Indian company Accubits will launch a blockchain concept satellite

Developers at Kercub, a startup based in Kerala, India, claim that they are ready to launch the world's first blockchain satellite called Chainsat. Accubits chief marketing officer Aharsh MS said Chainsat would serve two purposes. First, it will act as one of the nodes of a private blockchain network or alliance blockchain. Second, it will establish communication channels between different nodes of the blockchain network.