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Tokenized Weather Derivatives Could Be Crypto's Most Important Real-World Use
๐Ÿช™ Crypto

Tokenized Weather Derivatives Could Be Crypto's Most Important Real-World Use

Ordinary people and small businesses bear the greatest climate-related financial risk but currently have no way to hedge against weather events. Tokenising weather derivatives on a blockchain could open this market to Main Street for the first time. CoinDesk analyst Omkar Godbole argues this could prove to be the most significant real-world use case for cryptocurrency technology.

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