Press Releases
 
Qtum & SpaceChain ICO: Racing To The Final Frontier Of Space 2019 - Digit All

Qtum & Spacechain are taking the quantum leap for the final frontier of space with the first decentralized satellites using Blockchain OS Nodes and Proof of Stake algorithms.



United States

, 8 May 2019
--

Qtum & SpaceChain ICO: Racing To The Final Frontier Of Space 2019 - Digit All



The SpaceChain Foundation is a project that was established in 2017 to develop solutions that would help humankind thrive in the advent of the New Age of Space Technology. The new Spacechain project leverages blockchain technology to promote the idea of decentralized services which is aimed at fostering international collaborations with the broader global community. By establishing blockchain nodes into space, experts hope that it will give access to an open-economic model which promotes new projects. SpaceChain gives full distribution access which was previously hard to come by because it was under the control of a third party Spacechain.com. To watch the full LIVE stream review by the Digit All Crypto panel please visit: https://www.youtube.com/watch?v=CCm_qPCzdfw&list=PL3SIWaA8zlblMaZNmWmgKBEkoW2b3esKC&index=17 Traditionally, satellites in space had single owners and were meant to perform a specific function, but the introduction of SpaceChain technology is seen as a game changer because it will allow access to multiple users. The Perfect Solution However, one of the challenges that SpaceChain faces and might prevent it from realizing its objectives is the fact that it utilizes a lot of hardware, which consumes a lot of energy, which can be quite expensive to install and maintain (Spacechain.com). To overcome this challenge, SpaceChain has opted to work with Qtum and this paper purposes to analyze this relationship to explore its potential benefits. The main reason why SpaceChain chose to work with Qtum is the fact that it is considered to have a very good Proof of Stake (PoS), a smart contract platform with a very low energy consumption rate, especially when compared to the common Proof of Work (PoW) algo, which tends to burns a lot of energy. Moreover, Patrick Dai (Qtum founder) continues to argue other than its low energy consumption rate; PoS offers a stable and secure platform which makes an ideal option. According to Miguel Palencia, the CIO of Qtum, previously it was a complex and intensive process to launch a node, but Qtum offers a more accessible technology that makes it easier and faster to launch these nodes. Based on these factors, it is quite understandable why SpaceChain chose to partner with Qtum because not only will this partnership help result in energy consumption costs, but it will also make it easier and more efficient to launch blockchain nodes. To see the full LIVE review on Qtum, please visit: https://www.youtube.com/watch?v=a68YKQsP2qU&list=PL3SIWaA8zlblMaZNmWmgKBEkoW2b3esKC&index=16 An accomplishment that both SpaceChain and Qtum must be commended for is the SpaceChain OS. SpaceChain OS is developed on QTUM’s application programming interface which provides the primary blockchain application sandbox (Spacechain.com). With these measures in place, developers find a platform where they can build and publish all their applications using the SpaceChain satellite. The development process is simplified by applying software development kits for the SpaceChain operating system. This is possible because of it offers a conducive development environment that has similar functionalities to JavaScript (Spacechain.com). As such, this partnership is ideal and serves to benefit both parties. To get more familiar with the Digit Alls’ eclectic panel of correspondents you are invited to their Weekly LIVE broadcast for all of the latest Educational Crypto News, Fintech updates, and ICO reviews. To learn more about the Digit All Crypto News panel, Please visit: https://marketersmedia.com/bitcoin-crypto-news-channel-reveals-fintech-blockchain-weekly-live-broadcast-19/491028



# # #


Disclaimer:

https://www.youtube.com/channel/UCI7WCmCtcxDpotojvlcMthw



Submitted by prcagency, Press Dev on Wednesday, 8 May 2019 at 5:05 AM
Category: Enterprise Technology
 
Related News

Suprema biometrics integrated with Nedap's AEOS access control
Tuesday, 18 Jun 2019

Suprema biometrics integrated with Nedap's AEOS access control
Tuesday, 18 Jun 2019

Suprema to demonstrate latest facial recognition technology and cloud-based mobile solution at IFSEC
Tuesday, 18 Jun 2019

WiMi AR Hologram and MEGVII AI-enabled Facial Recognition fire innovation in Banking Industry
Tuesday, 18 Jun 2019

Basis Bay sponsors MDBC’s Innovation & Sustainability Awards 2018
Monday, 17 Jun 2019

Related Events

Security Week 2019
Monday, 17 Jun 2019

Palo Alto Networks: Security Simplified - Enterprise Security Series
Tuesday, 18 Jun 2019

Palo Alto Networks: Speed of Cloud
Wednesday, 19 Jun 2019

Palo Alto Networks: AMPLIFY THE IMPACT OF EVERY SECURITY ANALYST
Wednesday, 19 Jun 2019

Palo Alto Networks: The Most Advanced Protection for the Cloud
Wednesday, 19 Jun 2019

Latest News

Dr. Michael Rothman, New Jersey’s leading holistic physician, reveals the real secret to looki
Wednesday, 19 Jun 2019

Pediatric Perfusion Market to Experience Significant Growth during the Forecast Period 2019-2027
Wednesday, 19 Jun 2019

Orthopedic Consumables Market Outlook, Sales, Revenue, Industry Players
Wednesday, 19 Jun 2019

Regenerative Artificial Skin Market Size, Growth, Trends and 2027 Forecast Report
Wednesday, 19 Jun 2019

Balloon Kyphoplasty Devices Market To Register Healthy Expansion in Upcoming Years
Tuesday, 18 Jun 2019

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Wednesday, 19 June 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Radiology at Gleneagles, Scotland
  • 25th Annual Update and Intensive Review of Internal Medicine, New York 2019
  • Digital Growth Unleashed Las Vegas 2019
  • Marketing Analytics Summit Las Vegas 2019
  • 14th IFSSH and 11th IFSHT Triennial Congress 2019

  • Latest Jobs
    Sorry, there are currently no entries posted here.