As blockchain technology started to be introduced, one question was repeatedly presented. Businesses want to know why a new technology should be adopted before making any commitment to change, and they have a valid point. The amount of money and resources that have to be applied to an operational transition is substantial, and no successful business will dedicate those components without an understanding of what they will receive in return. Bitcoin SV (BSV), the only cryptocurrency and blockchain project that follows the original Bitcoin design, has repeatedly provided a wealth of real-world applications that demonstrate how versatile and flexible the BSV blockchain is. One of these applications is WeatherSV, which is revolutionizing how global weather data is managed, in ways that no conventional solution could ever provide.
WeatherSV was first introduced on April 3 of this year. Since then, it has grown to include 4,631 active channels across the globe and processes over 110,000 transactions each day – all with hourly updates to the channels. Based out of Australia, the developers behind the platform set out to create a solution that would capitalize on the benefits of the blockchain to increase efficiency and reduce waste associated, initially, with the country’s agricultural activity.
Weather data is autonomously fed to the BSV blockchain, where it is recorded, indexed, stored and put to use. It’s more than just a way to see what the temperature outside is, though. The development team is making it easier to store climate details such as precipitation, humidity, air pressure, UV Indices, historical data and forecasts. Feeds from existing weather stations are also being linked in to provide as much data as possible.
Among other locations, WeatherSV has existing channels in the U.S. – in cities like Miami, Newport Beach, Minneapolis and more – and in countries that include Australia, Canada; South Korea; Panama; Mandalay, Myanmar; Germany; Oslo, Norway; China; Argentina; Chile and Israel. Users can create their own channels for right around $4, allowing them to easily store local weather data for their own use, or to share with the global community.
The platform exists on BSV for two simple reasons. BSV is the only blockchain that can provide on-chain scaling to levels that support major amounts of business-related data and traffic. In addition, the transaction fees associated with BSV are substantially lower than they are with other blockchain solutions. WeatherSV developers explain, “To run the same application on BTC [Bitcoin Core] or even BCH [Bitcoin Cash] although technically possible would be cost prohibitive.”
While certain businesses may not be able to readily identify the benefits of WeatherSV, although there are many, the underlying capability is important. The ability to manage large amounts of data and transactions on a single, immutable platform that has been proven to be robust gives companies the ability to embrace the blockchain efficiently and easily, increasing their internal and external processes and providing a boost to their bottom line.
The Genesis protocol upgrade on February 4, 2020 is a monumental step in the history of Bitcoin, and will see BSV returned as close as possible to the original protocol as envisioned by Satoshi Nakamoto. Visit the Genesis Hard Fork page to learn more.
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