For the 50th anniversary of the Apollo 11 Moon landing, a project called Diana has launched to create a land registry for the moon using Distributed Ledger Technology (DLT).
The dApp (Decentralization app) service that can mark the land of the Moon and trade it will be launched on July 20, 2019.
A Diana representative, Jason Goo said:
“The Diana project will be a great opportunity for the Moon to be a daily interest.”
According to a UN Treaty, the Moon is listed as a common heritage of mankind that no country can own. However, due to the tremendous resources of the Moon (Helium-3, a non-radioactive isotope of helium, could be used as fuel for fusion reactors to produce vast amounts of energy at very low environmental cost), competition for ownership of the Moon between certain countries and companies is becoming increasingly fierce.
Governments are jumping into a competition to create domestic laws to rival the UN Outer Space Treaty. In 2015, the United States enacted the Commercial Space Launch Competitiveness Act (CSLCA), which encourages private space development, and in 2017 Luxembourg passed a bill allowing ownership of resources mined in outer space by private companies.
Diana promotes collective registration to secure the possible right of man to the Moon to propose a solution to ‘who owns the moon’.
The Diana project is in line with the idea of combining Distributed Ledger Technology (DLT) with real estate and land in many African countries.
Until now, people and organizations with power have been using or depriving individual lands in developing countries. At this time, the land of individuals who do not register real property or ownership has been helplessly deprived.
So, for instance, the Rwandan government is working with Microsoft to carry out a land registration project using blockchain technology and the aim is to fundamentally eliminate ownership problems by digitizing land registration based on the reliability of the blockchain.
The Diana project aims to clearly define the possible rights of mankind to the Moon, given the increased possibility of ownership disputes, through collective registration.
Anybody can participate in the collective registration of the Moon using the Diana registration system. Of the approximately 3.87 billion cells generated by dividing the Moon into specific areas (approximately 9,790m²), 2 billion, on the front side of the Moon visible to the human eye, are available for now.
Participants can assign addresses with their own meaning for the selected registration area. Since it can be transferred to a third party in real-time, it can be an everlasting gift for those you love.
- Wanxiang Blockchain and PlatON Launch Consortium Blockchain Infrastructure in China - October 7, 2019
- PayPal Quits Facebook Cryptocurrency Project Libra - October 7, 2019
- Walmart To Use Blockchain For Shrimp - October 7, 2019
- Channel Tools adds Blockchain-Driven Verification Service Evident Proof To It’s Kit - October 7, 2019
- Zuckerberg Under Intense Pressure to Testify to US Congress about Libra - October 4, 2019
- Report: Canadian Blockchain Industry Has Some of The Highest Paid Workers in the Country - October 4, 2019
- Bavarian Company RISE Wealth Technologies with Houston-based Entoro, Launching Largest European STO to Date at USD$120 million - October 4, 2019
- October Launch Confirmation for Telegram Open Network (TON) - October 4, 2019
- Liechtenstein Parliament Passes Blockchain Act - October 4, 2019
- Pioneer of Blockchain Certification For The Visual Arts Verisart, Raises $2.5 million in Series Seed Funding - October 4, 2019
- Uruguayan Digital Party to Embrace Æternity Blockchain Technology For Member Voting - October 3, 2019
- Decentralized Trading Technology Startup Vega Raises $5 Million Seed – Pantera Capital Leads Oversubscribed Round - October 3, 2019
- Malta-Based OKEx Kicks Off Global Compliance Standards Initiative for Cryptocurrency Exchanges - October 3, 2019
- Dama Financial and Helix TCS Establish First Blockchain-Fueled, Complaint Cannabis Marketplace - October 3, 2019
- New Digital Rights Law Enacted in Russia – Establishes Basic Definition Of Tokens And Governs Smart Contracts - October 2, 2019
- Six major Japanese Brokerage Firms Establish Japan Security Token Offering Association - October 2, 2019
- Vancouver’s BIGG Digital Assets Cuts Deal with US Federal Government Agency - October 2, 2019
- æternity Teams Up with Uruguay Can to Track Cannabis Production on the Blockchain - October 2, 2019
- Streamr Launches Global Pub/Sub Network For Machine Data - October 2, 2019
- SEC Orders Blockone to Pay $24 Million Fine for Unregistered ICO - October 2, 2019
Also published on Medium.