Spacecoin, a decentralized physical infrastructure network (DePIN), is working on an ambitious project to use nanosatellites to provide high-speed internet to remote communities. The initiative aims to bridge the digital divide by leveraging infrastructure from the Layer-1 blockchain Creditcoin.
Bridging the Digital Divide
Unveiled during Korea Blockchain Week in Seoul, Spacecoin's project targets areas with limited internet access, such as China and Brazil. The network infrastructure, which is typically centralized, would be replaced by a constellation of satellites that could bypass government control over telecom networks.
Tae Oh, founder of Creditcoin, explained that centralized networks enable government censorship, and Spacecoin’s goal is to offer an alternative that allows greater access and freedom.
Cutting-Edge Satellite Technology
Spacecoin plans to launch low-earth orbit satellites, each the size of a microwave, to establish a global 5G network at a fraction of the cost of traditional infrastructure like fiber optic cables. These small, disposable satellites are designed to last three to five years before re-entering the atmosphere.
With input from experts, including a U.S. military general and a NASA astronaut, the project is set to launch its first satellite, CTC-0, in Q4 2024.
Read more at Decrypt.
