IBISA has developed the following blockchain-based prototype in the scope of BlockStart:
Despite the investments on satellite infrastructure and ground infrastructure to exploit Earth Observation Satellite data, the access, dataset selection and use reminds highly technical. It requires specific expertise in both, Earth Observation data analysis and software programming. Yet, this data is not immediately actionable.
Nowadays many businesses could benefit from the power of satellite Earth Observation data: smart-farming, agriculture advisory, agricultural production buyers, agricultural sellers (seeds or fertilizer), banks and micro-finance institutions but only big players can afford it and develop the required expertise, knowledge and tools to leverage correctly this technology.
The problem IBISA is solving with Minorka is that SMEs today don’t have access to valuable satellite data for their business.
Minorka can leverage IBISA’s knowledge and the technology the company has developed for IBISA’s loss assessment platform to democratize the use of satellite data and open the access to all actors, even the smallest, to its benefits.
Creating a distributed platform to leverage IBISA’s crop failure crowd-sourced assessment tool opens the opportunity to other businesses to use this technology and benefit from the power of the technology and the community the company has built.