Wingbits to launch the satellite to boost the flight tracking accuracy in Definit
Hong Kong-Wingbits, an aviation data network powered by the blockchain, is set to add satellite monitoring capabilities as it looks like it has to produce additional incoming $ 22 billion aviation data industry. The Swedish company launches a satellite with spire global, which operates a low-orbit satellite constellation. The satellite will be transported by Spacex’s Transporter-13 Mission to late-February from the Vandenburg Space Force Base, to California.
Discussing the launch during the Consensus Hong Kong, Robin Wingardh, CEO of Wingbits’ and co-founder, the satellite said it fits the 2,200-strong on-the-ground node network managed by flight lovers worldwide. The decentralized physical network of infrastructure, or depin, the project rewarded the data provides to Solana Testnet tokens. The existing flight tracking industry also relies on flight lovers to provide data on plane movements. Companies such as FlightAaware and Fluhradar24 sell data to aviation analytics companies, airlines, insurers and more, but do not reward lovers of their work, Wingardh said.
Wingbits already have data contributing from more than 90 countries that monitor 120,000 unique day -day flights. It plans to create a global network through the reward system, allowing tokens to exchange for air miles, accessing airports and other services.
Wingardh said the satellite, when launched, will allow the company to verify data from the ground, providing protection against “spoofing” by checking flight data from the defense against data from data In the satellite, the wingbits expect to ensure that its information is more accurate than these competitors’. The company recently closed a second seed spin for $ 5.6 million from the Borderless Capital, Bullish Capital (part of the bullish group that also owned CoinDesk) and others.
