SpaceChain Foundation Invests In Core Semiconductor To Bring Out Open Hardware Platform For Direct Satellite-to-Devices Communication

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  • The technology is designed with the blockchain industry in mind and to bring blockchain applications to a global user base
  • It can be used for low bitrate applications of around 1250 bytes per minute which makes it suitable for verifying blockchain hashes and encrypted signatures

SpaceChain Foundation has announced that it has contracted and invested in Core Semiconductor to produce the world’s first open-source hardware platform, which will be able to provide a downlink to mobile phones and small devices directly from satellites in orbit. It will be done without the use of a satellite dish on Earth or a third-party network. It said with the security inherently built-in, the technology is designed with the blockchain industry in mind and to bring blockchain applications to a global user base.

Jeff Garzik, SpaceChain Foundation co-founder and CTO said, “GPS is a low data rate protocol that has transformed the way we navigate the world and created over US$400 billion in equity value. We want to do the same for emerging digital economies. Adding secure direct downlink and location capability to devices on a robust multi-layer global decentralised infrastructure will bring blockchain to mass adoption.”

1250 bytes per minute

Core Semiconductor said that it has designed the platform to be small enough to fit inside any handheld device. It also said that the platform is affordable and is easy to deploy. The technology has been designed for low bitrate applications of around 1250 bytes per minute which makes it suitable for verifying blockchain hashes and encrypted signatures. Anyone can verify the security and correctness of the design themselves, directly on GitHub as the hardware is open source.

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