Data Lake Launches Consent-to-Earn Medical Data Donation System – Bitcoin News Press Release

Data Lake Launches Consent-to-Earn Medical Data Donation System – Bitcoin News 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 new incentive mechanism that rewards people for their selflessness in the field of medical data, called “Consent-to-Earn” (C2E).

They recently launched their pilot program to collect patient consent in several Polish hospitals. Collaborate with the Poles Donate your data fundthe startup has already racked up hundreds of consents, and their oldest data donor (or “Data Hero” as they’re called) is in their 90s, proving the potential for widespread adoption across all demographics.

The founders of Data Lake – all medical professionals – are convinced that medical science is on the verge of a revolution that could be one of the most important 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 starting to play a daily role in healthcare. Without representative, high-quality data, it is difficult for researchers and the general public to have absolute confidence in these new technologies that rely so much 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 donating blood, people can anonymously donate their medical records to science. Their system is based on the basics of data privacy and user consent, and they use the public blockchain to ensure transparency around donor consents while ensuring that personal data always remains private and secure. Their system’s unique value proposition to the general public is their C2E model. If successful, people will be able to monetize their own medical data in a market worth more than €100 billion a year in Europe alone.

Data Lake CEO, MD Wojciech Sierocki says:

“The Data Lake system has the potential to revolutionize medical research – with the right data, I believe we can fight almost any disease. But with lives at stake and the opportunity to significantly improve the lives of millions, we realized we had to go beyond relying on altruism alone to ensure global participation. That’s why we’ve paired the noble idea of ​​data altruism with a new Consent-to-Earn model to encourage participation. We are confident that what we are building will help unlock access to this data in an ethical and sustainable way and fuel a new wave of medical and scientific advancements!”

From the donors themselves to the hospitals and consent collectors, everyone shares in the rewards of a new data economy being unlocked for the first time. If they succeed in their mission to launch a global medical data donation system, the implications for medical science will be felt worldwide. Data Lake plans to expand their system to the rest of Europe and then globally over the coming months and years, and is already in various stages of negotiations with data providers and data receivers 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 enable people to consent to the use of their medical data in a secure, convenient and private way, while providing large data sets that are revolutionizing 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 | Datalake LinkedIn

Press contact: Dinidh O’Brien

Contact Title: Worldwide Head of Public Relations

Contact email: dinidh.obrien@data-lake.co


This is a press release. Readers should conduct their own due diligence before taking any action 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 use of or reliance on any content, goods or services mentioned in the press release.

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