SpaceChain $SPC - In conversation with the CEO Cliff Beek

SpaceChain $SPC - In conversation with the CEO Cliff Beek

By CryptoGemGR | CryptoGemGR | 17 Feb 2024


Μy today's post is the textualization of a video from the official Spacechain youtube channel. you will find the link at the end.

My purpose is to share some of the CEO's answers with you.

d359cba1e2e299d95c4646694c0c39f2111ca66879257940550d0feaae444523.jpg

Today we will be talking to SpaceChain CEO, Cliff B.

What's your long term plan for space Chain five years from now?

Our plan for the first year is to establish a U.S. presence for Spacechain. In doing this, Spacechain will extend its global footprint, create awareness for its remarkable industry achievements, and aim to monetize its proven capabilities. The objective for our expansion plan is to optimize our first mover market position and build upon demonstrative in orbit platforms that will further progress Spacechain as the first company to successfully launch and transmit a blockchain from space.

What other regions do you intend to expand Spacechain into?

We see enormous potential in our current geographic regions and would like to scale growth to enhance capabilities in Asia, Europe and MENA regions In parallel and by entering the US market, we plan to aggressively demonstrate our space tech and expertise with implementing space based applications. Spacechain's multi signature blockchain wallet transmitting from the International Space Station has been recognized throughout the space industry. Our resources in Europe, Asia and Middle East have been inundated with new inquiries. Now we seek to create awareness in the U.S. market for Spacechain, a highly strategic growth opportunity for us.

You mentioned that the US will be the new headquarters for Spacechain. Where specifically in the US would that be?

So we are working on developing a Clear view into what options are available. With that said, there are three equally appealing geographic areas being considered.

The Washington DC metropolitan area solid base of Aerospace engineers,

San Francisco. The Bay Area has access to deep tech base and

New York City with extensive Fintech customer base and access to capital markets.

What is your near term strategy for Spacechain? What do you see as the single most important area that you need to focus on to achieve success?

1st, to both gain and strengthen market leadership position by building on our team's proven capabilities, experience and established relationships. Secondly, we plan to progress our program of attaching our engineered "space node" to multiple Leo payloads. Third, our capital formation. We are in the process of a capital raise that will be used for investing in new products to profitably expand our market leadership position in data security and blockchain applications in space.

Certain countries have a stronger competitive advantage in the space sector as compared to other countries. For example, Singapore is a multi global space hub in the world. So would you gravitate to working with nations that have a better infrastructure when it comes to the space sector?

The first reaction to the question is yes, of course. And to be sure, we value the support Singapore has provided us as well as the support we received from Europe. Recognizing that the entry point for smaller countries into space tends to be capital intensive and mostly reserved for countries with higher GDPs, Spacechain is involved in discussions with less developed countries space hub aspirations. We feel compelled to assist where we can.

 

Over the next two to three years, would you expand the product spectrum?

Yes, it's an exciting multi tiered plan. Today we have aligned our technical capabilities with satellite constellation service providers. We have attached our space nodes on satellite payloads to unleash the adjacent value by forming a network of secure communications with security, centralized blockchain and fintech applications. In that regard, we create a potential global footprint of mesh DeFi network service. The next phase would be to integrate our platforms with satellite manufacturers who work in conjuction with diversifying their service offering for service operators. And ultimately, Spacechain would consider designing and deploying a constellation of its own.

Source: https://www.youtube.com/watch?v=BBnKrag6ibs

Spacechain X: https://twitter.com/SpaceChain

CryptoGemGR X: https://twitter.com/7SinsIsland

 

How do you rate this article?

3


CryptoGemGR
CryptoGemGR

I love only useful crypto. Bitcoin produce nothing.


CryptoGemGR
CryptoGemGR

Many crypto are called, few are chosen. I try to share the truth without advertising for money.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.