Cloud Constellation, a company offering satellite-based data storage, has secured a deal with SolarCoin Foundation: a Blockchain currency that rewards solar power generators.
The data storage centre Spacebelt is pending a patent. Its orbital location will provide “a transformative ultra-high degree of network security”, Cloud Constellation claims.
This security is what attracts SolarCoin Foundation, which awards coins for each megawatt-hour of electricity generated, from a treasury of 5 billion. Its transactions will be the first sent to and from space.