Hong Kong-Wingbits, a blockchain-to-proof aviation data network, is configured to add satellite follow-up capabilities, since it seeks to make more incursions into the aviation data industry of $ 22 billion. The Swedish company is launching a global Spire, which operates a low orbit satellite constellation. The satellite will be transported by the Spacex Transport -3 mission at the end of February from the Vandenburg space force base in California.
Discussing the launch during the consensus of Hong Kong, Robin Wingardh, CEO and co -founder of Wingbits, said the satellite complements the network of nodes on the floor of 2,200 startup administered by flight enthusiasts throughout the world.
The decentralized physical infrastructure network, or Depin, the project rewards data suppliers with Solana test tokens. The existing flight tracking industry is also based on flight enthusiasts to provide data on aircraft movements. Companies such as FlightTAware and Flightradar24 sell data to aviation analysis companies, airlines, insurers and others, but do not reward enthusiastic for their work, Wingardh said.
Wingbits already has data taxpayers from more than 90 countries that track about 120,000 unique flights daily. It plans to create a worldwide network through the rewards system, which allows tokens to be exchanged for air miles, access to airports and other services.
Wingardh said the satellite, when it is launched, will allow the company to verify the data of the soil, providing protection against the “falsification” by verifying the flight data from the depin against the satellite data, the notches hope to ensure that their information Be more accurate than your competitors. ‘
The company recently closed a second round of seeds for $ 5.6 million capital borderless, Bullish Capital (part of the upward group that also has Coindesk) and others.
