Press Release: Data Lake Launches Privacy-First Medical Data Donation Program

We are excited to introduce LAKE.fun, a groundbreaking platform that empowers researchers to tokenize their scientific projects, build communities around their research, and enable participants to contribute meaningfully while being rewarded in LAKE tokens. LAKE.fun is poised to create a vibrant ecosystem where data becomes the backbone of research funding and collaboration for the Decentralized Science (DeSci) space. LAKE.fun is a tool enabling tokenization of research projects, backed by the value of data they generate, as well as leveraging the Data Lake blockchain infrastructure. It’s an additional product in the Data Lake ecosystem to further support decentralized, ethical, and efficient scientific research, leveraging the Data Lake Application and Chain. Let’s dive into what makes this platform unique and how it compliments the efforts of other projects in DeSci.    The Data Lake Journey: A Foundation for LAKE.fun Data Lake has proven the success of building a business model rooted in data. From enabling consent on-chain transactions to forging partnerships with global players, we’ve demonstrated the demand for decentralized, data-driven solutions in research. Our state-of-the-art patient recruitment application already supports evidence generation in healthcare and advancing collaboration between researchers and the industry. With LAKE.fun, we will enable researchers to: Fund research

As a leader in Decentralized Science (DeSci), Data Lake is at the forefront of transforming how consent is shared and managed in scientific research. By leveraging blockchain technology, we are building a transparent, patient-first platform for consented research enrolment on top of Arbitrum Orbit Technology, supported by a grant awarded by the Arbitrum Foundation. What Are We Doing? Data Lake has built the Data Lake Chain, a Layer 3 blockchain designed specifically for decentralized consent management in healthcare and research. This chain, created using Arbitrum Orbit, is the backbone of our ecosystem and supports: Informed Consent Management: Enabling patients to securely provide and manage consent for their medical data to be used in research. Decentralized Collaboration: Facilitating partnerships between researchers, healthcare providers, and patients in a transparent and efficient manner. Scalability and Security: Delivering a robust infrastructure capable of handling the unique demands of DeSci projects. This is a significant step forward in our mission to revolutionize scientific research, ensuring that data sharing is ethical, transparent, and beneficial for all stakeholders. Why Arbitrum Orbit? Arbitrum Orbit provides the ideal foundation for the Data Lake Chain due to its advanced Layer 2 and Layer 3 technology. Here’s why it stands out: