Bitcoin's blockchain now available via satellite in 2/3 of the planet

in bitcoin •  last year

Blockstream announced today they are developing a satellite broadcast system for Bitcoin's blockchain to be available in every corner of the world via sattelite. No internet connection needed.

You can read their blog here

The signal will be free, but still you'll need a USD $100 satellite antenna and a USB reciever to be able to use Bitcoin. ANYWHERE!

This is really disruptive in the sense that for the first time Bitcoin will not depend on governments controlling internet access. Also it's a great solution for isolated communities that are offline or where internet access is too expensive.

They expect to fully cover the planet by the end of 2017. Learn more about it here

What other implications can you think about?

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!