AccuWeather, a weather data provider, has announced its integration with the secure blockchain Chainlink to launch a Chainlink node, allowing it to place its weather APIs directly onto blockchain-based smart contracts.
“Innovation is in our DNA at AccuWeather and integrating Chainlink demonstrates another way in which we deliver best-in-class products to users and consumers in a diverse and growing number of platforms and spaces,” Kurt Fulepp, Global Chief Product Officer of AccuWeather, continued, “As one of the initial weather-related data products to join Chainlink, we are thrilled to expand our reach in bringing value to the emerging blockchain-based market.”
Weather Data Is Brought into Smart contracts by Running a Chainlink node
According to AccuWeather, some initial smart contract use cases can enable, including parametric crop and natural disaster insurance for regions where it’s currently inaccessible, weather prediction markets for hedging for in case droughts or sea level rises, supply chain automation to forecast alerts, and digital artwork using NFTs.
AccuWeather is one of the most effective sources of weather forecasts and warnings in the world. AccuWeather serves more than 1.5 billion people daily through its global headquarters in State College, PA, and other offices around the world.
Its data assists people to plan theirs by offering a range of digital media properties, such as the AccuWeather.com website, mobile, radio, television, newspapers, and the 24/7 channel.
MinuteCast® Minute by Minute™ forecasts and Superior Accuracy™ are among its innovative and award-winning features available free to the public.
AccuWeather and Chainlink Make a Great Team
Chainlink is an Ethereum-based standard oracle network of decentralized blockchain. Its the largest collection for high-quality data sources and secure off-chain computations allowing off-chain data to be expanded into smart contracts.
Recently, the crypto exchange Kraken also partnered with the blockchain to launch a Chainlink node for supporting price predictions on decentralized finance (DeFi) apps. In addition, Chainlink’s native token, LINK also was added to the digital asset investment firm Grayscale’s investment fund.