Our mission at Cryptosat is to build satellites that power cryptographic, blockchain and ledger applications. We believe that satellites possess unique properties that make them well suited for these tasks and by launching these platforms into space we can unlock new and exciting opportunities in the realm of computing.
Cube satellites are miniature satellites the size of a coffee mug made from off the shelf components. The costs of building cube satellites and launching them into space has dramatically declined in the past decades and will continue to do so as the technology gains more widespread adoption. We believe they are ideally suited for applications requiring trust.
Cube satellites are completely tamper proof. Once in orbit, no one can physically access them which means no one can physically hack them or modify them for malicious purposes.
All communications with cube satellites happen in the open. Everyone with an antenna can listen to the satellites' transmissions which means they cannot lie without people noticing.
Every satellite ever launched is monitored by space agencies such as NORAD. If somethine happens to our satellites we will know about it.
Blockchains are all about achieving trust with no single party in control. Typically this is accomplished by decentralization and creating mechanisms for achieving consensus. Cryptosatellites take a completely different approach to trust: taking a single compute node and putting it beyond people’s reach. This novel technology can allow for blockchain applications that are cheaper, more reliable, more efficient, and more secure.
