Etherisc Integrates Chainlink To Access Floodlight Satellite Data

Twitter icon  •  Published 2 weeks ago  •  Hassan Maishera

Chainlink announced via Twitter on Wednesday that the Decentralized Insurance Protocol, Etherisc, has integrated Chainlink on Polygon to help power the world’s first on-chain decentralized insurance protocol. T

Chainlink announced via Twitter on Wednesday that the Decentralized Insurance Protocol, Etherisc, has integrated Chainlink on Polygon to help power the world’s first on-chain decentralized insurance protocol. The integration gives Etherisc access to Floodlight’s weather data on-chain, enabling them to create natural disaster insurance smart contracts for its users. Ultimately, this empowers reforestation projects that provide carbon offsets, such as Coorest, to better protect against the financial risk of wildfires, floods, and storms and improve capital efficiency.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by 6% over the past 24 hours and is trading at $6.442 at press time.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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