By Brian Heater
Here’s a match made in…I don’t know, somewhere on the blockchain, I guess. Pioneering space startup Planetary Resources was acquired by, of all things, a blockchain firm this week. ConsenSys, a Brooklyn based firm that specializes in all things Ethereum issued an announcement noting that it has snagged the asteroid mining company.
It’s not entirely clear how the two companies will work together, though ConsenSys founder Joe Lubin (who also helped author Ethereum) did manage to mention “decentralizing space endeavors,” which is certainly on-brand for the head of a blockchain company.
“I admire Planetary Resources for its world class talent, its record of innovation, and for inspiring people across our planet in support of its bold vision for the future,” Lubin said in a statement tied to the news. “Bringing deep space capabilities into the ConsenSys ecosystem reflects our belief in the potential for Ethereum to help humanity craft new societal rule systems through automated trust and guaranteed execution. And it reflects our belief in democratizing and decentralizing space endeavors to unite our species and unlock untapped human potential.”