Core Semiconductor Grabs Investment from SpaceChain to Produce Open Hardware Platform

Singapore-based fabless semiconductor manufacturer Core Semiconductor secures investment from and partners with SpaceChain to produce the world’s first open-source hardware platform capable of providing a downlink to mobile phones and small devices directly from the satellites in orbit, without the use of a satellite dish on Earth or a third-party network. This partnership will allow accessibility and unencumbered collaborations and will open up possibilities for a number of planned components to support decentralized space hardware and the New Space Economy.

“We look forward to our long-term partnership with SpaceChain as we collectively uncover new possibilities and opportunities with next-generation opensource innovations. This milestone underscores how we can unlock the benefits of the New Space Economy,” explains Jeff Dionne, CEO, Core Semiconductor.

An innovator in provably secure computing platforms for all connected devices, the company has designed this security inherently built-in technology considering the blockchain industry to bring blockchain applications to a global user base.

We look forward to our long-term partnership with SpaceChain as we collectively uncover new possibilities and opportunities with next-generation opensource innovations

The technology is designed for low bitrate applications of around 1250 bytes per minute, which makes it ideal for verifying blockchain hashes and encrypted signatures. The platform is designed small enough to fit inside any handheld device; despite this, the platform is affordable and is easy to deploy, making it a perfect fit for any company or hobbyist to incorporate.

“GPS is a low datarate protocol that has transformed the way we navigate the world and created over $400 billion in equity value. We want to do the same for emerging digital economies. Adding secure direct downlink and location capability to devices on a robust multi-layer global decentralized infrastructure will bring blockchain to mass adoption,” asserts Jeff Garzik, Co-Founder & CTO, SpaceChain Foundation, the company the combines space and blockchain technologies to make the development of space applications easier.

The hardware platform being opensource, it is open for anyone to verify the security and correctness of the design themselves, directly on GitHub