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The world’s first crypto satellite will become a reality thanks to a Romanian company

18 ianuarie 2022

„In 2022, we will develop and send a small satellite into orbit. The satellite will be called AETHER and it will be used by other crypto projects that have their own blockchain, to run nodes beyond earth’s atmosphere,” according to the company’s website.

„Different blockchains can join our ecosystem and will have the possibility to run satellite nodes. Validators will need to hold a certain number of ATHER tokens and mainnet coins needed for the node to operate,” the company explains.

AETHER – will be the first crypto ever sent into space In through a partnership with Arca Space. The rocket is scheduled to be launched in January 2022.

Moreover, on this occasion, Arca Space will launch EcoRocket carrying a unique and extremely low-cost payload beyond our atmosphere: Aether cryptocurrency.

The EcoRocket is a three-stage orbital vehicle, with its first two stages fully reusable. The first two stages are using an environmentally friendly water- based propellant that will put the third stage at an altitude of 50km and a speed of 5,400km/h. The third stage, fueled by RP-1 and High Test Peroxide, will then propel a payload of up to 10 kilograms into orbit.

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Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

Sondaj

In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?