Follow Us

Header Ad

Latest Posts

Categories

Vitalik Buterin donates 4 million USDC to develop pandemic detection tool


Ethereum co-founder Vitalik Buterin donated $4 million in USDC to the Australian University of New South Wales (UNSW) to develop a solution to prevent pandemics.

The institution converted the cryptocurrency into 5.3 million Australian dollars. The funds will be used to further develop EPIWATCH, an open source intelligence tool (OSINT) for early detection of pandemics.

Since 2016, Professor Rayna McIntyre of the UNSW Kirby Institute has been developing the solution. EPIWATCH uses massive amounts of online data and artificial intelligence to detect early signals of epidemics.

According to the statement, the tool is much faster than official health care systems, but does not replace them.

Buterin’s funds will help McIntyre’s team make EPIWATCH accessible to low- and middle-income countries, the university said.

“Imagine if someone discovered COVID-19 before it spread around the world – that is our mission. Using artificial intelligence and real-time data from open sources, EPIWATCH does not depend on people making reports. This is a great equalizer that can overcome weak health systems and censorship, ”said the professor.

Buterin donated to the initiative through the Balvi Filanttropic Fund. He launched the organization in January after India’s COVID-19-focused Crypto Relief fund returned $100 million to SHIBA from an approximately $1 billion grant.

Recall that in April, the co-founder of Ethereum sent 1,500 ETH (more than $4.7 million at that time) to help Ukraine.

Subscribe to ForkLog news on Telegram: ForkLog Feed – the entire news feed, ForkLog – the most important news, infographics and opinions.

Found a mistake in the text? Select it and press CTRL+ENTER



My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

Forgot Password