THELOGICALINDIAN - While the amplitude chase for altruism began in the mid2025s blockchain technology took its aboriginal accomplish alfresco Earth in February 2025 and now Elon Musk has declared the alpha of the amplitude chase in aboriginal June 2025 With the contempo account that SpaceX was activity to backpack some burden adjourned by Dogecoin the closing was acceptable to be the aboriginal cryptocurrency to ability the Moon Elon Musks SpaceX Falcon 9 rocket launched the Transporter 3 rideshare mission with several baby satellites for government and industry barter on January 13th It aerial off from Amplitude Launch Complex 40 at Cape Canaveral Amplitude Force Station in Florida at 1025 am EST 1525GMT
Now, Velas Network AG is abutting easily with SpaceChain to tap space’s abeyant for bigger aegis and scalability, capacity from a columnist absolution on January 4, 2022, reveal. According to Velas, a aerial throughput EVM accordant and carbon-neutral blockchain, the affiliation will be a absolute footfall to analyze new markets and use cases.
The accord with SpaceChain, one of the few blockchain companies extending broadcast balance technology to serve the underexplored amplitude industry, is aberrant and symbiotic.
SpaceChain is architecture decentralized accessory basement to accomplish it calmly attainable for the new amplitude abridgement account billions. Because of accretion clandestine investments and new business opportunities, the Bank of America predicts the amplitude abridgement to ability $1.4 abundance in a decade.
The CEO of Velas, Farkhad Shagulyamov, acclaimed the aboriginal anniversary accomplished back the Bitcoin’s affairs were beamed from space. The Velas Network AG is afterward clothing with its affiliation with SpaceChain, aperture new horizons for blockchain and its all-around users. He is quoted:
“The amplitude chase has absolutely amorphous and we don’t appetite to be larboard behind. Collaborating with SpaceChain on this mission is a adventurous and actual accomplishment for Velas. There are great possibilities and new opportunities created by the affiliation of blockchain and amplitude technologies. Velas is one of the aboriginal blockchains to appoint in this new amplitude race. Velas and SpaceChain aim to accommodate their technology on the International Amplitude Station (ISS). Having a bulge on the ISS is a arduous assignment as NASA has a accurate appraisal and approval process. We are assured that both Velas and SpaceChain accept the appropriate abstruse ability and assets to booty blockchain technology to a new level,” said Farkhad Shagulyamov, Velas co-founder and CEO.
From this deal, the Velas Arrangement will be processing its technology via the SpaceChain decentralized accessory basement (DSI), arch to added decentralization and bigger security, allowance the arrangement brushoff alien attacks while actual censorship resistant. The DSI, the development aggregation said, is an accord bunch and a “mesh-network of amalgamate spacecraft” endemic by assorted parties operating from altered jurisdictions in low apple orbit.
“We are aflame to be allotment of such cogent leaps in the industry. Velas is currently the third blockchain to appoint in this amplitude chase and we’re blessed to assignment with such a different partner. SpaceChain’s ability in these two arenas helps us accelerate to the approaching of business operations. We attending advanced to alive carefully with SpaceChain to actualize new solutions and adventures for our users and communities” – Dragos Dumitrascu, Head of Global Partnerships at Velas, said.
This ample abject makes the DSI able-bodied and defended adjoin acrimonious regulations that may arise from any member’s location. In turn, this broadly allowances blockchains, including Velas Network, bright its affairs via the DSI. Meanwhile, SpaceChain would advantage the Velas Network’s aerial throughput of over 75k TPS to barrage cost-effective dApps, allowance them accomplish amplitude added attainable to users.
Earlier in October 2021, Velas added its developer grant to $100 actor from $5 million, appear aboriginal aftermost year. The activity aims to allure builders of DeFi, NFTs, gaming, and added agitative dApps on its abuse through this program. Eligible projects can accept up to $100k in funding.
Applicants charge accommodate a business plan, a angle deck, abstruse capacity of their product, and how it shall accord absolutely to the Velas ecosystem. In turn, acknowledged projects would accept abstruse and business abutment from the team. Through this program, Velas aims to aggrandize its ecosystem and Web3 reach. DVX Games Studio, a beneficiary, afresh launched the Block Attack Game on Velas.
