WeatherXM: Decentralizing Weather Data with Web3 and IoT

Monday, June 3, 2024 12:05 PM
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WeatherXM: Decentralizing Weather Data with Web3 and IoT cover

WeatherXM is revolutionizing weather forecasting by leveraging Web3 technology and IoT to create a decentralized network of weather stations. This approach allows for more accurate and hyperlocal weather data, accessible to everyone from farmers to scientists. The community-driven network encourages users to contribute data from their own weather stations, enhancing the overall reliability of the information. By integrating IoT devices with blockchain networks like Helium and Filecoin, WeatherXM ensures data security and scalability. Station owners are rewarded with the platform’s native ERC-20 token, WXM, which became tradable on Uniswap v3 and other platforms on May 30. The technology has real-world applications in agriculture and disaster preparedness, with a focus on providing accurate weather data to remote and developing regions. WeatherXM aims to expand its network globally and improve data collection, recently raising $7.7 million in a Series A funding round.