Press release. EU-funded web3 startup data lake has launched the world’s first medical data donation system based on distributed ledger technology and with a new incentive mechanism called “consent-to-earn” (C2E) for people to donate their medical data.
they recently launched its pilot program To collect patient consent in several Polish hospitals. partnership with Polish Donate Your Data FoundationThe startup has already collected hundreds of consents, and their oldest data donor (or “data hero” as they’re called) is in his nineties, proving the potential for mass adoption across all demographics. does.
Data Lake’s founders – all medical doctors – are convinced that medical science is on the verge of a revolution that could be one of the most significant leaps forward since the discovery of penicillin or vaccines. The tools of this revolution – including artificial intelligence, medical algorithms and even robotics for surgery – are already beginning to play an every day role in healthcare. Without representative, high-quality data it is difficult for researchers and the general public to have full confidence in these new technologies that rely heavily on data. Bias in the data means bias in the final product.
Data Lake has found a solution to this problem. The company has built a medical data access layer for research and development. Like giving blood, people can anonymously donate their medical records to science. Their system is built on the core principles of data privacy and user consent, and they are using a public blockchain to guarantee transparency around donor consent, while ensuring that personal data always remains private and secure. Is. The unique value proposition of their system to the general public, is their C2E model. If successful, this could allow people to self-monetize their medical data, a market worth more than €100bn per year in Europe alone.
Wojciech Sirocki MD, CEO of Data Lake, says:
“The Data Lake system has the potential to revolutionize medical research – with the right data I believe we can combat almost any disease. But life on the line and the potential to significantly improve the quality of life for millions of With the opportunity, we realized we had to go beyond relying on philanthropy alone to ensure global participation. So we combined the great idea of data philanthropy with a new consent-to-acquire model to encourage participation We are convinced that what we are building will help to ethically and sustainably unlock access to this data, and fuel a new wave of medical and scientific progress!”
From the donors themselves to hospitals and consent takers, everyone shares in the rewards of a new data economy that is being unleashed for the first time. If they are successful in their mission to start a global medical data donation system, the implications for medical science will be felt worldwide. Data Lake plans to expand its system to the rest of Europe and then to the rest of the world in the coming months and years, and is already in various stages of negotiation with data providers and data recipients around the world.
About Data Lake:
Data Lake is building a global medical data donation system based on blockchain technology and powered by the $LAKE token. They are empowering people to consent to the use of their medical data in a secure, easy and private way, while providing big data sets that are revolutionizing scientific research and medical studies. Their consent-to-acquire model rewards those who contribute their medical data to science.
Press Contact: Dinny O’Brien
Contact Title: Global Head of Public Relations
Contact Email: [email protected]
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