Use Case for Blockchain & Crypto Found in Community Powered Weather Forecasting | Crypto

Use Case for Blockchain & Crypto Found in Community Powered Weather Forecasting

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-WeatherXM is a company that is using blockchain-based data verification with crypto incentives to get people worldwide to capture their local weather data for more accurate forecasting.
-The company is deploying a new infrastructure of community-powered weather stations built with blockchain-based oracle hardware.
-The native utility tokens of the network are WXM and Data Credits (DC).
-Using the crypto incentives, WeatherXM has transparent and fair mechanisms that will make sure that once value is produced and obtained by a third party, it will circulate back to the community.
-The creators of WeatherXM say decentralization is inherent to the project.
-By allowing individuals to deploy their own stations in a given location it creates a by the people for the people – type approach to weather data collection, rather than a major centralized enterprise.
-The developers incentivize weather miners through rewards based on location and data quality.
-Roughly one-third of the global economic activity is highly weather-sensitive, such as international trade and shipping and the agriculture industry.
-For ordinary people, knowing the weather might affect clothing choices. For businesses, it has a major impact on the ability to waste or save resources.
-WeatherXM has used its collected weather data to service extensive operations like the Athens International Airport and a major regional telecom provider.

Use Case for Blockchain & Crypto Found in Community Powered Weather Forecasting

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