Delaware, USA, December 5, 2024 — Spacecoin has introduced the upcoming launch of its first satellite tv for pc, CTC-0, scheduled for December 21, 2024. The satellite tv for pc, set to launch aboard SpaceX’s Falcon 9 rocket from Vanderberg House Drive Base, marks the preliminary part of Spacecoin’s formidable mission to create a decentralized space-based web service supplier.
The initiative goals to deal with the digital divide, the place roughly 37% of the worldwide inhabitants lacks web connectivity. By leveraging blockchain and satellite tv for pc applied sciences, Spacecoin seeks to ship reasonably priced, direct-to-mobile web entry to underserved areas worldwide, particularly in rising markets.
Bridging the Digital Divide
Spacecoin Founder Tae Oh emphasised the transformative potential of common web entry. “The Web is among the most vital trendy innovations, but billions stay disconnected. This launch is step one towards common entry,” Oh mentioned.
The CTC-0 satellite tv for pc will function the muse of a decentralized community powered by the Spacechain protocol, making certain person management and resisting censorship by centralized authorities or governments.
Key Options of Spacecoin’s Strategy
Spacecoin’s infrastructure incorporates a number of progressive options:
Direct-to-Cell Connectivity: Utilizing 5G non-terrestrial community (NTN) expertise, the system eliminates the necessity for ground-based infrastructure reminiscent of fiber-optic cables or cell towers.Blockchain Integration: The decentralized Spacechain protocol ensures the community stays user-controlled and proof against exterior manipulation.Value-Effectiveness: With streamlined operational prices, Spacecoin tasks month-to-month web prices as little as $1-2 per person in rising markets.Compatibility: The community adheres to 3GPP requirements, permitting seamless use with present 5G NTN-compatible gadgets, together with these from main producers like Apple and Samsung.Open-Supply Innovation: By open-sourcing its expertise stack, Spacecoin encourages collaboration and additional innovation in satellite-based web infrastructure.
Stuart Gardner, CEO of Spacecoin, highlighted the strategic advantages of satellite tv for pc expertise in addressing connectivity challenges. “Satellite tv for pc-based web infrastructure can simply attain distant areas the place floor methods fall quick. By leveraging Low Earth Orbit satellites and blockchain, we purpose to ship dependable, reasonably priced web entry globally,” Gardner mentioned.
A Decentralized Imaginative and prescient for the Future
The satellite tv for pc will function as a part of Spacecoin’s Decentralized Bodily Infrastructure Community (DePIN), a venture that integrates blockchain with satellite tv for pc communication. The community makes use of Creditcoin’s Layer 1 infrastructure to handle governance, funds, and useful resource allocation.
Spacecoin’s long-term imaginative and prescient contains making a scalable satellite-based community able to supporting billions of customers, making certain reasonably priced web entry stays a actuality for underserved communities worldwide.
About Spacecoin
Spacecoin is the world’s first DePIN venture to leverage blockchain and Low Earth Orbit satellites for decentralized web providers. Targeted on delivering reasonably priced, high-speed web to underserved areas, Spacecoin combines cutting-edge satellite tv for pc expertise with blockchain innovation to create a resilient, censorship-resistant community.
