26 May '16, 4pm

21 Unveils Vision for Bitcoin-Powered Weather Data Market

21 Unveils Vision for Bitcoin-Powered Weather Data Market

Bitcoin’s best-funded startup, 21 Inc, has unveiled a new proof-of-concept aimed at providing an illustration of how its bitcoin hardware and software can create new ways for data to be collected and monetized. Called Sensor21 , the prototype outlines specifically how a precision altimeter can work with a 21 Bitcoin Computer to create a miniaturized weather tracker capable of monitoring data points such as air pressure, altitude and temperature. Using such a network, 21 contends that these devices can be made to query other cities to determine their data. Further, by gathering data from more than one location, users could collectively build a comprehensive weather map for a particular region. The company explained: "With this short set of commands, you were able to turn a small sensor into a passive income stream. The value from the sensor comes from the fact that it is no...

Full article: http://www.coindesk.com/21-unveils-vision-bitcoin-powered...

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