Chia Network, SpaceKnow Collaborate to Secure Spatial Data and Analytics for AgroTech Industry
Chia Network, Inc. and SpaceKnow have announced a collaboration to unlock actionable intelligence and data from space for the benefit of sustainability efforts, beginning with the AgroTech industry. SpaceKnow and Chia will build and maintain a geospatial database to track land enrollment in sustainability programs, secured using Chia’s Virtual Private Blockchain approach to create a trusted database that can be queried spatially by permissioned market participants.
Reconciliation of Ecosystem Service Claims via Unified Entity (“RESCUE”), a project launched by a consortium of leading sustainable AgroTech companies including Indigo Ag, with the support of the International Emissions Trading Association (“IETA”), is working with Chia and SpaceKnow to create and maintain a database of geospatial data to track land enrollment in carbon credit sustainability programs and the status of environmental claims being made on activities on a specific area of land for a specified period.
“Blockchain technology must exist at the intersection of security and compliance,” said Vishal Kapoor, Chief Strategy and Business Development Officer at Chia Network. “We layer permissioning and identity on top of the immutability and transparency of our public blockchain to deliver the trust that customers at SpaceKnow and RESCUE need and expect.”
The technology solution seeks to solve industry challenges by creating auditable processes that will ensure accuracy and build trust in the market. This geospatial database will help leverage data to encourage program participation and engagement, monitor field activity among participants, and report this information to project developers and standards. Applying distributed ledger technology to these industry-wide challenges can reduce manual-intensive and inefficient centralized data infrastructures and cross-check for double enrollment, while increasing the industry’s ability to use new data inputs for current challenges and novel use cases.
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“Driving our mission to transform space data into actionable intelligence, we are integrating secure and sustainable blockchain technology to build and maintain trust in our data,” said Anu Murgai, Chief Commercial Officer at SpaceKnow. “We are excited to start this partnership with this important project to bring much needed transparency to carbon credit sustainability programs.”
The collaboration deploys Chia’s DataLayer and Verifiable Credentials capabilities to bring unprecedented data security and auditability to the geospatial data collected and synthesized from SpaceKnow’s 80 machine learning algorithms built on 10+ satellite constellations, creating a geospatial database with verifiable and tamper-resistant data access and transparency. Critical data will be stored on the public Chia blockchain increasing auditability, security, and accessibility by storing and tracking metadata, audit trails, and other data elements.
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