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NASA eyes Ethereum [ETH] blockchain for Deep Space Exploration

Ketaki Dixit

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NASA eyes Ethereum [ETH] blockchain for Deep Space Exploration
Source: Wikipedia

A research project funded by NASA is planning on using Ethereum blockchain technology to improve and automate spacecraft navigation and make space communication better. 

The project will be led by Dr. Jin Wei Kocsis, who is an assistant professor of electrical and computer engineering at the University of Akron. She has received a three-year $330,000 Early Career Faculty grant from NASA to develop a ‘Resilient Networking and Computing Paradigm’ [RNCP] that uses the blockchain technology underlying smart contracts, which don’t require mediation during transactions.

The aim of this project is to create a spacecraft that can ‘think’ by itself and ‘automatically detect and dodge floating debris’. This innovation is not only a faster and more effective way of detecting debris but also reduces dependence on the scientists ‘back home’, according to Wei Kocsis. In addition to working towards making the spacecraft ‘think’, Wei hopes to develop technology that will allow the spacecraft to complete tasks automatically and collect more data. 

Wei Kocsis says:

“In this project, the Ethereum blockchain technology will be exploited to develop a decentralized, secure, and cognitive networking and computing infrastructure for deep space exploration,”

She further adds: 

“The blockchain consensus protocols will be further explored to improve the resilience of the infrastructure.”

Thomas Kacpura, the Advanced Communications Program Manager at NASA’s Glenn Research Center says that this was the first time blockchain technology would be used for space communication and navigation. He also says that if the project is successful it “would support decentralized processing among NASA space network nodes in a secure fashion, resulting in a more responsive…. resilient scalable network that can integrate current and future networks in a consistent manner.”

He further adds: 

“It is expected that the potential is high to contribute to the next generation space networks, and also allow tech transition of these algorithms for commercial systems.”

Stephen Mark, a Twitter user said: 



“The potential of blockchain technology cannot be imagined and NASA proves it.” 

Nemanja, a Twitter user said: 

“Shouldn’t they use something that has HIGH ASSURANCE of working.”

Anthony Pompliano, managing partner at Full Tilt Capital said: 

“Forget the moon, it looks like crypto is going to deep space.”





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Ketaki Dixit is a Journalism major from Jain University. She has about 1-year experience in the field and is passionate about blockchain technology and the cryptocurrency world.

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FLiK case: Utility tokens take another hit in case allegedly involving Rapper TI, claims prominent lawyer

Priya

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Source: Unsplash

Stephen Palley, a prominent lawyer at Anderson Kill, spoke out about the FLiK token case via his official Twitter handle. Notably, unlike most tokens in the space, FLiK made headlines because of its celebrity backing.

Towards the end of last year, it was reported that the US Rapper Clifford Joseph Harris Jr., who goes by the stage name T.I. and T.I.P., was sued for $5 million over the alleged failure of the token promoted by him and his partner, Ray Felton. The rapper was being sued by a group of 25 individuals who claimed that that they invested around $1.3 million in the tokens.

Additionally, there were allegations that the rapper used the raised money to increase the token’s value, following which the duo sold their holdings after the coin crashed. Other well-renowned celebrities such as Kevin Hart and Mark Cuban were also reportedly associated with this project.

On the recent developments surrounding the case, Stephen Palley stated,



“Utility tokens” take another hit in case allegedly involving rapper TI. Court says FLiK ICO tokens = securities under Howey Test, for motion to dismiss purposes. That they offered some functionality ≠ relevant given buyers’ expect of profits solely from efforts of others. 1/4″

Source: Twitter

Source: Twitter

Source: Twitter
The lawyer further stated that,”use of funds” was already determined by the defendants, “per the FLiK token whitepaper.” He went on to state that there was a time problem, adding that Federal Law rules that “unregistered sale” of security tokens were supposed to be reported within 12 months after the violation.

The lawyer concluded by tweeting,

“ps — form was never going to be exalted over substance, so none of this is a huge surprise. Also, this is a ruling on Rule 12(b)(6) motion to dismiss so the Court takes the allegations as true for purposes of ruling. The merits still have to be litigated.”





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