Building Blocks to Space: How Blockchain Can Advance Space Exploration

Shawnna M. Hoffman-Childress and Oderah C. Nwaeze
Blockchain provides increased transparency, enhanced security, improved traceability, greater efficiency, and reduced costs.

Blockchain provides increased transparency, enhanced security, improved traceability, greater efficiency, and reduced costs.

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On July 20, 1969, the United States’ Apollo 11 mission became the first manned vessel to land on the moon. In the time since, the US government, and a select number of private companies, have prioritized space exploration. Still, just six moon landings occurred in the last 50 years. The reason is simple: space exploration is costly, fraught with logistical challenges, and riddled with process inefficiencies. Blockchain has been seen world-wide as the answer to address many of these issues.

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