The logistics company that is dedicated to the digitization of data and shipments through blockchain technology, Usyncro, is now operating together with Hydra Space to incorporate the chain of blocks in the satellite world to improve the functioning of the area.
Usyncro, also known as an open and independent blockchain solution which digitizes the logistics of international trade, has been in the business since 2018. and it came about as an update to eCustoms.
For its part, Hydra Space is a Spanish engineering company which makes use of Internet of Things (IoT) communications through satellites with complete internal technology.
Both companies have already worked together on what was the launch of two picosatellites at the Cape Canaveral Space Center and also the launch of a Falcon – 9 vehicle from Elon Musk’s company, Space X. Hydra Space was responsible for the creation and management of the two picosatellites sent into space while Usyncro was in charge, through the use of blockchain technology, of logistics and monitoring from the point of creation to the point of launch of the themselves.
Said work in which both companies were co-workers, gave rise to both entities signing to work together again in regards to “define lines of business, develop synergies and use cases by unifying the services of both companies” explained Usyncro, according to the web portal La Información.
In this new project, the participation of Usyncro will be aimed at providing agility and protection by making use of the blockchain, complying with some points such as: the security of communications, the link between the different participants, the streamlining of regulatory documents, among others. . All this in order to keep under control everything before, during and after the launch of a satellite in order to avoid possible inconveniences.
In this regard, Martin Lorenzo, the CEO of Usyncro, according to what was published on the website of Information, commented that “The international agents and authorities that intervene need automatic tools that provide agility and security to the process.”
Likewise, before this idea and initiative of the incorporation of blockchain technology, the partner of Hydra Space, Pablo Durban added “The application of solutions such as ‘blockchain’ can be an important lever for improvement, not only in the definition of new services, but also contributing to providing greater agility and security to complex processes”
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