Blockchain
Moon Dust as a Solar Shield in Space to Slow Global Warming, AstroCool Makes Public Debut at Munich’s ‘Festival of the Future’
Munich, Germany–(Newsfile Corp. – July 10, 2023) – The AstroCool science research initiative made its public debut at the ‘Festival of the Future’ (
Figure 2
Further developing the rationale behind the project, he said: “Even in just testing this out for potential emergency use, there’s a lot of new technologies and synergies with other research and infrastructure proposals, and we may even find valuable elements in the lunar dust, the regolith, that could prove to be a huge industrial and economic windfall.”
Figure 3
Highlighting the advantages of the AstroCool approach over similar proposals, Chaum said: “Any dust we place at the L1 will disperse within a maximum of six months and drift towards the Sun, where it will ultimately be vaporized, making the approach fail-safe.”
Alternative ways to best shade the Earth from the Sun include spraying aerosols or injecting chemicals into the atmosphere. “There’s really only three places to effectively shield the Earth with dust or other material,” noted Chaum.
Placing it in the troposphere or top of the cloud layer or on the ocean surface will generate a lot of pollution that may be difficult to get rid of. An alternative is near geosynchronous orbit, forming a ring like that surrounding Saturn, but this would be essentially impossible to reverse.
In contrast, placing lunar dust between the Sun and the Earth at L1, is the location favored by AstroCool, because it can be deployed incrementally, with latitudinal variability, is impermanent, and continuously blocks light evenly as the Earth rotates around the Sun, “with far less material required.”
Figure 4: David Chaum (Center) at the ‘Festival of the Future’ in Munich alongside Manu Constantin of MoonDAO (Left) and Oscar Wendel, member of the AstroCool Founding Team and organizer of Future Blockchain Summit (Right).
About David Chaum
David Chaum has pioneered privacy in modern communication as the inventor of mix nets, blind signatures, and multiparty computation that laid the foundation for enabling secure voting systems, anonymous internet surfing (Dark Web/TOR Network) and DigiCash, the first cryptocurrency and precursor to Bitcoin to allow for anonymous transactions. Chaum is currently leading xx network, a completely private, quantum-secure decentralized messaging and payment platform. He is working with the Bank of International Settlements (BIS) on new technologies for digital currencies. With a PhD in Computer Science from UC Berkeley, he has taught at NYU Graduate School of Business and the University of California. David is also the founder of the International Association for Cryptologic Research, the Cryptography Group at the Center for Mathematics and Computer Science in Amsterdam, and DigiCash.
Figure 5
AstroCool at Future Blockchain Summit and COP28
AstroCool will feature in the Climate Tech program at the Future Blockchain Summit from October 15 – 18 at Dubai Harbour and at the Slovenian Pavilion at COP28 hosted by Slovenian Ministry of Economy, Tourism and Sport from December 5 – 7. Announced at the UNFCCC conference in Bonn, these programs are in partnership with the UN Observer organisation Climate Chain Coalition (CCC).
www.FutureBlockchainSummit.com
PR Contact:
Saurabh Singla
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/172919
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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