2020-02-19 08:45:31

European Space Agency funds blockchain project for recording satellite data

While cryptocurrencies are still a long way from mass adoption, the technology behind them i.e., blockchain, is seeing a huge rate of adoption. As per a report by Oil & Gas Middle East, the European Space Agency (ESA) has now co-funded a joint project with Scottish startup Hypervine. The goal of the partnership is to improve the transparency for the mining industry by combining satellite data and blockchain technology. Satellite data and blockchain technology The ESA is an intergovernmental organization that focuses on space exploration. Now the agency is funding a blockchain project that aims to improve the world’s mining

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