PRESS RELEASE: Asteroid Australia announces 68 billion certified BlockClaims™ now on the Hyperledger blockchain

ASTEROID AUSTRALIA PTY LTD
“The Stars Are Ours!”

51/255 Adelaide Tce
Perth, Western Australia 6000
Asteroid.inc – Asteroid.org – Asteroidltd.io – ASTR.news

FOR IMMEDIATE RELEASE Asteroid Australia announces 68 billion certified BlockClaims™ now on the Hyperledger blockchain

Perth, WA AUSTRALIA, January 2020 – ASTEROID AUSTRALIA PTY LTD. (“ASTEROID”), the proprietary BlockClaim™ ecosystem will allow an individual the ability to create a million dollar claim to an asteroid. The BlockClaim™ ecosystem uses blockchain technology to ensure that a particular claim cannot be altered. Mining claiming has always been about who claims first, which then affords that individual the right to the claim.

“Think about it like claiming a dot com at the beginning of the internet, where each person claimed a domain and registered it with a company. A BlockClaim™ allows you to register a million-dollar claim using a “smart contract” in an immutable distributed ledger in much the same way that you would register your claim to an internet URL”, said Mr Walsh Jr. the COO of the company.

Asteroid has provided a consistent transparent way to identify the value, and the mining claim to the over 930,000 asteroids already identified, called NEA’s (Near Earth Asteroids).

Asteroid has created an open-sourced blockchain ledger. Each BlockClaim™ will be stored in a distributed ledger system that is tamper proof and transparent. Each claim registered will be kept cryptographically using the Ethereum based, ASTRcoin™.

Mr Bodnar, the CEO said, “Perth, Australia, is the mining capital of the world. There is not a better place on planet earth to develop a mining registry for claims”. Mr Bodnar went on to say, “The Outer Space Treaty of 1967 states, that space will belong to all humankind, and no sovereignty, no nation state and no empire may claim it for themselves. In the last two years Asteroid developed a significant blockchain with hundreds of billions of data points, cataloguing over 930,000 NEAs (“Near Earth Objects”) and creating BlockClaims™. These have a remarkable value to humankind and each of us, or better yet, all of us, as we lay claim to space.

How may we lay claim to space?

The BlockClaim™ ecosystem is modelled after the naming conventions of the internet. In much the same way that we obtain a domain for a website, a BlockClaim™ uses the Hyperledger blockchain to create an immutable distributed ledger of your individual claim. Each claim is valued at $1,000,000 USD and is stored on a blockchain, often referred to as Distributed Ledger Technology (“DLT”).

A BlockClaim™ is secured by using an ASTRcoin™ cryptocurrency. One ASTRcoin™ equals one BlockClaim™. This is done to secure a smart contract. The ASTRcoin™ in essence becomes “space money”.

“Clearly, no terrestrial fiat currency should become the currency of space. ASTRcoin™ is perfectly positioned to be, not only the way to secure claims in space, but will also eventuate as the currency of space”, said Mr Bodnar, CEO of Asteroid. “It is inconceivable the US Dollar, or the Euro, RMB or the Ruble would ever be the currency of space”. Mr Bodnar went on to say, “in many ways fiat currencies have played their part, and will most likely continue in a terrestrial sense, but to have a free and open opportunity for all humankind, a new opensource cryptocurrency will need to be implemented and used”.

ASTRcoin™ is, “the New Bitcoin of Space”. It will be backed by 200,000 BlockClaims™, giving it an intrinsic value in both a GSP (Gross Space Product) and GESDP (Gross Environmental Sustainable Development Index).

Over the past two years, Asteroid sought to find the correct system topology that would handle the tremendous volume of information to be included in an asteroid claim. Each BlockClaim™ represents a fractional amount of a particular asteroid and its present estimated profit value. A sophisticated algorithm is applied to the spectrographic, radiographic, orbital parameters, accessibility, retrieval, mining, and processing concepts, which equates to the asteroids taxonomy and pay-back ratio, and the net present value.

Since blockchain technology was in its infancy in 2013, a robust system had to be found that would contain the information necessary within a solid and supported opensource network. Asteroid chose the Hyperledger backbone with sophisticated cloud services worldwide. This will assure each BlockClaim™ participant the security and continued support necessary.

“Asteroid believes the BlockClaim™ ecosystem will maximise the efficiency and effectiveness of using space for the benefit of humankind. A fully realised non-governmental opensource ecosystem needed to be developed”, said Mr Bodnar. “A BlockClaim™ is much like the internet of the 1990’s was and is today. No government institution could have or should have control of the free flow of information. It is clearly in the hands of the people”, Mr Bodnar went on to say.

“As we move from the Information Age into the Space Age, we need to ensure that institutions, policy, educational and social barriers do not preclude ordinary citizens the right to claim space and receive the untold benefits accordingly”, summarized Mr Bodnar.

A BlockClaim™ is the first important step to developing a collaborative effort and addressing shared challenges for the benefit of humankind. A BlockClaim™ will allow the geospatial community to grow. It is not just a promotion of space for space’s sake, rather it will contribute to living life on earth through the expansion of resources and their almost infinite sustainability.

Asteroid is providing a path to a shared economy unlike anything yet achieved within recorded history. It is now possible to register a right to a claim which is, quite possibly, the most significant step we may all do to ensure our part in this, called The Final Frontier.

About ASTEROID AUSTRALIA PTY LTD. ASTEROID is a space technology company using innovative blockchain protocols to deploy the BlockClaim™ ecosystem. The company’s mission is to provide a distributed ledger registration technology and make it available to all humankind. What the internet has done for the Information Age, BlockClaims™ will do for the Space Age. To learn more about the BlockClaim™ ecosystem, in this new trillion-dollar market of Asteroid Mining, and ASTRcoin™, visit its websites at:

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