Plugin & Sumunnati Targets to Access Weather Intelligence for Financial Aid

• The collaboration makes use of recent meteorological data to educate farmers.
• The information from Plugin will instruct farmers and provide agricultural guidance.

Together, Plugin (PLI) and Sumunnati broadened the implementation area for crop insurance that includes small-scale farmers as well. The blockchain platform is being used by the partnership to apply weather intelligence. Parallel to the above, the alliance mentioned above is anticipated to expand the range of contemporary technical services available to the farm industry.

Today, there is no denying that agriculture plays a significant role in fostering wealth across the globe. However, particular difficulties continue to have an impact on the sector’s productivity, trapping many smallholders who depend on agriculture in uncertainty and resulting in returns that are below average.

Changes in weather patterns, unexpected production cycles, a lack of actionable weather knowledge, and insufficient mechanisms designed to offset negative consequences throughout the entire agriculture supply chain are just a few of the particular difficulties facing today’s agriculture.

To show how precise decision-making at the farm level is hampered by a lack of actionable weather intelligence. In particular, it has an impact on the many daily decisions that farmers and the supply chain make, all of which depend on precise forecasts for success.

As an illustration, applying fertilizer without using actionable meteorological intelligence may result in fertilizer being applied right before rainstorms. Reapplying fertilizer may be necessary as a result, raising a farmer’s production costs.

While there are many distinct problems, the development of new technologies—powered by blockchain—offers chances to turn the tide, releasing agricultural wealth, generating jobs, and fostering prosperity.

Plugin-Samunnati Partnership: Weather Intelligence and Crop Insurance

Recently, Plugin & Samunnati partnered to unlock the synergies in weather intelligence via Plugin’s Weather Forecast Node (WFN) project. Through this partnership, Plugin & Samunnati will extend their expertise in implementing the Plugin WFN project across the smallholder farmers’ landscape. Aggregated weather data will be integrated into Plugin’s data lake within the XDC ecosystem helping boost weather intelligence activities.

What’s Plugin’s WFN, and how does it converge with crop Insurance? Well, Plugin’s WFN uses data collected and…