Goonhilly and Spacebit parpace to accelerate commercial space exploration through blockchain technology

Goonhilly Earth Station, the UK satellite communications innovator and space gateway, has announced that it is collaborating with space blockchain technology pioneers, Spacebit, to develop the use of blockchain technology for space-based data applications and mission deployment. Blockchain technology has the potential to introduce new techniques to accelerate space exploration by creating an ecosystem that fosters access to space data. The partnership is seeking to lower the barrier to entry to access to space communication and application networks.

The Goonhilly-Spacebit collaboration will result in applications utilising tokenised ground station and spacecraft data, blockchain-based data management, new communications protocols for security and the Internet of Things (IoT), as well as advanced data provenance systems using distributed ledger technology (DLT).

Blockchain technology will allow Goonhilly to create new business models using a decentralised data management system for communicating between spacecraft and ground stations. The creation, management and easy access to data, whilst maintaining security and a historical record of each data transfer, will accelerate the development of commercial space activities.

Blockchain-based systems allow data to be distributed, or decentralised, while maintaining highly accurate records of movement, thereby removing the possibility of data tampering. Whether it is used to automate complex sequencing of data in support of spacecraft launches, solving GPS issues or creating systems for inter-space and earth-to-space communication, blockchain creates the founding principles upon which solutions can be built and accessed at a lower cost by private and public organisations or individuals.

Ian Jones, CEO of Goonhilly Earth Station said, "Exploring the new commercial opportunities in space requires new ways of thinking. Many of the underlying techniques used in blockchain technology have strong parallels in existing secure communication technology. We look forward to working with Spacebit to discover innovative use cases and business models for blockchain-enabled space communications and showing how these might be applied."

Founder of Spacebit, Pavlo Tanasyuk, said: "Goonhilly shares our passion for exploration, and a disruptive, entrepreneurial approach to business. Today's partnership is targeted at driving forward new economic models around space communication. We firmly believe space exploration should be available to everyone; blockchain lies at the heart of that ambition and will galvanise the new space economy by laying the building blocks for the automation of space communications and democratising access to space data and satellite communications."

Related Links
Goonhilly
Space Tourism, Space Transport and Space Exploration News

Tweet

Thanks for being there;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Monthly Supporter
$5+ Billed Monthly

paypal only

SpaceDaily Contributor
$5 Billed Once

credit card or paypal

Flight Tests to Prove Commercial Systems Fit for Human Spaceflight
Kennedy Space Center FL (SPX) Aug 03, 2018
The first test flights for new spacecraft designed by commercial companies in collaboration with NASA to carry astronauts to and from the International Space Station from the United States are known as Demo-1 for SpaceX and Orbital Flight Test for Boeing. NASA's goal in collaborating with Boeing and SpaceX is to achieve safe, reliable and cost-effective transportation to and from station on the companies' spacecraft. Both companies have matured their designs, are making significant progress throug ... read more