Ambee, a company that supplies hyperlocal data on environmental factors in real time across the globe, and Razor Network, a decentralized oracle platform, have partnered to provide environmental data to blockchain applications and users.
“With this association, Razor Network will be compatible with high resolution data from Ambee, and will support APIs for air quality, weather, pollen, fire, soil, water vapour and more. This partnership will help developers on leading blockchain platforms use Ambee’s environmental data to develop a range of applications that apply blockchain to deepen problem solving for businesses that are affected by environmental factors and climate change,” an announcement informed.
Commenting on the partnership, Madhusudan Anand, CTO and Co-founder at Ambee, said, “One of the ways to address key environmental issues is by bringing in behavioural change among people. Blockchain technology has the potential to do this by building trust and making people accountable for their actions. It can play a key role in creating significant environmental impact. We are happy to partner with Razor Network to make our environmental data available on blockchain. It can help in finding solutions for pressing environmental problems. Blockchain developers can now use our hyperlocal real time air quality data for building financial products like crop insurance, risk assessment, ESG and climate-related financial instruments.”
Hrishikesh Huilgolkar, CEO, Razor Oracle Network, said, “Razor’s integration with Ambee API will be a foundation to help blockchain developers access secure and verified environmental intelligence data. This will address the problems of data reliability that exist in pollution monitoring and it will help developers to use this data to create applications that can be used by major Industries, Government Agencies and Healthcare companies worldwide.”
Razor’s oracle network is blockchain agnostic, which enables Razor’s solution to be used by developers irrespective of their platform of choice. Razor offers game theoretical security and a completely decentralized infrastructures.
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