There has definitely been a lot of different blockchain projects over the years. With the technology still being relatively new, the possibilities are growing each day. One exciting new project, recently launched a registry that aims to create moon tokenization.
Last week, the project called Diana – named after the Roman lunar goddess, launched 1 day prior to the 50-year anniversary of the moon landing. Diana’s goal is to offer a solution to the growing question of ownership of other planets.
Colonizing other planets has always been an interesting topic, but mostly in sci-fi. As technology develops and grows, humanity will inevitably leave Earth and claim territories in outer space. The question is however, who will own what?
The reality is, that most people aren’t completely aware of the scale of the universe. That being said, Diana’s solution for the moon tokenization is a lunar registry.
Space will be exploited in the near and distant future, there’s no mistake about it. Corporations and governments will soon enough enter the race for space exploitation.
Moon tokenization is one small step for blockchain
Diana’s white paper has a quote by Article II of the United Nations Out Space Treaty, stating:
“Outer space, including the Moon and other celestial bodies, is not subject to national appropriation by claim of sovereignty, by means of use or occupation, or by any other means.”
Diana’s moon tokenization is a reflection of the fact that private ownership is not mentioned anywhere in the treaty. With the way corporations are growing in power, there is no doubt that the Moon will be exploited the second the technological resources for that are available.
Diana’s moon tokenization will basically split the moon into up to 3.8 billion parts. This will, according to the white paper, prevent the theoretical exploitation of the Moon’s resources by corporations and the governments acting behind them.
The moon registry will operate via two standard ERC-20 tokens: DIA and MOND. DIA tokens will take the role of indivisible proof of registration of a part or cell on the Moon’s surface. MOND tokens will be backed by the USD and will be used for transactions.
- Whale Alert Revealed a Huge Tether Mistake: What Really Happened
- Blockchain ID System to be Launched in South Korea by 2020
- Carsharing is Being Looked Into For Future Blockchain Tech Implementation
The post Moon Tokenization Blockchain Project is Now Available appeared first on CoinStaker | Bitcoin News.