Internet of Agreements
21st June 2018
The Fourth Internet of Agreements Conference
On the 21st June we will host the fourth Internet of Agreements® conference, at which we will discuss the potential that blockchain offers for both finance and legal infrastructure for business in space.
Our fourth conference will take on a distinctly celestial hue: blockchain and business in space. From commercial satellite launches through to space tourism, asteroid mining, and even Mars exploration and eventual human settlement, the space industry has an almost limitless appetite for risk capital and technological innovation.
IoA 4 will bring together leading thinkers in the space industry and the blockchain industry to meet, discuss ideas, and co-present a variety of proposals for cooperation between the up and coming providers of technical infrastructure and risk capital to support innovation, on what many of us believe to be the most important human endeavour there is.
Public presentations on 21st June 2018 at Digital Catapult, 101 Euston Rd, London NW1 2RA. Doors 09:00.
Workshops for selected participants on 22nd June at The British Interplanetary Society, 27-29 South Lambeth Rd, London SW8 1SZ. Doors 09:30
Space migration is the only way humans can expand beyond the sustainability limits of Earth. A manned mission to Mars is the next logical stage in becoming that space faring species. Quoting Elon Musk “It’s important to get a self-sustaining base on Mars because it’s far enough away from earth that [in the event of a war] it’s more likely to survive than a moon base”. Getting to Mars is a long haul, maybe 20 years away, and a lot of people are working on the problem - some will be at IoA 4. Designing, building, launching and controlling a manned mission is very capital intensive. To succeed we will need to pool global money - to crowdfund on an unimaginable scale - and the cryptocurrency ICO model could just be the way to do this. #LetsGotoMars
Investing in Space
Space business is worth £170bn annually and is predicted to grow to £400bn by 2030. The rise of cheap nano satellites, reusable launchers, and likes of the British Space Industry Act are ushering in a new era. There are a plethora of interesting commercial projects, from remote monitoring to telecoms to blockchain. Some promise immediate benefit for users & investors, while some are highly speculative but potentially revolutionary. Rapidly falling costs has opened space to a new class of entrepreneur, and they need a new class of investor. There is a lot of private money about, particularly in the tech and cryptocurrency sectors - space is a high-risk venture and most of this money was earned through high-risk ventures. It is time to start normalising investment in space and to explore new routes through crowdfunding and ICO. #SpaceBusiness , #GetFunding , #HowtoICO , #BlockchainLaw , #SpaceLaw
Blockchains for Space
Blockchain is already being put to use within the space sector: from nascent ICO funding and token-based usage, to supply chain and document management, to debris tracking and spacecraft navigation, to satellite-based blockchain processors and bitcoin broadcasting. These projects range from small startups to large enterprises like NASA, ESA, and Airbus. Mostly this is at the evaluation or pilot stage and is not widely known about within either the space industry or the blockchain community. However Accenture predicts rapid growth over next 2 years initially lead by the aviation industry (which is allied to the space industry). IofA4 aims to educate and cross fertilise the space & blockchain sectors for maximum early benefit. #BlockchainSatellites , #SatelliteTelecoms , #RemoteSensing , #SpaceSupplyChain
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