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.
"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."
Read the full press release on PR Newswire