Satellite communication utilizes artificial satellites to transmit and receive signals for global telecommunication. This technology enables data transfer, internet access, and broadcasting across vast distances, including remote or underserved regions. It provides a robust infrastructure that can operate independently of terrestrial networks, offering resilience against local outages. In the context of digital assets, it can provide an alternative layer for network connectivity.
Context
While not a primary focus, satellite communication occasionally appears in crypto news regarding efforts to enhance blockchain network resilience and censorship resistance. Projects aiming to broadcast blockchain data or enable transactions via satellite seek to provide connectivity independent of traditional internet service providers. This area represents a niche but significant aspect of ensuring global, uninterrupted access to decentralized systems.
J.P. Morgan's Kinexys unit successfully piloted a blockchain-based tokenized value transfer between orbiting satellites, establishing a foundational infrastructure for a future machine-to-machine space economy.
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