Nasa to Use ETH Blockchain For Deep Space Exploration

Project funded by NASA is looking to use the ETH blockchain’s smart contracts technology to automate spacecraft maneuvering while avoiding space debris
17 April 2018   658

A research project called "A sample of fault-tolerant network interaction and computation" is headed by  Dr. Jin Wei Kocsis, assistant professor, specializing in the field of computer technology. This is reported by CCN.

Kocsis received a three-year grant of $ 330,000. She intends to use it to develop a cognitive architecture that will allow the aircraft to travel in outer space without relying on critical data from Earth scientists.

Instead, smart contracts based on Ethereum will help them "think on their own" in the process of detecting and evading debris that could cause serious damage to the device in the event of a collision.

In this project, the Ethereum blockchain technology will be exploited to develop a decentralized, secure, and cognitive networking and computing infrastructure for deep space exploration. The blockchain consensus protocols will be further explored to improve the resilience of the infrastructure.

Dr. Jin Wei Kocsis

Assistant professor of electrical and computer engineering, University of Akron 

Kocsis believes that the decentralized infrastructure will, among other things, help automate the collection of data, which in turn will free up human resources, currently conducting complex calculations during flights, and throw them into data analysis.

I hope to develop technology that can recognize environmental threats and avoid them, as well as complete a number of tasks automatically.

Dr. Jin Wei Kocsis

Assistant professor of electrical and computer engineering, University of Akron 

Whether the project will use a public or private version of Ethereum blockchain is unknown.

Monex to Open Exchange Under Coincheck Brand in USA

"New old" cryptocurrency trading platform will be focused on institutional investors; opening is planed in 2019
13 December 2018   16

Japanese online broker Monex Group Inc. announced the launch of a cryptocurrency trading platform focused on institutional investors. The new platform should start work in 2019 under the brand of Coincheck, Finance Magnates reports.

A license to provide services in all US states Monex hopes to get within a year. As the president of Monex TradeStation, John Bartleman, said, Bitcoin, Bitcoin Cash, Litecoin, Ethereum and, possibly, XRP will be available on the platform.

In April, Monex acquired Coincheck, the victim of a hack, for $ 33.6 million. After the purchase, Monex representatives said that the cryptocurrency business plays a key role in the company's further development. The fact that Monex intends to expand its business to the US market became known in May.

It is noteworthy that earlier this month, Monex Group Inc. became one of the investors of the American stock exchange cryptocurrency derivatives ErisX. According to John Bartleman, ErisX will also serve institutional investors in the United States after regulatory approval