Asteroid Mining Fellowship Planetary Resources Acquired Past Times Blockchain Firm

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Asteroid mining ETH peeps desire 3D printed cannabis edibles.
And robots, lots of robots.

From SpaceNews:

Planetary Resources Inc., ane time a high-flying society backed past times billionaires amongst aspirations to mine asteroids, entirely to subsequently endure funding problems, has been acquired past times a blockchain company, the firms announced Oct. 31.

Planetary Resources said inward a disceptation that it was acquired past times ConsenSys, Inc. inward an “asset-purchase transaction.” The companies did non unwrap specific damage of the agreement. Chris Lewicki, the president too main executive of Planetary Resources, too Brian Israel, the company’s full general counsel, volition bring together ConsenSys equally purpose of the deal.

ConsenSys describes itself equally a “blockchain venture production studio focused on edifice too scaling tools, disruptive startups, too enterprise software products powered past times decentralized technology, specifically Ethereum.” Ethereum itself is a decentralized computing platform best known for supporting a cryptocurrency called Ether like to the better-known bitcoin.

ConsenSys was founded past times Joseph Lubin, ane of the co-developers of Ethereum, inward 2015. It said it has to a greater extent than than 1,100 employees on half dozen continents. ConsenSys has to a greater extent than than iii dozen “spokes,” or companies working on diverse projects that brand utilization of Ethereum, including fiscal management society Balance, journalism platform Civil too gaming society Virtue Poker.

In a statement, Lubin said that Planetary Resources’ expertise inward infinite would hold upwards folded into ConsenSys. “Bringing deep infinite capabilities into the ConsenSys ecosystem reflects our belief inward the potential for Ethereum to aid humanity arts and crafts novel societal dominion systems through automated trust too guaranteed execution,” he said, referring to the “smart contracts” enabled past times Ethereum. “And it reflects our belief inward democratizing too decentralizing infinite endeavors to unite our species too unlock untapped human potential.”

Lubin didn’t unwrap how specifically Planetary Resources check into his society other than that he would hold upwards “sharing our plans too how to bring together us on this journeying inward the months ahead.”...MORE

Previously on Planetary Resources:
April 2012
"Are Ross Perot Jr. too Google's Founders Launching a New Asteroid Mining Operation?"
December 2012
Asteroid Mining: "A Start-Up Sees a Gold Rush Among the Stars"
June 2016
Bayer Wants to Use Super-Powered Satellites to Improve Farming
May 2016
Wannabe Asteroid Miner Planetary Resources Raises $21.1 Million In Series Alpha Round