【bybit exchange】Hedera Hashgraph Joins SpaceX Launch: SEALCOIN to Enable Secure Satellite IoT Networks

• Hedera Hashgraph is bybit exchangeexpected to launch via SpaceX on January 14 amid the launch of the Hashgraph-based system called SEALCOIN.
• Previously, CEO of WISeKey Carlos Creus Moreira disclosed that testing SEALCOIN from space would be a massive leap in securing satellite communication.

According to a report shared by an X user identified as Erik & Gizzy, Hedera Hashgraph is scheduled to launch through Elon Musk’s SpaceX on January 14. Meanwhile, a subsidiary of WISeKey, WiseSat, and SEALSQ has launched a Hashgraph-based system called SEALCOIN. Fascinatingly, this aligns with a previous report that highlighted the conduction of a second Proof of Concept (PoC) for SEALCOIN by transacting tokens through satellites to Internet of Things (IoT) devices.

Thanks to @markchadwickx I learned and confirmed Hedera’s Hashgraph is scheduled to launch via #SPACEX on January 14th. This is real crypto innovation. This is historical. AND it’s under .30 cents (for now). WiseSat, a subsidiary of WISeKey, and #SEALSQ have launched a… pic.twitter.com/Jui8gS0BPI— Erik & Gizzy (@pettersson_usa) January 3, 2025

Our research also shows that the SEALCOIN platform would integrate physical security infrastructure with DLT components to bridge the gap between traditional secure systems and the decentralized digital future. It was also designed to ensure that all autonomous device interaction occurs within a transparent and secure system. The system is also meant to eliminate bottlenecks and vulnerabilities that come with centralized transaction models.

In a blog post published last year, it was highlighted that SEALCOIN’s TIOT token would enable IoT devices to negotiate, execute, and settle transactions securely and autonomously. Fascinatingly, this would be done without human intervention or centralized intermediaries.

More About the SEALCOIN

According to the CEO of WISeKey, Carlos Moreira, SEALCOIN’s first Proof of Concept (PoC) would mark an important step towards decentralized M2M transactions in space.

This PoC marks an important step towards enabling seamless, decentralized M2M transactions from space. With the SEALCOIN token and WISeSat’s satellite infrastructure, we are moving closer to a future where IoT devices can securely and autonomously manage transactions across vast, interconnected ecosystems. The upcoming launch of the new generation of WISeSat satellites in January 2025 will further accelerate our vision of a decentralized, space-powered IoT network.

Amidst this backdrop, SEALSQ and WISeSat are set to launch their next-generation satellite in just two weeks.

On November 16, CNF reported that SpaceX could be sending a satellite powered by HBAR to space in January. As we explained, HBAR’s primary role is to facilitate crypto transactions in space. According to an analyst identified as Shawn, the use cases of Hedera that could be very crucial for this collaboration are its ability to secure satellite communication and payment network, ability to tokenize resources from asteroid mining, manage space supply, track and manage space traffic, and act as a smart contract for autonomous spacecraft and space vehicles.

Smart contracts can be programmed with logic that allows spacecraft to make decisions based on real-time data. For example, if a satellite detects an obstacle or another satellite on a collision course, the smart contract can automatically execute maneuvers to avoid a collision without the need for ground intervention.

At that time, CEO of WISeKey Carlos Creus Moreira highlighted that the testing of SEALCOIN directly from space as a Proof of Concept would be a breakthrough.

This is a major leap forward in secure satellite communication and blockchain integration with Hedera Hashgraph, paving the way for the future of space-based digital cryptocurrency transactions.