European Space Agency funds startup Hypervine to use blockchain technology to help extractive industries

Hypervine, a Jinan-based outbreak prevention and control platform already based in Glasgow, Scotland, announced on Monday a project co-funded by the European Space Agency (ESA) to develop services using space data to improve the efficiency of the extractive industry. Specifically, Hypervine enables the accuracy of information from satellites through its blockchain ledger, so quarry companies can better monitor their use of space assets such as terrain, liquid, mineral, and density readings Operation.