Tesseract For Social Impact

Tesseract is a first of its class crop insurance product "Smart Insurance" for the globally unbanked and developing world. Powered by the Chainlink technology.

[Tesseract For Social Impact @tesseractimpact]

#Agriculture and #climatechange have a reciprocal #relationship. Climate change affects #agricultural production through precipitation levels and temperature variations. In return, poor agricultural practices increase climate change.

[Tesseract For Social Impact @tesseractimpact]

How Can the #EnvironmentalImpacts Of #Agriculture Be Mimimized?

The key to protecting the #environment against the harmful effects of extensive and unsafe #agricultural practices is through #sustainable practices.

[Tesseract For Social Impact @tesseractimpact]

#Sustainable #farming incorporates both the conservation of available resources as well as employing farming practices aimed at #environmental protection.

[Tesseract For Social Impact @tesseractimpact]

In the past century, #Farmers have become extremely efficient and have taken #advantage of newer #technologies. As a result, they are producing a wider variety of #crops and producing them more efficiently.

[Tesseract For Social Impact @tesseractimpact]

#Agriculture plays a valuable role in our everyday lives by not only providing us with #food, but also by maintaining a strong #economy. On a #worldwide basis, more people are in some way involved in agriculture than in all other occupations combined.

[Tesseract For Social Impact @tesseractimpact]

#Climatechange profoundly affects the conditions under which #agricultural activities are conducted. In every region of the world, plants, animals and ecosystems have adapted to prevailing climatic conditions. They will be affected in ways that are difficult to predict precisely.

[Tesseract For Social Impact @tesseractimpact]

The effect of #climatechange on the production and productivity of the #agriculture sectors will translate into mostly negative #economic and #socialimpacts, with implications for all four dimensions of #foodsecurity.

[Tesseract For Social Impact @tesseractimpact]

The sheer number of #smallholder #farm families worldwide justifies a specific focus on the threats posed by #climatechange to their livelihoods and the urgent need to transform those #livelihoods along #sustainable pathways.

[Tesseract For Social Impact @tesseractimpact]

@TwitterSupport Hello, I'm appealing for my account's suspension @nickahtolentino @takawtikim they are not bots, it's my personal account.

[Tesseract For Social Impact @tesseractimpact]

#Agriculture provides the basic essentials for living: the #food we #eat, the #beverages we #drink, the #clothing we wear, and the materials for our homes. Without #agriculture, we would have none of these.

[Tesseract For Social Impact @tesseractimpact]

a trustless and immutable digital agreement between two or more parties, and complete with a strong and secure level of data reliability through oracles.

[Tesseract For Social Impact @tesseractimpact]

Tesseract for #SocialImpact is a local weather indexed and #blockchain based digital platform wherein the #cropinsurance is embedded into a smart contract,

[Tesseract For Social Impact @tesseractimpact]

These stresses are likely to be exacerbated in places with higher temperatures and changing precipitation patterns due to climate change. #CropInsurance #RiskManagement #Chainlink #farm #farmer #crop #climatechange

Source: https://t.co/eFpYDiKLGI

[Tesseract For Social Impact @tesseractimpact]

#Climatechange can disrupt food availability, reduce access to #food, and affect food quality. Tesseract will give insurers tools to create customized #blockchain based #insurance products, enabling them to offer weather-indexed #cropinsurance at scale.

[Tesseract For Social Impact @tesseractimpact]

The effects of #climatechange also need to be considered along with other evolving factors that affect #agricultural production, such as changes in #farming practices and #technology.

Source: https://t.co/ayzrkJlJEQ"

[Tesseract For Social Impact @tesseractimpact]

On the #insuranceservice supply side, Tesseract will give insurers tools to create customized #blockchain based #insurance products, enabling them to offer weather-indexed #cropinsurance at scale.

[Tesseract For Social Impact @tesseractimpact]

With institutional support and policies, advisories and climate information offer great potential to enable #farmers to make informed decisions, better manage #risk, take advantage of favorable #climateconditions, and adapt to change.

Source: https://t.co/ocsaNAlF3O

[Tesseract For Social Impact @tesseractimpact]

Tesseract will eliminate the lengthy and expensive claims process thereby helping the farmer get back on his feet rapidly. This is critical in areas where poverty is more widespread, as every single #season is critical for #farmer livelihoods.

[Tesseract For Social Impact @tesseractimpact]

A #smallholder and #insurer enter into a smart contract. In the event of 20 hail days per yield season or in the event of a tier 5 #tornado (both events that will ensure fatal crop loss), -- #cropinsurance

[Tesseract For Social Impact @tesseractimpact]

The platform will constantly monitor crop yields/bad weather/acts of God, etc. with API feeds using satellite imagery, weather input data, and crop health data.