Blockchain for Satellites: Difference between revisions
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Eva Xiao: | |||
"In the future, Spacechain is considering a subscription-like model where developers pay for storage space on the satellite and certain functions of the operating system’s API. Creating a token economy with crypto-coins – tentatively dubbed SpaceCash – is another option, though that’s still a work in progress. Generating enough profit to cover satellite maintenance and operating costs will be daunting, but for now, it doesn’t seem to be a top concern. | "In the future, Spacechain is considering a subscription-like model where developers pay for storage space on the satellite and certain functions of the operating system’s API. Creating a token economy with crypto-coins – tentatively dubbed SpaceCash – is another option, though that’s still a work in progress. Generating enough profit to cover satellite maintenance and operating costs will be daunting, but for now, it doesn’t seem to be a top concern. | ||
Revision as of 13:35, 13 January 2018
Description
Eva Xiao:
"In the future, Spacechain is considering a subscription-like model where developers pay for storage space on the satellite and certain functions of the operating system’s API. Creating a token economy with crypto-coins – tentatively dubbed SpaceCash – is another option, though that’s still a work in progress. Generating enough profit to cover satellite maintenance and operating costs will be daunting, but for now, it doesn’t seem to be a top concern.
Spacechain is not alone in its efforts to merge blockchain and satellite technology. Blockstream, a Canadian startup backed by LinkedIn co-founder Reid Hoffman, rolled out its own system in August.
Unlike Spacechain, Blockstream is renting existing satellites, which are farther away from Earth and have more extensive coverage." (https://www.techinasia.com/spacechain-blockstream-blockchain-to-satellite)