Bitcoin Nanosatellites Could Orbit Earth in 2016
An ambitious plan to launch bitcoin-enabled microsatellites has taken a step forward with a new business deal.
U.K.-based SpaceChain beat 13 other national applicants to secure the funding.
Villanova’s project is slated for liftoff on Nov. 20 from the Vandenberg Air Force Base in California.
The experiment was to trial payments for the internet of things in a "fully decentralized way," said Umar Farooq.
Bitcoin is flying (super) high thanks to SpaceChain's new space-based wallet.
Blockchain startup SpaceChain won a 60K euro grant from the European Space Agency to investigate use-cases for their satellite-based wallet system.