Insurance coverage firm Lemonade has partnered with distinguished blockchain firms to type the Lemonade Crypto Local weather Coalition (L3C) decentralized autonomous group (DAO) to guard farmers from local weather change by providing blockchain-based insurance coverage.

The insurance coverage agency based Lemonade Basis, a nonprofit centered on creating social and environmental change with the usage of blockchain-enabled applied sciences. The muse will work carefully with members of the L3C together with Chainlink, Avalance, DAOstack, Etherisc, Hannover Re, Pula and Tomorrow.io.