SpaceChain forays into UAE to explore ME’s space-as-a-service capabilities

  • Date: 16-Mar-2022
  • Source: GCC Business News
  • Sector:Defense
  • Country:UAE
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SpaceChain forays into UAE to explore ME’s space-as-a-service capabilities

SpaceChain, a community-based platform in outer space with blockchain technology, has opened its UAE office in Abu Dhabi to mark its foray into the expanding space sector in the Middle East.

Incorporated and operated under the legal entity of SpaceChain MENA, the new office is located at Hub71, Abu Dhabi’s global tech ecosystem, where the company will spearhead the planning and development of integrated space-blockchain projects and initiatives in the Middle East and North Africa (MENA) region.

The establishment of the UAE office is a milestone forward in advancing SpaceChain’s decentralized satellite infrastructure (DSI) for business and fintech applications, and extending its space-as-a-service capabilities to enterprises and communities across the MENA region to create a next-generation infrastructure for the blockchain industry in outer space. SpaceChain has successfully launched six blockchain-enabled satellite payloads into space to realize its DSI vision.

Zee Zheng

Co-founder & CEO

SpaceChain “Being part of the Hub71 community places SpaceChain at the gateway to the burgeoning space industry in the MENA region. Our presence alongside other high-growth tech companies will allow us to share expertise and collaborate with leading influential players in Abu Dhabi’s growing innovation ecosystem that are interested in capitalizing on the New Space Economy. The space industry in the