TechFlow news — defense contractor Lockheed Martin (LMT) and the Filecoin Foundation may soon establish an open-source blockchain network in space, the two organizations announced Monday during the World Economic Forum's annual meeting hosted by the Filecoin Foundation.
Lockheed Martin and Filecoin plan to identify a satellite or other space platform capable of hosting InterPlanetary File System (IPFS) nodes, define technical requirements for such a platform, and work toward launching a demonstration mission. The goal, according to Marta Belcher, Head of Policy and General Counsel at Protocol Labs, is to reduce latency when downloading data from remote locations such as the Moon.
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