Mattereum is excited to announce a new space-related partnership with X-ENDER Space, following our recently announced joint venture with Project Moon Hut.
X-ENDER Space is developing a distributed ledger for space applications: a data exchange digital infrastructure filling the gap of data (trust) liability among satellites and ground stations. They are creating an internet for space machines, but actually in space. Currently, if satellites need to communicate between themselves in orbit, the signal needs to go down to a ground station on earth, then get rebroadcast to the target satellite, a big waste of resources and seriously inefficient. X-ENDER Space aims to eliminate this inefficiency by making satellite to satellite data transmission possible by synchronising the telemetry and EO data across a constellation so that if one goes wrong the others have accurate data about what happened, using a blockchain-like technology.
X-ENDER Space’s infrastructure layer will enable multiple types of applications like wildfires detection and signal verification but also in-orbit debris collision avoidance and traffic management (and they have signed a traffic management satellite operator) to enable this. Because of the many critical uses, such as these, to which satellites are put, their telemetry data is legally significant in awarding damages, so the fact it is replicated against many independent nodes improves its utility as evidence in any potential contractual dispute or litigation. As the first part of our partnership Mattereum is going to work with X-ENDER Space on using the Mattereum Asset Passport for the legal and technical aspects of the liability management for their new system.
The second aspect of X-ENDER Space’s innovation on which Mattereum will be working is to maximise the potential of apparently obsolete satellites in orbit. Many have fallen out of use because new versions with more advanced technology have been launched, but are still functional and X-ENDER Space are planning on using these underutilised satellites to run their nodes and some of Mattereum CEO Vinay Gupta’s earlier work on Content Addressable Storage Markets and mesh networks as caches is likely to be of help with this.
Mattereum did the first blockchain and space conference in the world in 2018 and is now actively working towards developing links to space projects. These projects are completely different to Mattereum’s tokenized gold activities, but Mattereum Asset Passports are equally applicable here, giving a strong legal backbone to both types of project, using the blockchain.This versatility further strengthens the use case for the Mattereum Group’s MATR token, which provides clients with significant onboarding discounts as they make it clear the sheer breadth of project that can benefit from using tokens to discount the cost of onboarding assets to the Mattereum system.
About X-ENDER Space
X-ENDER Space (www.x-ender.space) is a subsidiary of X – ENDER (www.x-ender.com), a startup based in Italy (Milan) born with the goal of developing heavy autonomous drones for Robotics service delivery in agricultural and emergency handling applications (the first 250kg payload drone will fly this year). While developing the drone they came to a swarm drone concept using blockchain fundamentals applied to aeronautics control systems. X-EN
