SpaceChain Foundation Invests in Core Semiconductor to Produce Open Hardware Platform for Direct Satellite-to-Devices Communication
PR84079
SINGAPORE, May 19, 2020 /PRNewswire=KYODO JBN/ --
Initiative furthers SpaceChain Foundation's decentralised network
infrastructure vision and uncovers new possibilities for Internet of Things
(IoT) applications
SpaceChain Foundation(http://www.spacechain.com/) today announced it has
contracted and invested in Core
Semiconductor(https://www.coresemi.io/Live-Site), an innovator in provably
secure computing platforms for all connected devices, to produce the world's
first open-source hardware platform capable of providing a downlink to mobile
phones and small devices directly from satellites in orbit, without the use of
a satellite dish on Earth or a third-party network.
With security inherently built-in, the technology is designed with the
blockchain industry in mind and to bring blockchain applications to a global
user base.
Core Semiconductor has designed the platform to be small enough to fit inside
any handheld device. With a commodity price point, the platform is affordable
and is easy to deploy, making it perfect for any company or hobbyist to
incorporate. The technology is designed for low bitrate applications of around
1250 bytes per minute, making it ideal for verifying blockchain hashes and
encrypted signatures.
"GPS is a low datarate protocol that has transformed the way we navigate the
world and created over US$400 billion in equity value," said Jeff Garzik,
SpaceChain Foundation co-founder and CTO. "We want to do the same for emerging
digital economies. Adding secure direct downlink and location capability to
devices on a robust multi-layer global decentralised infrastructure will bring
blockchain to mass adoption."
As the hardware platform is open-source, anyone can verify the security and
correctness of the design themselves, directly on GitHub. The public is
encouraged to check out the code and test it out at https://github.com/coresemi
and https://github.com/coresemi/gnss-baseband.
"We look forward to our long-term partnership with SpaceChain as we
collectively uncover new possibilities and opportunities with next-generation
open-source innovations," said Jeff Dionne, CEO, Core Semiconductor. "This
milestone underscores how we can unlock the benefits of the New Space Economy."
SpaceChain Foundation believes in the future of open-source blockchain hardware
and is an investor in Core Semiconductor. This partnership allows for
accessibility and unencumbered collaborations, and marks the beginning of a
number of planned components to support decentralised space hardware and the
New Space Economy.
About SpaceChain Foundation
SpaceChain Foundation fosters decentralized infrastructure for the New Space
Economy. By combining space and blockchain technologies SpaceChain Foundation
is making the development of space applications easier and making space more
accessible. For more information, visit www.spacechain.com.
About Core Semiconductor
Core Semiconductor is a fabless semiconductor manufacturer aiming to provide
the world's first provably secure open computing platform for all connected
devices, creating an end-to-end solution with hardware enforced security. Core
Semiconductor is dedicated to democratizing access to secure device
technologies. We envision a future in which trust and security is guaranteed in
every interaction with the digital world, protecting our fundamental rights to
privacy and freedom of communication and thought. For more information, visit
www.coresemi.io.
SOURCE: SpaceChain Foundation
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