Technology has transformed industry after industry, and now it’s revolutionizing money and how people save and transact with each other.
In less than a decade, Bitcoin has gained impressive adoption and is now at the center of innovation, leading the charge to define the future of money. To accelerate this future, Blockstream is today pleased to announce Blockstream Satellite – one more step in the journey towards everyone on the planet being able to participate in Bitcoin.
Blockstream Satellite is the world’s first service that broadcasts real-time Bitcoin transactions and blocks from a group of satellites in space. With the service, everyone will have free access to the Bitcoin network, in any corner of the world, including the estimated four billion people not currently connected to the Internet, due to lack of availability or affordability.
On launch today, Blockstream Satellite is already available across two thirds of the Earth’s landmass; and will reach global coverage – to everyone on the planet – by end of year. As more people access the Bitcoin blockchain with Blockstream Satellite, we expect to see even more adoption and use cases for Bitcoin as well as a strengthening of the overall robustness of the network.