How Ethereum is helping cancer research? 🔬
Blockchain might have its noblest use case yet!
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Did the weekend treat you well? Or did you treat yourself well this weekend? Whichever it is, we know you were looking forward to us in your mailbox. 🤓
Here’s what we’ve got for you today:
Numbers and News
Blockchain for cancer research
Web3 jobs & bonus reads
Estimated reading time: 02:42 mins
Weekly Wrap: Numbers & News 🗞
Quick web3 updates curated for you:
Apple will not exempt NFTs from its 30% “Apple Tax” on in-app purchases.
A company called AGIA International plans to sell 60 ultra-luxurious pavilions and villas on the Great Exuma Island. The only way to buy these homes will be through NFTs.
Near Protocol’s USN Stablecoin Shut Down After Collateral Gap Causes $40 Million Loss.
Paypal and Western Union are registering trademarks for a variety of crypto services.
Blockchain.com has launched a crypto Visa card that will give users 1% cash back on their purchases in cryptocurrency.
Twitter has partnered with four marketplaces to let users buy, sell and display NFTs directly through tweets.
Blockchain Can Be Used For Cancer Research
Like any problem, the answers to curing cancer are being searched by looking deeply into the information already available; scientists and researchers go through a lot of data on cells.
And similar to a lot of fields, AI is being trained to look through enormous amounts of information for better diagnosis of emerging cancerous cells.
With a research paper that came to light on Twitter, we see a group of researchers is using blockchain for it:
They are using the Ethereum blockchain to store huge amounts of biological information.
Blockchain is decentralized, so anyone working on cancer from anywhere can access the data.
This tonne of data will help AI make faster and more accurate diagnoses.
In the research paper, they found that AI systems birthed from the setup outperformed locally trained AI models and performed on par with other models trained with merged data sets (and the technique was more data efficient).
After seeing blockchain being used in finance, this is a giant leap. This might be one of the noblest use cases of blockchain we have seen till now and a great moment for everyone worth celebrating!
Arcana is addressing the key challenges of user experience and privacy in the Web3 world. Arcana is a Web3 infrastructure toolkit that makes it simple for users to access the Web3 ecosystem. The toolkit includes modular and easy-to-integrate SDKs for authentication, storage and access. With Arcana, users can easily create non-custodial wallets and store encrypted/public data on a decentralized network, all with just their email ID. Additionally, it provides the ability to set access policies to data on-chain, whether it's to restrict access to exclusive content or to enforce data privacy. Arcana makes Web3 more accessible and secure for everyone.
Learn more about Arcana 👉HERE👈
Work in Web3
Generalist 🪄 Biconomy
Content Owner 📲 WALL
Smart Contract Developer 👩💻 Tezos
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Glad you made it here!
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That’s a wrap for This Week in Web3, see you next week! 🚀
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