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Singapore-based SpaceChain company sent a fully functional Qtum Blockchain node into space, capable of carrying out multi-signature transactions and launching smart contracts.

The launch took place on October 25 from the space center in China. The movements of the node in the Earth’s orbit can be monitored in real time on the SpaceChain website.

The future plans of SpaceChain are the development of an operating system based on the Blockchain. With its help, crypto exchanges, data warehouses, instant messengers for encrypted messaging and global sensor networks that operate in real time will be able to get space on the satellite to implement their operations.

In addition to the Qtum Blockchain, developers also promise to integrate the Ethereum protocol into the OS.

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