Bitcoin is a ‘Fad,’ But Even NASA is Investing in Blockchain

Bitcoin birthed the concept of blockchain technology, and now even organizations as technologically advanced as NASA are considering its benefits. Yet cryptocurrency is often described as a fad, a bubble, and even worthless. NASA Eyes Hyperledger Blockchain for Air Traffic Management Ronald J. Reisman, an aero-computer engineer at the NASA Ames Research Center, has put forward blockchain to solve issues of privacy and the prevention of spoofing, denial of service, and other attacks. He says a new system due for implementation in 2020, the Automatic Dependent Surveillance-Broadcast (ADS-B), does not provide for the protection of flight plans and positions and other state data. Reisman believes blockchain has the answer in the form of an engineering prototype built using a permissioned blockchain. The use of an open source permissioned blockchain framework to enable aircraft privacy and anonymity while providing a secure and efficient method for communication with Air Traffic Services, Operations…

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