Blockchain technology, which is being used extensively in safe transactions, data security, and a few other applications, is now being deployed in space.

The developers claim that they are all set to launch the world’s first blockchain satellite, called Chainsat.

Due to this reason, enterprises are not able to adopt the blockchain technology to its full potential.

In the process, it identified that one of the main bottlenecks in the adoption of blockchain technology is the security vulnerability posed by the internet.

Blockchain technology is booming and we can expect more adoption of the technology in the coming years. | To read full story, visit https://startuparound.com/read/1583776805.3505416/This-Kerala-based-startup-is-set-to-launch-world’s-first-blockchain-powered-satellite?ref=audio_experience