Vitalik donates $4M to Uni of NSW for pandemic detection tool

Share This Post

“Imagine if someone had detected COVID-19 before it spread around the world – that is our vision,” said professor Raina MacIntyre.

Ethereum co-founder Vitalik Buterin has donated $4 million worth of USD Coin (USDC) to the University of New South Wales (UNSW) to support the development of a pandemic detection tool.

The capital, which equates to roughly $5.3 million Aussie dollars, is part of Buterin’s self-described “moonshot anti-COVID effort” dubbed Balvi Filantropic Fund in partnership with the Shiba Inu memecoin project (SHIB) and Crypto Relief.

The funds will further support the development of the OISNT-based EPIWATCH tool which utilizes artificial intelligence (AI) and open-source data to create early pandemic warning signs.

Created by Kirby Institute Professor and Biosecurity Research head Raina MacIntyre the tool scans millions of items of publicly available online data, including social media and news reports to detect any changes that could suggest increasing health concerns.

Buterin emphasized the importance of sharing data in a decentralized and open manner to speed up pandemic detection:

“Open analysis of public data is an excellent alternative to more intrusive forms of monitoring, which are also often only available to governments and other high bidders but closed to the public.”

“By contrast, an open-source and open-access approach that allows researchers, including members of the public, to work collaboratively across the world can be more easily improved and scaled to detect new pandemics wherever they begin,” he added.

The funding will be allocated to the freshly named Shiba Inu Open-Source Intelligence (OSINT) Initiative led by UNSW’s Kirby Institute.

Professor MacIntyre said the idea was to make the tool accessible at a “grassroots” level and make sure it covers enough languages to reach “villages and small towns around the world.”

“Imagine if someone had detected COVID-19 before it spread around the world — that is our vision. Using AI and real-time open-source data, EPIWATCH does not depend on people making reports. It is a great equalizer and can overcome weak health systems and censorship.”

Earlier this month, the Balvi Balvi Filantropic Fund announced its first round of financial support for various projects and organizations that are building COVID and pandemic prevention technology.

Related: Buterin: L2 transaction fees need to be under $0.05 to be ‘truly acceptable’

There were four recipients in total for the first round, including the open-source vaccine development RADVACproject, the Upper Room UVGI Project working on UV lamps that “zap viruses to death”, Active IAQ’s air filter initiative and Patient-Led’s long COVID symptom research.


Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Bitcoin ETFs record $150 million inflow amid price rebound

Bitcoin price dipped to a daily low of $62,586 after briefly touching the $64,000 mark for the first time this month According to CryptoSlate data, the flagship digital asset has since recovered the

Ethereum Foundation Cashes Out: 300 ETH Sold in Latest Move

The AI-powered sleuth Spot On Chain dropped a bombshell on X today: the Ethereum Foundation just offloaded 300 ETH, pocketing a cool 763,092 DAI “Overall, since the beginning of September, the

The rise of DogLibre: Merging decentralized technology with animal welfare

DogLibre, founded by Lee Lin Liew, represents an innovative fusion of blockchain with a mission-driven purpose: to improve the lives of stray and pet dogs By utilizing Web3 technologies, DogLibre

Ripple Whales Accumulate Over 380 Million XRP in Just 10 Days: Is A Breakout Near?

XRP has shown remarkable resilience recently, maintaining its position above a critical support level, though a significant price move still looms Key data from Santiment reveals that whales are

Bitcoin’s Final Cycle Pump Kicks Off, Here’s How High It Could Go

Given the renewed upward performance of the entire cryptocurrency market following the recent Federal Reserve (Fed) interest rate cut, Bitcoin is witnessing a wave of bullish predictions from crypto

MicroStrategy raises $1 billion via latest debt offering, reveals it bought 7,420 Bitcoin this week

MicroStrategy, in a Sept 20 filing with the US SEC, declared the acquisition of 7,420 BTC for $4582 million at an average price of $61,750 per Bitcoin between Sept 13 and Sept 19 According to the SEC