European Space Agency Awards €60K for Blockchain Satellite Wallet

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The European Space Agency (ESA) has awarded a 60,000 euro ($66,400) grant for blockchain startup SpaceChain to commercially develop its satellite-powered, multi-sig wallet.

According to an announcement published on Sept. 18, the new grant comes via ESA’s “kick-start activities” fund. SpaceChain’s project, if successful, also stands poised to secure additional funding in the future from ESA's Business Applications and Space Solutions.

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