Ethereum co-founder Vitalik Buterin has donated $4 million worth of USD Coin (USDC) to the University of New South Wales (UNSW) to support the development of a pandemic detection tool.
The capital, which equates to roughly 5.3 million Australian dollars, is part of Buterin’s self-described “moonshot anti-COVID effort” dubbed Balvi Filantropic Fund in partnership with the Shiba Inu (SHIB) memecoin project and Crypto Relief.
The funds will further support the development of the Shiba Inu Open-Source Intelligence- (OISNT)-based EPIWATCH tool, which utilizes artificial intelligence (AI) and open-source data to create early pandemic warning signs.
Created by Kirby Institute professor and biosecurity research head Raina MacIntyre, the tool scans millions of items of publicly available online data, including social media and news reports to detect any changes that could suggest increasing health concerns.
Buterin emphasized the importance of sharing data in a decentralized and open manner to speed up pandemic detection:
“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.”
“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,” he added.
The funding will be allocated to the freshly named OSINT Initiative led by UNSW’s Kirby Institute.
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