Home / Latest Breaking News / Blockchain Project Aims to Apportion and Tokenize the Moon

Blockchain Project Aims to Apportion and Tokenize the Moon

A brand new blockchain mission has introduced a registry that might divvy up and tokenize parts of the lunar floor. 

Dubbed Diana — after the Roman goddess of the search and the moon — the mission introduced on July 19, simply someday earlier than the 50th anniversary of the Apollo moon touchdown. The objective of this mission is purportedly to “protected the imaginable proper of guy to the Moon to suggest a strategy to ‘who owns the moon.’”

A lunar registry will reportedly protected get entry to to the moon as it’s ostensibly turning into extra possible that governments will exploit house for its wealth of assets:

“The Diana mission objectives to obviously outline the imaginable rights of mankind to the Moon, given the greater chance of possession disputes, thru collective registration.”

The mission’s white paper quotes Article II of the United International locations Outer Area Treaty, which states:

“Outer house, together with the Moon and different celestial our bodies, isn’t topic to nationwide appropriation by way of declare of sovereignty, by the use of use or profession, or by way of another way.”

The white paper notes that the treaty does now not point out non-public possession of the moon, which might permit for the exploitation of the celestial frame. By way of dividing and tokenizing the moon’s floor into some three.eight billion items, the Diana mission would in some way circumvent the personal possession and theoretical exploitation of the moon’s assets by way of hegemonic actors. 

Diana lists “Increase the biz style for Moon ownership” at the mission’s roadmap. 

The registry will function with two ERC-20 same old tokens: DIA tokens will act as indivisible evidence of registration of a cellular of the moon’s floor, whilst MOND tokens can be transaction tokens subsidized 1:1 by way of the USA buck. 

As up to now reported by way of Cointelegraph, nationwide house businesses just like the U.S. Nationwide Aeronautics and Area Management and the Ecu Area Company are investigating tactics to use blockchain era to their operations.

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