Plugin & Samunnati collaborated to broaden Weather Intelligence for Financial Aid

• Plugin & Sumunnati will collectively work to make meteorological data more accurate.  
• Plugin & Sumunnati to use Blockchain technology in broadening weather technology.   

Sumunnati is a famous agro sector company established in 2014 in  India by Anil SG and the company is headquartered in Chennai, Tamil Nadu. Samunnati offers a wide variety of services, including Non-financial, financial and Co financial services to small and medium-scale farmers, including wholesalers/retailers and big and small enterprises.  

Nowadays, there’s no doubt that agriculture contributes to generating wealth worldwide. However, specific challenges persist in impacting the productivity of the sector and apprehension of small-scale farmers in uncertainty, resulting in results that are not as high as the average. 

Sumunnati is specialized in supply chain , agricultural supply chain and financial services, as well as agricultural finance, non-financial service and market linkage, to name just a few.

Old weather forecast technology drawbacks 

The Meteorological data or weather data providing platforms extract weather-related data from satellite and distributed radar systems. While this is beneficial for collecting data from the remotest parts of the globe, it restricts the range of forecasts for the weather to larger geographical areas, including cities and states.

A few years ago, when the farmers did not have accurate information about the weather, they used to apply fertilizers and pesticides to their fields and crops without any knowledge. Still, if the weather were terrible after the fertilization, the farmers would have to use the fertilizer again.

Due to this, the fear of crop failure increased, and there was a fear of incurring more expenses, but since the development has taken place and in the coming time, there will be more, due to which the farmers will have to face the loss of work.

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Introduction of Blockchain technology in Weather forecasting 

Plugin & Sumunnati will use Blockchain technology to broaden the agro-industry. The farmers’ significant problems are rapid changes in meteorological data, unpredictable cyclones, and unwanted changes.

Plugin & Sumunnati, both leading giants in their sectors, mentioned that they would focus on the primary aim of broadening the agriculture industry and making it more engaging and will provide accuracy in the way of meteorological data and will also teach farmers about the use case and many basic mandatory things needed. 

Plugin & Sumunnati will collectively work to make meteorological data(Weather data) easy to understand, more accurate and reliable so that farmers of all groups like small and large scale could get precise knowledge about the upcoming weather. 

To demonstrate how the absence of practical weather intelligence hinders accurate decisions at the farm level. Notably, in this case, it can impact the many decisions that farmers and their supply chain take that rely on accurate forecasts to succeed. 

Introducing Blockchain technology in the agriculture industry will add significant opportunities like more job opportunities and a sudden boost in the agricultural economy. 

To assure the accuracy of weather data stats, Plugin will conduct regular checkups in Licensed weather stations and provide a detailed report on drawbacks and errors in the data. 

Moreover, the data providers of Plugin WFN(Weather forecast node)  are bound to Provide exact weather data so that many other industries, including agriculture, can trust the data and move forward with necessary precautions.   

Conclusion 

As we know, agriculture plays a vital role in all aspects of society, including broadening the country’s economy and providing people with proper nutrition and healthy food. But for many years, Farmers of India, including framers from other countries, have been facing a severe issue regarding inaccurate data. 

This data inaccuracy results in crop failure, and keeping this aspect in mind, Plugin & Sumunnati comes under the same platform. It will work together to broaden the agriculture industry by providing accurate and reliable data to avoid crop failure. 

Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.

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