By Jamie G - Cryptocurrency Specialist - 10-11-2021
In recent news, a system that allows users to exchange crypto and other assets is collaborating with Geometric Energy Corporation (GEC). Unizen ZCX, a smart exchange system, is partnering with GEC, a significant tech and research pioneer, through ZenX Labs incubation.
The GEC is a manufacturing and logistics leader that utilises engineering, space, energy, and decentralisation; the company is initially known for inventing renewable technologies. The company currently has four separate subsidiaries as listed: Geometric Labs, Geometric Gaming, Geometric Space, and Geometric Medical. The company's latest initiative is helping to build and release DOGE-1, which will be the first cryptocurrency to reach the Moon. DOGE-1 is a crypto-based mission to the Moon, funded by Dogecoin (DOGE).
ZenX Labs Incubation is said to support GEC with the project by building a Decentralised Finance (DeFi) infrastructure. Alongside the launch of DOGE-1, the GEC is reportedly said to be releasing the satellite, Cubesat, into lunar orbit. According to GEC, the satellite will collect spatial data; this will be done with the installed cameras and sensors. The CEO of GEC, Samuel Reid, has since spoken about the collaboration to say how the corporation is "proud" to work with Unizen ZCX as the exchange is "pushing the boundaries" for ledger technologies to appear in outer space.
The DOGE-1 mission is said to launch in early 2022. The meme-coin-backed initiative stamped one of the biggest goals for cryptocurrency trading and DeFi industries.
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