California Space Center is aiming for the stars with the launch of Copernic, a blockchain-based, finance-focused rights management system developed for the space industry.
CoinReport article by Tabish Faraz tells us that CSC shared with them a press announcement about the blockchain system for space economy.
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Amidst all the usual buzzwords about up and booming space industry and expected mentions of Tesla and SpaceX, the article tells us that nobody is yet committed themselves to provide for the transaction and assets mechanism for these big players. CSC will be the first, apparently.
I frankly don't know if we really need yet another blockchain to cover this area but ... future will tell us.
Yes, technology is mentioned too. It will be provided by:
the Coinfirm Blockchain Lab, a project from the central European leader in blockchain compliance, Coinfirm, to manage the development of the currency and platform. Although Copernic will not bank on conventional financial system, CSC said risks will have to be palliated. In this regard, Coinfirm will provide its blockchain AML risk and compliance platform to ensure that Copernic is able to establish trust and connect with financial systems on Earth.
If anybody is familiar with their work and products, please tell us more. Thank you.
To conclude ->
Space is no longer the limit!
Cover photo by SpaceX-Imagery