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Plugin-Ambient Weather Partnership: Empowering Today’s Society with Smart and reliable Weather Systems

The global climate is changing rapidly as compared to the pace at which natural variations occurred in the past. And with the climatic changes, previously unseen occurrences that could hinder many day-to-day operations in society are becoming too common.

For instance, global temperatures rose by roughly 1.8 °F between 1901 and 2016. The high temperatures are worsening and making frequent different types of disasters—heat waves, storms, floods, droughts, etc. Warmer climates are also creating atmospheres that collect, retain, and dump more moisture, changing weather patterns in a way that wet areas become wetter and dry areas become drier. Increased drought, intense floods, and storms are causing numerous public health and safety concerns.

As well, the increased unpredictability of weather patterns is posing risks to numerous weather-dependent activities—including but not limited to agriculture, travel, education, sports, etc. Given that some of these activities touch on the social and economic wellbeing of our societies, increased unpredictability in weather poses significant challenges to populaces globally.

While unpredictable weather poses a threat to day-to-day activities, all is not doom and groom. Unique partnerships leveraging smart weather forecasting and decentralized data-transfer protocols are making it possible for the inception of technologies that can point out weather changes or any related events in real-time. The innovations are giving stakeholders the ability to verify weather patterns that may affect their activities, further improving how society interacts with the ever-changing climatic conditions.

To highlight the importance of unique partnerships in unlocking the potential of smart weather management systems, let’s look into the recently concluded Plugin-Ambient Weather partnership and why it matters.

Plugin-Ambient Weather Partnership: Why does it matter

With the rise in demand for accurate weather forecasts in day-to-day activities, the Plugin–Ambient weather partnership avails users with more options regarding smart weather stations for homes, businesses, farms, and more. As well, the partnership avails network members with an option to become data providers.

Given that ambient weather is available globally, the partnership allows users of ambient weather’s smart weather stations to participate in gathering weather-related data and claim the rewards therein.

Worth noting: The basic criteria a user needs to meet to participate in Plugin WFN’s use case as a data provider include; having uninterruptible power and Wi-Fi, and outdoor space to install an Ambient weather station. These preconditions ensure seamless data transfer via an approved Ambient sensor.

Plugin–Ambient Weather Partnership: How can users Participate

Individuals or organizations that are interested in smart weather systems and willing to be part of Plugin WFN project must first purchase Ambient Weather’s smart weather system. Upon acquiring and installation of the smart weather forecast station, the user should go ahead and connect their device to Plugin’s portal. The registration process involves generating an ‘applicationkey’ & ‘apikey’ to register the new device.

Upon creating the appropriate API keys for their device, users will have to check if their sensors transmit data to the ambientweather.net portal. Thereafter, users will be required to submit their device’s applicationkey, apikey, latitude, longitude, country, state, city, zip code, and wallet address to Plugin’s portal. If the data is satisfactory, team Plugin will approve the user’s node.

Once approved, a user will be required to stake 1000 PLI & 5000 XDC to register as a data provider for Plugin WFN. After staking is done successfully, a user will receive an approved WFN device ID for their node, allowing the user’s sensor to gather weather-related data for Plugin WFN’s project. Thereafter, a user can claim their reward for providing weather-related data.

Interested users can view the detailed step-by-step process here.

What are the likely benefits of Plugin–Ambient Weather Partnership
Increasing Utility for Weather Forecast Data

Previously, weather intelligence systems relied upon distributed radar and satellite systems to gather data. While the data has been useful, it has been general in nature, thus limiting its scope. Particularly, such data has lacked accurate and real-time aspects that help businesses make more informed choices.

On the other hand, generic weather forecasts from distributed radar systems produce raw data that’s relatively expensive, confusing, and inaccessible to many end-users. The raw data is often nested within weather stations in airports, government agencies, and academic institutions. As well, the data is released to the public via endpoints controlled by centralized organizations like the National Oceanic and Atmospheric Administration (NOAA), National Aeronautics and Space Administration (NASA), the World Meteorological Organization, etc. Many a time, released data sets aren’t in real-time and may be complicated, necessitating expert assistance to digest the data for ordinary end-users.

However, the Plugin–Ambient weather partnership solves these problems. With decentralized weather forecast sensors (made possible via Ambient weather’s smart solutions), Plugin collects highly granular data that’s cryptographically signed before being uploaded onto PLI’s blockchain. Thanks to the partnership, data users can verify the provenance of the data by checking the coordinates tagged with the data.

What’s more, the decentralized, yet highly trustworthy, nature of collected weather forecast data increases the accuracy, accessibility, and user-friendliness of climate data. It also lowers the costs of climate data. The resulting ease-of-use and ease-of-access to highly accurate and verifiable climate data give autonomy to end users that could not previously acquire the data and make appropriate decisions. The increased access to data opens-up opportunities for numerous use-cases that leverage the diverse nature of climate data. Some unique examples include crop insurance and logistics.

Reducing Climate-Related effects globally

The Plugin–Ambient weather partnership also unlocks benefits and synergies that have significant potential to reduce climate-related effects. With highly granular data and improved provenance, the partnership holds the key to unlocking efficiencies in agriculture, disease control, conservation, humanitarian and military operations, and mitigating climate-related challenges.

In agriculture, for instance, highly granular data that’s made possible by the partnership will help alleviate challenges straining the agriculture production system. Worth noting, projections show that the agriculture sector will have to feed roughly 9.8 billion people by 2050. Accompanying the rising population is a multiplicity of adverse environmental effects that put significant strain on the productivity of previously valued arable regions. These strains are projected to increase given the predicted extreme weather conditions and increasing effects of global warming.

Nonetheless, food production systems can benefit from highly accurate and granular data—availed by the partnership between Plugin and Ambient weather.

For instance, farmers and food providers can benefit from accurate and real-time climatic data in many ways. In particular, having highly granular data on weather patterns helps food producers make accurate decisions before, during, and after their production cycles. With climate change requiring farmers and breeders to respond to changes faster and in smarter ways, data-driven decentralization of weather forecasting (as seen in the Plugin – Ambient weather partnership) can improve predictions and improve breed selection in dynamic production environs. Improvements in breed selection will result in increased productivity.

On the other hand, decentralized data collected via Ambient’s weather sensors has the potential to improve humanitarian and national security issues relating to climate change. With natural disasters becoming more catastrophic and displacing large populations, national security agencies in different countries have to rely on smart and highly accurate data to optimize their response to adverse climatic events.

In the recent apocalyptic floods in Southern Asia, for instance, the highly granular data collected by Plugin can help key stakeholders improve the preparation and response to such disasters. Specifically, the highly accurate data availed in real-time can allow security agencies to allocate resources (food supplies, manpower, and equipment) where most needed before, during, and after a natural disaster. Improved planning can help save lives and prevent misuse of vital resources during such events.

Nurturing Sensing-as-a-Service (SEaaS) model

Sizeable networks of sensors are in use today. And there’s numerous potential in data collected by these nodes, globally. Be it weather stations tracking atmospheric changes or shipping trackers, the SEaas model has the potential to create passive revenue streams as well as provide resources for important enterprises.

In this context, Plugin–Ambient Weather partnership pioneers the SEaaS space by leveraging blockchain and remote sensors availed by ambient weather’s smart weather solutions. Through the partnership, users in ambient weather’s network can leverage the partnership to earn some benefits. On the other hand, the incentives offered, and the automatic manner in which data is collected and transmitted guarantees the accuracy and verifiability of data gathered through the Plugin and Ambient weather set-up.

While the partnership unlocks synergies associated with weather forecast data, it also highlights the potential held by solutions employing blockchain-based smart contracts and decentralized data nodes. It also highlights the possibilities that blockchain and decentralized data providers can achieve by ensuring the verifiability of data without centralized organizations checking and rechecking the data for accuracy.

Ultimately, a vibrant SEaas space will help unlock new economies and improve benefits to organizations, governments, and the entire society.

Final Thoughts

With the increasingly changing and unpredictable climatic patterns, more industries are experiencing previously unseen challenges. Some of these industries play very crucial roles in our society, and mitigating the ensuing climate effects is paramount. Though numerous solutions to climatic change and its effects exist, decentralized tech holds a lead position in providing sustainable results.

In line with these views, the partnership between Plugin and ambient weather guarantees accurate, verifiable, and highly granular climatic data. The data, which is availed in real-time, provides some important insights to guide vital activities in agriculture, disease control, humanitarian initiatives, conservation, etc. The smart climatic weather data systems also unlock an array of opportunities in a variety of weather-dependent industries

That said, Plugin-Ambient weather’s partnership makes significant contributions toward empowering today’s society through accurate, and verifiable weather data.

For more information, kindly visit the following links:

A). Plugin

Twitter
Plugin Website
Plugin WFN user interface
Plugin WFN – Ambient weather unit onboarding instructions

B). Ambient Weather

Twitter
Ambient Weather Website

 

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Crypto

Near Protocol Collapses Despite Rounded Bottom, Is $6 Possible?

NEAR price continues to struggle on both low and high timeframe despite showing signs of recovery in recent times. 
NEAR price trades in a range as the price looks set for a retest of key support areas.
The price of NEAR fails to break above resistance despite forming rounded bottom on the daily timeframe. 

Near Protocol (NEAR) has struggled with the less bullish scenarios as many traders and investors are beginning to get fed up with the price action as the price fails to have a relief bounce against tether (USDT). Near Protocol has shown little or no glimpse of relief bounce as the price aims for a retest of its support region at $3. With the current market looking more promising ahead of more relief bounces from altcoins, there are doubts about Near Protocol as the price isn’t as promising as others. (Data from Binance)

Near Protocol (NEAR) Price Analysis On The Weekly Chart
Weekly NEAR Price Chart | Source: NEARUSDT On Tradingview.com

Most crypto projects have found relief in the new month, with altcoins such as BTC, ETH, and even XRP continuing to show strength after weeks of downtrend movement.

The price of NEAR is not looking promising as it continues to move in its downtrend range despite attempting to break $6 and trend above this resistance.

Following a rejection from $6, the price retested its $3.5 support area. Since then, the price has struggled to recover and trend above this support level, with many traders and investors concerned about their NEAR positions.

The weekly price for NEAR closed bearish ahead of a new week, with the price opening with a range price movement, creating mixed feelings as regards the recovery of NEAR. For NEAR price to resume its bullish trend, the price needs to break and close above $6.

Weekly resistance for the price of NEAR – $6.

Weekly support for the price of NEAR – $3.5.

Price Analysis Of NEAR On The Daily (1D) Chart
Daily NEAR Price Chart | Source: NEARUSDT On Tradingview.com

On the daily timeframe, the crypto market cap price remains bullish, holding support at $850 billion ($850B); this has aided most altcoins, but not NEAR, which remains in a range-bound price movement with little price movement.

The current price of NEAR is $3.68, as the price remains below the 8 and 20-day Exponential Moving Averages (EMA), unable to break above this region. The price of $3.75 corresponds to the 8 and 20-day EMA values acting as support.

A break above this resistance region could signal a little relief for the NEAR price that has maintained a downtrend for a long.

Daily resistance for the price of NEAR – $6.

Daily support for the price of NEAR – $3.6.

Featured Image From zipmex, Charts From Tradingview

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Crypto

Bitcoin Shocker: Lightning Network Capacity Reaches 5,000 BTC

The Bitcoin Lightning Network has marked another tremendous milestone. The total public capacity had surpassed more than 5,000 BTC for the first time in history, continuing along with the growing trend of 2022. This new milestone pushes further the capability and promise of the Bitcoin Lightning network. Just like always, there was a reason behind the big push.

Bitcoin Development Ramping Up

The continuous development of the bitcoin network has been a big part of why the digital asset remains so valuable today. Being the largest decentralized network in the space, there are always developers looking for new ways to leverage the offerings of the bitcoin network and push it further into the mainstream.

Lightning Labs is a development firm that continues to focus heavily on bitcoin development and was behind the new all-time high Lightning network capacity. The developer had expanded the channel capacity of River Financial and Loop, allowing for the network to be able to accommodate even more BTC. It also follows the introduction of the new Taro Protocol, whose code was posted for public dissection last week as Lightning Labs continue to expand the capabilities of the bitcoin network.

Lightning network reaches new milestone | Source: Arcane Research

The Bitcoin Lightning network is also becoming increasingly popular among BTC users. MicroStrategy, which holds a large investment position in BTC, made the news when it posted a job offer seeking a full-time lightning network engineer. Apparently, the firm is looking to build a Lightning network-based SaaS platform for e-commerce and enterprise use cases.

Taro Protocol, mentioned above, is working towards making it possible for developers to mint, send, and receive new tokens on the bitcoin blockchain. Take the Ethereum ERC tokens as an example. It will also expand the possibilities of NFTs on the bitcoin blockchain, as well as allow for the creation of stablecoins that are based on the bitcoin blockchain. 

BTC price settles above $20,000 | Source: BTCUSD on TradingView.com

The Lightning Network is also increasingly featured in crypto payments services due to its speed. El Salvador had adopted the Lightning network to make it easier to pay with BTC in the country, and digital payment provider Strike raised $80 million in September to expand its Lightning network-based payment solutions for merchants.

Layer 2 solutions like the Lightning Network are also expected to be more important to the bitcoin network going forward. Cardano founder Charles Hoskison recently revealed that he expects the majority of BTC will likely exist outside the bitcoin network in the next five years and be wrapped in these Layer 2 solutions.

Featured image from Coindesk, charts from Arcane Research and TradingView.com

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GMX Token, Arbitrum Favorite Get Listed On Binance, What Next?

GMX price continues to show bullish strength as price increases on all timeframes, as there is no sign of retracement. 
GMX is one of the arbitrum favorites listed on the Binance innovation trading interface. 
The price of GMX holds above support as price trends on the daily timeframe to create new all-time highs.  

GMX token (GMX) has continued to look bullish as the price trend week in week out on the Arbitrum network as GMX token gets listed on Binance innovative center. The price of GMX has seen a rosy start to its launch despite its emergence in the bear market; the price continues to trend and remain bullish even in the face of uncertainty in the market. With the current market looking more promising ahead of more relief bounces from altcoins, we could see the price of GMX token (GMX) doing extremely well. (Data from Binance)

GMX Token (GMX) Price Analysis On The Weekly Chart

The new month has come with more relief for most crypto projects, with altcoins, such as BTC, ETH, and even XRP, continuing to show strength after weeks of downtrend movement. 

The price of GMX has continued to show its bullish strength despite being rejected from the $60 mark as the price tried to trend higher, creating a new all-time high.

After a rejection from $60, the price retested its support area of $37 as price quickly bounced off, rallying with great strength to $50. With the current bullish structure, GMX has continued to sustain it is just a matter of time before the price retests its all-time high.

The weekly price for GMX closed bullish ahead of a new week, with the price opening with a more bullish sentiment. The news of the token being listed on the Binance innovation zone is a big plus for the price of GMX.

Weekly resistance for the price of GMX – $60.

Weekly support for the price of GMX – $37.

Price Analysis Of GMX On The Daily (1D) Chart
Daily GMX Price Chart | Source: GMXUSDT On Tradingview.com

On the daily timeframe, the crypto market cap price remains bullish, holding the support at $850 billion ($850B); this has helped most altcoins, including the price of GMX; despite losing its uptrend line, the price has continued to show great bullish strength to reclaim this region. 

The current price of GMX is $49.8 as the price continues to trade above 8 and 20-day Exponential Moving Averages (EMA) after flipping this into support for GMX price. The price at $40 corresponds to the values of 8 and 20-day EMA acting as support.

Daily resistance for the price of GMX – $60.

Daily support for the price of GMX – $37.

Featured Image From zipmex, Charts From Tradingview

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