Crypto roundup: NASA ponders blockchain, kidnappers demand Monero and crypto ATMs blossom

In Insights

Blockchain could be on its way to the moon, with NASA reportedly considering the tech for use in air traffic management.

Read the latest headlines from this past week in crypto.

NASA eyes blockchain

Even NASA wants a piece of blockchain technology now. Ronald J. Reisman from NASA published a paper about using blockchain for air traffic management, outlining how an open-sourced, permissioned blockchain could be useful for storing flight data while allowing excellent aircraft privacy and increasing security.

Blockchain could increase the efficiency of communication for aircrafts with ground entities such as Air Traffic Services.

Ransom demanded in crypto

The family of kidnapped Norwegian billionaire Tom Hagen received a ransom claiming to be from the kidnapper demanding USD10 million in Monero.

Police have told the family not to pay. As Monero is a privacy coin, the supposed kidnapper is banking on being able to receive the currency and go undetected.

Crypto accessibility increasing

Cryptocurrency ATMs are popping up all over the place. According to Coin ATM Radar, there are currently 4,165 crypto ATMs around the world, 2,333 of which are in the United States.

Every day, five more ATMs are installed somewhere in the world.

Crypto is spreading.

Chart credit: Bitcoin ATM Radar

 

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