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TerraTracker

TerraTracker: Harnessing blockchain and AI for hyper-local disaster predictions. Empower communities with real-time insights, engage users through staking rewards, and support relief efforts with a portion of profits. Predict. Prepare. Protect.

TerraTracker

Created At

ETHGlobal San Francisco

Project Description

Description of the Project

TerraTracker is an innovative platform designed to predict natural disasters with precision and engage communities in proactive preparedness. By leveraging blockchain technology, TerraTracker ensures secure, transparent transactions and data integrity. The platform integrates real-time data from diverse sources, such as weather and seismic APIs, using Chainlink oracles for accurate predictions.

Key Features:

  • Hyper-Local Predictions: Provides detailed forecasts for specific regions, enhancing disaster readiness.
  • Blockchain Integration: Utilizes Ethereum or Binance Smart Chain for secure smart contracts and immutable records.
  • Staking Mechanism: Engages users through token staking, offering rewards and incentives for participation.
  • Disaster Relief Contributions: Allocates a portion of profits to support communities affected by natural disasters.
  • Insurance Partnerships: Collaborates with insurance companies to offer tailored risk assessment products.

How it's Made

Blockchain Platform: Flow, Polygon for smart contracts, ensuring secure and transparent transactions.

  • Smart Contracts: Developed in Solidity to automate market creation, predictions, payouts, and staking mechanisms.
  • Data Oracles: Integrated Chronicle & Lit to connect real-time data from weather and seismic APIs, ensuring accurate and reliable information.
  • Frontend Development: Used React.js, nextjs for the web application
  • Backend Development: Implemented Node.js and Express.js to handle server-side logic, manage API calls, and process transactions.
  • Database Management**: Employed MongoDB to store user data, prediction history, and transaction records.

Integration and Benefits

  • Blockchain Transparency: The use of blockchain technology ensures all transactions are secure and immutable, building trust with users.
  • Real-Time Data Feeds: Chainlink oracles provide up-to-date data feeds, enhancing the accuracy of predictions and market resolutions.
  • User Engagement: The staking mechanism incentivizes user participation by offering rewards, increasing platform engagement.

Notable Hacks

  • Web2 onboarding : Implemented Dynamic
  • Custom Notification System: Developed a real-time alert system to notify users of prediction updates and market outcomes instantly.
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