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🀝 The world's first multi-signature blockchain transaction in space

🀝 The world's first multi-signature blockchain transaction in space

In a milestone achievement for the Blockchain ecosystem, the transaction advances the vision of creating a decentralized orbital constellation for fintech applications and business transactions.

Rich Spuller
Rich Spuller

In a press release issued by SpaceChain UK Limited, it has been announced that the first successful execution of a multi-signature blockchain transaction in space has occurred.

From the press release, this marks the completion of a significant milestone supported by the European Space Agency Space Solutions as a kick-start activity.

The transaction was performed by SpaceChain co-founder and CTO Jeff Garzik, and the transaction slip has been made available for public viewing.

"Executing the multisignature transaction in space encapsulates our continuous efforts in building out an open-source blockchain-based satellite network that is secure and immutable," said Jeff Garzik, SpaceChain co-founder and CTO. "SpaceChain aims to be the one-stop solutions provider for the integration of blockchain and space. As we continue to identify more use cases for blockchain-based satellite networks in space, we hope to bring blockchain to mass adoption."
Image credit: SpaceChain UK

Read the full press release on PR Newswire