Friday, 13 May 2022 10:23

Ethereum co-founder Vitalik Buterin donates US$4 million cryptocurrency coins to UNSW Sydney to detect early signs of pandemic

By

UNSW Sydney has received the largest known cryptocurrency donation to a higher education institution – US$4 million ($5.3 million) in cryptocurrency coins – from Ethereum co-founder Vitalik Buterin, which will be used to support an open-source tool providing early warning of pandemics.

The four million dollars cryptocurrency coin will be used to establish the Shiba Inu OSINT Initiative. The cryptocurrency is from Buterin’s Balvi Filantropic Fund.

UNSW’s Kirby Institute managed the funding.

The crypto gift, which has been converted to $5.3 million, will support the development of Epiwatch, an open-source intelligence tool developed by Kirby Institute professor Raina MacIntyre to provide pandemic early warning signals.

Epitwatch development began in 2016 and is underpinned by research and testing.

It makes use of open-source data and artificial intelligence to create early warnings. The tool works by scanning millions of items of publicly available online data, such as social media and news reports, for early signs of epidemics.

It uses vast amounts of data in real time to detect changes to what is considered normal reports about health concerns. UNSW says this is much quicker than waiting for formal reporting through doctors and laboratories.

Epitwatch does not replace formal reporting, but provides earlier warnings of epidemics that can be formally investigated by health authorities.

The gift will allow the team at UNSW’s Kirby Institute, spearheaded by Prof. MacIntyre, Biosecurity Research Program head, to make Epiwatch accessible to low-and middle income countries.

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

“Using AI and real-time open-source data, Epiwatch does not depend on people making reports. It is a great equaliser and can overcome weak health systems and censorship.”

The OSINT tool has been developed from grants contributed by the National Health and Medical Research Council (NHMRC) and Medical Research Future Fund (MRFF).

The Shiba Inu OSINT Initiative will enable Epiwatch to be used in low and middle-income countries where MacIntyre says it is needed most.

“To be most effective, it needs to be accessible in local languages and used widely at the grass roots level down to villages and small towns around the world. This will give us the best prospect of preventing pandemics,” says MacIntyre.

“The earlier we can detect new epidemics as they come, the more quickly we can start developing treatments or even stop them before they become large. 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,” Buterin says.

“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.”

Buterin has already made significant philanthropic contributions for social impact, including to improve the COVID response in India (India Crypto Relief Fund) and to support Ukrainian relief.

“We have seen the ravages of the COVID-19 pandemic around the world in the past two years. By making Epitwatch accessible in lower income countries, the Shiba Inu OSINT Initiative has the potential to avert future world crises like pandemics. It’s a powerful opportunity to drive meaningful social change and far better health outcomes, not just for the people in those countries but for everyone globally,” concludes UNSW Sydney vice chancellor and president Attila Brungs.

Read 3476 times

Please join our community here and become a VIP.

Subscribe to ITWIRE UPDATE Newsletter here
JOIN our iTWireTV our YouTube Community here
BACK TO LATEST NEWS here




IDC WHITE PAPER: The Business Value of Aiven Data Cloud Solutions

According to IDC, Aiven enables your teams to perform more efficiently, reduce direct infrastructure costs, and provide improved database performance, agility and scalability.

Find out how Aiven makes teams 48% more efficient, allowing staff to focus on high-value activities that drive real business results:

340% 3-year ROI – break even in 5 months (average)

37% lower 3-year cost of operations

78% reduction in staff time for database deployments


Download the IDC White Paper now

DOWNLOAD WHITE PAPER!

PROMOTE YOUR WEBINAR ON ITWIRE

It's all about Webinars.

Marketing budgets are now focused on Webinars combined with Lead Generation.

If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event.

The iTWire campaign will include extensive adverts on our News Site itwire.com and prominent Newsletter promotion https://itwire.com/itwire-update.html and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV https://www.youtube.com/c/iTWireTV/videos which will be used in Promotional Posts on the iTWire Home Page.

Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinars and campaigns and assistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview.

We look forward to discussing your campaign goals with you. Please click the button below.

MORE INFO HERE!

BACK TO HOME PAGE
Kenn Anthony Mendoza

Kenn Anthony Mendoza is the newest member of the iTWire team. Kenn is also a contributing writer for South China Morning Post Style, and has written stories on Korean entertainment, Asian and European royalty, Millionaires and Billionaires, and LGBTQIA+ issues. He has been published in Philippine newspapers, magazines, and online sites: Tatler PhilippinesManila BulletinCNN Philippines LifePhilippine StarManila Times, and The Daily Tribune. Kenn now covers all aspects of technology news for iTWire.com.

Share News tips for the iTWire Journalists? Your tip will be anonymous

Subscribe to Newsletter

*  Enter the security code shown:

WEBINARS & EVENTS

CYBERSECURITY

PEOPLE MOVES

GUEST ARTICLES

Guest Opinion

ITWIRETV & INTERVIEWS

RESEARCH & CASE STUDIES

Channel News

Comments