Shooting for the stars: Boom Bust explores the future of blockchain technology in the space industry

1 min


105
15 shares, 105 points

Space exploration used to be almost entirely exclusive to governments, but private firms have also joined the race, with competition picking up in recent years.

RT’s Boom Bust talks to industry experts about the big players and what they hope to accomplish. They also discuss the future of blockchain technology in the space sector, focusing on JPMorgan’s experiment of blockchain payments between satellites orbiting Earth. 

“This test ultimately showed that blockchain technology could power payments between everyday objects autonomously,” says co-host Christy Ai, adding that “It also validated the approach towards a decentralized network where communication with the Earth is not even necessary.”

For more stories on economy & finance visit RT’s business section

RT


Like it? Share with your friends!

105
15 shares, 105 points

What's Your Reaction?

hate hate
0
hate
confused confused
0
confused
fail fail
0
fail
fun fun
0
fun
geeky geeky
0
geeky
love love
0
love
lol lol
0
lol
omg omg
0
omg
win win
0
win

0 Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.