Blockchain and Space – How Will the Block Explorer Service Mold the Future of the Industry?
As numerous space activities are gradually scaling up while NASA proceeds towards its ambitious plans to land on the Moon and then on Mars, blockchain could play a vital role in the resurgent space industry, some experts say. “If you gaze a little bit into the future and imagine a whole supply chain based on celestial body resources, that’s easy to envision, especially if transactions are negotiated between robots,” said Brian Israel, lecturer of space and blockchain law at UC Berkeley School of Law, in a video interview reveal of its search for companies disposed to land on the Moon and collect samples by 2024, it may not be long before blockchain is involved in all this.
Some experts consider that blockchain could help future activities in space, such as supply chain security, governance, and more. “As I consider the likely trajectories of space activities and blockchain technologies and contemplate a ‘full-stack’ of space governance layers, I envision a new layer,” Israel explained, in a lecture.
