A transparent, decentralized marketplace where climate data, forecasts, and models are standardized, monetized, and distributed.
An immutable record for climate data releases to avoid disputes and errors
Open marketplace where all data and forecasts have impartial "skill scores" that makes it easy for consumers to shop for climate data
Creates a distribution mechanism for data publishers and forecasting entities to monetize their work
End stagnation in the climate data industry and bring increased access, lower costs, better security, better
accuracy, and both wider and deeper data coverage — to the benefit of all participants.
dClimate's base layer is built on Ethereum, and the network leverages Chainlink's leading decentralized oracle network to facilitate on-chain validation and support for dClimate's governance layer. dClimate starts with a foundation of over 1,000 terabytes of cleaned, standardized climate data and a strong anchor client in Arbol, a leading parametric weather risk platform.
Decentralized Data Validation
dClimate creates an open marketplace where all data and forecasts have impartial “skill scores’’ to make it easier for consumers to shop for climate data. The dClimate marketplace leverages Chainlink’s widely adopted oracle network for retrieving climate data and validating associated skill scores on-chain.
The dClimate founders are also the founders of Arbol Inc., which will serve as an anchor client for the network. They have decades of combined experience in senior leadership roles across several industries, including finance, commodities, technology, AI, and data science.
Mathew Di Salvo
dClimate works to provide businesses and entities with climate data. It provides a data marketplace for anyone from farmers to governments who need information about the climate so they can build projects or plan for future disasters. It relies on blockchain to cut out the middlemen and connect buyers and sellers of such data directly.
“There is no reason why there can’t be an AMM [automated market maker] that offers various types of insurance. That is what gets me excited about dClimate,” Cuban said in an email to CoinDesk. “What they are doing is just the beginning.”