Technology and Aerospace company Lockheed Martin and Filecoin Foundation announced today that they will soon be able to make an open-source blockchain network accessible in space.
Loockheed Martin and Filecoin, They are working together to develop the program that can run the Interplanetary File System (IPFS).
In their statement, the two institutions stated that they plan to establish a space platform that will determine the needs of this program and will serve as a test in this project.
Marta Belcher, general counsel of IPFSsaid that the goal of this project is to reduce the latency of downloading data from distant places such as the moon.
“We are redesigning many technologies that are not ready to work in space.”
Joe Landon, vice president of advanced program development at Lockheed Martin In his statement, he made the following statements:
“Soon, space will not be just a destination. Space will host a new space economy independent of Earth.
In this context, our work with Filecoin strengthens the space infrastructure building project. We need to evolve the technology to support a long-term presence in space.”
What is IPFS?
IPFS is an open-source data storage and sharing protocol that aims to speed up data downloads by allowing network participants to store or share information.
Following the news, Filecoin (FIL) saw a 10% rise.
The rest of the news is on Bitcoinsistemi.com.