Spacecoin XYZ has launched the first blockchain network in space.
The network, called decentralized physical infrastructure network (DePIN), aims to build a foundation for off-world data centers and a future space economy.
Spacecoin plans to use a fleet of nanosatellites to create the network, known as the Celestial Chain in space and the Uncelestial network on Earth.
The team aims to provide secure and private blockchain technology beyond Earth and ensure quick finality for transactions, even during satellite downtime.