Saving the Planet Earth observation can empower environmental and social initiatives on a global scale. Flyingcarpet has partnered with Ice Alive to monitor glacial melt in the Arctic, an initiative that won funding from Microsoft and National Geographic. Flyingcarpet is also working with Reforestum to continuously monitor the biomass of reforestation projects to provide much-needed accountability and traceability in the carbon offset market.

Physical World Oracles Flyingcarpet uses mechanism design and decentralised storage to ensure that the network’s models can report trust-minimised data feeds to the blockchain. This will radically open up opportunities for smart contract development. In particular, Flyingcarpet models can provide data feeds for prediction market platforms such as Gnosis and Augur to enable predictions relating to the physical world.