Rocket with Qtum blockchain node successfully launched from spaceport

Chinese space satellite with a blockchain node made by Qtum has been launched a few days ago with the help of the company called Spacechain, which researches satellite data exchange networks.

According to the press release of Jiuquan, a Chinese spaceport from which the launch has been commenced, the same rocket had a microsatellite created by the local students together with special precision navigation satellites. The launch is described as fully successful.

We have lift off of the first ever space-based blockchain node https://t.co/72wWxjuTz4 #decentralized pic.twitter.com/E779bbmhc9

— QtumOfficial (@QtumOfficial) February 2, 2018

Bitnewstoday has already described another space blockchain project based on Ethereum. The difference between that project and this endeavor is in the fact that NASA uses the modified Ethereum blockchain to achieve the goals of aerospace engineers and navigators, and here it’s rather contrariwise - aerospace engineers and navigators helped Qtum to fulfill the voiced intention.

Qtum’s blockchain is connected with the wide use of smart contracts and IoT - Internet of Things. As explained by the media, while Qtum uses Dapps or decentralized apps, its structure is not based on Ethereum. The fact that the blockchain of Ethereum is one of the Dapps technology pioneers often leads to direct association of Dapps with Ethereum.