Blockstream expands its Bitcoin satellite service to Asia-Pacific

Blockstream, the blockchain technology development company, announced that its Blockstream Satellite service now supports the Asia-Pacific region. The Blockstream Satellite was first launched in 2017, enabling bitcoin users to execute bitcoin transactions through leased satellites. According to Blockstream, its satellite protects users "against network interruptions"  and reduces "Bitcoin’s dependency on internet access."  In addition to expanding satellite coverage, Blockstream also announced that it is launching the Satellite API, which "empowers users to access the Blockstream Satellite network to broadcast data to the whole world, paid for via the Bitcoin Lightning Network." The Satellite API will be available in January 2019.