We have a legal team to ensure full compliance. We also have team members and partners in the US, UK, UAE, Israel, Singapore and China who work with local governing bodies to ensure that we are fully compliant with local regulations.

Our project requires extensive preparation and overhead costs to get it moving. Unlike other projects, we require both software and hardware. However, SpaceChain has already launched six blockchain nodes into space in less than five years. That is considered very fast in the space industry.

We are leading the industry to explore the integration of blockchain and space technologies, so there is a lot of education that needs to be done within both industries. But, we are glad that we have made a lot of progress over the last few years as more people are starting to see the benefits of combining space and blockchain technologies.

Additionally, the space industry is very traditional and generally slow, while the blockchain industry grows very rapidly. To coordinate resources and manage expectations from both industries have been a challenge. We have been working with top institutions in the space industry and truly gained a lot of help as a startup.

We have rough timelines in place, but due to variables that we might not be able to control, such as weather and the schedules of our launch providers and partners, this timeline may shift around. Additionally, we are unable to release the launch date before the rocket launch site officially releases the news. We will let the community know once we’re cleared to announce the date.

We believe space exploration is a huge project, it needs cooperation and benign competition. We are always on the lookout for interesting partnerships, and we like to cooperate with anyone who wants to explore space initiatives. However, there are several things we consider when we explore partnerships including technical considerations and overall alignment of vision.

We do not work directly with NASA or SpaceX. For our missions, we work with Nanoracks, which is a private in-space services company that has a Space Act Agreement with NASA.

Yes, we are working toward this direction though we cannot comment on the companies we will partner with. One of the targets of the Decentralized Satellite Infrastructure project is to create a heterogeneous constellation of spacecraft, capable of performing edge computing and inter-satellite collaborations. Space mining is a huge area and a lot of effort is required on both the technical and management side. We are contributing to it by creating a trustful environment in space.

We are interested in collaborating with as many companies and projects as possible to build a larger space community and ecosystem. We are an open-source project, and the plan is never about exclusion but rather, about inclusion. We are the first organization to build a blockchain and space ecosystem. If there are other projects/companies that start following this model, we are happy to partner with them.

We are not building our own constellation. However, we wish to work with other space companies to build a constellation that will be a decentralized infrastructure, also known as the DSI.

The Decentralized Satellite Infrastructure (DSI) is a mesh network in space. A blockchain registry is used to store public keys that enable satellite encryption in the network. This provides an economic, authentication and governance layer for any satellite owner to join the network as a node. This also allows multiple different types of satellites to form a single uber constellation, enabling multiple payloads on multiple satellites with multiple owners and tenants.

The satellite industry has been single owner, single payload and single tenant for decades, and now that is changing. The DSI working group connects with launch partners, satellite manufacturing partners, and customers, and brings them all together. Users use the network by sending a request to a satellite via the blockchain enabled mesh network. Blockchain token payments are sent alongside the payload request, paying the satellite owner for their time.

Hacking is one of the biggest threats for cryptocurrency. However, it is a common misunderstanding that “bitcoin was hacked”. It is wrong. Bitcoin was operating as it was designed, and it was always the people that did not manage it well that caused the cryptocurrency to get stolen. We are using our multisignature space technology to reduce human errors, provide longer time for responses and trace funds, and also offer an alternative method to transmit data when there is a critical or a large transaction to be done.

There are still many places that do not have land infrastructure. And, blockchain in space can help as it is accessible through satellite infrastructure.

Additionally, blockchain technology is hosted on centralized servers on Earth and are vulnerable to hacking. One way to prevent this issue is to get these platforms on a decentralized network such as SpaceChain’s Decentralized Satellite Infrastructure (DSI). Blockchain technology in space will be safer from other vulnerabilities such as internet kill switches or governments that are against the technology. In addition, blockchain technology in space will prove to be a great use case for supply chains especially since there are certain places on Earth that are outside of coverage zones such as oceans, deserts and forests. These satellites will be able to track, monitor and scan these dead zones.