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Home Blockchain

SpaceChain and Core Semiconductor forge IoT device pact

Gigi Onag by Gigi Onag
May 20, 2020

SpaceChain Foundation has contracted and invested in Core Semiconductor, which specialises on computing platforms for all connected devices, to produce the world’s first open-source hardware platform capable of providing a downlink to mobile phones and small devices directly from satellites in orbit, without the use of a satellite dish on Earth or a third-party network.

With security inherently built-in, the technology is designed with the blockchain industry in mind and to bring blockchain applications to a global user base.

The partnership allows for accessibility and unencumbered collaborations, and marks the beginning of a number of planned components to support decentralised space hardware and the New Space Economy.

“GPS is a low data rate protocol that has transformed the way we navigate the world and created over US$400 billion in equity value,” said Jeff Garzik, SpaceChain Foundation co-founder and CTO. “We want to do the same for emerging digital economies. Adding secure direct downlink and location capability to devices on a robust multi-layer global decentralised infrastructure will bring blockchain to mass adoption.”

SpaceChain Foundation believes in the future of open-source blockchain hardware. By combining space and blockchain technologies, the company is making the development of space applications easier and making space more accessible.

Core Semiconductor has designed the platform to be small enough to fit inside any handheld device. With a commodity price point, the platform is affordable and is easy to deploy, making it perfect for any company or hobbyist to incorporate. The technology is designed for low bitrate applications of around 1250 bytes per minute, making it ideal for verifying blockchain hashes and encrypted signatures.

“We look forward to our long-term partnership with SpaceChain as we collectively uncover new possibilities and opportunities with next-generation open-source innovations,” said Jeff Dionne, CEO, Core Semiconductor. “This milestone underscores how we can unlock the benefits of the New Space Economy.”

As the hardware platform is open-source, anyone can verify the security and correctness of the design themselves, directly on GitHub. The public is encouraged to check out the code and test it out at https://github.com/coresemi and https://github.com/coresemi/gnss-baseband.

Related:  IoT, LoRaWAN networks eyed to ease India’s water shortage
Source: YouTube
Via: YouTube
Tags: connected devicesCore SemiconductorIoT connectivityIot satellite networksSpaceChain Foundation
Gigi Onag

Gigi Onag

Gigi has more than 15 years of experience in technology journalism, covering various aspects of enterprise IT and telecommunications from both business and technology perspective. Before joining CXOCIETY as editor for FutureIoT in July 2019, she was assistant editor of ComputerWorld Hong Kong. Based in Hong Kong, she started with regional IT publications under CMP Asia (now Informa), including Asia Computer Weekly, Intelligent Enterprise Asia and Network Computing Asia and Teledotcom Asia. She had contributed articles to South China Morning Post, TechTarget and PC Market among others.

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