RATE Group | Elon Musk’s SpaceX rocket sends cryptocurrency wallet to space
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Elon Musk’s SpaceX rocket sends cryptocurrency wallet to space

06 Dec Elon Musk’s SpaceX rocket sends cryptocurrency wallet to space

Posted at 18:58h in Cryptocurrency News by

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SpaceChain has sent its blockchain hardware wallet technology to the International Space Station aboard a SpaceX Falcon 9 rocket.

The technology is being deployed to the station as part of the CRS-19 commercial resupply service mission and is the first time blockchain hardware has been demonstrated on the ISS.

The blockchain wallet will be installed on Nanoracks’ commercial platform in the station and, once activated, will demonstrate the receipt, authorization and retransmission of blockchain transactions. It currently supports the Qtum blockchain and the company is adding support for Ethereum.

Zee Zheng, co-founder and CEO of SpaceChain, said: “The integration of space and blockchain technologies has uncovered new possibilities and opportunities.

“We are very excited about the prospect of working closely with financial service providers and fintech developers, IoT service providers, research institutions and space agencies in the coming months to further accelerate…

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