A new future for space exploration on the blockchain

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Exploration of space on the blockchainSpacebit

When many of us were children, we dreamed of one day going into space. In the end, we realized that only government bodies like NASA had the power to do it, and our dream seemed to be out of reach. Some of us went to the Space Camp to taste as it would have been, but sooner or later we had to deal with the fact that at the time it was not possible. We did not know it would be decades before NASA could open up space exploration to the public.

Companies like SpaceX and Virgin Galactic seemed to change everything, promising the exploration of commercial space in the near future. However, the staggering cost of a ticket on a commercial space flight is still one of the many remaining obstacles.

A new company, Spacebit, is using blockchain technology to realize the dream of travel in public space much faster than government agencies or large corporations can do, and change the way we collectively think about space exploration.

Leveraging commercial space missions around the world, Spacebit claims to create a new ecosystem for public involvement in space research, development and travel. In the process, they are bringing together the best technology companies and space travel experts to build the infrastructure of the next space age. The internationally acclaimed Spacebit team aims not only to democratize access to space, but also to allow humanity to explore Mars and beyond.

Spacebit has partnered with Goonhilly Earth Station to build a unique ecosystem for ground-based space missions, including radio communications, land networks and mission control components. The team is also preparing to launch two more offers, the space segment and blockchain-based GPS.

At the IoT and beyond

The Internet of Things (IoT) devices are designed to communicate and perform complex operations in a semi-autonomous way, with the minimum contribution of human beings. This design makes them ideal for satellites, drones and other spacecraft that need to rely on signals that are distant from mission control. The introduction of new IoT technologies on these machines will allow them to carry out their activities much more efficiently in far away places.

Anticipating that IoT technology will allow a machine-centric economy to unfold between the trillions of devices in the coming decades, Spacebit has become the first to adopt the IoT for space use (SIoT ). As a first step, Spacebit will implement a secure protocol for sensor networks and connected devices, which will allow the detection and remote transmission of large amounts of data by spacecraft. Using IOTA as Distributed Ledger Technology (DLT) for SIoT, Spacebit is well suited for space adoption and innovation.

Spacebit Capital

Spacebit's venture capital fund, SpaceBit Capital, is the first tokenised VC space exploration fund. The fund uncovers high-spatial, intellectual-intensive, space-bound societies that focus on key areas that will play a key role in the decentralized space age:

  • Downstream software
  • Satellite data transmission for the Earth-Moon system
  • Internet space of things (SIoT)
  • Intellectual property of propulsion, robotics or remote sensing

Spacebit Capital is betting that the distributed blockchain and ledger technology will provide the infrastructure for the next technological, economic and social frontier and invest in companies that can bring it to fruition.

& Nbsp;The Spacebit Alliance

Spacebit aims to create an alliance that not only brings the exploration of space to the public, but also facilitates innovation and creates long-term benefits for the participants. The alliance has three pillars:

  1. Governance models & nbsp; – & nbsp; Customized governance and management models suitable for managing future space shipments.
  2. Data Services – & nbsp; In particular, data storage, which will not only be decentralized but will also use machine learning and blockchain to increase effectiveness.
  3. Funding Opportunities – A blockchain-based financial ecosystem, led by Spacebit Capital, which will invest in space exploration and seek to make it fluid and efficient.

A path to the future

New technologies often face the same struggle; the existing structures and institutions on the market are blocked by competition and resistant to changes, for fear of survival. The biggest obstacle to progress is often not the lack of technology, but the lack of cooperation. Spacebit believes that the most mature opportunities to create a future based on cooperation that does not exist on Earth – so they are expanding their horizons beyond our planet.

Spacebit is not just creating an efficient space exploration system with the help of intelligent contracts, data tokenisation, secure data storage and communication protocols; but they are also rekindling the common dream of going into space and making it accessible to everyone. The future is exciting and the stranger calls. & Nbsp;

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Exploration of space on the blockchainSpacebit

When many of us were children, we dreamed of one day going into space. In the end, we realized that only government bodies like NASA had the power to do it, and our dream seemed to be out of reach. Some of us went to the Space Camp to taste as it would have been, but sooner or later we had to deal with the fact that at the time it was not possible. We did not know it would be decades before NASA could open up space exploration to the public.

Companies like SpaceX and Virgin Galactic seemed to change everything, promising the exploration of commercial space in the near future. However, the staggering cost of a ticket on a commercial space flight is still one of the many remaining obstacles.

A new company, Spacebit, is using blockchain technology to realize the dream of travel in the public space much faster than government agencies or large corporations can do, and change the way we collectively think about space exploration .

Leveraging commercial space missions around the world, Spacebit claims to create a new ecosystem for public involvement in space research, development and travel. In the process, they are bringing together the best technology companies and space travel experts to build the infrastructure of the next space age. The internationally acclaimed Spacebit team aims not only to democratize access to space, but also to allow humanity to explore Mars and beyond.

Spacebit has partnered with Goonhilly Earth Station to build a unique ecosystem for ground-based space missions, including radio communications, land networks and mission control components. The team is also preparing to launch two more offers, the space segment and blockchain-based GPS.

At the IoT and beyond

The Internet of Things (IoT) devices are designed to communicate and perform complex operations in a semi-autonomous way, with the minimum contribution of human beings. This design makes them ideal for satellites, drones and other spacecraft that need to rely on signals that are distant from mission control. The introduction of new IoT technologies on these machines will allow them to carry out their activities much more efficiently in far away places.

Anticipating that IoT technology will allow a machine-centric economy to unfold between the trillions of devices in the coming decades, Spacebit has become the first to adopt the IoT for space use (SIoT ). As a first step, Spacebit will implement a secure protocol for sensor networks and connected devices, which will enable remote sensing and transmission of large amounts of data by space vehicles. Using IOTA as Distributed Ledger Technology (DLT) for SIoT, Spacebit is well suited for space adoption and innovation.

Spacebit Capital

Spacebit's venture capital fund, SpaceBit Capital, is the first tokenised VC space exploration fund. The fund uncovers high-spatial, intellectual-intensive, space-bound societies that focus on key areas that will play a key role in the decentralized space age:

  • Downstream software
  • Satellite data transmission for the Earth-Moon system
  • Internet space of things (SIoT)
  • Intellectual property of propulsion, robotics or remote sensing

Spacebit Capital is betting that the distributed blockchain and ledger technology will provide the infrastructure for the next technological, economic and social frontier and invest in companies that can bring it to fruition.

The Spacebit Alliance

Spacebit aims to create an alliance that not only brings the exploration of space to the public, but also facilitates innovation and creates long-term benefits for the participants. The alliance has three pillars:

  1. Governance models: customized governance and management models suitable for managing future space shipments.
  2. Data services – In particular, data storage, which will not only be decentralized, but will also use machine learning and blockchain to increase effectiveness.
  3. Funding Opportunities – A blockchain-based financial ecosystem, led by Spacebit Capital, which will invest in space exploration and seek to make it fluid and efficient.

A path to the future

New technologies often face the same struggle; the existing structures and institutions on the market are blocked by competition and resistant to changes, for fear of survival. The biggest obstacle to progress is often not the lack of technology, but the lack of cooperation. Spacebit believes that the most mature opportunities to create a future based on cooperation that does not exist on Earth – so they are expanding their horizons beyond our planet.

Spacebit is not just creating an efficient space exploration system with the help of intelligent contracts, data tokenisation, secure data storage and communication protocols; but they are also rekindling the common dream of going into space and making it accessible to everyone. The future is exciting and the stranger calls.

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