Hong Kong – Wingbits, a network of aviation data fueled by blockchain, is defined to add satellite monitoring capacities, while it seeks to make more breakthroughs in the aviation data industry of 22 billions of dollars. The Swedish company launches a satellite with Spire Global, which operates a constellation of satellite with low orbit. The satellite will be transported by the Transporter-13 mission from SpaceX at the end of February from Vandenburg Space Force Base in California.
Discussing the launch during the Hong Kong consensus, Robin Wingardh, CEO and co-founder of Wingbits, said that the satellite completes the network of nodes on the field of 2,200 people from the startup managed by flight enthusiasts around the world.
The decentralized physical infrastructure network, or aid, rewards data suppliers with Solana Testnet tokens. The existing flight tracking industry is also based on flight enthusiasts to provide data on plane movements. Companies such as Flightaware and Flightradar24 sell data to aviation analysis companies, airlines, insurers and others, but do not reward enthusiasts of their work, Wingardh said.
Wingbits already have data contributors from more than 90 countries that follow some 120,000 unique flights per day. It plans to create a global network via the reward system, which allows for tokens for air miles, access to the airport fair and other services.
Wingardh said that the satellite, when launched, will allow the company to check the soil data, offering “usurpation” protection by checking debt flight data against satellite data, Wingbits hopes that his information is more precise than his competitors.
The company recently closed a second head round for $ 5.6 million in Borderless Capital, Haussier capital (part of the Haussier group which also owns Coindesk) and others.
