As per the latest data, the current price of SpaceChain (SPC) is $ 0.03798505.
SpaceChain is an innovative cryptocurrency project that aims to integrate space infrastructure and blockchain technology, to deliver space-based applications accessible to everyone. They strive to achieve this by developing an open-source satellite network operating in the low earth orbit (LEO). The SpaceChain operating system integrates blockchain nodes into satellites, creating decentralized infrastructure that can be accessed globally.
SpaceChain was founded by Zee Zheng and Eric Anderson. Both have extensive backgrounds in space technology and blockchain. They brought together their individual fields of expertise to create a platform that merges these two advanced technologies.
SpaceChain uses a series of low earth orbit satellites that carry blockchain nodes. These satellites communicate with several ground-based stations for transmitting and receiving data. The core technology behind SPC is their blockchain-based satellite network which creates a decentralized infrastructure that can be globally accessed. Users are able to employ this network for different applications, paying for the services using SPC tokens.
The unique aspect of SpaceChain's technology is the integration of blockchain within satellites. They are incorporating a typically earth-based technology (blockchain) into space, thus reducing dependence on ground-based systems. Additionally, the decentralized infrastructure provides enhanced security, availability, and accessibility.
SpaceChain claims to provide a secure platform as it decentralizes its infrastructure through its blockchain-based satellite network that stays in space. This significantly reduces the risk of single-point failures, as the system doesn't rely on a single base or central authority. The use of blockchain technology also ensures transparency and immutability of transactions.
There are currently 212.7M SPC tokens in circulation.
SpaceChain (SPC) tokens can be purchased on a number of exchanges, the list of which is available at Bittrex, HitBTC, UPbit. Make sure to perform your own due diligence before making any decision to purchase.
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