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“Bitcoin”
Nexus Inc. Successfully Launches Bitcoin Multisignature Wallet On YAM-2 Satellite Via SpaceX’s Reusable Falcon 9 Rocket

CAPE CANAVERAL SPACE FORCE STATION, Fla. (Nexus Inc. PR)  – In another strategic move to further aid cryptocurrency trading platforms circumvent land-based cybercrime, Nexus Inc., the world’s leading digital finance asset custodian company, has successfully launched its bitcoin multisignature wallet in space. With the recent SpaceX launch of the world’s first ethereum multisignature hardware onboard the International Space Station, and along with the recent deployment of the bitcoin multisignature node, Nexus Inc. becomes the only company and deep tech solutions provider in the world to offer both ethereum and bitcoin in-orbit transactional authentication solutions.

Nexus Inc.’s proprietary bitcoin blockchain node, already installed on the YAM-2 spacecraft, a rideshare mission operated by San Francisco-based space infrastructure provider Loft Orbital, sat onboard the SpaceX orbital-class reflight Falcon 9 rocket and jettisoned out of Cape Canaveral Space Force Station at launch site SLC-40 on Wednesday 30 June 2021 at 3:31pm Eastern Daylight Time. The YAM-2 satellite was then deployed by the SpaceX Transporter-2 launch mission 520km above earth. With the hardware payload in orbit, offline end-to-end encrypted data and security keys, stored remotely in space, are now able to complete bitcoin transactions under guaranteed ultra-secure conditions. By limiting to just 50 transactions a day, Nexus Inc.’s cryptocurrency clients are further fully insulated from would-be digital thieves as a result of its one-of-a-kind authentication protocols.

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  • Parabolic Arc
  • July 6, 2021
SpaceChain Announces New Commercial Use Cases for the Blockchain Industry in Outer Space

SpaceChain’s blockchain-enabled payload, incorporated with the space nodes of its customers, is heading to space aboard the SpaceX Falcon 9 rocket in June 2021; missions validate space-as-a-service adoption among organizations looking to address land-based infrastructure concerns that inhibit blockchain developments

SINGAPORE (SpaceChain PR) — SpaceChain today announced two launch missions slated for June 2021 which will see the successful deployment of its decentralized satellite infrastructure and  multisignature services by corporate customers, including digital asset management firm Nexus Inc., digital currency exchange Biteeu, and community project Divine.

Scheduled for June 3, 2021, the space node designed by SpaceChain will be launched into space aboard a SpaceX Falcon 9 rocket and installed at the International Space Station (ISS). This will be SpaceChain’s fourth blockchain payload launch into space, and the first demonstration of Ethereum technology integration into its hardware on ISS. The mission is made possible by Nanoracks and its Space Act agreement with NASA.

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  • Parabolic Arc
  • May 28, 2021
SpaceFund Launches the World’s First Space Security Token

SpaceFund Press Release

The world’s first space security token was announced today at the Crypto Summit, by SpaceFund Inc., a Texas based venture capital firm focused on using new blockchain technology to fund ‘frontier enabling’ space technology startups.

“SpaceFund’s goal is to support the development and profitability of amazing new space startups around the world,” said Rick Tumlinson, founding partner of SpaceFund, co-founder of several leading space initiatives, and space industry thought leader. “With Jeff Bezos, Elon Musk, and others investing billions into a space economic infrastructure, a revolution is underway in space. We want to allow more visionary people to get involved, to support the entrepreneurs opening space to humanity, and to share in the wealth it will create. This offering is both a giant leap and a first step in that direction.”

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  • Parabolic Arc
  • October 29, 2018
BitcoinLatina Foundation, CubeCab to Launch 300 Satellite Network to Support BCL Blockchain

MOUNTAIN VIEW, Calif. (BitcoinLatina PR) — Building on the promises of Bitcoin, the BitcoinLatina Foundation announced it is planning on constructing a private satellite constellation dedicated to facilitate the use of uninterrupted distributed applications across its distributed peer-to-peer computer network.  The Foundation’s launch provider, CubeCab, will use this constellation to demonstrate a very high launch rate, an achievement long known to be necessary to significantly reduce cost of access to Earth orbit.

“Latin American has many areas with poor Internet access,” said John Gotts, CEO of the BitcoinLatina Foundation.  “Internet access is usually required to make use of distributed applications on blockchains such as BitcoinLatina, so we are developing satellites and cheap, easy to use ground terminals to bypass the problem.  Previous attempts at satellite-enabled cryptocurrencies have mostly failed for want of monetization, but a network dedicated to financial transactions has several easy solutions to pay for itself.”

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  • Parabolic Arc
  • February 11, 2018
Bitcoins in Space

dsi_logoATLANTA, GA., April 23, 2014 (DSI PR) – Bitcoins took one small step towards space today with the announcement of a preliminary design contract between Jeff Garzik’s Dunvegan Space Systems and Deep Space Industries Inc. as part of a drive to develop an orbital system for the not-for-profit BitSat project. The BitSats will comprise an orbital node for the bitcoin network now on Earth with a constellation of tiny BitSats continuously broadcasting the latest bitcoin block from orbit, enhancing the resiliency of bitcoin in the event of disruptions or outages to the terrestrial bitcoin P2P mesh network.

“Private spaceflight is breaking big, driving down costs so that great ideas like BitSats are within reach of even volunteer nonprofits,” said Garzik, who is organizing a donation-supported campaign to build and fly the system. “We want to keep bitcoin healthy and free by finding alternative ways to distribute block chain data.”

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  • Parabolic Arc
  • April 24, 2014
Virgin Galactic Suddenly Very Chatty About Engine Progress

Newton engine (Credi: Virgin Galactic)

Newton engine (Credi: Virgin Galactic)

The exclusive, multi-platform partnership that Virgin Galactic has forged with NBCUniversal has begun to bear fruit over the past two months. The media giant has signed on to chronicle Sir Richard Branson’s flight aboard SpaceShipTwo and all the events leading up to it.

In November, Sir Richard Branson phoned into CNBC from his Necker Island retreat in the Caribbean to announce that Virgin Galactic would begin accepting the virtual currency Bitcoin for SpaceShipTwo reservations.

A month later, NBC News got into the act, with Science Editor Alan Boyle and a film crew trekking out to Mojave for a powered flight of SpaceShipTwo. They went away disappointed when the test was scrubbed due to a rare patch of bad weather in the High Desert.

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  • Parabolic Arc
  • January 29, 2014
Virgin Galactic Accepts Bitcoins as Payment for Space Flights

Richard Branson is hoping some of the people who became rich with the run-up in the value of Bitcoin will use their new found wealth to purchase tickets to space aboard SpaceShipTwo. In a blog post, the British Virgin Islands billionaire announced that Virgin Galactic would now accept the currency as payment. One future astronaut, a female flight attendant from Hawaii, has already purchased her Virgin Galactic ticket using bitcoins, […]

  • Parabolic Arc
  • November 22, 2013