Crypto

Cardano Foundation CEO Announces Collaboration with NASA: Details

Cardano and NASA: A Groundbreaking Blockchain Partnership

In a significant stride for technological innovation, the Cardano Foundation’s CEO, Frederik Gregaard, has confirmed an active collaboration with NASA. This partnership focuses on pioneering solutions for data provenance, track and trace technologies, and applications involving satellite data.

Exploring the Cardano-NASA Partnership

The collaboration between Cardano and NASA leverages the blockchain’s capabilities to ensure data integrity and provenance tracking. Gregaard emphasized the utilization of Merkle Patricia Tries (MPTs), a sophisticated data structure that facilitates efficient and verifiable storage of complex datasets on the blockchain. This innovative feature empowers Cardano (ADA) to manage vast and continuously updating datasets, a capability that distinguishes it from other major blockchain platforms.

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Unveiling Cardano’s Unique Blockchain Abilities

Gregaard elaborated on this unique functionality, stating, “Our work with NASA extends beyond tracking physical items to encompass data and its provenance. One of the standout features of Cardano is its use of Merkle Patricia Tries, a feature that, to my knowledge, is unmatched by other large-scale blockchains. We have effectively integrated the entire Bitcoin protocol into Cardano.”

One of the remarkable aspects of this development is that Cardano now incorporates the complete Bitcoin protocol into its blockchain. This integration ensures that every Bitcoin transaction—past, present, and future—is automatically recorded on Cardano’s ledger, providing a transparent and immutable record. Gregaard explained: “Every Bitcoin transaction ever made is now part of Cardano. Achieving this is complex, as it involves maintaining a flexible end date, unlike typical data dumps.”

The Role of ADA in Satellite Data Management

Beyond financial transactions, the ADA blockchain plays a pivotal role in managing satellite data, which is crucial for scientific research, global tracking systems, and AI-based applications. Gregaard highlighted: “Our exploration includes continuously updating satellite data, creating a provenance layer of data. This layer enhances data quality for AI training and offers reinsurance, fulfilling long-held aspirations within the blockchain community.”

A Continuing Collaboration

Interestingly, this collaboration with NASA is not entirely new. In a conference earlier this year, Gregaard hinted at this partnership, revealing that NASA had already been experimenting with Cardano’s blockchain infrastructure. “NASA has code running on Cardano today,” Gregaard stated, surprising many attendees.

Cardano’s Market Position

At the time of reporting, ADA was valued at $0.71, remaining below the 0.236 Fibonacci level on the weekly chart.

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Emma Horvath

After graduating Communication and Media Studies MA in Eötvös Loránd University, Emma started to realize that her childhood dream as a creative news reporter committed to find dynamic journalism stories. I'm a passionate journalist with a keen interest in the fast-evolving world of cryptocurrencies. I've been reporting on the latest developments in the crypto industry for several years now, covering breaking news and providing insights on how the market is trending. I'm adept at analyzing daily market movements, researching ICOs, and keeping track of the latest innovations in blockchain technology. My expertise in the space makes her a trusted voice in the crypto community. Whether it's the latest Bitcoin price movements or the launch of a new DeFi platform, I am always at the forefront, bringing her readers the most up-to-date and informative news.

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