Flare and Kweather launch weather finance products as tokenization spreads into the climate economy 

Kweather, a leading South Korean weather big data platform, and Flare, a data-centric blockchain network, signed a Letter of Intent to run a pilot bringing Kweather’s meteorological datasets — including temperature, rainfall and other climate variables — on-chain. The collaboration aims to enable on-chain oracles and specialized weather finance products for DeFi, boosting crypto adoption for parametric insurance, climate risk markets and smart contract-based financial services.