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Filecoin Foundation Wants to Bring Decentralized Data Storage in Space

Filecoin Foundation Wants to Bring Decentralized Data Storage in Space


Cryptoknowmics
2022-05-24 08:03:42
Filecoin Foundation Wants to Bring Decentralized Data Storage in Space

American aerospace tech firm Lockheed Martin and Filecoin Foundation have partnered to demonstrate the InterPlanetary File System (IPFS) in space, the pair announced on Monday at the World Economic Forum in Davos, Switzerland. The partnership hopes blockchain application in space will reduce the latency in communicating with nodes in orbit. 📢 We’ve got news! @FilFoundation is working with @LMSpace to bring @IPFS to space! 🚀🧵 pic.twitter.com/o1JeHYjoik — Filecoin Foundation (@FilFoundation) May 23, 2022 The IPFS network is a distributed storage and data sharing platform which is managed by the Filecoin Foundation that stores files based on content, using ‘content IDs,’ over the location. On IPFS, multiple computers can store the same file so that if one computer were to go offline, another user can retrieve the file from another computer on the network. Therefore, these computers can be located somewhere besides earth to facilitate quicker extraterrestrial communication, such as with GPS coordination or environmental monitoring. The idea is to reduce latency when downloading data from remote locations, such as the moon. “We need to create the technology to enable a long-term presence in space without having to depend exclusively on Earth-based communications and data storage. We need to build the technologies that will allow us to maintain a long-term presence in space,” says Joe Landon, vice president of advanced programs d...

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