Indian startup Accubits plans to launch the world's first blockchain satellite

The developers of the startup company Accubits, based in Kerala, India, claim that they are ready to launch the world ’s first blockchain satellite called Chainsat, aiming to establish a communication channel independent of the ground Internet to support corporate use Blockchain technology. Launching blockchain satellite Chainsat has two purposes: 1. It will serve as a node of a private blockchain network or alliance blockchain; 2. It will establish a communication channel between different nodes of the blockchain network.