Blockstream expands its Bitcoin satellite service to Asia-Pacific
Partner offers
The Block may may earn a commission if you use our partner offers, at no extra cost to you.
Blockstream, the blockchain technology development company, announced that its Blockstream Satellite service now supports the Asia-Pacific region. The Blockstream Satellite was first launched in 2017, enabling bitcoin users to execute bitcoin transactions through leased satellites. According to Blockstream, its satellite protects users "against network interruptions" and reduces "Bitcoin’s dependency on internet access." In addition to expanding satellite coverage, Blockstream also announced that it is launching the Satellite API, which "empowers users to access the Blockstream Satellite network to broadcast data to the whole world, paid for via the Bitcoin Lightning Network." The Satellite API will be available in January 2019.
AUTHOR
Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi
See More
