As the threat of climate change grows, many industries require hourly accurate weather forecasts. Plugin’s blockchain solution provides verifiable decentralized weather data.
Problems of Existing Meteorological Information Technology
Weather information platforms collect weather-related information from distributed radar and satellite systems. This is useful for gathering data from remote parts of the world, but limits the scope of weather forecasts to wider geographic areas such as cities and states.
These general weather forecasts don’t provide details on how the weather will change in a particular street or neighborhood. However, having this type of information enables businesses to make informed decisions.
Why Industry Needs Better Weather Data
Weather data is collected worldwide in a variety of ways, but the most popular data collection methods are satellites and hyperlocal sensors. Satellites cover a wide range of geography, but compromise the accuracy of certain areas where translocal data can arbitrate. Hyperlocal data collection is the most efficient form of data collection.
One of the largest industries that relies on weather updates is agriculture, and the more detailed the weather forecast, the better. While blockchain technology can facilitate the problem, making that information available to farmers around the world will be a challenge.
The future impacts of climate change require better weather information for agriculture. IPCC Chairman Lee Hoe-seong said, “The next few years will play a decisive role in the climate change situation of this century. This is why an up-to-date assessment of mitigation is more important than ever.”
Why extreme weather increases the importance of weather data
From aviation and agriculture to automobiles and transportation, many industries are heavily impacted by meteorological events such as fog, freezing rain, thunderstorms, strong winds or falling temperatures.
The current increase in extreme weather events, accelerated through climate change, is significantly increasing the importance of detailed weather data from reliable systems.
Advantages of putting weather data on the blockchain
As every industry is disrupted by new technologies, blockchain provides immutability, trust, security and decentralization to outperform competitors. Placing weather data at the granular level of the blockchain enables many use cases with real-time data at the push of a button.
An alternative is a centralized data structure that is vulnerable to malicious attacks and system failures.
XDC’s Plugin Decentralized Oracle Network provides adequate support here.
How plugin weather forecast node (plugin WFN) solves weather data problem
plugin, a decentralized oracle built on the XDC network provides decentralized weather data. This data is collected and processed by registered weather stations (hyperlocal sensors) deployed in many locations around the world.
Weather data from this node is collected, processed, and pushed into a data lake in near real time. This can be highly scalable with similar units globally, forming a great data lake.
The information gathered from the data lake is at a granular level. Each weather unit has latitude and longitude coordinates tagged with data. This provides cryptographically signed weather information when uploaded to the plugin blockchain, so anyone who needs weather information for a smart contract can verify the source. You may not falsify or falsify source information.
Plugin WFN data providers are justly rewarded for providing weather data that plugins fuel important for the future. Regular checks are carried out on registered meteorological nodes for quality measurement.
This weather data is needed for validation and validation of crop insurance claims that provide compensation when certain conditions are met due to extreme weather events caused by climate change. It can also be used by commodity investors or even logistics companies to reroute cargo onshore in case of prolonged adverse weather conditions in case of drought.
How a system of plugins is building a new economy
The Plugin Weather Forecast Node use case established by the plugin on the XDC network brings data from different regions of the world to a granular level. Plugin’s data lake will build a new economy, a decentralized world of the future, through efficient data processing in various units around the world.
use Distributed Application UI, users can obtain real-time or near-real-time data from weather devices currently deployed in their area. By selecting ‘Country’, ‘State’ or ‘City’, users can view data at the latitude/longitude level. You can drill down to a granular level by activating more filters.
This data can be pushed to the blockchain using smart contracts and trigger events to make insightful decisions.
The plugin weather forecast node is currently open to community members. It will improve the efficiency of many industries including agriculture, aviation and insurance in the near future.
The plugin (Ticker PLI) is listed on various cryptocurrency exchanges such as Bitrue, Liquid, HitBTC, and Globiance.