SpaceCoin says he has taken a new step in his quest to build a dorsal spine of decentralized communications which could one day compete with Starlink de Spacex.
The company said this week that it had successfully transmitted secure data via its first demonstration satellite, validating the capacity of the spaceship to execute encrypted orbit transactions.
The Blockchain transaction, radiated from Chile to Portugal, served as proof of concept for the displacement of cryptographic signatures and encrypted data in space.
“Can we send cryptographic signatures in the intact space? Without it, we cannot build a decentralized network of communication satellites and carry out the vision of connectivity construction without authorization,” said the founder of SpaceCoin Tae Oh in a video published on X. “It was the main mission of CTC-0, which we launched in December 2024 with SpaceX. CTC-0 has fulfilled its objective. “
The CTC-0, a small satellite built by Endurosat and launched on a Falcon 9 carpooling in December 2024, is the first of a line of prototypes that SpaceCocin plans to launch. The following three satellites, collectively called CTC-1, will be slightly larger, followed by an even larger spacecraft to increase performance.
The test arrives while Starlink continues to cement his advance in the high speed satellite space. With its vertically integrated launch activity, SpaceX has put more than 8,000 orbit satellites and has already signed millions of global customers. A handful of competitors, including Kuiper from Amazon, are also positioned against the company.
But unlike Starlink and other wide -band networks managed, the SpaceCoin approach is based on “access to Tokenized” and decentralization. The company will launch “Starmesh”, an encrypted Internet traffic network, which, according to him, “will maintain the freedom of the Internet while allowing safe navigation and access to decentralized web services”.
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Founded in 2022, Oh turned the Gluwa company, a company it has founded which provides financial services to emerging markets. The Internet infrastructure of SpaceCoin would operate on the Creditcoin blockchain, which would allow customers to pay Internet costs and make other financial transactions.
“Unlike terrestrial networks, which remain vulnerable to breakdowns, censorships and obstacles to costs, a system decentralized by satellite can provide internet access which is global, resistant to censorship and independent monopolies,” said society in a press release.
