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About Observer

Observer (OBSR) is a cryptocurrency project that addresses the challenges associated with collecting climate information at the retail level. Launched in 2018 by a team based in Korea, OBSR provides hyperlocal weather information, particularly in South East Asia. The platform encourages individuals and businesses to share real-time weather data collected through various means such as smartphones, automobiles, mini weather stations, vessels, or aircraft. The data collected is managed using big data technology and the observation history is recorded on a blockchain for legitimate compensation. This approach provides an alternative to the limitations of public observation networks and inefficient data exchanges between countries.

Observer operates on a model where anyone can share real-time weather data that they collect using various devices. The collected data is managed through big data technology and the observation history is recorded on a blockchain for legitimate compensation. The platform encourages observations by individuals and businesses, verifies the quality of the data, and facilitates transparent data transactions. The Observer foundation performs multiple roles including quality control of real-time weather observations, archiving them into the database, and providing routine compensation (OBSR coin) for successful observations. All transactions within the Observer platform are made using OBSR, a transaction coin.

The potential use cases for Observer are vast and varied. Weather information plays a role in various industries such as logistics, leisure, energy, agriculture, and fisheries. Observer's data may be used by weather service providers to offer real-time information on urban weather or to make hyper-local short-range weather forecasts. Airlines and ship routing companies may use Observer’s real-time weather data to check airport weather and monitor clear air turbulence. Local governments looking to develop smart cities may also benefit from the data archived in the Observer. Furthermore, the data may be used in sectors like agriculture, food, medicine, travel, leisure, health, beauty, insurance, retail, automobile, energy, military, science, disaster prevention, and public services.

Observer was launched on 10th August 2018 by a team based in Korea with the intention of addressing problems with climate information collection at the retail level. The project was designed to provide hyperlocal weather information, particularly in South East Asia. The platform was built to encourage individuals and businesses to share real-time weather data collected through various means. Over time, Observer has become a platform that not only collects and distributes real-time weather data for regions where public observation networks are not well established, but also provides a platform for transparent data transactions. The Observer foundation plays a role in controlling the quality of real-time weather observations, archiving them into the database, and providing routine compensation for successful observations.

Market

Spain Market Stats

Market cap

€10.5M

Volume (24h)

€245,745.66

Circulating supply

6.0B OBSR

All time high

€0.0590

Price change (1h)

-0.14%

Price change (24h)

-6.17%

Price change (7d)

-12.95%

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Coinbase Bytes

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Observer is on the decline this week.

The price of Observer has decreased by 0.14% in the last hour and decreased by 6.17% in the past 24 hours. Observer’s price has also fallen by 12.95% in the past week. The current price is €0.0017 per OBSR with a 24-hour trading volume of €245.75K. Currently, Observer is valued at 97.04% below its all time high of €0.0590. This all-time high was the highest price paid for Observer since its launch.

The current circulating supply of Observer is 6,007,080,871 OBSR which means that Observer has as total market cap of 6,007,080,871.

FAQ

What is the current price of Observer?

We update our Observer to EUR currency in real-time. Get the live price of Observer on Coinbase.

What is the market cap of Observer?

The current market cap of Observer is €10.49M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Observer?

The all-time high of Observer is €0.0590. This all-time high is highest price paid for Observer since it was launched.

What is the 24 hour trading volume of Observer?

Over the last 24 hours, the trading volume of Observer is €245.75K.

What other assets are similar to Observer?

Assets that have a similar market cap to Observer include Dvision Network, BABB, NEST Protocol, and many others. To see a full list, see our comparable market cap assets.

How many Observer are there?

The current circulating supply of Observer is 6 billion.

Can I buy Observer on Coinbase?

No, Observer is not currently available on Coinbase, but you can sign up to get the latest news on Observer and be notified when it gets added to our exchange.

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