Democratizing weather derivatives through tokenization could be crypto's most important real-world use case
“Since the 1980s the number of registered weather-related loss events tripled, and the inflation-adjusted losses have increased fivefold. These trends are set to continue and could threaten assets worth 20 per cent of global GDP." That's Canada's Prime Minister Mark Carney talking about climate risks in his 2021 book Value(s): Building a Better World for All.