Can Blockchain Affect Weather Technology?

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Blockchain
Can Blockchain Affect Weather Technology?

The rise of blockchain technology has been attributed to the increasing number of businesses incorporating it into their operations. Although blockchain is commonly associated with the financial industry, it has various use cases in other sectors yet to realize its potential fully. One of these is weather technology.

How Blockchain Affects Weather Technology

The idea of using the blockchain to monitor and manage the weather sounds crazy, but it’s not. It could benefit businesses as it allows them to manage their risks. Around 70% of all businesses are exposed to weather-related risks. This sector could benefit from the technology’s capabilities and be used to revolutionize its operations.

Blockchain technology can affect various sectors regarding weather technology. Here are some of the advantages blockchain brings to the weather sector;

Data Security

The rise of blockchain technology has disrupted traditional industries. Its ability to provide secure and immutable decentralization has made it more popular than its competitors. For instance, users can monitor and manage their local weather conditions by integrating weather data into the blockchain. Unfortunately, traditional data structures can be prone to security breaches.

One of the companies trying to make a difference in the world of weather in this way is Telokanda. This open-source startup developed a blockchain-based platform for collecting and disseminating weather data. The company, founded by a former NASA and Boeing engineer, has partnered with Telos, a blockchain startup. These weather balloons collect and transmit temperature, wind speeds, humidity, and atmospheric pressure data.

The data collected by the weather balloons are then stored on the blockchain of Telos. Telokanda can provide first responders with 24-hour warnings about severe weather through this platform. The company is also developing a text messaging service that will notify the public when the weather conditions become severe.

Measurement and Reporting

The potential of blockchain technology to improve the efficiency and effectiveness of reporting and measurement in combination with the Internet of Things and artificial intelligence is immense. It can help develop effective strategies to address climate change, deforestation, and desertification.

Blockchain smart contracts are secure and zero-cost mechanisms that enable organizations to connect to positive or negative environmental changes. Organizations can use it to incentivize financial incentives or the release of crypto based on an observation of the environment. For instance, if a village has an IoT-based monitoring network that continuously monitors the atmosphere, authorities can release a certain amount of crypto to the community based on the observed reduction in greenhouse gas emissions.

Enforcing Recycling Efforts 

Due to the lack of incentives, many people don’t participate in recycling programs. That is why it isn’t easy to track and compare the effectiveness of these programs. Cities are responsible for running recycling programs, and it’s common for them not to have programs.

A blockchain-based recycling program could encourage people to participate in the process by rewarding them with a cryptocurrency token for recycling certain types of objects, such as plastic containers and bottles. Similar programs have already been established in various countries.

It would be very easy to track the various details of a recycling program, such as its cost, profit, and volume. It would also allow companies and individuals to evaluate the effectiveness of their efforts.

Plastic Bank is a project that aims to turn plastic waste into currency by establishing collection centers in third-world countries. People can deposit their used plastic in these facilities and exchange it for various services, such as phone charging. They are currently working on a blockchain-based app allowing users to exchange plastic for cryptocurrencies.

Another blockchain-based dApp that’s currently in development is called RecycleToCoin. The platform will allow people to exchange their used plastic containers for a token through automated machines in Europe and worldwide.

Green Digital Asset Solutions

Despite the widespread criticism of the digital asset industry’s high energy consumption, this accusation is not entirely accurate. Instead, it should be pointed out that blockchains are not only energy efficient, but they also support climate change initiatives.

Despite the widespread use of cryptocurrencies, few climate initiatives use them. For instance, Algorand’s blockchain is carbon neutral. Also, the crowdfunding platform Kickstarter is working on a platform that will allow people to raise funds for climate change. SavePlanetEarth is currently testing the use of NFTs on the Phantasma blockchain.

The game is on, and platforms are transitioning toward more sustainable energy sources. One of these is the Polkadot blockchain.

The increasing interest in voluntary carbon markets and the development of new green digital asset solutions have opened the door for creating new commodities that can be used as a reward for reducing greenhouse gas emissions. These include green utility tokens, which can reduce carbon emissions. There are also green crypto, designed to be exclusively used for spending on green products, and green security tokens, designed to enable the issuance of green proof of impact reports.

Peer-to-peer Weather Data Exchange

The lack of a comprehensive understanding of the various processes involved in the atmospheric environment can lead to inaccurate weather forecasts. These forecasts are typically made based on data collected about the current state of the atmosphere and the expected changes in its evolution. However, with the help of WeatherBlock, a startup company, they have come up with a solution to the weather economy’s problems by improving the accuracy of these data.

WeatherBlock is a blockchain-based platform that aims to provide a peer-to-peer exchange of weather data. It’s developing a system that will use the latest technology to collect and interpret data related to the macro atmospheric circulation. That is very important for various industries as it allows them to improve operational efficiency and provide accurate weather forecasts.

Due to the increasing number of industries that rely on weather data, such as transportation, agriculture, and commercial drone operations, the need for high-resolution weather data is constantly increasing.

The WeatherBlock platform aims to transform weather forecasting by analyzing the data collected by trained observers and automatic weather buoys. It then uses this data to develop a comprehensive and accurate forecast. Through an assimilation process, the data is used in combination with a numerical model to produce a weather analysis.

Final Thoughts

The meteorological sector is diversifying and integrating with other fields, including blockchain. Blockchain presents a unique chance to provide data security, trust, and efficiency. 

Despite the potential of blockchain technology to integrate meteorological data, its implementation has been hindered by various technical issues. For instance, the lack of a standard meteorological detection system and the low-quality data collected have prevented the system from being fully utilized. In addition, blockchain technology cannot guarantee the authenticity of the data it collects.