💽Product

We have built the Data Lake Application, a platform where researchers can publish their trials and healthcare providers can be rewarded for referring patients.

Our decentralized recruitment system is poised to spur innovation and advance medical research, serving as a crucial tool for the data economy emerging from the latest EU legislation, such as the Data Governance Act (DGA), which entered into force in September 2023.

The platform uses Polygon PoS Blockchain Network for tracking and managing patients’ consents and operations on data.

In essence, any researcher can use the Data Lake System to publish their research project, create forms and surveys with inclusion criteria to collect data, refer their network of clinics and hospitals and set a bounty in $LAKE tokens to incentivize data consent collection.

By using the Data Lake App, researchers can track patients' enrollment in real time while remaining in a GDPR-compliant environment that can be easily audited thanks to the logs of the system and consent statuses stored on the blockchain.

Healthcare providers, such as clinics and labs, can browse research projects available, check the inclusion criteria, evaluate the bounties and rewards and finally — collect signatures from patients who are interested in being involved in a particular research.

When it comes to the patients who physically go to their local hospital or clinic, they can decide to contribute to medical research by consenting on our platform on the mobile device of their trusted healthcare provider.

Needless to say, patients can manage their consent, control how their data is used, and potentially be rewarded with a $LAKE token bounty, if a researcher decides to set up one. At Data Lake, we have always believed that unlocking medical data should never come at the expenses of patients, who should instead be able to contribute to medical research in a transparent and ethical environment that rewards them for their efforts.

The platform integrates the $LAKE token. The token on the platform may be used as:

• An access token for researchers to be able to use the system and publish trials. To use the App, researchers need to hold at least 10,000 $LAKE tokens in their wallets. $LAKE is available on the Uniswap DEX on Ethereum (token contract: 0xf9ca9523e5b5a42c3018c62b084db8543478c400). You can also purchase it using a credit card through our dApp at dapp.data-lake.co.

• An incentive token, where researchers may be able purchase the tokens and set bounties and rewards both for healthcare providers and patients. System users may be able to exchange the tokens for benefits and bounties on the platform or withdraw them if they wish to.