Spacechain Launches An Ethereum Node In Outer Space

Singapore-based SpaceChain is sending an Ethereum node aboard SpaceX Falcon 9 rocket.

This ethereum node will be installed at the International Space Station and will showcase the Ethereum’s capabilities as the leading smart contracts platform for enterprise business and fintech applications.

The node will also perform highly secure on-orbit Ethereum multisignature transaction services with encyrpted communication network.

“We are thrilled in bringing the Ethereum platform to space and validating why a decentralized satellite infrastructure created with space technologies is vital to realizing the full potential of blockchain applications,” said Zee Zheng, SpaceChain co-founder and CEO.

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