CAPE CANAVERAL, FLORIDA — June 30 2021 — SpaceChain today announced that its blockchain-enabled payload, incorporated with the space nodes created for its customers, has been successfully launched into space, onboard a SpaceX Falcon 9 rocket carrying a YAM-2 satellite which houses the payload. The mission, which was operated by Loft Orbital under the rideshare program, marks the dawn of space-based businesses and the burgeoning adoption of space-as-a-service among enterprises and communities worldwide.

The milestone is another step forward in advancing SpaceChain’s decentralized satellite infrastructure for business and fintech applications. Recognizing the potential of creating a next-generation infrastructure for the blockchain industry in outer space, today’s mission also affirms the high customizability of blockchain-enabled payloads in meeting diverse industry needs and generating commercial use cases across multiple sectors.

For the full press release, click here.