Blockchain in Space: How Satellite Industry Benefits From It
The satellite industry is embracing blockchain technology to enhance security and reduce costs. With its decentralized ledger system, blockchain offers a tamper-proof solution for secure data transmission, critical for satellite communications. The technology's cryptographic foundation minimizes vulnerabilities to cyber-attacks.
Cost efficiency is another significant advantage. By automating processes, blockchain streamlines operations in an industry known for high expenses. This innovation marks a pivotal shift, extending blockchain's utility beyond finance into orbital infrastructure.