Who doesn't love Farmers.

What it does

It provides a means for purchasing frost insurance. A type of insurance which pays out in the event of frost at a particular location.

How we built it

We leverage Ethereum and WolframAlpha via Oraclize to identify if frost occurred, manage purchases and automate the payouts.

Challenges we ran into

Coming together as a team and being there for the Farmers.

Doing the necessary computations while leveraging the limited computing power of Ethereum.

Accomplishments that we're proud of

The design of the Ethereum Smart Contract. The uniqueness of the product. Overcoming the challenges together.

What we learned

Nothing is out of reach when you come together as a team.

What's next for FrostContract

Expanding our catalog of weather related contracts. Hail, rainfall, and snow are all viable options.

Share this project: