Lockheed Martin (LMT) is working with the Filecoin Foundation to demonstrate a blockchain network in space, the organization announced on May 23 at the World Economic Forum’s annual meeting in Davos, Switzerland.
LMT and the Filecoin Foundation are said to soon create an open-source blockchain network accessible to the universe. Both plan to build infrastructure to share information, speed up the communication process and reduce storage costs between earth and space.
The main engine used for decentralized storage is the Interplanetary File System (IPFS), a decentralized storage and data sharing protocol that uses asset addresses to uniquely identify files. IPFS is the underlying technology for the Filecoin network.
Joe Landon, vice president of advanced programs development at Lockheed Martin Space, said the goal of the project is to develop a mission to demonstrate IPFS, in space.
Web3 projects often use IPFS to remove centralized and limited storage systems from companies like Google or Amazon. For example, IPFS is how a Tezos-powered marketplace called Hic et Nunc (now Teia) managed to stay afloat after the platform’s founder unexpectedly abandoned the project.
Landon said critical infrastructure is needed in space for accessing and sharing data:
“We need to develop the technology to support a long-term presence in space without having to rely entirely on Earth-based communications and data storage,” he said.
Marta Belcher, president and chair of the Filecoin Foundation, said today’s centralized internet model “just doesn’t work in space.”
“Every time you click, that data has to be retrieved from a particular server in a particular place. That means that if you’re on the moon, there’s going to be a multi second delay while that data travels from Earth, but with IPFS data isn’t retrieved by where it is, but rather by what it is, so it can be retrieved from whatever’s closest to you, eliminating that delay,” she said.
Following the initial steps, between now and the end of August 2022, Lockheed Martin and the Filecoin Foundation will conduct an initial study to:
However, this can be a pretty good signal for Filecoin (FIL), because this is considered one of the expected applications where the platform puts its blockchain technology into practice. On the other hand, this event also marked the return of FIL’s development after a long period of “silence” in the past year, since the project became a “fever” in China in April 2021.
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