Selfkey KEY to SpaceChain SPC Exchange

Crypto Pair Details: KEY to SPC

Selfkey KEY

Bihu consists of two main components: an identity system and a community for crypto investors. Bihu ID（bihu.com）is a self-sovereign ID system based on blockchain technology and decentralized storage. It aims to be the gate keeper for Web3.0, in order to protect users’ wealth, data and privacy. Bihu ID strives to be the 'KEY to Digital Liberty'. Bihu Community is an platform for crypto investors to share and obtain token-investment-related information. It will the first use case for Bihu ID. KEY is the utility token for both Bihu ID and Bihu Community. It is an ERC20 token on the Ethereum blockchain. KEY is used to incentivize content generation within the Bihu Community, as well as the primary method for good content discovery. KEY also is the value exchange method within the Bihu Community, such as tipping between users. Since a single Bihu ID lives on multiple blockchains, it is desired that users will be able to pay KEY for generic network fees (AKA gas). KEY also acts as the generic payment method in the Bihu ID system, for instance, to recover lost IDs.

SpaceChain SPC

The key to Space Chain is to deploy all blockchain nodes on satellites so as to bring blockchain technology into space, adding a new dimension to blockchain’s core concept of distributed ledger by making use of space technology and advantages of space resources. As a space blockchain platform featuring data collecting, computing, application and storage, Space Chain uses satellites as its blockchain nodes for realizing direct on-satellite data processing and secure in-space data storage through cryptographic technologies such as quantum communications. Different from ground-network-based blockchain technology, Space chain provides a broader coverage and is based on a network of LEO satellites for achieving broad-based connectivity so that anyone and anything could become the user of blockchain technology anywhere and anytime.

SOURCE: COINGECKO

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