Express

Chainlink Will Provide Weather Data For Insurance Startup Arbol

Lily Yang

Summary: Chainlink will provide data for insurance startup Arbol to help farmers and business hedge against weather risks, as reported by Coindesk. Arbol is an insurance provider for small to medium-sized farmers. When a preset value is different from contract stipulation, smart contracts will pay out claims to the subscriber. One of Chainlink’s data sources will ...

Chainlink will provide data for insurance startup Arbol to help farmers and business hedge against weather risks, as reported by Coindesk.

Arbol is an insurance provider for small to medium-sized farmers. When a preset value is different from contract stipulation, smart contracts will pay out claims to the subscriber.

One of Chainlink’s data sources will be the National Oceanic and Atmospheric Administration (NOAA). According to Arbol Founder and CEO Siddhartha Jha, tamper-resistant is necessary for parametric insurance products without middlemen.

By Lily Yang

Last Update:

Tags: ,
Link: Chainlink Will Provide Weather Data For Insurance Startup Arbol   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 4 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 11 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 13 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 15 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 18 days ago
  • You need to login to comment.