Skip to main content

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...

African Weather Balloon Project Uses Blockchain to Track Climate in West Africa

According to the findings of one study, nearly 91% of deaths from natural disasters recorded between 1970 and 2019 occurred in developing countries. This study adds that such a high number of deaths is largely due to a lack of early warning systems and disaster management protocols.

Using Blockchain to Store Climate Data

It has been shown that improvements in technology can help to lower the number of lives lost as a result of flooding or cyclones. Unfortunately for third world countries, their poor access to centralized data which is used to predict weather patterns means the number of lives lost due to natural disasters remains unacceptably high.

It is this sad state of affairs that prompted individuals behind the Kanda Weather Ballon project and creators of the Telos protocol to seek an unusual solution to the problem — the use of the blockchain. Already, this project is reportedly empowering African university students to utilize the Telos blockchain to offer a viable solution for the lack of real-time and historical climate data in West Africa by building an entirely community-owned balloon network.

Telos Uptime and Minimal Storage Costs

Supporters of the Kanda Weather Balloon project believe that collecting data this way will enable communities to prepare for and recover from severe weather. Therefore, to learn more about this balloon project and how the blockchain makes this type of data collection cost-effective, Bitcoin.com News reached out to Nicolas Lopez. Lopez is a former software engineer with Boeing and the current chief engineer of Kanda.

Below are Lopez’s responses to questions sent to him via email.

Bitcoin.com News (BCN): Can you briefly tell us why weather tracking is important?

Nicolas Lopez (NL): The upper air observations with in-situ sensors are important because there’s currently very little data in this regard. Weather satellites are very good at measuring values near the ground but perform poorly in the middle of the atmosphere. Most weather models need data up to 35,000 feet or so to make good predictions about rainfall and even climate.

For example, we’ve seen instances where a single weather balloon launched out of Douala, Cameroon changes the initial model state by 5+ degrees Celsius 100 miles away over southeast Nigeria. Without this data, models rely on false data assumptions and perform very poorly over West Africa in particular. We are talking with weather company Climacell.org to demonstrate how only a few launch stations can greatly impact the accuracy of rainfall forecasts.

BCN: How does this work and why Telos?

NL: We use the Telos blockchain to store the data we collect from our launches. Most weather data is already difficult to obtain due to funding constraints by NOAA and the use of outdated data repositories. We use the blockchain because it has 100% uptime and low storage costs for small amounts of data. Also, the Telos smart contract allows us to send digital currency “mining” rewards to the launcher of the balloon in real-time.

We call it “mining” because atmospheric pressure always decreases with elevation and is difficult to fake by someone on the ground… much like how bitcoin hashes cannot be faked. When the sensor measures lower pressure values, it knows the balloon has been launched and sends Telos currency accordingly.

BCN: Do you have any plans of expanding this to other parts of the continent?

NL: Telos has active communities in Kenya, Zimbabwe, and Nigeria and they are growing. Telos was recently listed on Kucoin, which is widely used in Nigeria as an off-ramp for Telos to local currencies. Right now Kanda is working with university students in Nigeria, Ghana, and Cameroon, but we want to expand to other parts of Africa like Kenya, because of the large amounts of rainfall near Lake Victoria. We think we could add a lot of value there as well.

What are your thoughts on this story? Tell us what you think in the comments section below.

Comments

Popular posts from this blog

Earn up to 50% APY by Staking $GLQ on GraphLinq App

PRESS RELEASE. The newest utility token to offer staking to its users/holders is GraphLinq Protocol’s $GLQ. As of this article, $GLQ has 4,500+ holders according to etherscan, excluding GLQ holders on CEX like Kucoin, MXC, Gate. This is a great step for the future of the project as it will further incentivize more users to hold. Explore more about GraphLinq, its staking mechanism & steps to stake. What Is GraphLinq? GraphLinq – The No Code protocol for automating actions on-chain & off-chain, launched in just March 2021, has come a long way bringing users in the crypto space a never seen model of integrating blockchain automation on any blockchain-related/non-related task. The goal of the GraphLinq protocol is to allow users to interact blockchains with any connected system as effortlessly as possible without any prior knowledge of coding. GraphLinq ecosystem currently consists of an engine, an integrated development environment ( IDE ) & an app to provide automated...

Coinsquare launches Quick Trade mobile app with instant funding

One of Canada's largest crypto exchanges has launched a new mobile application designed to streamline the buying and selling of Bitcoin and Ethereum. Coinsquare , the Toronto-based digital currency platform, has announced a new mobile trading application designed to simplify the buying and selling of cryptocurrencies in Canada.  Quick Trade was officially unveiled Monday, allowing commission-free transactions of Bitcoin ( BTC ), Ethereum ( ETH ), Litecoin ( LTC ) and Bitcoin Cash ( BTC ). A total of 15 trading pairs are available at launch, with “many more digital assets to be onboarded over the coming months,” the company said. The app is available on Android and Apple devices alongside Coinsquare’s existing mobile application, which is an extension of its web-based trading platform. In addition to commission-free trades, the new app allows for instant account funding via Interac e-Transfer – a considerable upgrade from Coinsquare’s current funding window, which can take up t...

Blockchain identity market to grow $3.58B by 2025, report claims

A new forecast for the global blockchain identity management market expects growth at a compound annual growth rate of almost 71% during 2021-25. A new report on the potential for blockchain identity management solutions to become integrated across sectors has forecast strong growth for its global market, at a compound annual rate of close to 71%. The report grounds its predictions on a study broken down into segments: by sector – e.g., government, healthcare, banking, financial services and insurance (BFSI) – geography, and applications. It was published by the Lyon-headquartered market research solution provider ReportLinker.  Drawing on an analysis of several existing blockchain identity management market vendors – Accenture, Amazon, Bitfury Group, Civic Technologies, and others – the report expects the total global market to grow by $3.58 billion between 2021 and 2025. Related:  The future of DeFi is spread across multiple blockchains The study’s baseline assumption...