💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

AccuWeather Announces Live Node on Chainlink, Making Weather-Based Blockchain Applications Possible

Published 12/15/2021, 08:11 AM
Updated 12/15/2021, 08:30 AM
AccuWeather Announces Live Node on Chainlink, Making Weather-Based Blockchain Applications Possible

AccuWeather, the world’s most accurate weather source, announced today that its wide range of world-class weather data insights including current temperatures, maximum and minimum temperature, and precipitation, are now available to blockchain applications through Chainlink, the industry standard oracle network. This marks the first time a major weather brand has arranged to accept cryptocurrency as a form of payment for weather services.

AccuWeather’s official Chainlink oracle node delivers critical weather data to blockchain applications, powered by smart contracts, to create new products and markets, such as weather predictions, hedging markets, and dynamic NFT art and games based on current weather conditions in localized regions.

The AccuWeather node broadcasts data across leading blockchains and cryptographically signs it, allowing users to know definitively that it originated from AccuWeather. Utilizing Chainlink as a universal gateway to blockchains, AccuWeather is extending the reach of its premier weather data into emerging markets, as well as support for the next generation of weather-related applications.

"Launching our official Chainlink node begins a new era of AccuWeather supporting blockchain-based markets, opening up increasingly sophisticated and globally accessible applications, spanning weather-related insurance and more," said Kurt Fulepp, AccuWeather Global Chief Product Officer.

"We look forward to seeing how hybrid smart contracts using AccuWeather data will create value for everyone from farmers to businesses, and organizations around the world." "AccuWeather is a trusted source for weather data and forecasting services around the world. Combined with smart contracts, AccuWeather's expansive collection of datasets can be used to power parametric insurance models across numerous global industries and securely optimize weather-dependent supply chains. Chainlink provides the time-tested oracle infrastructure that AccuWeather needs to enter blockchain-based markets and provide its premium weather data on-chain to accelerate smart contract innovation," said Will Janensch, Director, Data Providers at Chainlink Labs.

AccuWeather is a world leader in combining weather data, technology, and the insight of over 125 meteorologists with decades of experience to improve lives and businesses affected by the impact of changing weather and climate. In study after study of statistical weather forecast accuracy, AccuWeather has consistently proven to be the most accurate source of weather forecasts and warnings. AccuWeather offers a wide range of APIs based on location, forecasts, current conditions, indices, weather alerts/alarms, satellite imagery, and more.

EMAIL NEWSLETTER

Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

[contact-form-7] You can always unsubscribe with just 1 click.

Continue reading on DailyCoin

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.