πŸ”—Data Lake Chain

On April 15th, 2024, we have announced the beginning of our journey to launch our very own Rollup blockchain: the Data Lake Chain! The Data Lake Chain has the potential to become the biggest implementation of blockchain in healthcare, science, and AI, ever. Its public launch is scheduled for Q2 2024 (visit #roadmap for a complete overview).

Here are the reasons why we are building it:

  • Scalability: lightning-fast transactions at a fraction of the cost. Data Lake is expanding, and quickly: we have already processed thousands of consents-related transactions on-chain, and since we made available our patients recruitment Application to the public, we are expecting an increase in the number of consents processed daily. By deploying our App on the Data Lake Chain, we, and partners and customers using our chain, will be capable of processing data of millions of patients’ consents, all within a sustainable environment powered by the $LAKE token that will allow us to keep the costs at a fraction of the current ones.

  • Adoption: a blockchain suited for science, healthcare and AI. The Data Lake Chain will provide a perfectly compliant environment for healthcare institutions. These institutions will be empowered with the possibility to run their own nodes and store data on premise, reclaiming control over data and ensuring access and proper retention.

  • A new use case for the LAKE token! $LAKE will be fueling the network by facilitating transactions and incentivizing network participation. As demand for scalable data solutions surges, $LAKE stands poised to emerge as a cornerstone of the healthcare blockchain ecosystem. Visit #LAKE Token to discover all LAKE’s use cases.

  • And a lot more! Having our own Chain opens up to infinite possibilities for Data Lake. Our initial focus will be onboarding institutions as chain node operators, empowering them to securely manage consents within the Data Lake Chain. Then, as our Chain evolves, so too will their role within the ecosystem, as they will start playing an active role in DeSci and the future of healthcare, leveraging the Data Lake Chain as their digital headquarter for consents management. At Data Lake, we are also committed to bridging this gap by cultivating connectivity among DeSci protocols, envisioning the Data Lake Chain as the linchpin in this mission.

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