Chris Canfield, a Canadian astronaut and former Commander of the International Space Station, pointed out the next frontier of blockchain technology as space, and said it would be due to the nature of the technology.
Speaking to Forkast, Hadfield said that the new space struggle is on the horizon and the private sector of SpaceX and Blue Origin has also participated in this race between the USA, Russia, India and China:
"If you look at China's space program, or if you see that the US, India, Russia… is a complex problem that needs to be solved. There are thousands of moving parts. With a single mistake, people can die or lose billions of dollars."
Hadfield stated that Blockchain technology is a great system where many important tasks can be set up, from vehicle assembly to moving, launching rockets, checking the accuracy of system data.
Orbital blockchain satellites
Beyond sending vehicles into space, Blockchain is also an existing technology for using in space. Companies like Blockstream, SpaceChain, and Consensys Space are sending nano-satellite Blockchain nodes into orbit. In 2018, SpaceChain tried to make a transaction between a station on the ground and a node in orbit and succeeded.
Hadfiel made the following comment in his assessment of the subject:
“People are now beginning to understand that a node structure designed as an orbit-specific Blockchain asset can be created. This is something. The security and globalization of blockchain is used here only using geometry and isolation. Blockchain is an external reflection of reduced cost and increased reliability of access. Now people have understood that it can be placed and orbited in orbit anywhere in the world. "
Moving Blockchain to the Moon
An important speaker at the upcoming Asian Blockchain Summit, Hadfield believes that the blockchain infrastructure will be an important place to extract resources from the Moon, and trillions of dollars will come from there to the world:
“In terms of economies, people and jobs in the world, we will find something very valuable or market value per month. We should think about them for the future. We must prepare the infrastructure of this plan. I can say that forward thinking computer technology is an "extremely important market" for this situation. This is very important for Blockchain. Nobody knows where we're going right now, but they don't know the opportunities to offer us where we're going. "
