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Knowledge Lake Launches Consent-to-Earn Medical Knowledge Donation System – Press launch Bitcoin Information

PRESS RELEASE. The EU-funded web3 startup Knowledge Lake has launched the world’s first medical knowledge donation system, primarily based on Distributed Ledger Know-how and with a novel incentives mechanism that rewards individuals for his or her medical knowledge altruism known as “Consent-to-Earn” (C2E).

They lately launched their pilot program to gather affected person consents in a number of Polish hospitals. Partnering with the Polish Donate Your Knowledge Basis, the startup has collected a whole bunch of consents already, and their oldest knowledge donor (or “Knowledge Hero” as they’re known as) is of their nineties, proving the potential for large-scale adoption throughout all demographics.

The founders of Knowledge Lake – all medical medical doctors – are satisfied that medical science is on the verge of a revolution that could possibly be one of the vital essential leaps ahead since penicillin or vaccines have been found. The instruments of this revolution – together with Synthetic Intelligence, medical algorithms, and even robotics for surgical procedure – are already starting to play an every-day position in healthcare. With out consultant, high-quality knowledge it’s tough for researchers and most people to place absolute religion in these new applied sciences which are so depending on knowledge. Bias within the knowledge means bias within the closing product.

Knowledge Lake has discovered the answer to this downside. The corporate has constructed a medical knowledge entry layer for analysis and improvement. Similar to giving blood, individuals can anonymously donate their medical data to science. Their system is constructed upon the basics of knowledge privateness and consumer consent, they usually’re utilizing the general public blockchain to ensure transparency surrounding donor’s consents, whereas guaranteeing private knowledge at all times stays non-public and safe. The distinctive worth proposition of their system for most people, is their C2E mannequin. If profitable, it might enable individuals to self-monetize their medical knowledge in a market value greater than €100bn per yr in Europe alone.

CEO of Knowledge Lake, Wojciech Sierocki MD says:

“The Knowledge Lake system has the potential to revolutionize medical analysis – with the fitting knowledge I’m satisfied we are able to fight nearly any illness. However with lives on the road and the possibility to considerably enhance the standard of life for tens of millions, we realized that we needed to transcend counting on altruism alone to make sure world participation. That’s why we paired the noble concept of knowledge altruism with a brand new Consent-to-Earn mannequin to encourage participation. We’re satisfied that what we’re constructing will assist ethically and sustainably unlock entry to this knowledge, and gasoline a brand new wave of medical and scientific progress!”

From the donors themselves to the hospitals and consent collectors, everybody shares within the rewards of a brand new knowledge financial system that’s being opened up for the very first time. In the event that they succeed of their mission to launch a world medical knowledge donation system, the implications for medical science can be felt world-wide. Knowledge Lake plans to develop their system to the remainder of Europe after which worldwide within the coming months and years, and are already in varied phases of negotiation with knowledge suppliers and knowledge receivers the world over.

About Knowledge Lake:

Knowledge Lake is constructing a world medical knowledge donation system primarily based on blockchain know-how and powered by the $LAKE token. They’re empowering individuals to present consent to the utilization of their medical knowledge in a secure, simple and personal means, whereas offering giant knowledge units that revolutionize scientific analysis and medical research. Their Consent-to-Earn mannequin rewards those that contribute their medical knowledge to science.

Knowledge Lake Web site | Knowledge Lake Twitter | Knowledge Lake Telegram | Knowledge Lake Medium | Knowledge Lake LinkedIn

Press Contact: Dinidh O’Brien

Contact Title: International Head of Public Relations

Contact E mail: [email protected]

 

 

 

 


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