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SPC Price   

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SPC

SpaceChain  

#SPC

SPC Price:
$0.00590
Volume:
$666
All Time High:
$0.47
Market Cap:
$3.0 M


Circulating Supply:
515,923,518
Exchanges:
2
Total Supply:
1,000,000,000
Markets:
3
Max Supply:
Pairs:
3



  SPC PRICE


The price of #SPC today is $0.00590 USD.

The lowest SPC price for this period was $0, the highest was $0.00590, and the exact current price of one SPC crypto coin is $0.00590187.

The all-time high SPC coin price was $0.47.

Use our custom price calculator to see the hypothetical price of SPC with market cap of BTC or other crypto coins.


  SPC OVERVIEW


The code for SpaceChain crypto currency is #SPC.

SpaceChain is 4.7 years old.


  SPC MARKET CAP


The current market capitalization for SpaceChain is $3,044,913.

SpaceChain is ranked #712, by market cap (and other factors).


  SPC VOLUME


There is a weak volume of trading today on #SPC.

Today's 24-hour trading volume across all exchanges for SpaceChain is $666.


  SPC SUPPLY


The circulating supply of SPC is 515,923,518 coins, which is 52% of the total coin supply.


  SPC BLOCKCHAIN


SPC is a token on the Ethereum blockchain.


  SPC EXCHANGES


SPC has limited pairings with other cryptocurrencies, but has at least 3 pairings and is listed on at least 2 crypto exchanges.

View #SPC trading pairs and crypto exchanges that currently support #SPC purchase.


  SPC RELATED


Note that there are multiple coins that share the code #SPC, and you can view them on our SPC disambiguation page.


  SPC RESOURCES


Websitespacechain.com
Whitepaperspacechain.com/SpaceChain-0317-1.0-EN.pdf
TwitterSpaceChain
Redditr/SpaceChain
TelegramSpaceChainOfficial_EN
DiscordsdwJ2UkN


  SPC DEVELOPER NEWS



SpaceChain August 2022 Report

ANNOUNCEMENTS - — Meet our new CEO Cliff Beek. — We would like to extend a warm welcome to our new CEO Cliff Beek. He will be spearheading global expansion efforts for SpaceChain and charting the company’s long-term growth. Co-founders Zee Zheng will now assume the role of executive chairman while Jeff Garzik remains as our CTO. SpaceChain Names Cliff Beek to Lead Global and U.S. Expansion as CEO Boasting more than 25 years of professional experience, Cliff is an accomplished executive within the satellite and aerospace infrastructure community. Prior to SpaceChain, Cliff served as CEO for Cloud Constellation Corporation, a Los Angeles CA based company, having a presence in Washington DC, developing the first global data security platform for public and private institutions. Watch this video to learn more about Cliff’s background. medium.com Beek’s immediate priorities for SpaceChain include building on the company’s success and industry-leading position in integrating software-defined payloads to advance blockchain applications in orbit, as well as raising awareness and capital in the United States (U.S.) through targeting private equity investors and strategic vendors that have an affinity to space, blockchain and fintech. In conversation with SpaceChain’s CEO Cliff Beek — Do you like our new look?. — SpaceChain finally showcased it’s new website. We overhauled the entire design, refreshed our brand colours and style, and updated the website with new content, videos and graphics. We hope you like it as much as we do. Be sure to check it out spacechain.com. Home - SpaceChain — Yay, we’ve won the Best Blockchain Technology Integrator award. — We’ve been named the Best Blockchain Technology Integrator in the Fintech Awards 2022. Thanks to Wealth & Finance magazine for this incredible honour. Read more here. medium.com — COMMUNITY ACTIVITIES - — Taking Web3 to outer space. — If you’re in London next week (Sept 6), come join us at this event organized by Copernic Space. We’ll be speaking about integrating space with blockchain tech, innovative use cases and more. Register here.  — @CopernicSpace — A sharing session at New Frontiers conference. — On Aug 20, Executive Chairman Zee Zheng was invited to speak at the 2022 New Frontiers Conference at the National University of Singapore. It was an intimate sharing session as Zee spoke about his personal journey in starting SpaceChain, his vision for the company, and his insights about the Singapore space scene.  — @SpaceChain — SpaceChain in the news. — SpaceChain’s Business Development Manager Evan Slattery shares with Disruption Banking his insights about space, blockchain, and how SpaceChain offers leading-edge technology for customers and investors. Read more in this article. Offering blockchain solutions to Space and Smart Cities with SpaceChain — A learning journey with TUMO Labs students. — Last year, the SpaceChain team worked on a partnership project with TUMO Labs to train its students on using machine learning for image processing, land use and land cover classification. Based in Armenia, TUMO Labs is a tuition-free applied science and engineering hub that connects higher education with the industry. For the past 10 months, the SpaceChain team held regular meetings with the students where they reviewed their progress and gave them feedback. At the end of the project, the students had to do a final presentation to share their proof of concept with the SpaceChain team. Hear what the students have to say about the partnership project in the video. medium.com — Doing our part for space students. — To further show support for up-and-coming space professionals in the UK, SpaceChain was one of the sponsors for the UKSEDS Satellite Design Competition 2022.  — @UKSEDS Known as UK Students for the Exploration and Development of Space, UKSEDS is the UK’s national student space society, and it has been supporting students and young professionals across the country for over 30 years. They run events and provide resources, teaching students new skills, while allowing them to harness their space industry knowledge via innovative satellite design. Held on Aug 20 in the National Space Centre in Leicester, the Satellite Design Competition by UKSEDS was a great success and the overall winner was StrathAIS. The team showed a high level of dedication and also built a prototype of their work. Check out the photos from the competition. — TECHNICAL PROGRESS - — Space node software development. — The team is in the process of conducting research on the updated node software of Ethereum. After the research is complete, the team will upgrade the software for the mobile handheld device and space node software accordingly. The team has also verified the test results of the hardware board which is ready for our next launch. — SpaceChain handheld device development. — The team hascompleted the preliminary selection of security chips for handheld devices, and three alternative solutions have been selected. The final solution will be determined based on factors such as suppliers and hardware costs. Check out our monthly report every first week of the month for SpaceChain’s latest news and progress and subscribe to our newsletter! SpaceChain August 2022 Report was originally published in SpaceChain on Medium, where people are continuing the conversation by highlighting and responding to this story.




In conversation with SpaceChain’s CEO Cliff Beek

As SpaceChain enters its 5th year, the company is undergoing significant changes in its core team. Clifford W. Beek is the new addition to the company. He will join as the Chief Executive Officer (CEO) of SpaceChain. Cliff will replace Zee Zheng, who will now steer the organization as the executive chairman. A veteran executive, Cliff has over 25 years of experience providing leadership and strategic direction to high-growth technology companies, their board of directors, and senior management. In addition, he has a proven track record managing equity-backed companies, particularly within aerospace, cyber-security, defense intelligence, and cloud infrastructure. Cliff has formerly worked as the President of Cloud Constellation Corporation, Co-founder of Star Asia Technologies, and a Board member of Etheric Networks and CMC Asia. He even successfully led the Asian Development Bank’s (ADB) formation of the South Asia Sub-regional Economic Cooperation Information Highway- a fiber optic communications network, and negotiated the funding and bilateral agreements on behalf of ADB. Now, with his expertise and remarkable business acumen, SpaceChain is all set for greater heights and achievements. Here’s an in-depth conversation with Cliff, elucidating his strategy and aspirations for SpaceChain. Q: What’s your long-term plan for SpaceChain 5 years from now? A: Our plan for the first year is to establish a U.S. presence for SpaceChain. In doing this, SpaceChain will extend its global footprint, create awareness for its remarkable industry achievements, and aim to monetize its proven capabilities. Our expansion plan aims to optimize our first-mover market position and build upon demonstrative in-orbit platforms that will further progress SpaceChain as the first company to successfully launch and transmit a blockchain from space. Q: What is your near-term strategy for SpaceChain? What do you see as the single most important area that you need to focus on to achieve success? A: In the near term, our priorities are: First, to both gain and strengthen our market leadership position by building on our team’s proven capabilities, experience, and established relationships. We have achieved six successful space missions; for example, putting secure transactional wallets on the International Space Station, which is not trivial ━ this achievement required having been carefully vetted by NASA, resulting in our receiving authorized certification to transact two blockchain wallets from the ISS, which no one in our industry group has done. Secondly, we plan to progress our program of attaching our engineered space node to multiple LEO payloads. In doing this, we create an operational fintech network in orbit! We have successfully performed this commercial activity in collaboration with a Spire Global LEO for a specific customer. The end result proved to be highly complementary and brought incremental value to the constellation’s traditional service offering. We, as well as our customers, saw SpaceChain’s space node as bringing adjacent commercial value to the company. So with this proven mission, we will extend the space node concept further to create a fintech market offering. Again, bringing an adjacent value and revenue stream to new and existing LEOs in orbit. It is significant for SpaceChain because our industry is gaining more attention with annual growth rates (CAGR) above 20% — SpaceChain is well-positioned for customer adoption of our secure wallet and custodian services (DeFi) model. Third, our capital formation. We are in the process of a capital raise that will be used for investing in new products to profitably expand our market leadership position in data security and blockchain applications in space. Q: What other regions do you intend to expand SpaceChain into? A: We see enormous potential in our current geographic regions and would like to scale growth to enhance capabilities in Asia, Europe and MENA regions. In parallel — and by entering the U.S. market, we plan to aggressively demonstrate our space tech and expertise in implementing space-based applications. SpaceChain’s multi-signature blockchain wallet transmitting from the International Space Station has been recognized throughout the space industry. Our resources in Europe, Asia, and the Middle East — have been inundated with new inquiries. Now, we seek to create awareness in the U.S. market for SpaceChain — a highly strategic growth opportunity for us. Q: Certain countries have a stronger competitive advantage in the space sector as compared to other countries. For example, Singapore is a multi-global space hub, so would you gravitate to working with nations that have a better infrastructure when it comes to the space sector? A: A first reaction to the question is, “yes, of course.” And to be sure, we value the support Singapore has provided us, as well as the support we received from Europe. Recognizing that the entry point for smaller countries into space tends to be capital intensive and mostly reserved for countries with higher GDPs, SpaceChain is involved in discussions with less developed countries’ space hub aspirations. We feel compelled to assist where we can. Being an accomplished application solutions company that has successfully engineered and delivered innovative space platforms, we would like to contribute towards making space accessible by supporting an array of activities that can protect and advance the quality of life here on earth. For example, SpaceChain is currently developing an open-source platform/portal to effectively decentralize image procurement from any Earth Observation (EO) satellite service provider. The unique aspect is that any user can securely use their blockchain wallet to publish a requirement on the platform, whereby all EO companies can decide to respond and fulfill the request in a secure, seamless, and anonymous environment. Q: Would that include central Asian countries like Kazakhstan? A: We welcome the opportunity to work and contribute to advancing space programs within central Asia. Yes, Kazakhstan is a formidable opportunity for us. Q: You mentioned that the US would be the new headquarters for SpaceChain. Where specifically in the US would that be? A: Well, deciding where to locate in the U.S. is a complex decision. We feel that our decision should have evidence of quantifiable benefits concerning location specifics, such as access to talent, the average cost of living, and industry sectors that are in proximity to our location. So, we are working on developing a clear view of available options. With that said, there are three equally appealing geographic areas being considered: the Washington DC metropolitan area — a solid base of aerospace engineers; San Francisco, the bay area has access to a deep tech base; and New York City’s extensive fintech customer base and access to capital markets. Q: What are your plans when it comes to raising capital and increasing awareness, including marketing campaigns to enable potential customers to know more about SpaceChain? A: We have begun a capital formation process for our U.S. expansion, selectively targeting private equity investors and strategic vendors who have an affinity to space, blockchain, and fintech. We’ve prepared an investor pitch deck and have received favorable early interest. I am totally impressed with SpaceChain’s marketing team. They have developed roots in social media, linking content and brand relevance in full-on marketing models. Q: Do you have any plans to collaborate with specific companies? A: For sure. The category or industry sector-specific companies include mobile payment platforms where our value add is providing an entire system architecture where the signed data between a “wallet” and the “wallet server” is secure. Our service differentiator is our space node, which ensures transaction data is not tampered with or compromised during transmission. Q: Over the next two-to-three years, would you expand the product spectrum? A: Yes, it’s an exciting multi-tiered plan. Today we have aligned our technical capabilities with satellite constellation service providers. We have attached our space nodes on satellite payloads to unleash the adjacent value by forming a network of secure communications with secure decentralized blockchain and fintech applications. In that regard, we create a potential global footprint of mesh DeFi network services. The next phase would be integrating our platforms with satellite manufacturers who work in conjunction with diversifying their service offerings for service operators. And ultimately, SpaceChain would consider designing and deploying a constellation of its own. Q: What is your management style and philosophy? A: It’s essential to have a good understanding of strengths and be sensitive to gaps or weaknesses in the team. I am a big believer in mentorship. That is, surrounding myself with a strong core of department heads. Deep thinkers with proven track records. This team can lead and inspire the development of a new generation of successful leaders. I place a high priority on career path development, making it exciting, communicating our mission, then giving just enough responsibility to allow for some calculated risk. Ultimately you have to encourage decision-making with balanced risk ━ it keeps things exciting. And I don’t like the idea of discharging employees unless there was some type of reckless behavior. Let’s try to work on the weaknesses and strengthen our team. So, I guess what I am saying is the ultimate decision-making is actually in the hiring process, having some vetting process to make sure that we are building an organization that embraces, respects each other, and makes it clear it takes everyone to be successful — and they don’t all have to think, look, act the same. Respect each other. Bring out the best, and make it fun! — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — In conversation with SpaceChain’s CEO Cliff Beek was originally published in SpaceChain on Medium, where people are continuing the conversation by highlighting and responding to this story.




SpaceChain Names Cliff Beek to Lead Global and U.S. Expansion as CEO

Beek’s plans include building on the company’s success in the integration of space and blockchain technologies, expanding product lines and establishing a global headquarters in the U.S.. — WASHINGTON, D.C. — August 03, 2022 — SpaceChain today announced the appointment of Cliff Beek to the role of chief executive officer (CEO) to spearhead global expansion efforts for the space-as-a-service solutions provider. Beek will be responsible for charting the company’s long-term growth and extending its global footprint through leveraging its first-mover leadership position in the integration of space and blockchain technologies, and proven capabilities in its decentralized infrastructure and in-orbit platform. Co-founders Zee Zheng will assume the role and responsibilities of executive chairman upon transition while Jeff Garzik remains as the company’s chief technology officer (CTO). Beek is an accomplished executive with over 25 years of professional experience in providing leadership and strategic direction to progressive technology companies, with expertise across managing equity-backed enterprises, particularly those in the aerospace, cybersecurity, defense intelligence and cloud infrastructure sectors. Most recently, he was president and CEO of Cloud Constellation Corporation, a Los Angeles based company that developed the first global satellite data security platform for governments and financial institutions. Beek’s immediate priorities for SpaceChain include building on the company’s success and industry-leading position in integrating software-defined payloads to advance blockchain applications in orbit, as well as raising awareness and capital in the United States (U.S.) through targeting private equity investors and strategic vendors that have an affinity to space, blockchain and fintech. A new global headquarters will be established in the U.S. to accelerate global expansion and complement SpaceChain’s existing regional operations in Singapore, the United Arab Emirates (UAE) and United Kingdom (UK). Possible locations for the global headquarters include Washington, D.C., San Francisco and New York City. Beek sees enormous potential in the geographical regions SpaceChain is currently operating in, and across the U.S. where he plans to foster dialogue and relationships with industry participants, and develop the company’s strategic growth. In addition, Beek plans to expand SpaceChain’s product line and unique offerings over the coming months, through reinforcing the company’s proven capabilities in customizing space nodes for secure custody, smart contract and digital asset transactions; and working closely with manufacturers and developers to design and integrate blockchain-enabled payloads onto satellite constellations.“Having witnessed their remarkable growth since day one and sharing the same unified vision as the co-founders, I am flattered and honored to be able to lead the next chapter of growth for SpaceChain as modern businesses look to space to solve problems and conduct commerce,” said Cliff Beek. “I am looking forward to strengthening SpaceChain’s legacy and hallmark as the partner of choice among enterprises that are looking to leverage space as a platform for business innovation and unfair advantage.”“Cliff’s extensive leadership experience and illustrious career at high-growth corporations makes him the ideal candidate to take on the CEO role as SpaceChain enters a new phase of growth and development,” said Zee Zheng, SpaceChain co-founder and executive chairman. “His global experience and multicultural background in problem solving will prove valuable as he takes SpaceChain to the next level.” About SpaceChain Founded in late 2017, SpaceChain established the first satellite platform to provide secure custody, transact digital assets, deploy smart contracts, and facilitate Decentralized Finance Infrastructure (“DFI”) on space nodes. SpaceChain aims to bring advanced security and global access, integrating software defined payloads to progress blockchain applications in orbit. SpaceChain currently has live network nodes operating on satellites and aboard the International Space Station (ISS). SpaceChain has demonstrated commercial and deployment success for delivering space missions and is now ready to capture high growth and high value. For more information, visit www.spacechain.com. Media Contact: Tony Tan Autonomy for SpaceChain +65 9048 6981 tony@autonomy-consulting.com SpaceChain Names Cliff Beek to Lead Global and U.S. Expansion as CEO was originally published in SpaceChain on Medium, where people are continuing the conversation by highlighting and responding to this story.




SpaceChain July 2022 Report

ANNOUNCEMENT - SpaceChain Completes EVM Blockchain Testing in Space, Expands Space Applications for Blockchain… We have finished testing the space node for Velas that is installed onto a satellite designed and manufactured by Spire Global, who also managed the launch mission on Jan 13, 2022. The space node is now capable of delivering the full functionalities designed for Velas, including transaction signatures, smart contract deployment, decentralized finance (Defi) activities and non-fungible token (NFT) minting with the seamless transaction of the Velas Token (VLX). — COMMUNITY ACTIVITIES - — Farnborough International Airshow 2022. — SpaceChain’s CCO & UK Director Nick Trudgen attended the Farnborough International Airshow 2022. Held from July 18 to 22, the international exhibition and conference is one of the world’s largest aerospace events that brings together thought leaders and professionals to build connections and inspire change. Nick said: “Some of the highlights included meeting British astronaut Tim Peake, chatting with UK Space Agency CEO Paul Bate and seeing the launch of the UK Space Alliance by Thales, Leonardo, and Telespazio. It was also great to see progress made with the UK’s National Space Strategy as well as with Europe’s first satellite launch coming soon from Spaceport Cornwall.” Check out the video below for a peek into the event.  — @SpaceChain — Interview with Deeptech Times. — Catch SpaceChain CEO & Co-founder Zee Zheng interview with Deeptech Times on space technology. Part 1: Topics covered include what deep tech means to him and why it is important for CEOs and business leaders to understand the impact of deep technologies. medium.com Part 2: Topics include how space technology is shaping the business world today, its importance, and thoughts on the future of this innovative and exciting industry. medium.com — Benefits of integrating space and blockchain tech. — The versatility of blockchain, remoteness of space, and high-grade space technology can solve many challenges and provide several use-cases when combined together. In this blog, find out how SpaceChain is integrating both technologies to solve four major issues like hacking, inaccessibility of space and EO data, and centralized infrastructures using blockchain and space technology. Four Key Issues SpaceChain is Solving by Integrating Space and Blockchain Technology — Building the New Space Economy. — Blockchain technology is key in helping build the new space economy. Check out the graphic and learn how SpaceChain contributing to the New Space Economy with its innovation. — Doing our part for the New Space Economy. — Get a deeper understanding of SpaceChain’s light and full node deployment schemes, as well as how the team launches blockchain nodes into space via an uplink, a small satellite launch, and the International Space Station launch.  — @SpaceChain — TECHNICAL PROGRESS - — Node development. — Development of the node software was completed and the software has been delivered to the launch service provider for hardware integration. — SpaceChain handheld device development. — The migration of the handheld device server from the test server to the production server was completed this month., We have also started the processing of the data sent by the Iridium server., The server’s background framework was upgraded for the subsequent expansion or addition of new functions., — SpaceChain node tracker upgrade. — Upgrade of the space node tracker server was completed and the space node tracker could be embedded in the official website successfully. Check out our monthly report every first week of the month for SpaceChain’s latest news and progress and subscribe to our newsletter! SpaceChain July 2022 Report was originally published in SpaceChain on Medium, where people are continuing the conversation by highlighting and responding to this story.




SpaceChain Completes EVM Blockchain Testing in Space, Expands Space Applications for Blockchain…

SpaceChain Completes EVM Blockchain Testing in Space, Expands Space Applications for Blockchain Customers - — Investment in R&D to help reduce space node testing time and enable more blockchain companies to harness space as a platform for business innovation. — CAPE CANAVERAL, FLORIDA — July 11, 2022 — SpaceChain today announced the completion of the testing of the space node it created for Velas Network AG, which is hosted on an LEO satellite and independent of terrestrial networks. The space node is now capable of delivering the full functionalities designed for Velas, including transaction signatures, smart contract deployment, decentralized finance (Defi) activities and non-fungible token (NFT) minting with the seamless transaction of the Velas Token (VLX). SpaceChain has assisted numerous blockchain customers to deploy space nodes and realize their space-based business operations through its commitment to utilizing space technology to help blockchain applications gain more application scenarios. SpaceChain will continue to invest in research and development to help reduce the time required for space node testing, expand application scenarios, and enable more blockchain companies to harness space as a platform for business innovation. The space node was installed onto a satellite designed and manufactured by Spire Global, which managed the launch mission on January 13, 2022. The mission marked SpaceChain’s successful integration of Velas, the world’s fastest Ethereum Virtual Machine (EVM) blockchain and open-source platform for decentralized applications, with its payload. The space node now supports and enables Velas to advance the development and deployment of its blockchain platform, which aims to be one of the most secure and fastest platforms in the industry.“Through this mission, the space node helps Velas’ blockchain project realize the digital transaction signature service in space, enabling Velas to execute its space services based on this space node,” said Zee Zheng, SpaceChain co-founder and CEO. “With its independence, physical security in space and as a trusted third party in blockchain applications, the space node provides impartial third-party reviews, security protection and other functions to further develop blockchain technology. This implementation improves the credibility and security of its internal system, thereby winning the trust of more market users.” SpaceChain and Velas are extending their partnership to send another space node to the International Space Station (ISS) later this year. Upon installation and testing, the Velas space node will benefit from the secure and conducive environment provided by the ISS to create more space-based use cases over time. From launching nodes to enhancing customers’ platform security, SpaceChain’s blockchain space mission design and management utilizes its space and blockchain mission expertise and technology to customize solutions to meet customers’ diverse needs. SpaceChain provides a one-stop business solution and space consultancy ranging from technical support to marketing and partnerships for a wide array of space activities. With its entrenched experience and in-depth knowhow in space and blockchain, SpaceChain has collaborated and executed projects with some of the world’s leading agencies and organizations in the space sector since 2018, including Addvalue Innovation, Elecnor DEIMOS, Eurasian Space Ventures (ESV), Nanoracks and Spire Global About SpaceChain SpaceChain fosters decentralized infrastructure for the New Space Economy. By combining space and blockchain technologies SpaceChain is making the development of space applications easier and making space more accessible. For more information, visit www.spacechain.com. Media Contacts: Tony Tan Autonomy for SpaceChain +65 6570 9139 tony@autonomy-consulting.com Shaikh Farouk Fraij Autonomy for SpaceChain +65 6570 9139 shaikh@autonomy-consulting.com SpaceChain Completes EVM Blockchain Testing in Space, Expands Space Applications for Blockchain… was originally published in SpaceChain on Medium, where people are continuing the conversation by highlighting and responding to this story.




Four Key Issues SpaceChain is Solving by Integrating Space and Blockchain Technology

Currently, there are several issues surrounding blockchain and space tech. While hacking deters the adoption of blockchain, matters like the inaccessibility of space, resistance to satellite data sharing, and centralized structures hinder the progress of humanity. SpaceChain is committed to addressing these concerns as listed below: Hacking/Loss of Key, Recently, Forbes reported theft of 600 million dollars from NFT gaming blockchain, Ronin Network, using hacked private keys. So, as long as private keys can be accessed physically, the risks of theft, loss, and damage will always be present. To prevent this, SpaceChain has introduced space-based multisignature wallet technology. This technology stores one of the private keys in a satellite in space while the other key stays with the wallet owner. The remoteness of space protects the key from physical harm and theft. Furthermore, even if one of the keys is compromised, the funds remain secure because the second private key in the satellite signs the transaction only when the real wallet owner approves it. 2. Inaccessible Space Space missions are costly and mostly reserved for governments or big private entities. Small-scale businesses still find it challenging to harness space technology. Such enterprises can seek help from SpaceChain’s experts, who can impart valuable insights and aid in designing, managing, and implementing space missions. With SpaceChain’s Blockchain Space Mission Design and Management studio, space visions can become a reality. We work closely with companies like Spire Global and Nanoracks to largely shorten the period of space missions from design to launch. 3. Difficulties in EO Data Sharing Acquiring satellite imagery data from earth observation (EO) companies can be tedious and expensive. It may involve numerous calls with sales personnel, signing contracts, and hiring talents to analyze the data. Moreover, adversaries might refrain from sharing their data in case of geopolitical indifferences. To overcome these challenges, SpaceChain is building a decentralized satellite applications (DSA) platform where users can sign up using their blockchain wallets. Then, they can publish their requirements on the platform, to which satellite companies can respond with the required data or services. Finally, users can download this data and analyze it without prior expertise. 4. Centralized Infrastructure Centralized networks are not secure. Their major disadvantage is having a single point of failure, hence such networks cannot be fully trusted regarding security. To enforce security, transparency, and trust among various parties, SpaceChain is building a blockchain-based decentralized satellite infrastructure (DSI). It will be a mesh network of LEO spacecraft owned and operated by multiple parties in multiple jurisdictions and will act as a platform for running space-based applications. In addition, all communications will be cryptographically secured. SpaceChain has solved the above issues by integrating blockchain and space tech. The versatility of blockchain, remoteness of space, and high-grade space technology together not only solve the above challenges but also serve several use-cases. Blockchain technology will be instrumental in defining the new space economy in times to come. Four Key Issues SpaceChain is Solving by Integrating Space and Blockchain Technology was originally published in SpaceChain on Medium, where people are continuing the conversation by highlighting and responding to this story.




SpaceChain June 2022 Report

ANNOUNCEMENT - On 8 July, CEO Zee Zheng will be presenting about blockchain in space at the 2022 New Frontiers Series event in Singapore. Organized by the National University of Singapore Students for the Exploration and Development of Space, the event series showcases guest speakers from space and related industries to share their experiences, as well as a range of exciting initiatives which could leave an impact on space technology. Zee will be speaking about SpaceChain’s role in this industry, our technology, and latest products and services. If you’re keen to learn more, join in the event in person or via Zoom. To register, click here. — COMMUNITY ACTIVITIES - — SpaceChain’s vision for its entity in MENA. — In this interview with Hub71, co-founder of SpaceChain MENA, Nick Trudgen, shares the company’s vision within UAE’s space sector. Plus, find out, how SpaceChain’s presence in Abu Dhabi’s global tech ecosystem Hub71 will be crucial in achieving these goals. Read here. Delivering continued success for innovators and investors — Blockchain nodes in space. — In the latest issue of issuu space magazine, SpaceChain’s Business Development Manager Evan Slattery, and Technical Manager Ziheng Xiang, share more about how blockchain nodes are transforming the way satellites are used in space. Read more in this interview. medium.com — SpaceChain’s goals, challenges and partnerships. — Get more insight into SpaceChain’s backstory, the problems the company is trying to solve, and what makes the project unique, in this interview with CEO Zee Zheng and HodlersHub. Click here. SpaceChain: Building a Decentralized Infrastructure for the New Space Economy - HodlersHub — 5 ways SpaceChain is shaping the New Space Economy. — From deploying blockchain nodes to the International Space Station (ISS), to setting up a decentralized satellite marketplace, SpaceChain has blazed the trail for a blockchain-integrated space. Learn more in this blog. 5 Ways SpaceChain is Shaping the New Space Economy — Recognizing NUS Alumni Zee’s award. — In the latest Forbes 30 under 30 Asia List, SpaceChain CEO Zee, who is a National University of Singapore Alumni, has been named as a notable honoree. He is one of the nine alumnus from NUS Alumni to be given the award this year. Read more here. Over 4,000 nominees under the age of 30 applied to be on this year’s list, and the final 300 were selected and vetted by Forbes journalists and industry veterans, including some of the most active venture capitalists and successful business leaders in the region. Get the full story here. SpaceChain Co-founder and CEO Zee Zheng Makes it to the Forbes 30 Under 30 Asia List Congratulations Zee! — TECHNICAL PROGRESS - — Biteeu multisignature wallet integration. — This month, the team continues assisting the Biteeu engineers in the integration of the multisignature wallet and the set-up of the TCA server. The work is still in progress. — Handheld device development. — The development of handheld device software including the core functional modules and App Demo has been completed. The development of the backend server and the local test are done as well. After the server is placed on the Iridium service whitelist, it will switch to the official working environment. — ETH multisignature demonstration. — The teams are working on developing back-end related functions of the ETH multisignature demo and testing the transactions in the test environment on the ground. Check out our monthly report every first week of the month for SpaceChain’s latest news and progress and subscribe to our newsletter! SpaceChain June 2022 Report was originally published in SpaceChain on Medium, where people are continuing the conversation by highlighting and responding to this story.




SpaceChain Co-founder and CEO Zee Zheng Makes it to the Forbes 30 Under 30 Asia List

The prestigious award recognizes outstanding young entrepreneurs in their respective fields and how their forward-thinking vision redefines the future of business and society in AsiaZee Zheng SINGAPORE — June 16, 2022 — SpaceChain today announced that co-founder and CEO Zee Zheng has been named by Forbes as a notable honoree of the Forbes 30 Under 30 Asia Class of 2022. Over 4,000 nominees under the age of 30 applied to be on this year’s list, and the final 300 were selected and vetted by Forbes journalists and industry veterans, including some of the most active venture capitalists and successful business leaders in the region. As a distinguished honoree under the enterprise technology category, Zheng was selected based on a list of criteria including leadership demonstration, entrepreneurial spirit embodiment synonymous with Forbes, and success potential in the space and blockchain industries. Since 2017, milestones and achievements that SpaceChain has accomplished under Zheng’s leadership include — launching a testbed for blockchain multisignature authentication service to the International Space Station (ISS) and executing the first multisignature blockchain transaction in space, bringing the Ethereum platform to space, and helping commercial enterprises and non-profit organizations leverage space as a platform for innovation. “It’s an incredible honor to make it to the Forbes 30 Under 30 Asia list this year, and I am dedicating this accolade to every member of the SpaceChain team located across the continents who has shared the same beliefs as I do right from the start,” said Zee Zheng. “The democratization of space, combined with the decentralization of blockchain technology, has accelerated the arrival of the New Space Economy. We will continue to advance our decentralized satellite infrastructure (DSI) vision going forward, as we extend our space-as-a-service capabilities to enterprises and communities globally and build a better world for mankind in outer space.” According to Citigroup, the space industry is expected to reach US$1 trillion in annual revenue by 2040, as launch costs continue to decrease, which will create more opportunities for technological expansion and innovation. ### About SpaceChain SpaceChain fosters decentralized infrastructure for the New Space Economy. By combining space and blockchain technologies SpaceChain is making the development of space applications easier and making space more accessible. For more information, visit www.spacechain.com. Media Contacts: Tony Tan Autonomy for SpaceChain +65 6570 9139 tony@autonomy-consulting.com Shaikh Farouk Fraij Autonomy for SpaceChain +65 6570 9139 shaikh@autonomy-consulting.com SpaceChain Co-founder and CEO Zee Zheng Makes it to the Forbes 30 Under 30 Asia List was originally published in SpaceChain on Medium, where people are continuing the conversation by highlighting and responding to this story.




5 Ways SpaceChain is Shaping the New Space Economy

Founded in 2017, SpaceChain has been around only a few years, but we’ve proved our mettle in the blockchain and space industries. Be it launching the world’s first blockchain-enabled payload, performing multisignature transactions in space, deploying blockchain nodes to the International Space Station (ISS), or setting up a decentralized satellite marketplace, SpaceChain has blazed the trail for a blockchain-integrated space. SpaceChain identifies blockchain as an essential component for space-based applications. It is because blockchain’s secure, immutable, transparent, and decentralized features are compatible with the distant realm of space. With innovations like Tethys, space-based multisig wallets, DSI (Decentralized Satellite Infrastructure), etc., SpaceChain is bringing blockchain tech to the forefront. Below is a list that summarizes how SpaceChain’s blockchain initiatives are fueling the new space economy: Building an operating system for space with blockchain capabilities, Launched in 2018, the SpaceChain operating system (OS) supports the functioning of blockchain nodes in space. It is an open-source code available on Github for everyone to test and develop. This real-time code can be modified to realize an ecosystem’s desired functionalities in space. For example, SpaceChain OS has facilitated running smart contracts and multisig transactions in space for Qtum, minting NFTs in space for Velas, etc. 2. Enabling easy acquisition of satellite data and imagery via blockchain Acquiring satellite data can be strenuous. Those seeking satellite data have to undergo the hassles of calling the sales personnel, signing contracts, and spending huge amounts on data before determining its usability. Even if the data is acquired, it requires expertise to analyze it in its raw format. Moreover, if two countries are adversaries, data sharing becomes next to impossible. SpaceChain is building a Decentralized Satellite Applications (DSA) platform. In this blockchain-based Earth observation data and service marketplace, customers can acquire data from multiple parties and apply analysis tools without prior expertise. Users can sign up with a blockchain wallet and publish their requirements on the platform to which the satellite companies can respond with the required data set and services. SpaceChain has begun setting up this digital marketplace with its partner Deimos where Earth observation service providers can connect with users. 3. Providing easier access to space and global collaboration via the DSI SpaceChain is trying to make space affordable and accessible with a satellite constellation of blockchain nodes. This constellation, also known as the DSI, will serve as a platform for hosting various space-based applications like cryptocurrency exchanges, space VR, peer-to-peer encrypted messages, etc. Owned by multiple parties in multiple jurisdictions, DSI will democratize access to space. Once that happens, it will create an environment of global collaboration and connectivity. 4. Creating new space and ground hardware security module Security of blockchain transactions is of utmost importance, which is why SpaceChain has devised two security tools- Tethys and space-based multisignature wallets. Tethys is a handheld satellite mobile device for crypto transactions. It communicates directly with satellites through an uplink/downlink channel and cannot be easily hacked. Moreover, it does not require the internet, so it is almost immune to cyber attacks. Multisignature wallet technology gives multiple users access to a single wallet address. The transaction is not processed unless all parties are in agreement. SpaceChain’s multisig technology uses a space node as one of the validating parties. The space node holds a private key to authenticate transactions. Due to the remoteness of space, this key is almost impossible to be hacked, lost, or stolen. So, losing funds due to the aforementioned factors is reduced significantly. 5. Helping other companies integrate blockchain and space technologies to create new solutions For many companies, leveraging blockchain and space tech might be daunting. But now, such companies can smoothly integrate these technologies into their operations with SpaceChain’s space mission design studio. From minting NFTs, launching nodes, and deploying smart contracts in space to boosting a platform’s security and space-dropping tokens, SpaceChain’s expertise can guide you at each step. SpaceChain helps companies make the best use of space and blockchain in every aspect through advising, designing, and implementation. Some of our clients that benefitted from our blockchain mission design studio include Biteeu, Velas, and Divine. SpaceChain’s primary innovations have established blockchain as an essential technology in the new space economy. Whether it’s DSI, DSA, Tethys, or multisig wallets, blockchain is at the heart of them all. SpaceChain’s innovative solutions have indeed revolutionized the space economy. Once a far-fetched dream, space is in proximity to the users more than ever, thanks to the integration with blockchain. Undoubtedly, the new space economy is here, and with blockchain technology, it is here to stay! — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 5 Ways SpaceChain is Shaping the New Space Economy was originally published in SpaceChain on Medium, where people are continuing the conversation by highlighting and responding to this story.




SpaceChain May 2022 Report

ANNOUNCEMENT - — Forbes 30 under 30 Asia List. — Congratulations to SpaceChain CEO Zee Zheng for making it to Forbes 30 under 30 Asia list, and getting recognition for his exceptional work in advancing blockchain for use in outer space. Each year, Forbes 30 Under 30 recognizes individuals whose success stories are inspirational and have far-reaching impact. Read Zee’s profile here. — COMMUNITY ACTIVITIES - — Interview with GeoSpatial World. — Blockchain Crucial for Openness and Transparency in New Space Economy We are featured in an article with GeoSpatial World, where Zee talks about the role of Blockchain in the burgeoning New Space Economy, and how can it make the sector more accessible and scalable. In this interview, we highlight one of the best sustainable solutions that SpaceChain could possibly undertake is to work with numerous satellite companies to leverage our payloads and build more applications surrounding their capacities, to add value to their services. What do you think? — Of NFTs, Web 3, and Metaverse. — Did you know that SpaceChain’s satellite wallet solution can be a good way of linking virtual value to real life? Find out more in this blog. The Fate of Metaverse Games- From Sci-Fi to Real Cosmos — TECHNICAL PROGRESS - — Architecture upgrade. — This month, the multisignature wallet server is being updated, and the testing of the new version of the multi-signature wallet has been completed. The updated multisignature wallet will optimize the process of transaction confirmation for users. — Handheld device development. — The hardware of handheld device terminals has been finalized. The hardware engineers started the commissioning of the prototype equipment. At the same time, the team is working on the development of the software data transmission module for the handheld device. — ETH multisignature Demo. — Preparing the ETH multisignature Demo on the ground node. Check out our monthly report every first week of the month for SpaceChain’s latest news and progress and subscribe to our newsletter! SpaceChain May 2022 Report was originally published in SpaceChain on Medium, where people are continuing the conversation by highlighting and responding to this story.




  SPC NEWS


Velas Network Blasts off Through Partnership with SpaceChain into the Ne...

    While the space race for humanity began in the mid-1950s, blockchain technology took its first steps outside Earth in February 2018, and now Elon Musk has declared the start of the space race in early June 2021. With the recent news that SpaceX was going to carry some payload funded by Dogecoin, the latter was likely to be the first cryptocurrency to reach the Moon. Elon Musk’s SpaceX Falcon 9 rocket launched the Transporter 3 rideshare mission with several small satellites for government and industry customers on January 13th. It lifted off from Space Launch Complex 40 at Cape Canaveral Space Force Station in Florida, at 10:25 a.m. EST (1525GMT) A new space race has begun! — Elon Musk (@elonmusk) June 6, 2021 Now, Velas Network AG is joining hands with SpaceChain to tap space's potential for better security and scalability, details from a press release on January 4, 2022, reveal. According to Velas, a high throughput EVM compatible and carbon-neutral blockchain, the partnership will be a positive step to explore new markets and use cases. The deal with SpaceChain, one of the few blockchain companies extending distributed ledger technology to serve the underexplored space industry, is unprecedented and symbiotic. SpaceChain is building decentralized satellite infrastructure to make it easily accessible for the new space economy worth billions. Because of increasing private investments and new business opportunities, the Bank of America predicts the space economy to re... read More



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