Since beating the world to the moon in 1969, NASA has been at the forefront of innovation. While they are currently grappling with private space companies like SpaceX and Blue Origin, the government-funded space agency has an idea that could give them an advantage. Currently, the agency is looking at Ethereum and their blockchain technology for research purposes. Will this help them defeat everyone to Mars?
GET NASA AND BLOCKCHAIN TECHNOLOGY TO MARS?
Years ago, blockchain technology was something only crypto geeks and criminals knew about. Now it seems like every day more people are beginning to understand the movement. NASA is helping to speed up that process by looking at Ethereum’s blockchain technology. In partnership with the University of Akron, the agency will use this technology to enable convenient and enhanced communications related to space navigation. With a race to Mars in full swing, this could be beneficial.
ETHEREUM WANT TO JOIN NASA’S MARS RACE WITH BLOCKCHAIN TECHNOLOGY
This new development isn’t just something NASA benefits from. It could benefit the entire world and Ethereum is well aware of that. Professor Jin Kocsis of the University of Akron said the project aims to create a safe, decentralized and low-cost method of space exploration. In addition, this would improve the way spacecraft technology works when it comes to communications and navigation. She also added that the team will work on further testing Ethereum’s blockchain technology to find even more solutions for the project.
NASA, MARS AND BLOCKCHAIN TECHNOLOGY OPEN DOORS FOR START-UPS
The aforementioned news is great for the wonders of space exploration, but it also has many terrestrial applications. When blockchain-based applications are linked to organizations in the ‘real world’, it opens the doors for all kinds of promising startups in the world. Last year, whistleblowers tarnished the names of many ICOs over a series of fraudulent scam attacks. However, these whistleblowers also made it harder for honest platforms like IOTA, YouToken, Tron. The more mainstream success crypto and blockchain have, the more this benefits good projects. Space exploration is just the beginning of this new advancement.