Two space-as-a-service solutions providers are teaming up to demonstrate the feasibility of blockchain technology computation in space.<\/p>\n
Spire Global<\/strong>, a publicly traded space data analytics company, announced it entered into a partnership agreement with Singapore\u2019s SpaceChain<\/strong> to demonstrate the ability to resolve land-based centralized infrastructure issues using in-space blockchain computing.<\/p>\n SpaceChain has been developing what it calls Decentralized Satellite Infrastructure (DSI), on which decentralized satellite applications can be built and run without the need for any land-based infrastructure. It is targeting these applications for launch service providers, national space agencies, satellite manufacturers, to data analytics startups.<\/p>\n Blockchain technology is essential to SpaceChain\u2019s DSI. It also requires a massive amount of computing power. Spire has therefore offered to provide SpaceChain with its \u201cSABERTOOTH\u201d supercomputing module, which it uses as an embedded AI computing device, to fulfill a two-part mission. Spire will first conduct an on-orbit upload of SpaceChain\u2019s software to an existing satellite, before further building out SpaceChain\u2019s capabilities via a payload on a new satellite, expected to be launched later this year.<\/p>\n \u201cSpace is the next frontier for businesses, and through Spire\u2019s satellite infrastructure we are taking global collaboration to the ultimate vantage point,\u201d said SpaceChain Co-founder and CEO Zee Zheng. \u201cThis partnership will help us leverage satellite-based computing to remove barriers and create a more open, collaborative and global economy.\u201d<\/p>\n This past summer, SpaceChain launched a blockchain-enabled payload to the International Space Station, where it will demonstrate Ethereum cryptocurrency technology integration. SpaceChain\u2019s first in-space demonstration of Bitcoin technology took place back in 2019.<\/p>\n Spire went public in August after shareholders of NavSight Holdings Inc.<\/b> approved a special purpose acquisition company (SPAC) merger with the company. The company trades on the New York Stock Exchange under the new ticker symbol \u201cSPIR.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" Two space-as-a-service solutions providers are teaming up to demonstrate the feasibility of blockchain technology computation in space. Spire Global, a publicly traded space data analytics company, announced it entered into a partnership agreement with Singapore\u2019s SpaceChain to demonstrate the ability to resolve land-based centralized infrastructure issues using in-space blockchain computing. SpaceChain has been developing what […]<\/p>\n","protected":false},"author":1,"featured_media":56583,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-56582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/56582"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=56582"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/56582\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/56583"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=56582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=56582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=56582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}