Blockchain Lunar Registry ‘Diana’ Intends to Tokenize the Moon | BTCMANAGER
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Diana, a project that claims to be a “Blockchain Lunar Registry,” has announced plans to tokenize the Moon and register it on a distributed ledger. Diana says it’s also developing a decentralized application (dApp) that can mark the land on the Moon and make it tradeable by individuals, according to a press release on August 19, 2019.
A Moonshot Proposal
As part of plans to commemorate the 50th anniversary of the Apollo 11 Moon landing, Diana is looking to register the moon on the blockchain and develop a decentralized application that would make it possible for people to purchase and trade parts of the Moon.
As stated in its press release, while the United Nations Treaty classifies the Moon as a common human heritage that can’t be entirely owned by a country or an entity, the excellent resources present on the Moon has however spurred many nations to carry out massive exploration of the Moon, in a bid to have an edge over others.
To encourage forward-thinking citizens to explore the Moon, in 2015, the government of the United States signed the U.S. Commercial Space Launch Competitiveness Act (CSLA) into law, a move that now makes it possible for an individual or a business entity to own a space resource.
According to Diana, it’s primary objective is to “promote collective registration to secure the possible right of man to the Moon”,