Aditya Hadi Pratama · · 1 min read🇸🇬 SpaceChain launches sixth blockchain payload to space
Singapore-based SpaceChain has announced the successful launch mission of its blockchain-enabled payload to space, being onboard SpaceX’s Falcon 9 rocket. The payload is integrated with a node that can support Ethereum transactions and NFT minting on the Velas Network.
Photo credit: SpaceChain
Founded by Zee Zheng in 2017, SpaceChain aims to build an open blockchain infrastructure in space. The blockchain-enabled package sent in the mission is the sixth payload that the company has launched to date.
In May last year, SpaceChain signed a memorandum of understanding with Kazakhstan-based Eurasian Space Ventures. Both companies agreed to team up on two projects: bitcoin transaction platform Biteeu and Quran audio broadcaster Divine.
Meanwhile, Velas is an Ethereum Virtual Machine blockchain platform that’s said to be the fastest in the world. Once tested and activated, the SpaceChain node will enable Velas to continue developing its platform through the on-orbit infrastructure.
See also: How NFTs are building communities online
Editing by Miguel Cordon and Lorenzo Kyle Subido
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