Article Summary, Automatically Generated By AI
Summary
-
Year founded:
2019 -
Founders:
Wojciech Sierocki and Ligia Kornowska -
Funding:
EU-funded -
Technology:
Blockchain, Polygon chain, Ethereum chain -
Token:
$LAKE, ERC20 token -
Goal:
Create a global medical data donation system with privacy and informed consent -
Legislation:
GDPR, Data Governance Act (DGA), European Health Data Space (EHDS)
Unlocking the Power of Data: Introducing Our Data Lake
Medical science stands poised on the threshold of a revolutionary era, as
medical AIs, machine learning, and other data-driven innovations come online.
These groundbreaking tools hold immense potential to save countless lives by
facilitating the discovery of novel cures, enabling earlier and more precise
diagnoses, identifying innovative drugs and treatments, and much more.
The paramount challenge for researchers lies in gaining ethical access to high-quality, unbiased medical data, which has historically been siloed and fragmented across healthcare facilities, with no straightforward or legally permissible means of sharing it. Furthermore, the lack of representation in existing medical datasets introduces bias into the results of algorithms and programs that utilize them. A solution to these conundrums would catapult medical science forward by leaps and bounds, offering hope and relief to millions – or even billions – worldwide. At Data Lake, we are pioneering a groundbreaking solution to address these pressing issues.
Established in 2019 by medical professionals Wojciech Sierocki and Ligia Kornowska, Data Lake is an EU-funded startup pioneering a global medical data donation system built on blockchain technology, with privacy and informed consent serving as its foundational pillars. Our system enables individuals to grant or revoke consent for the utilization of their medical data in a secure, user-friendly, and private manner, while providing expansive datasets poised to revolutionize scientific research and medical studies. As one of the select few projects offering tangible, real-world solutions grounded in European legislation, including the GDPR, Data Governance Act (DGA), and the forthcoming European Health Data Space (EHDS), we are at the forefront of innovation.
Our system leverages blockchain technology to create an immutable record of donor consent, ensuring that sensitive information is only utilized with explicit permission, as cryptographically verified on the blockchain. This consent mechanism operates on the Polygon chain, a Layer 2 Ethereum solution boasting low transaction fees, rapid processing, and optimal scalability. Furthermore, our medical data ecosystem is fueled by $LAKE, an ERC20 token on the Ethereum blockchain, which serves as a gateway to participation, backed by tangible, real-world data transactions.
We envision establishing a global benchmark for international data donation, thereby democratizing access to medical data, while demonstrating that privacy and donor consent are indispensable components of any such system.