Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Ethereum’s Vitalik Buterin Donates $5.3M to Kirby Institute

Cryptocurrency May 13, 2022 10:30AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters Ethereum’s Vitalik Buterin Donates $5.3M to Kirby Institute

  • Vitalik Buterin gifted USDC$4M or $5.3M to Kirby (NYSE:KEX) Insitute UNSW Sydney.
  • His donation is believed to be the largest-known cryptocurrency given to an Australian high education institution.
  • The donation was to support the development of a pandemic detection tool named EPIWATCH.

Vitalik Buterin, co-founder of Ethereum, gifted the Kirby Institute at the University of South Wales (UNSW) Sydney to help build a tool that would warn of future pandemics.

The founder of the world’s second biggest cryptocurrency gave USDC$4M (stablecoin), which approximately converts to $5.3 million. It is believed to be the largest-known cryptocurrency given to an Australian high education institution.

The donation was received to support EPIWATCH, an open-source intelligence (OSINT) tool developed by UNSW Kirby Institute’s Professor Raina MacIntyre.

EPIWATCH development began in 2016 and strengthened extensive research and testing. The said tool works by scanning millions of items of publicly available online data, such as social media and news reports, to spot epidemics far faster than formal reporting from national laboratories and doctors.

Buterin said:

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.

According to Professor MacIntyre, the gift will allow the team at UNSW’s Kirby Institute 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,” she said. “Using AI and real-time open-source data, EPIWATCH does not depend on people making reports. It is a great equalizer and can overcome weak health systems and censorship.”

For the tool to be most effective, it needs to be accessible in local languages and used widely at the grassroots level down to villages and small towns around the world. This will give the best prospect of preventing pandemics.

Meanwhile, Professor Attila Brungs, vice-chancellor and president of UNSW Sydney, expressed his appreciation for the gift they have received from the Balvi fund. “We have seen the ravages of the COVID-19 pandemic around the world in the past two years. By making EPIWATCH accessible in lower income countries, the Shiba Inu OSINT Initiative has the potential to avert future world crises like pandemics,” he added.

Continue reading on CoinQuora

Ethereum’s Vitalik Buterin Donates $5.3M to Kirby Institute
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email