Will NASA Be Using the Blockchain Technology?

The US National Aeronautics and Space Administration (NASA) is considering the blockchain hyperledger technology as a solution for the air traffic management.

According to a NASA researcher Ronald Reisman, blockchain could be crucial in dealing with security and privacy issues and prevent various kinds of cyber attacks, such as IP-spoofing.

The design innovation is the use of an open source permissioned blockchain framework to enable aircraft privacy and anonymity while providing a secure and efficient method for communication with Air Traffic Services, Operations Support, or other authorized entities,” he said.

Reisman is sure that NASA’s upcoming release, the Automatic Dependent Surveillance-Broadcast, which will be out next year, is not equipped sufficiently to protect all the data that needs to stay classified.

Blockchain, with its smart contracts technology, certificate authorization and many other unique features, could potentially solve all of issues mentioned above. However, it is still unclear whether NASA will follow the suggestion of its researcher.

We remind you:

The U.S. Department of Energy Is Going to Finance Blockchain-Based Projects

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SpaceX is Launching the First Falcon 9 in 2019

Today, January 11 at 07:31 a.m. PST, SpaceX, USA private space company, launches the Falcon 9 rocket, which will be carrying 10 Iridium NEXT satellites. The total project cost is $2.9 billion.

You may check the broadcast of the launch on the stream:

The rocket launch is planned on the Space Launch Complex 4E (SLC-4E) at Vandenberg Air Force Base in California which is located on the coast of the Pacific Ocean, 125 miles to the northwest from Los Angeles, exactly at 7:31 a.m. PST  or 15:31 UTC.

The rocket has the B1049.2 Iridium-8 thrust, which was used on the launch of Telstar 18 VANTAGE satellite on the 10th of September, 2018.

The aim of the rocket is to lead 10 satellites with a total mass of 9,600 kg on a low polar orbit. The weight of each satellite is approximately 860 kg with  3.1 × 2.4 × 1.5 m dimensions.

The measures will be taken for the return of rocket stage on Earth. The landing is planned on the “Just Read The Instructions” drone ship which will be stationed in the Pacific Ocean.

Source: https://www.spacex.com/

Iridium NEXT satellites are communication satellites of the second generation of the Iridium Communications Inc. American company, which are equipped with voice communication and data transmission to mobile devices.

The Iridium NEXT working orbits are located at the altitude of 780 km under 86.4 ° degree decline with a roller ability in six orbital planes for about 100 minutes. The satellites which are already on the orbit will be removed with their combustion in the atmosphere.

In general, duration of the mission will last about 72 minutes. You can track down the timeline of the start here.

The rocket

The Falcon 9 rocket has the following parameters:

  • the height is about 70m.
  • the diameter of a stage is 3,66m.
  • the diameter of a nose cone ( cargo bay) is 5,3m.

The thrust will be provided by nine Merlin 1D engines and one 1D Vacuum engine, they all operate off a mixture of liquid oxygen and rocket kerosene. The rocket fully complies with NASA requirements.

The mission logo:

Source: https://www.spacex.com/

We want to remind you:

“Touch” the Sun or the Main NASA Achievements of 2018

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China Toughened Rules For Blockchain Service Providers

The Chinese government is quite strict to the services that provide information which does not correspond to the rules and regulations of the country. Usually, such accounts or services are banned or some limitations are established.

This time China, namely the Cyberspace Administration of China (CAC), has forbidden blockchain services providers to distribute illegal content by publishing a set of blockchain regulations, named “Blockchain Information Service Management Regulations.”

According to these rules, blockchain providers do not have the right to “produce, duplicate, publish, [or] disseminate” information that is prohibited in China. They also need to register their companies in special agencies. Upon the registration, providers are to indicate their name, server addresses and service types. The services, which do not comply with the rules, will be fined from $737 to $4,420 depending on the severity of the offense.

Previously, the blockchain network was used by residents of China to evade censorship rules. For instance, the supporters of #MeToo movement have posted their stories on the Ethereum blockchain, so that they will not be deleted.

Another example is posted by Twitter user (nickname: @readkrystalhu):

In this regards, the Chinese authorities have made such a decision. No one knows whether it is for good or for bad. All we can be sure of is that censorship in China is extremely severe.

We remind you

Blockchain in China Is a Bubble? About 50% of Chinese Companies Failed To Present Operations Using DLT

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The U.S. Department of Energy Is Going to Finance Blockchain-Based Projects

According to the official announcement of the American Department of Energy, the federal government is going to allocate 4.8 billion dollars to sponsor various universities and institutions engaged in research and development projects, including those studying the potential of the blockchain technology.

The plans for funding are the part of the initiative organized by the Office of Fossil Energy with the aim of developing and expanding the technologies of applying fossil energy.

As for the blockchain technology, the Office is interested in utilizing it for processing “signal data and other information flows within distributed sensor networks for fossil-based power generation systems.”

Such projects may be engaged in searching for a solution for various energetic problems: from looking for the way to use fossil fuels more rationally to analyzing and providing statistical data on coal power stations.

The US has already understood the massive potential of the blockchain technology. Besides applying it in various fields, often funded by the government, the demand for the specialists in this industry has skyrocketed. We remind you:

The Demand for US Blockchain Specialists Has Grown by 700%

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“51% Attack” Hit Ethereum Classic: A Full Analysis Of The Process

As we have reported earlier, Ethereum Classic was hit by 51% attack, it means that hackers obtained more than 50% of network’s mining hashrate.

A Malicious “51% Attack” Hit Ethereum Classic, The Loss Allegedly Accounts For $460 000

Slowmist, Chinese-based blockchain journal, has released a full report on the attack. The earliest hit occured on January 5, the culprit hacked some exchanges, like Bitrue, Coinbase, Gate.io, however, this was noticed only two days later.

The first action was a transfer of more than 5000 ETC from Binance to the criminal’s address 0x24fdd25367e4a7ae25eef779652d5f1b336e31da. This amount of coins moved to a mining node, that created block 7254355. After that, the hacker deposited 4000 ETC to Bitrue exchange in block 7254430, yet, this transaction vanished from the Ethereum Classic chain. Another 9000 ETC was stolen in the same way. The Bitrue address 0x2c9a81a120d11a4c2db041d4ec377a4c6c401e69 no longer exists, and the official history is clear. Though, Bitrue managed to save some records:

The scheme of the hacker attack is simple:

  • make a deposit;
  • withdraw to a safe address;
  • to double coins – just move the coins to other addresses.

One of the biggests victims is Coinbase exchange. It was estimated that the loss from the attack accounts for $1 million. The above-mentioned report also provides the information about two attacker addresses which were blackmailed by Coinbase later. They are:

– 0x090a4a238db45d9348cb89a356ca5aba89c75256
0x07ebd5b21636f089311b1ae720e3c7df026dfd72

In Twitter, one of users (nickname: @OGBTC) claimed that he knew the culprit personally.

https://twitter.com/OGBTC/status/1082559086070136832

Another user (nickname: @sebseb7) indicated that it was he who knew the hacker.

The “51% Attack” is over for now. All we can do is to estimate the losses and to take measures so that it will not happen again.

The report also stated:

“[W]e recommend that all digital asset services platform block transfers from the above malicious wallet addresses. And strengthen the risk control, maintain a high degree of attention, and be alert to double spend attacks that may erupt at any time.”

We remind you:

The Dark Overlord Threatens To Reveal The Truth of 9/11 Attacks Unless Ransom in Bitcoin is Paid

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The Shares of Netflix, Apple and Tesla Might Be Switching to Blockchain

2018 was quite a hard year for cryptocurrency and the whole digital world. There were ups and downs, sadly enough, downs were much more common. But crypto is still alive, it’s still afloat, thus, there is still a chance that everything will stabilize sooner or later.

Many specialists and experts in the field have been suggesting various ways of fixing the situation. One of them is a relatively new concept of “tokenization”.

Tokenization basically means turning real physical assets, like stock shares, equities or bonds, into digital ones, in other words, putting them onto blockchain. This is how security tokens are created.

This topic has been discussed for quite a while, but now this idea could be implemented in real life. The company DX.Exchange, located in Estonia, has created a blockchain-based platform which lets the customers purchase the shares of the world giants from blockchain.

The shares of Facebook, Tesla, Apple, Netflix and other leaders of NASDAQ can be bought indirectly, in the form of security tokens, backed up by real actual shares.

As stated by the representative of DX.Exchange:

By tokenizing stocks of some of the biggest publicly-traded companies like Google, Amazon, Facebook and more, we are opening an untapped market of millions of old and new traders around the globe cutting out the middleman.”

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Ripple: 13 Financial Institutions Have Joined RippleNet, Surpassing 200 Customers All Over The World

Headlines with RippleNet pop up on the first pages very often meaning that the interest towards the Ripple’s DLT technology does not go away, and it is better to say, even increases. And the company decided to cheer its users by the news that other 13 financial institutions had joined RippleNet, putting the total at over 200.

Among these new 13 customers, only five of them will use the Ripple’s coin for liquidity, they are:

  • JNFX,
  • SendFriend,
  • Transpaygo,
  • FTCS,
  • Euro Exim Bank.

Others, like CIMB or Olympia Trust Company, are interested in immediate settlement, they are able to draw faster and more transparent payments using RippleNet. BBVA, in its turn, arranged loans to Porsche, as well as made international transfers using Ripple’s technology stack.

The director of Euro Exim Bank has commented on the partnership:

“As a leader in trade finance solutions for global corporates and fintechs, we are uniquely placed to offer new payment channels and ways to source liquidity. Our customers—whether big corporates or individual remitters—have historically been restricted from obtaining suitable funds or settling transactions in a cost efficient and timely manner. Working collaboratively with Ripple and selected counterparts, we have designed, tested and are implementing both xCurrent and xRapid in record time, and we look forward to the benefits these will bring our customers.”

We remind you

South Korea Launches Remittance App Using Ripple’s Blockchain Technology For The First Time

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