SpaceChain announced it has successfully launched its second Ethereum Virtual Machine (EVM) payload into space aboard a SpaceX Falcon 9 rocket, which is on its way to the International Space Station (ISS) for installation via the SpaceX Dragon 2 spacecraft. The mission marks SpaceChain’s seventh successful blockchain payload launch into space, and the second integration of its payload with Velas, the world’s fastest EVM blockchain and open-source platform for decentralized applications.
Once installed and tested on the ISS via Nanoracks, the space node will be capable of processing Velas blockchain on the ISS and sending Velas digital assets from space, such as VLX, tokens and NFTs, in addition to performing complete high-speed transaction services across the Velas platform, including smart contract deployment and coin minting.
Today’s mission not only reaffirms SpaceChain’s commitment in empowering blockchain companies to harness space as a platform for business innovation, and the high customizability of blockchain-enabled space nodes in meeting diverse industry needs, it also validates the possibility and feasibility of performing high-speed blockchain processing in space, and serves as a successful scientific demonstration of SpaceChain’s highly integrative space-as-a-service solutions with EVM compatible blockchain technology.
Continue reading… “SpaceChain Paves the Way for High-speed Blockchain Processing in Space with Seventh Payload Launch”