Open Earth Foundation Receives Chainlink Grant
The Chainlink Community Grants Program is awarding a social impact grant to the Open Earth Foundation (OEF), a US-based research and deployment foundation using digital technologies to increase planetary resilience. The grant will fund the creation of an open-source data feed that measures the planet’s atmospheric CO2 concentration and makes the data available in leading blockchains through an OEF-run Chainlink oracle node.
“We’re thrilled to receive a social impact grant and continue building innovative climate assessment models that accurately represent carbon emissions at the Earth level while also bringing such data on-chain through Chainlink oracles to support advanced hybrid smart contract applications. Through the Chainlink grant support, we can establish a baseline reading for atmospheric CO2 data, empowering smart contracts for institutions and startups alike to create more efficient, accessible, and transparent social and economic systems founded upon environmental truth.”— Dr. Martin Wainstein, Founder and Executive Director of the Open Earth Foundation.
As part of the grant, OEF will deliver the following resources to the Chainlink ecosystem and the broader blockchain and environmental communities:
- Develop a unique climate data model for generating a single trusted value for planetary CO2 atmospheric concentration based on extensive research and prioritization of the most relevant datasets in terms of their robustness, trustworthiness, and accessibility.
- Build an open-source API so developers, applications, DAOs, and even non-blockchain systems can access CO2 concentration data, as well as write detailed documentation on how to integrate it.
- Develop open-source Chainlink External Adapters that enable Chainlink nodes to fetch data from the API and deliver into leading blockchain environments. Additionally, OEF will work towards launching a Chainlink node to bring this data feed on-chain for ease of use by smart contract developers.
California-based Open Earth Foundation is a not-for-profit centered around using blockchain, IoT, and artificial intelligence technologies to create open-source and multi-stakeholder solutions that tackle climate change and environmental challenges. OEF focuses on three key interrelated projects: OpenClimate, OpenFinance, and OpenCollabathon, which are aimed at developing global climate accounting systems, removing frictions in climate investing and financing, and mobilizing global networks of key stakeholders on open-source infrastructure. OEF is actively collaborating with numerous organizations, such as the UN Environmental Programme, UNFCCC, scientific authors to the International Panel on Climate Change (IPCC), the National Oceanic and Atmospheric Administration (NOAA), Yale University, and more.
ABOUT CHAINLINK
Chainlink is a cryptocurrency aiming to incentivize a global network of computers to provide reliable, real-world data to smart contracts running on top of blockchains. Every oracle within the Chainlink network is incentivized to provide accurate data since a reputation score is assigned to each.
ABOUT Open Earth Foundation
Open Earth Foundation is a research and deployment non-profit platform, using cutting edge digital technologies and multi-stakeholder collaborations to advance open source platforms that help increase planetary resilience.
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