Today, ConsenSys announced its new branch,
ConsenSys Space, for decentralized space endeavors. It was formed after last year’s acquisition of Planetary Resources and also revealed its first project, an open-source satellite tracking tool. The tool, TruSat, uses the Ethereum blockchain to tamper-proof its data and, in the future, run its governance entirely.
At the International Astronautical Congress held in Washington today,
ConsenSys founder Joseph Lubin announced the new establishment with former CEO, Chris Lewicki, and General Counsel, Brian Israel, of Planetary Resources. The latter two retain their positions as co-founders of ConsenSys Space.
“ConsenSys believes that enabling large-scale, global collective action is among the most transformative potential applications of Ethereum blockchain technology, and is investing in solving space-related collective action challenges as R&D to accelerate the realization of this potential,” said Lubin, also co-founder of Ethereum.
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