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In an exciting development for the cryptocurrency and blockchain space, Hedera Hashgraph (HBAR) is poised for a major launch on January 14, 2025, through Elon Musk’s SpaceX. This milestone, reported by X user Erik & Gizzy, promises to mark a pivotal moment in space-based blockchain innovation. According to the report, this event is not only a significant achievement for Hedera but also ties in with the launch of SEALCOIN, a new Hashgraph-based system created by WISeKey’s subsidiary, WiseSat, and SEALSQ.
The SEALCOIN platform is designed to integrate physical security infrastructure with decentralized ledger technology (DLT), aiming to bridge traditional secure systems with the emerging decentralized digital world. The system is expected to address issues like bottlenecks and vulnerabilities commonly seen in centralized transaction models. With SEALCOIN, autonomous Internet of Things (IoT) devices will be able to interact, execute, and settle transactions securely and autonomously, without relying on human intervention or centralized intermediaries.
The SEALCOIN Proof of Concept (PoC) will also leverage satellite technology to facilitate Machine-to-Machine (M2M) transactions from space. Carlos Moreira, CEO of WISeKey, explained that this groundbreaking step brings the vision of a decentralized, space-powered IoT network closer to reality. SEALCOIN’s TIOT token is at the heart of this innovation, enabling IoT devices to negotiate and execute transactions in a fully autonomous and secure environment.
The launch of new-generation WISeSat satellites, scheduled for January 2025, will further propel this vision. These satellites will not only facilitate secure satellite communication but also play a crucial role in tokenizing resources from asteroid mining, managing space traffic, and supporting smart contracts for autonomous spacecraft.
This upcoming launch of SEALCOIN and Hedera Hashgraph via SpaceX is poised to revolutionize the way we think about blockchain and decentralized systems, especially in space applications. With the combination of space infrastructure and blockchain technology, the future of autonomous, secure transactions across interconnected ecosystems is within reach.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
With a keen eye on the latest trends and developments in the crypto space, I’m dedicated to providing readers with unbiased and insightful coverage of the market. My goal is to help people understand the nuances of cryptocurrencies and make sound investment decisions. I believe that crypto has the potential to revolutionize the way we think about money and finance, and I’m excited to be a part of this unfolding story.
