CAPE CANAVERAL, FLORIDA — January 13, 2022 — SpaceChain today announced the successful launch mission of its blockchain-enabled payload, integrated with the space node created for Velas Network AG, into space onboard a SpaceX Falcon 9 rocket. The payload was installed onto a satellite designed and manufactured by Spire Global, Inc., which also managed the launch mission. The mission marks SpaceChain’s sixth blockchain payload launch into space and the successful integration of Velas, the world’s fastest Ethereum Virtual Machine (EVM) blockchain and open-source platform for decentralized applications, with its payload.

The main mission for Velas is to provide a fast and cost-effective, multi-feature blockchain network. Velas includes the Ethereum Virtual Machine to allow developers to deploy any type of Ethereum-based dApps on the Velas blockchain premises based on the best parts of the Solana code. With many technological advantages, Velas is among the leading platforms for decentralized applications of all kinds.

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