In the ever-evolving digital era, crypto assets have become very relevant and can potentially change how people interact with assets and data. One crypto project that is attracting attention is Observer Coin, a digital asset that functions as a medium of exchange and provides innovation through blockchain technology.
Observer Coin is part of the Observer Foundation project, which aims to collect, manage, and disseminate weather data efficiently using blockchain technology. In this regard, Observer Coin is at the heart of an ecosystem that incentivizes users and data contributors through a crypto token system. By harnessing the power of blockchain technology, Observer Coin not only creates financial opportunities but also opens the door to innovative applications in various sectors.
So, to understand what Observer Coin is, its role and history, its features in various sectors, its roadmap, and its global plans for this year and targets for the Indonesian market, read the complete review below!
What is Observer Coin?
Observer (OBSR) Coin is a utility coin that supports an Observer app. Through this application, users can submit weather data around them, including information such as air temperature, air pressure, humidity, and fine dust concentration, which is managed by the Observer Foundation. In return, users will be rewarded Observer Coins every time they contribute weather data.
It is important to know that OBSR is a blockchain project that collects weather data through community collaboration and creates value from the data collected. Anyone can join the Observer Project through the Observer app and the Observer weather station called W.station. Participants were given OBSR tokens, the Observer crypto asset, as a reward for their contribution to sharing weather data around them via personal mobile phones. They can add weather data to the Observer application by uploading weather photos or providing weather labels to photos uploaded by other users.
In addition, Observer also provides weather information and other services by verifying and processing collected weather data. Observer’s goal is to improve the accuracy of weather forecasts and provide weather information on a micro-scale.
The Role of the Observer Foundation
For your information, the Observer Foundation plays several important roles, including monitoring and verifying weather quality in real time and storing this weather data in a database. This organization is also tasked with blocking unwanted weather information using its power.
In addition, the Observer Foundation is responsible for providing regular compensation to those who successfully observe and ensure the relationship between weather data providers and buyers runs smoothly. This organization manages local servers and central servers to run its operations.
The History of Observer Coin
After being listed on January 19, the project gained huge interest and caused OBSR to trade with high levels of liquidity and volume.
As a project that contributes positively to society through collaborative weather data from community participation, which improves the accuracy of weather forecasts and provides incentives for the public to participate in data collection, this project attracted attention from the start of registration.
With the continued increase in popularity of Observer and Weather Station applications, the performance of this project has also experienced significant improvements, especially in calculation speed and data processing efficiency. The Observer team reviews this project with partners in Indonesia, and local marketing efforts are underway.
Observer has strengthened security measures in application development, improved the user interface, and fixed several bugs. Meanwhile, on the W.Station side, Observer received a level 1 PM (particulate matter) certification award from the Korean government for W.Station2 and added broader IoT communication capabilities.
The Use of Observer Feature in Various Sectors
The Observer feature has various uses across various business sectors, helping minimize costs, maximizing results, and ensuring safety. The use of weather data in these sectors not only improves operational efficiency but also helps in better decision-making and rapid response to changing weather conditions. Thus, the Observer feature is important in supporting safety, sustainability, and profitability in various business sectors.
The following are various business sectors that use weather data, including:
1. Agriculture
Farmers can use weather data to optimize planting and harvest times, manage irrigation, and monitor soil conditions. They can reduce the risk of losses due to bad weather and increase crop yields with accurate weather information.
2. Electrical Energy
The electric energy industry relies on weather information for equipment maintenance planning, fuel supply chain management, and anticipating potential damage from extreme weather. With the correct weather data, they can optimize operations and reduce the risk of energy supply disruptions.
3. Disaster Prevention
Storms, floods, and other extreme weather events can be anticipated using real-time weather data. Disaster prevention authorities or agencies can take preventive action faster and more efficiently, reducing damage and protecting human lives.
Get to Know the Observer Coin Roadmap
Getting to know the Observer Coin Roadmap is vital for users and investors. The roadmap is a strategic plan that details the steps, goals, and achievements that Observer Coin will achieve within a certain period.
Quoting information from the official website obsr.org, below is the complete roadmap for Observer coin, starting from early 2018 to 2023, which you need to know, namely:
2018
- Kick-off
- Registered as a Weather Business by the Korea Meteorological Administration (Equipment industry)
2019
- Weather Station Development Version 1
- Passed the equipment test by the Korea Meteorological Administration’s equipment
- Signing of MOU (Dwelling)
- Expansion of the observation network (Jeju bus station)
- Expansion of the observation network (7-eleven)
- Development of W-Station Haptic Sensor (Precision Measurement)
- Development of Weather Station Version 2
2020
- Received “The Korea Meteorological Industry Award”
- Class 1 certification for fine dust measurements at W-Station
- W-Station supply to Pukyong National University
- Verify IoT fog detection and intelligent monitoring services
- Launch of the observation (observation) application
- Expansion of the observation network (1st distribution of Weather Station.)
- Partnership (Environmental Science & Technology Institute Inc.)
- Partnership (7-eleven Vietnam)
- Data supply (JoogAng-Daily News)
- Data supply (Wikitree)
- Research paper publication (Building block-based urban meteorological observation experiment (BBMEX) in a commercial center area in Seoul)
- Research paper publication (Study on high-density fine particle monitoring using W-Station)
2021
- Expansion of the observation network (2nd to 6th W-Station Distribution)
- Signing of MOU (IOTA)
- Launch the weather report app
- Data supply (National Institute of Meteorological Science)
- Data supply (Weather-I)
- Launch of the Observer NOW application
- Launch of the DUST Observer application
- Research paper publication (IoT-based detection and evaluation of the quality of temperature, relative humidity, and precipitation observations)
- Registered as a Weather Business by the Korea Meteorological Administration (Forecasting business)
- Weather forecast beta service (Observer NOW)
2022
- Launch of AI PM (Particulate Matter) Forecast Service
- Expansion of the observation network (W-Station 7th to 8th Distribution)
- Launch of Observer Laboratory
- Data supply (National Institute of Meteorological Science)
- Registered as a Weather Business by the Korea Meteorological Administration (Weather consulting)
- Launch of the Observer application
- Observer application service integration
- Token Custody Contract (KODA)
2023
- Obtained Class 1 certification for fine dust measurements in W-Station (Version 2)
- The implementation of smart contracts is linked to rewards
- Expansion of the observation network (KB Bukopin)
- International business expansion
- Proactive marketing campaigns
- Update and develop the next-generation Observer application
- Launch of Observer Premium
- Open Datastore
- Development of weather services/products
- Change in W-Station distribution method
- Partnership expansion
Observer Coin’s Global Plans for This Year and Targets for the Indonesian Market
The plan is that the Observer Data Store will be released soon this year. General weather data will be available for sale for academic and economic purposes. Observer is actively developing data delivery methods and determining optimal data formats.
After completing a contract with a partner in Indonesia for installing W.station and carrying out local marketing activities, the number of Observer application users is expected to increase significantly, and the coverage of weather observations will expand.
After the social media advertising campaign and installation of W.station with local partners are successful, Observer plans to organize a special promotional event, which will be held soon and shared with users in Indonesia.
After identifying various use cases, Observer will define the service items in Observer Premium Services (available to paid members) and integrate them into projects with Observer’s external partners.
By referring to the data collected, the Observer will conduct evaluations to plan further improvements to W.Station and efficiently carry out local expansion.
Conclusion
In conclusion, Observer (OBSR) Coin is a utility coin used to support an Observer application. Through this application, users can submit weather data around them, including information such as air temperature, air pressure, humidity, and fine dust concentration, which is managed by the Observer Foundation. In return, users will receive Observer Coins every time they contribute weather data.
Meanwhile, OBSR is a blockchain project that collects weather data through community collaboration and creates value from the data collected. Anyone can join the Observer Project through the Observer app and the Observer weather station called W.station.
It is also important to note that increasing the number of users will increase the platform’s value by accumulating extensive data and additional features from partnerships. Data accuracy will be improved by increasing the number of data collection points, including remote areas that are difficult to reach by government or commercial weather services. In light of global climate change and increasing natural disasters, Observer anticipates increased interest and use of the platform. Apart from that, Observer is also committed to continuing to improve and promote the Observer ecosystem to the maximum.
Buy Observer Coin Crypto Asset on INDODAX
So, now you understand what Observer Coin is, its role, history, features that can be used for various sectors, its roadmap, and its global plans for this year and targets for the Indonesian market.
Next, if you are interested in buying OBSR crypto asset, then check the OBSR price (OBSR to IDR) on the INDODAX market and select the Observer crypto asset. Then, select the “Buy” option and enter the amount of OBSR you want to buy. Here, you can choose a purchase price according to the current market price or enter a lower one. Next, click the “Buy OBSR” button to place your order, and you’re done.
You can also see the updated OBSR coin rating only on the INDODAX Academy page. By monitoring OBSR ratings, you will gain a complete view of OBSR coin’s performance and growth potential. Of course, as an investor, you need to have good information about OBSR coin ratings and reviews because this will help you design the right investment strategy.
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