SpaceChain
Most space missions are single vendor, single purpose, and not networked to other spacecraft, resulting in an inefficient allocation of resources. To resolve this, SpaceChain is building an alliance consortium towards the creation of a Decentralized Satellite Infrastructure (DSI) ━ the world’s first open-source satellite network which is multi-vendor, multi-purpose and networked to other spacecraft.
Backing the DSI innovation is Enterprise Singapore and Innovate UK, who awarded SpaceChain and its consortium a grant under its EUREKA Globalstars-Singapore Call in December 2020 to jointly develop the DSI.
With these features, DSI is the next generation of decentralized infrastructure for the blockchain industry.
The DSI is owned and operated by multiple parties in multiple jurisdictions.
With decentralized ownership, the DSI is open for everyone’s use and cannot be shut down by any one country or government.
The DSI runs on blockchain technology, whose open-sourced nature offers an environment that ensures transparency and trust among various parties.
Via a blockchain registry, spacecraft may join or depart the constellation at any time as long as the spacecraft meets minimal economic, technical and regulatory requirements of the constellation.
Offers secure and seamless global coverage with connectivity to the space application, enabling mass adoption around the world with satellite infrastructure.
Together with its consortium partners, SpaceChain will be able to establish a decentralized satellite collaboration with long-lasting operation, access to new markets, and bring substantial growth to all parties.
DSI will break down monopolies and democratize access to space for all participating parties.
DSI brings individual companies together, lower barriers to entry, increase participation, and boost the potential for innovation in the industry.
Participation in the DSI financially benefits participants and stimulates exponential growth for space and fintech applications.
DSI allows users to develop and run a variety of applications in space such as cryptocurrency exchanges, global real-time sensor arrays, ultra-secure data storage, space VR, true peer-to-peer encrypted messages.
DSI ensures applications remain secure, immutable and decentralized through proven blockchain cryptography.
Over the next few years, DSI will take a highly iterative development path to best serve all users.
Winter 2022:
A digital DSI platform to be launched
Winter 2023:
Open-source DSI software developed
2024:
Having a blockchain ecosystem in space
2025:
Building a satellite network with blockchain
Why did we build an infrastructure such as DSI?
Over the past decade, SpaceChain has witnessed a paradigm shift in the commercialisation of space with a vast array of companies entering the space industry. It is now possible to find service providers for every stage of a space mission, from chip designers and microsatellite vendors to launch providers and ground stations services. Companies from all over the globe are now ready to service space missions.
However, the way each mission is designed and executed has not seen the same transformation. Most missions are still single vendor, single purpose, and not networked to other spacecraft, resulting in an inefficient allocation of resources. To get to the next stage of the space industry spacecraft need to have the ability to network together to create collaborative satellite constellations, but there are some technical challenges:
(I) A platform-based environment needs to be constructed with trust among various participating parties.
(II) Communication among satellites needs to follow a unified standard to enable a flexible and efficient information routing.
To resolve these issues, SpaceChain is building an alliance consortium towards the creation of a Decentralized Satellite Infrastructure (DSI) ━ the world’s first open-source blockchain-based satellite network which is multi-vendor, multi-purpose and networked to other spacecraft.
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In a broad sense, the DSI is owned and operated in Low Earth Orbit (LEO) by multiple parties in multiple jurisdictions. As such, spacecraft may join or depart the constellation at any time via a blockchain registry. They may do so as long as the spacecraft meets minimal economic, technical and regulatory requirements sufficient to ensure the long term health and resilience of the constellation.
To constantly improve the quality of the DSI, and for your organization to participate in the infrastructure, the following step are taken:
A satellite certifies that it met the minimum operational standards to be added to the network.
Once approved, it would be assigned a private key and the ability to route and allocate DSI assignments via a smart-contract based blockchain bidding environment, ensuring transparency and trust.
With DSI, participating satellites will be able to support secure information transmission between distant parties, served as relays via a new Optical Link routing protocol.
The routing protocol development focuses on how relay nodes are chosen for efficient information transmission between two distant satellites, as well as how a robust relay network could be established for the entire DSI network.
Find out how we can help ensure that your blockchain is truly decentralized and secure with our DSI.
Singapore
3 Fraser Street, DUO Tower Level 5 Singapore 189352
UK
49 Greek Street, London W1D 4EG, United Kingdom
MENA
HD 157, Level 15, WeWork Hub71, Al Khatem Tower, Abu Dhabi Global Market Square, Al Maryah Island, Abu Dhabi, United Arab Emirates
US
Washington, D.C.
