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Homepage/Altcoin News/EOS Blockchain Wins Important Deal With Spacebit
ALTCOIN NEWS

EOS Blockchain Wins Important Deal With Spacebit

BY Aborisade G.·2 MIN READ·OCTOBER 16, 2018

Spacebit, a space block chain program is only launched by astronauts, consultants, rocket scientists and contractors, has just negotiated an agreement with the blockchain EOS. The goal of the project is to create a democratized access to outer space through the symbolization of space missions across the Earth and throughout the galaxy. The company aims to revolutionize the future of space exploration by promoting innovative business models and space missions led by the public. This will allow public and private enterprises to reform and create a new space economy.

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Spacebit is interested in EOSIO

During the International Astronautical Congress that took place not long ago, a system of land-based programming stations, Decentralized LinkX, said he had started testing in EOSIO beta. The LinkX project was developed by Spacebit in collaboration with Goonhilly. It should be published in a few months. You want to be part of Orbit: Linx.

By partnering with EOS, the platform aims to develop a more efficient system of communication between space and earth through intelligent and decentralized contract technology. This technology is designed to pave the way for new opportunities, reduce barriers to market entry and enhance dialogue between government, industry, commerce and the financial industries.

LinkX aims to optimize the process of data transfer between space and earth by generating a service made actually earth stations capable of analyzing, organizing and signaling inactive and active time across a programming platform. Customers can optimize their schedules according to their preferences. This will help reduce downtime, avoid bottlenecks, duplicate reservations and enable automation within and without the need for major hardware upgrades.

The founder of Spacebit, Pavlo Tanasyuk, at the announcement, he said:

“Orbit: Linx set a record as the first platform for space communications made that leverages the power of blockchain technology, it was created as a container-based product from scratch, and we decided to use the EOS blockchain Because of its scalability and flexibility. we believe it has the potential to be the first blockchain architecture in the industry, and we intend to democratize space communications to make them more accessible. ”

An automated system allows more efficient communication of space to the earth is especially the necessary love at this time, with thousands of existing active satellites and thousands more to be launched over the next 10 years. There is also the problem of the availability of ideal terrestrial stations and limited applications on Earth. Orbit: Linx represents the future of space-to-Earth communication and the EOS blockchain wants to secure this future.

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