Web3 to receive AccuWeather data directly from the source via Airnode
AccuWeather has launched its AccuWeather API on Web3 using API3’s Airnode to deliver weather data to decentralized applications (dApps). Airnode is a serverless utility that allows API providers to seamlessly create first-party oracles that bring Web2 APIs onto the blockchain without relying on middlemen.
By running its own oracle node, AccuWeather will further establish itself as a foundational data provider in the developing dApp space through direct interaction with decentralized developers and data consumers. Airnode also enables data providers to access benefits that are inherently unavailable via third-party oracles due to the incorporation of middlemen, most notably direct monetization due to API providers operating their own nodes. The technology’s first-party architecture offers an incredibly scalable solution as AccuWeather looks to increase data production and delivery.
With Airnode, the AccuWeather API will seamlessly provide Web3 developers with its numerous weather-related endpoints. This data can be leveraged across a number of dApps serving user needs including:
- Parametric Insurance: For insurance operations automated and processed leveraging blockchain technologies, such as crop protection or travel insurance, accurate weather data identifying a severe natural trigger or pattern is often critical in the the efficiency and accuracy of processing claims and providing relief — often in circumstances where time is of the essence.
- Simulated Metaverse Experiences: As metaverse experiences continue to enhance and more closely emulate real-world occurrences, interactive events based in specific simulated locations desire accurate weather data to bolster realism.
- Weather Derivatives: Accounting for, and indexing, historic weather patterns and referencing accurate data to predict forthcoming forecasts are key components to the success and accuracy of weather derivatives, and are impactful for organizations looking to hedge against risks related to significant weather disruption.
For data consumers, the first-party oracle model offers improved source transparency, given data is delivered directly from one reputable source, and lower costs for data consumers due to less entities involved in the information exchange process (third-party oracle node operators, additional API providers).
“As legacy organizations and new projects alike turn to blockchain technology to enhance or innovate processes, the need for transparent and reliable data has increased tremendously, and AccuWeather is a prime example of commitment to bringing value to the decentralized space — straight from the source, directly to dApps,” said Heikki Vänttinen, co-founder of API3. “We look forward to seeing the positive impacts of the AccuWeather API across all sectors, from insurance the metaverse.”
To learn more about Airnode, visit https://api3.org/airnode.
See Also: AccuWeather Benzinga Yahoo
About AccuWeather
AccuWeather, recognized and documented as the most accurate source of weather forecasts and warnings in the world, has saved tens of thousands of lives, prevented hundreds of thousands of injuries and tens of billions of dollars in property damage. With global headquarters in State College, PA and other offices around the world, AccuWeather serves more than 1.5 billion people daily to help them plan their lives and get more out of their day through digital media properties, such as AccuWeather.com and mobile, as well as radio, television, newspapers, and the 24/7 AccuWeather Network channel and AccuWeather NOW streaming service. AccuWeather For Business serves more than half of Fortune 500 companies and thousands of businesses globally.
AccuWeather produces and distributes news, weather content, and video for more than 180,000 third-party websites. Among AccuWeather’s many innovative and award-winning features available free to the public are MinuteCast® forecasts with Minute by Minute® updates and Superior Accuracy™, the patented AccuWeather RealFeel Temperature® current conditions, and AccuWeather RealImpact™ scale for Hurricanes. Dr. Joel N. Myers, Founder and Chief Executive Officer, established AccuWeather in 1962 and is considered the “father of modern commercial meteorology.” Dr. Myers, a leading creative thinker and visionary, has been named “the most accurate man in weather” by The New York Times and one of the top entrepreneurs in American history by Entrepreneur’s Encyclopedia of Entrepreneurs.
AccuWeather, RealFeel, MinuteCast, Minute by Minute, Minute by Minute Forecasts, and Up to the Minute are all registered trademarks of AccuWeather, Inc. AccuWeather RealFeel Temperature, RealFeel Shade, WinterCast, AccuWeatherIQ, AccuWeather RealImpact Scale, AccuWeather RI, AccuWeather MinuteCast, AccuWeather Network, ClimateReady and Superior Accuracy are all trademarks of AccuWeather, Inc. All other trademarks, product names and logos are the property of their respective owners.
The AccuWeather app for Android phone and tablet users is free at the Google Play store. The AccuWeather iOS app is free at the Apple store. Visit accuweather.com for the most accurate hyperlocal forecasts, weather news and information.
About API3
The API3 Foundation is a Decentralized Autonomous Organization (DAO) leading the movement from legacy third-party oracle networks to first-party oracle solutions that deliver more security, efficiency, and regulatory compliance. Powered by Airnode first-party oracles, API3’s Decentralized APIs (dAPIs) are decentrally controlled and blockchain-native data feeds with quantifiable security.
