Tag Archives: Blockchain and Space

Welcome back to the third and final installment of SpaceQ’s “blockchain and space” series. In this installment we look at the some of the companies looking to bring blockchain technology to space.

Last week, we introduced SpaceQ readers to “Blockchain” technology. Blockchain uses encryption to create databases (often transaction ledgers) that have three key qualities: they’re decentralized, they’re transparent, and they’re immutable—changes cannot be rescinded and data cannot be removed.

Cryptocurrency is a controversial but intriguing topic for many people right now. Watching the rise, fall, and potential recovery of Bitcoin and the “altcoins” has certainly been engaging, but many observers may be forgiven for dismissing “crypto” as a fad.