Connect with us

Data Lake

Data Lake Launches Consent-To-Earn Medical Data Donation System

Published

on

Data Lake Launches Consent-To-Earn Medical Data Donation System

press release

PRESS RELEASE. The EU-funded web3 startup Data Lake has launched the world’s first medical data donation system, based on Distributed Ledger Technology and with a novel incentives mechanism that rewards people for their medical data altruism called “Consent-to-Earn” (C2E).

They recently launched their pilot program to collect patient consents in multiple Polish hospitals. Partnering with the Polish Donate Your Data Foundation, the startup has collected hundreds of consents already, and their oldest data donor (or “Data Hero” as they are called) is in their nineties, proving the potential for large-scale adoption across all demographics.

Advertisement

The founders of Data Lake – all medical doctors – are convinced that medical science is on the verge of a revolution that could be one of the most important leaps forward since penicillin or vaccines were discovered. 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 put absolute faith in these new technologies that are so dependent on data. Bias in the data means bias in the final product.

Data Lake has found the solution to this problem. The company has built a medical data access layer for research and development. Just like giving blood, people can anonymously donate their medical records to science. Their system is built upon the fundamentals of data privacy and user consent, and they’re using the public blockchain to guarantee transparency surrounding donor’s consents, while ensuring personal data always remains private and secure. The unique value proposition of their system for the general public, is their C2E model. If successful, it could allow people to self-monetize their medical data in a market worth more than €100bn per year in Europe alone.

CEO of Data Lake, Wojciech Sierocki MD says:

“The Data Lake system has the potential to revolutionize medical research – with the right data I am convinced we can combat almost any disease. But with lives on the line and the chance to significantly improve the quality of life for millions, we realized that we had to go beyond relying on altruism alone to ensure global participation. That’s why we paired the noble idea of data altruism with a new Consent-to-Earn model to encourage participation. We’re convinced that what we’re building will help ethically and sustainably unlock access to this data, and fuel a new wave of medical and scientific progress!”

From the donors themselves to the hospitals and consent collectors, everyone shares in the rewards of a new data economy that is being opened up for the very first time. If they succeed in their mission to launch a global medical data donation system, the implications for medical science will be felt world-wide. Data Lake plans to expand their system to the rest of Europe and then worldwide in the coming months and years, and are already in various stages of negotiation with data providers and data receivers across the world.

Advertisement

About Data Lake:

Data Lake is building a global medical data donation system based on blockchain technology and powered by the $LAKE token. They’re empowering people to give consent to the usage of their medical data in a safe, easy and private way, while providing large data sets that revolutionize scientific research and medical studies. Their Consent-to-Earn model rewards those who contribute their medical data to science.

Data Lake Website | Data Lake Twitter | Data Lake Telegram | Data Lake Medium | Data Lake LinkedIn

Press Contact: Dinidh O’Brien

Contact Title: Global Head of Public Relations

Advertisement

Contact Email: [email protected]


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Media

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on [email protected] to talk about press releases, sponsored posts, podcasts and other options.

Advertisement

Image Credits: Shutterstock, Pixabay, Wiki Commons

Advertisement

Top posts

CryptoSlate Wrapped Daily: November closes as one of the worst months for ETH or BTC, SBF claims the FTX collapse was a mistake CryptoSlate Wrapped Daily: November closes as one of the worst months for ETH or BTC, SBF claims the FTX collapse was a mistake
Wrapped4 hours ago

CryptoSlate Wrapped Daily: November closes as one of the worst months for ETH or BTC, SBF claims the FTX collapse was a mistake

CryptoSlate Wrapped Daily: November closes as one of the worst months for ETH or BTC, SBF claims the FTX collapse...

Ethereum’s net issuance reading since merge has got some tips for traders Ethereum’s net issuance reading since merge has got some tips for traders
Altcoins5 hours ago

Ethereum’s net issuance reading since merge has got some tips for traders

Ethereum’s total net issuance witnessed a massive spike. The number of Ethereum’s retail investors also grew over the past few...

Cryptocurrency Law Approved In Brazil — Green Mining Tax Exemptions And Asset Segregation Issues Left Out Cryptocurrency Law Approved In Brazil — Green Mining Tax Exemptions And Asset Segregation Issues Left Out
4.041/20215 hours ago

Cryptocurrency Law Approved In Brazil — Green Mining Tax Exemptions And Asset Segregation Issues Left Out

A cryptocurrency law, which had been in discussion for several months, has been approved by the Chamber of Deputies in...

Bitcoin records the largest miner outflow to wallets in 2 years Bitcoin records the largest miner outflow to wallets in 2 years
Analysis6 hours ago

Bitcoin records the largest miner outflow to wallets in 2 years

Bitcoin records the largest miner outflow to wallets in 2 years Richard Adrian · 2 hours ago · 2 min...

Polygon’s DeFi space witnesses growth but for how long will it help MATIC Polygon’s DeFi space witnesses growth but for how long will it help MATIC
Altcoins6 hours ago

Polygon’s DeFi space witnesses growth but for how long will it help MATIC

Polygon’s Total Value Locked (TVL) registered a downtick  Metrics were supportive of a continued surge  DeFiLlama’s recent data revealed that...

Best Crypto Alternatives Best Crypto Alternatives
Uncategorized6 hours ago

Best Crypto Alternatives

Cryptocurrencies are one of the most lucrative asset classes in the world – soaring in popularity and value over recent...

ApeCoin: Knowing this before the launch of APE staking might save your investments ApeCoin: Knowing this before the launch of APE staking might save your investments
Altcoins7 hours ago

ApeCoin: Knowing this before the launch of APE staking might save your investments

Horizen Labs is set to launch pre-deposit for Apecoin [APE] staking on 5 December. In anticipation of the launch, new...

Dappradar Report Shows Blockchain Gaming Thrived Amid FTX Collapse, Sector Accounted For 46% Of All Network Activity Dappradar Report Shows Blockchain Gaming Thrived Amid FTX Collapse, Sector Accounted For 46% Of All Network Activity
Activity7 hours ago

Dappradar Report Shows Blockchain Gaming Thrived Amid FTX Collapse, Sector Accounted For 46% Of All Network Activity

According to a report published by the global dapp store platform, Dappradar, blockchain gaming hardly felt the impact of the...

Can bots stunt SushiSwap’s growth? These metrics have the answer Can bots stunt SushiSwap’s growth? These metrics have the answer
Altcoins8 hours ago

Can bots stunt SushiSwap’s growth? These metrics have the answer

Bot activity surged on DEXs such as SushiSwap. Even so, SushiSwap’s revenue continued to grow and whales showed interest. After...

I’m Not Buying Gifts This Year. How I’m Avoiding The Holiday Sales I’m Not Buying Gifts This Year. How I’m Avoiding The Holiday Sales
I’m8 hours ago

I’m Not Buying Gifts This Year. How I’m Avoiding The Holiday Sales

Illustration by NextAdvisor You could have read this in your inbox. Sign up for our free weekly newsletter. No spam,...

Shady meme coins blamed for spike in dead crypto projects in 2021 Shady meme coins blamed for spike in dead crypto projects in 2021
Bear Market8 hours ago

Shady meme coins blamed for spike in dead crypto projects in 2021

Shady meme coins blamed for spike in dead crypto projects in 2021 Samuel Wan · 4 hours ago · 2...

Uniswap sees surge in network activity following launch of NFT aggregator  Uniswap sees surge in network activity following launch of NFT aggregator 
Altcoins10 hours ago

Uniswap sees surge in network activity following launch of NFT aggregator 

Uniswap announced the launch of its NFTs aggregator platform. This led to a rally in the count of new addresses...

Russia Restricts Protests! Creates Crowd-Dispersing Drones Russia Restricts Protests! Creates Crowd-Dispersing Drones
Crowd-Dispersing Drones10 hours ago

Russia Restricts Protests! Creates Crowd-Dispersing Drones

Russia announces mass production of crowd-dispersing drones that’ll help them restrict protests Drones have become an essential part of every...

Coinbase Wallet says Apple requested 30% of all NFT transfer gas fees Coinbase Wallet says Apple requested 30% of all NFT transfer gas fees
Apple10 hours ago

Coinbase Wallet says Apple requested 30% of all NFT transfer gas fees

Coinbase Wallet says Apple requested 30% of all NFT transfer gas fees Oluwapelumi Adejumo · 6 hours ago · 1...

Can You Keep Money From an Insurance Claim? Can You Keep Money From an Insurance Claim?
Uncategorized10 hours ago

Can You Keep Money From an Insurance Claim?

As a property owner, you purchased insurance to help protect you from financial loss in the event that your home,...

Make Money Inviting Puppies To Your House Make Money Inviting Puppies To Your House
money11 hours ago

Make Money Inviting Puppies To Your House

We want to help you make more informed decisions. Some links on this page — clearly marked — may take...

TRAI’s New Approach To Fight Spam Using Artificial Intelligence TRAI’s New Approach To Fight Spam Using Artificial Intelligence
Artificial Intelligence11 hours ago

TRAI’s New Approach To Fight Spam Using Artificial Intelligence

TRAI is considering using AI and Machine Learning to reduce intrusive communications After a previous blockchain-powered initiative yielded conflicting results,...

Bitcoin Family Says They Are Moving $1M In Crypto To Decentralized Exchanges After FTX Collapse Bitcoin Family Says They Are Moving $1M In Crypto To Decentralized Exchanges After FTX Collapse
Bitcoin11 hours ago

Bitcoin Family Says They Are Moving $1M In Crypto To Decentralized Exchanges After FTX Collapse

In October 2017, Netherlands native Didi Taihuttu and his family sold all their valuable belongings and their house for bitcoin....

Trending

Free Bitcoin MiningEarn from $50 to $75 daily with just your phone