Spacecoin signs $100 million deal for satellite network in Vietnam

Spacecoin has announced an exclusive $100 million partnership with Vietnamese company DETI Technology. Through this collaboration, the crypto project will roll out decentralised satellite communications, sovereign routing, blockchain and edge AI infrastructure in Vietnam. The focus is on two of Vietnam’s largest mobile providers: Mobifone and Gtel.

Spacecoin describes itself as a satellite-powered DePIN project aimed at building decentralised internet connectivity. With this deal, the platform significantly expands its operations, adding Vietnam to its growing list of countries.

Real Satellites in Orbit

The partnership marks an important milestone for Spacecoin. The company already has operational satellites in space and is now adding a new national telecom market to its portfolio. This indicates that the project’s plans are no longer purely theoretical but are taking concrete shape.

Vietnam is an ideal market for this expansion. With a large pool of potential users and growing interest in blockchain solutions, the country offers attractive conditions for decentralised satellite infrastructure. The collaboration with two major mobile network operators means Spacecoin gains direct access to millions of end users.

Decentralised Internet and AI

The implementation in Vietnam involves more than just satellite communications. Spacecoin is also integrating sovereign routing and edge AI solutions into the network. This makes the system more robust and adds extra functionality that appeals to telecom providers and their customers.

The growth of decentralised internet infrastructure is a key trend in the crypto industry. Projects like Spacecoin are seeking to take control of internet and connectivity away from large corporations and governments, a movement that holds particular appeal in emerging markets.