Spacecoin XYZ unveils plans for first-ever blockchain network in outer space

Spacecoin XYZ has unveiled its plan to launch a decentralized physical infrastructure network in outer space, which it believes will be the foundation for off-world data centers and the space economy. 

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Spacecoin XYZ — a crypto satellite startup — has proposed a new method for launching an extra-terrestrial blockchain network that could enable a future “space economy” and even outlast humanity in the event of an apocalypse.

In its Nov. 1 Blue Paper, Spacecoin outlines a new way to launch a decentralized physical infrastructure network (DePIN) using a fleet of nanosatellites in outer space — something its co-founder Daniel Bar told Cointelegraph will lay the groundwork for the “native space economy” of the future. 

Spacecoin proposes launching a decentralized blockchain network in outer space. Source: Spacecoin XYZ 

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