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Tuesday, 19 May 2020

SpaceChain Foundation invests in Core Semiconductor

SpaceChain Foundation has contracted and invested in Core Semiconductor, a fabless semiconductor manufacturer in secure computing platforms for all connected devices, to produce the world’s first open-source hardware platform capable of providing a direct satellite downlink to mobile phones and small devices.

SpaceChain Foundation believes in the future of open-source Blockchain hardware. The partnership allows for accessibility and unencumbered collaborations, and marks the beginning of a number of planned components to support decentralised space hardware and the new space economy.

The platform will communicate directly from satellites in orbit, without the use of a satellite dish on Earth or a third-party network. With security inherently built-in, the technology is designed at the Blockchain industry and to bring Blockchain applications to a global user base.

Core Semiconductor has designed the platform to be small enough to fit inside any handheld device. With a commodity price point, the platform is affordable and is easy to deploy. The technology is designed for low bitrate applications of around 1,250 bytes per minute, making it ideal for verifying Blockchain hashes and encrypted signatures.

“GPS is a low datarate protocol that has transformed the way we navigate the world and created over US$400 billion in equity value,” said Jeff Garzik, SpaceChain Foundation co-founder and CTO.

“We want to do the same for emerging digital economies. Adding secure direct downlink and location capability to devices on a robust multilayer global decentralised infrastructure will bring Blockchain to mass adoption.”

As the hardware platform is open-source, anyone can verify the security and correctness of the design themselves, directly on GitHub.

“We look forward to our long-term partnership with SpaceChain as we collectively uncover new possibilities and opportunities with next-generation open-source innovations,” said Jeff Dionne, CEO, Core Semiconductor.

“This milestone underscores how we can unlock the benefits of the new space economy.”

SpaceChain Foundation fosters decentralised infrastructure for the new space economy. By combining space and Blockchain technologies, SpaceChain Foundation is making the development of space applications easier and making space more accessible. 

Details:

Check out the code and test it out at https://github.com/coresemi and https://github.com/coresemi/gnss-baseband.

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