SpaceChain (ERC-20) is an open-source blockchain-based platform designed to integrate blockchain technology with space exploration and satellite communications. It operates on the Ethereum blockchain as an ERC-20 token, known by its symbol SPC. The platform aims to create a decentralized network for space-related applications and services, providing features such as smart contracts, tokenization, and secure storage of tokens in a wallet accessible from anywhere.
SpaceChain (ERC-20) functions as a token on the Ethereum blockchain, leveraging its robust infrastructure. It uses smart contracts to facilitate various functionalities, such as upgrading from SPCv1 to SPCv2, ensuring a secure and permissionless process. The technical execution is managed by the Ethereum Virtual Machine (EVM), and as an ERC-20 token, SpaceChain inherits Ethereum's Proof of Work (PoW) consensus mechanism.
Potential use cases for SpaceChain (ERC-20) extend across several industries and applications:
Founded in 2017 by Zee Zheng and Jeff Garzik, SpaceChain has achieved several milestones, including the launch of a blockchain-enabled satellite payload into orbit early in its operation. Significant events include deploying blockchain payloads into space aboard SpaceX Falcon 9 rockets. SpaceChain boasts achievements such as the first demonstration of Ethereum technology integration in space and developing a satellite platform for secure custody and decentralized finance infrastructure. Collaborations with entities like Velas and other space-related ventures highlight its ongoing evolution and growing market presence.
The SpaceChain (ERC-20) price is $0.08735957 AUD, representing a -0.53% from the day prior.
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The trading volume of SpaceChain (ERC-20) (SPC) is $9.9K AUD in the last 24hrs, representing a -0.53% from the day prior.
SpaceChain (ERC-20) (SPC) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of SpaceChain (ERC-20) (SPC) is $35.2M AUD.
Yes - With Coinstash you can convert your SpaceChain (ERC-20) (SPC) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
The current circulating supply of SpaceChain (ERC-20) (SPC) is 406.3M.
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