Blockchains and Extra-Terrestrial Nations: Role of Blockchains in the Socio-Political Milieu of Future Extra-Terrestrial Settlements

Abstract

Humanity is on the cusp of a great wave of space exploration and colonization of Extra-Terrestrial Bodies (ETB). This paper deals with the socio–political issues that may arise between Earth and E.T Settlements and the possible ways to resolve them. Firstly we discuss as to how early maritime explorations compare to present day space voyages. Based on the lessons learnt, we will analyse the socio–political relation between Earth and Extra-Terrestrial Settlements (ETS) and how some possibilities of conflicts can arise. We then evaluate as to how Blockchain systems can potentially keep earth and ETS tethered to each other and provide a way for harmonious co-existence. The paper concludes by summarizing the possible Socio–Political and Economic conflicts between Earth and future ETS and ways to resolve them.