Berlin, Germany, twenty seventh September 2024, ZEX PR WIRE, Welshare Well being, an industry-leading firm within the DeSci (Decentralized Science) area, revealed it’s growing the primary decentralized utility empowering people to contribute to AI-driven medical research. The app is constructed on Base and helps sufferers achieve extra management over their well being knowledge whereas personalizing their contributions to medical research. The builders declare the Welshare Well being app has the potential to revolutionize how medical research is performed and healthcare is delivered.
Welshare Well being launched the preliminary closed beta model of the dApp in Might 2024. The appliance makes use of DeSci to harness the mixed energy of AI-driven medical research and Web3 applied sciences. Decentralized Science is an rising area that makes use of blockchain and different decentralized applied sciences to democratize scientific research. Whereas the app continues to be in closed beta testing, potential customers can signal up for the unique ready record to realize early entry.
Welshare Well being believes conventional medical research is gradual and faces vital challenges primarily as a result of it has restricted entry to various datasets. Allegedly, medical research corporations spend up to $600 billion yearly on knowledge silos as a consequence of outdated medical trial recruitment and the shortage of affected person habits insights. In the meantime, sufferers have little management over how corporations use their well being knowledge, thus benefitting little or no from collaborating in research research.
The Welshare Well being utility eliminates intermediaries and connects sufferers instantly with medical research. In consequence, it permits people to manage their well being knowledge and helps medical research organizations deal with the $600 billion well being knowledge market drawback. The corporate leverages Web3 applied sciences, equivalent to blockchain-based good contracts, that safe knowledge processing, possession, and monetization whereas holding data non-public.
The app will initially give attention to diabetes research, connecting customers to research initiatives by the corporate’s companions in diabetes affected person advocacy teams. Nonetheless, the builders encourage people to signal up and full a medical questionnaire even when they don’t have diabetes. Their knowledge will assist broaden the app’s database because it strikes into different therapeutic areas.
The Welshare Well being group is conscious of the various challenges that people dwelling with kind 1 diabetes (T1D) face, together with non-personalized AID programs. This challenge prevents them from successfully addressing the various physiological and life-style elements influencing blood glucose dynamics. A few of these issues embody frustration, nervousness, and an elevated burden of illness administration.
Welshare Well being goals to resolve these points through AI integration in growing hyper-personalized algorithms able to revolutionizing AID expertise. These algorithms would personalize insulin supply, implement predictive analytics, leverage adaptive studying, and combine different elements, equivalent to wearables, of the broader digital well being ecosystem.
Welshare Well being combines DeSci and AI inside its app to rework sufferers’ lives and provides them extra management over their medical points. Within the app’s dynamic ecosystem, people turn out to be lively contributors in medical research reasonably than passive knowledge contributors. The app makes use of decentralized governance mechanisms and good contracts to incentivize customers to share their knowledge ethically and responsibly whereas making certain a good and equitable distribution of rewards.
About Welshare Well being
Welshare Well being boasts a robust community in each the pharmaceutical and Web3 sectors. The corporate combines conventional healthcare experience with cutting-edge decentralized expertise to supply a novel utility bridging people with the way forward for medical research. The app’s AI-driven insights empower customers to make knowledgeable selections about their well being. This strategy drives proactive engagement in preventive care and illness administration.
The group consists of healthcare consultants with over a decade of expertise in top-10 Pharmaceutical and hospital establishments, together with Sanofi and Charité. Different members of the Welshare Well being group embody blockchain consultants, cell app builders, advisors in enterprise improvement and advertising, and technical and affected person group leaders. In keeping with the undertaking’s whitepaper, collectively they share the imaginative and prescient of “a world where everyone can actively participate in advancing medical knowledge and improving healthcare outcomes.”
You may study extra about Welshare Well being and keep up-to-date with its developments right here: Web site | X (Twitter) | Telegram | Discord