SpaceChain Opens UAE Office to Accelerate Space-as-a-Service Adoption in the Middle East

ABU DHABI, UAE, March 16, 2022 (SpaceChain PR) — SpaceChain today announced the opening of its UAE office in Abu Dhabi to mark its foray into the burgeoning space sector in the Middle East. Incorporated and operated under the legal entity of SpaceChain MENA Ltd, the new office is located at Hub71, Abu Dhabi’s global tech ecosystem, where the company will spearhead the planning and development of integrated space-blockchain projects and initiatives in the Middle East and North Africa (MENA) region.

The establishment of SpaceChain’s UAE office is a milestone forward in advancing SpaceChain’s decentralized satellite infrastructure (DSI) for business and fintech applications, and extending its space-as-a-service capabilities to enterprises and communities across the MENA region to create a next-generation infrastructure for the blockchain industry in outer space.

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Spire Global and SpaceChain Announce New Partnership

Industry-leading Companies Launching Mission to Demonstrate Blockchain Technology Computation Possibilities in Space

VIENNA, Va. (Spire Global PR) – Spire Global, Inc.. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics, and space services announced today a new partnership with SpaceChain, a global space-as-a-service solutions provider developing the world’s first decentralized satellite infrastructure (DSI). Together, Spire and SpaceChain are launching a mission to demonstrate the feasibility of blockchain technology computation in space and resolve land-based centralized infrastructure issues.

Many in the blockchain industry have been working to reduce points of risk whereby a centralized administrator or authority can tamper with, or in the worst case, steal funds and data. One potential solution is to decentralize access by distributing data across multiple centers, countries, and continents. By deploying a solution in space, Spire and SpaceChain aim to maximize data security and increase the resiliency of computing operations.

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Opium and UMA on launching SpaceX insurance Using UMA’s Optimistic Oracle

Opium.Finance Press Release

Summary: Opium and UMA combine their efforts and tools to show how off-chain data can be brought to Ethereum to grow the DeFi ecosystem. UMA’s Optimistic Oracle solution brings real-world data to Blockchain in a seamless, cheap and fast way. Coupled with a Decentralized insurance contract (CDS) of Opium, it shows the potential to create a theoretically limitless number of new products.

UMA was founded by ex-Goldman Sachs bonds traders, and Opium’s founder is a funds manager and derivative trader.

We’ve been saying it over and over: mass adoption is our main goal here at Opium. We relentlessly explore possibilities to make our protocol more robust and transactions faster, cheaper and more convenient to our users. After launching on BSC and Polygon (ex-Matic), we have partnered with Uma to plug in their Optimistic Oracles.

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SpaceChain and Eurasian Space Ventures Sign MOU to Spearhead Development of Joint Space Projects

ALMATY, Kazakhstan (SpaceChain/Eurasian Space Ventures PR) — SpaceChain and Eurasian Space Ventures (ESV) have signed a Memorandum of Understanding (MOU) for ongoing collaboration and developing joint projects in the field of space and blockchain technologies.

Founded by businessman and entrepreneur Shukhrat Ibragimov, ESV is a limited company registered in Kazakhstan which aims to serve as an international hub for space projects and related organizations looking to capitalize on the well-established space infrastructure and ecosystem in the country.

Under the agreement, both companies will exchange information and expertise, and cross pollinate ideas and develop joint projects in the field of space technologies over a period of two years.

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SpaceChain Announces New Commercial Use Cases for the Blockchain Industry in Outer Space

SpaceChain’s blockchain-enabled payload, incorporated with the space nodes of its customers, is heading to space aboard the SpaceX Falcon 9 rocket in June 2021; missions validate space-as-a-service adoption among organizations looking to address land-based infrastructure concerns that inhibit blockchain developments

SINGAPORE (SpaceChain PR) — SpaceChain today announced two launch missions slated for June 2021 which will see the successful deployment of its decentralized satellite infrastructure and  multisignature services by corporate customers, including digital asset management firm Nexus Inc., digital currency exchange Biteeu, and community project Divine.

Scheduled for June 3, 2021, the space node designed by SpaceChain will be launched into space aboard a SpaceX Falcon 9 rocket and installed at the International Space Station (ISS). This will be SpaceChain’s fourth blockchain payload launch into space, and the first demonstration of Ethereum technology integration into its hardware on ISS. The mission is made possible by Nanoracks and its Space Act agreement with NASA.

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Xage Partners with the U.S. Space Force to Introduce Blockchain-Protected Zero Trust Cybersecurity for Space Architecture Resiliency

PALO ALTO, Calif., Sept. 17, 2020 (Xage Security PR) — Today, Xage Security announces that they have been awarded a contract by the Air Force Research Lab, to evaluate and prepare for the delivery of end-to-end data protection across military and civilian assets to support command and control for the U.S. Space Force (USSF). Xage’s solution enables the USSF to enforce verification for any system access, efficiently protect resources even when out of contact, and ensure data can be trusted and protected from source until delivery to the operational units.

The U.S. Space Force was designed to protect space – the highest ground of any battlefield – by developing military space professionals, acquiring military space systems, maturing the military doctrine for space power, and organizing space forces. Space systems employ a variety of services, both commercial and defense, that rely on connectivity, positioning, wide area geographical sensing, and secure, precise data.

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SpaceChain Executes First Multisignature Blockchain Transaction in Space with GomSpace Hardware

HARWELL, United Kingdom, Aug. 18, 2020 (SpaceChain PR) — SpaceChain UK Limited (SpaceChain) today announced the successful execution of the first multisignature blockchain transaction in space, marking the completion of a significant milestone supported by the European Space Agency (ESA) Space Solutions as a Kick-start Activity. The transaction was performed by SpaceChain co-founder and CTO Jeff Garzik. The  transaction slip has been made available for public viewing.

In December 2019, SpaceChain launched a testbed for blockchain multisignature authentication service to the International Space Station (ISS) aboard a SpaceX Falcon 9 rocket via Nanoracks.

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Loft Orbital Awards Contract to Exolaunch to Launch YAM-3 Microsat on Falcon 9

BERLIN, June 10th, 2020 (Exolaunch PR) – Exolaunch, the leading rideshare launch and deployment solutions provider, has announced a Launch Services Agreement with Loft Orbital, a San Francisco-based company, to deliver Loft Orbital’s YAM microsatellite into sun-synchronous orbit on Falcon 9.

Under the contract, Exolaunch will deliver mission management, deployment and integration services to Loft Orbital, who operates microsatellites and flies customers’ payloads as a service. The launch is targeted for December 2020 and is part of SpaceX’s SmallSat Rideshare Program.

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Planetary Resources Pivots From Mining Asteroids to Open Source Satellite Tracking

Formed in 2010 to mine asteroids so its founders could become the world’s first trillionaires, Planetary Resources has now pivoted to developing “TruSat, an open source, open-sensor system for creating a globally-accessible, independent record of satellite orbital positions.”

The company, now known as ConsenSys Space after it was acquired last year by a blockchain software technology startup, made the announcement on Tuesday at the International Astronautical Congress in Washington, DC.

A message from ConsenSys Space’s Chris Lewicki follows.

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SpaceChain Completes the First Qtum Transaction in Space

SINGAPORE (SpaceChain PR)SpaceChain, a community-based space platform, announces the successful test of its second blockchain node in space, launched into orbit on October 25, 2018, by a CZ-4B Y34 rocket from Taiyuan Satellite Launch Centre, Xinzhou, China.The node is embedded with SpaceChain’s smart operating system, SpaceChain OS, and can perform blockchain-related functions on the Qtum blockchain such as running smart contracts and multi-signature transactions.

Since the launch on October 25, the team has run a number of connectivity tests to ensure the node’s full operational capability. During these tests, the node’s signal was detected and transaction data has been uploaded to the node to complete the signature and then downloaded via the ground station, finally verified on the blockchain network. The transaction verification information can be found here.

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Planetary Resources’ New Owner Seems a Bit Flaky

Forbes takes a critical look at cryptocurrency/block chain guru Joe Lubin, whose ConsenSys company purchased asteroid mining company Planetary Resources. (Although given the headline, critical seems polite: Cryptopia In Crisis: Joe Lubin’s Ethereum Experiment Is A Mess. How Long Will He Prop It Up?)

So, how does asteroid mining fit into Lubin’s master plan?

Lubin insists ConsenSys is getting more selective in picking projects. But old habits die hard. In October it bought a nine-year-old asteroid-mining company called Planetary Resources. “We see it as a group of amazingly capable people who are interested in exploring how blockchain could ramify on space operations,” Lubin says abstrusely.

Ramify? Huh…

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Luxembourg Lost $13.7 Million on Planetary Resources Investment

Luxembourg Economy Minister Etienne Schneider has disclosed to Parliament that the nation lost €12 million ($13.7 million) investing in the asteroid mining company Planetary Resources, the Luxembourg Times reports.

In October, Luxembourg sold its stake in the company, which was acquired by the block chain management firm ConsenSYS.

The SNCI set up the SAAM Luxembourg, a company created with €13.75 million [$15.7 million], of which €12 million [$13.7 million] was directly invested in Planetary Resources for the 10% stake in its shares.

“This decision to sell results, among other things, from an analysis of the particular American legal context and prudent management which intends to limit the potential exposures of SAAM Luxembourg, or even of SNCI as sole shareholder of SAAM Luxembourg,” Schneider explained.

“The realised capital loss corresponds roughly to the value adjustment (of 100% of the sums invested in Planetary Resources) in the accounts in SAAM Luxembourg’s 2017 annual results,” he added.











Luxembourg Pivots Right Out of Planetary Resources’ Investment


The government of Luxembourg’s investment in asteroid miner turned block chainer Planetary Resources is over, the Luxembourg Times reports.

The Luxembourg government sold its 10% stake in US space firm Planetary Resources ahead of its takeover by blockchain venture ConsenSys.

ConsenSys announced on Wednesday it had acquired Planetary Resources through an asset-purchase transaction.

The Luxembourg government first took a stake in the company in 2016, when the Economy Ministry signed a memorandum of understanding and agreed to invest €25 million. 

The Luxembourg government has also invested in Planetary Resources’ rival, Deep Space Industries.











Planetary Resources Pivots Again: From Asteroid Mining to Block Chain

NEW YORK (ConsenSys PR) — Blockchain venture production studio ConsenSys, Inc. has acquired the pioneering space company Planetary Resources, Inc. through an asset-purchase transaction. Planetary Resources’ President & CEO Chris Lewicki and General Counsel Brian Israel have joined ConsenSys in connection with the acquisition.
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