NASA is an unusual figure in the crypto community. However, the agency encourages innovations. So it has granted $330,000 to support a research group that uses Ethereum-based smart contracts.
Dr Jin Wei Kocsis, the head of the research, thinks that Ethereum should be used not for making expensive online pets or fintech apps but for programming spacecrafts.
Blockchain in space
Dr Kocsis told the journalists that his team plans to use the Ethereum software for making a decentralized infrastructure which will be used in deep space research.
NASA and blockchain
NASA, reportedly, may use Ethereum dApps to eliminate the lag time that prevents instant communication between the earth and the spaceship.
The head of the study, Dr. Kocsis seems to have chosen blockchain because it provides stability, and during a space mission even a slightest mishap may cause a catastrophe, so the new technology could be quite useful here.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.