Blockchain technology can effectively distribute cryptographically secure digital information to generate a self-sufficient record system suitable for executing transactions, managing supply chains, and digital rights. These unique features enable data storage in a distributed and secure manner. This prolific technology could optimize a spacecraft’s ability to better facilitate communication, positioning, and timing. Additionally, it also provides space start-ups with a reinvigorated method of raising and acquiring funds. This could help in mitigating the slow and complicated processes of governmental bureaucracy and thereby encourages innovation in the space industry.
Submitted November 03, 2018 at 01:32PM
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