To Fund And Provide Technological Support As Well As Expertise In Joint Partnership With Arch Mission Foundation

SpaceChain announced today a joint partnership with the Arch Mission Foundation, a 501(c)(3) USA non-profit corporation, which will provide the latter with funding as well as technical support and expertise. SpaceChain will also load valuable subsets of Arch Mission data onto its satellites in a bid to collect, distribute and protect human knowledge and data across the solar system. The alliance will facilitate both companies to move one step closer towards their common goal of advancing mankind through the use of space technology.

The wheels are already in motion with Arch Mission's payload riding on Elon Musk's SpacesX Falcon Heavy rocket, orbiting the sun for what will effectively be eternity. The Arch Library protects data on humanity transcending both time and space, with the sharing of a collective and constantly growing decentralized repository. This mission is in line with that of the SpaceChain team who set out to inspire the public, university students and industry enthusiasts through space exploration, while spreading an accessible data-set throughout the solar system.

SpaceChain's Co-founder Zheng Zuo said: "The goal of archiving and preserving knowledge for future generations will advance archiving science and human knowledge by itself. The ambitious goal of disseminating this knowledge throughout the solar system is finally achievable today thanks to greatly reduced launch costs through new space launch providers."

Co-founder of The Arch Mission Foundation, Nova Spivack commented: "SpaceChain's support of our mission to archive important human data in space is the start of the Earth Library – an orbiting ring of backup data around the Earth. This is an important milestone for humanity."

The partnership will also allow SpaceChain's long-term goal of seeing its data archives on every planetary body as well as orbiting satellite come to fruition.

The announcement comes off the back of SpaceChain's successful launch of the world's first ever blockchain node in space through a joint venture with QTUM in early February of this year. The node sitting on the satellite runs on a Raspberry Pi hardware development board that runs a full-node program on QTUM blockchain technology.

(Source: SpaceChain news release)

FMI: www.spacechain.com, www.archmission.org