The environmental monitoring organization PlanetWatch tested devices for monitoring air quality.
The environmental monitoring organization PlanetWatch tested devices for monitoring air quality and obtaining accurate meteorological data that will be stored on the Algorand blockchain.
Algorand employee Kati Callaghan (Kati Callaghan) said that the devices are stationary sensors installed on homes, and mobile devices that you can carry and even fasten on public transport. For the collection and provision of data, sensor owners will receive PLANET tokens.
The received data is downloaded to the system in real time, and after verification it is stored in the blockchain and is in the public domain. The system is already being tested in several Italian cities, as well as long-term trials in the Arctic.
Claudio Parrinello, a former researcher and founder of PlanetWatch, said that all the devices have been thoroughly tested, and now the organization is negotiating with institutional investors.
“We are already showing great interest in our project. In fact, using sensors and transmitting air condition data to PlanetWatch, you are mining PLANET tokens, ”said Parrinello.
Recall that the Algorand blockchain project launched an updated version of its protocol “significantly expanding the range of decentralized applications and processes” that can be launched on the platform.
It is worth noting that in the summer, the Algorand blockchain project was able to attract $ 60 million of investments. As a result, Algorand lost 62% of its value in a month.
Algorand will also help fintech startup Monerium release money on the blockchain.
Whether you’re a crypto newbie or a crypto pro, you’ll want to check out Knowledge Base, Tools & Resources and Blockchain Finance content. We’re committed to providing education and support for our community. With XcelPay Wallet, cryptocurrency account users can make payment across the globe by using several cryptocurrencies. For instance, XcelPay Wallet can be used to make or receive payment in XcelToken Plus, Bitcoin, Ethereum, and many other ERC20 tokens. Moreover, XcelPay Wallet allows you to top-up mobile phone plans with 900 different carrier services and in 160 countries, with Ethereum and Bitcoin.
Download XcelPay Wallet and check how easy it is to use, send or Top-Up your mobile plan with our crypto wallet that is empowered for both mobile and tablet use, makes sure that transferring and receiving payments in crypto is a secure process.
