The California Space Center has announced the launch of “Copernic” – a blockchain-based, finance-focused rights management system developed for the space industry, according to a report from Econotimes.
Eva Blaisdell, founder of the California Space Center, announced further details in Los Angeles on September 29 during the Mars City Design Gala Awards event at Annenberg Center.
“Now is the time to embrace the limitless possibility of the Space Economy. The economy should not rely on sluggish and inefficient systems that currently dominate earth operations,” said Blaisdell. “Blockchain is rapidly becoming an integral part of the most advanced systems on earth. Just as with rocket technology, the foundation for space’s economy should be based on future standards. Tremendous distance is only one of the many problems that must be solved with a future system; a blockchain with independent integrity is required for the space economy to grow.”
With skyrocketing potential for transactions between Earth and space, Blaisdell told Econotimes she sees Copernic as a catalyst for future economic growth. The California Space Center has engaged the Coinfirm Blockchain Lab to oversee the development of the platform.
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