phas3 has been exploring Web3 solutions for data privacy with LYNX – a phas3-led R&D project. The aim of LYNX is to enable privacy-preserving storage, sharing and analysis of sensitive data – with a focus on biometric data from wearable devices – to amplify user insights and catalyse science and innovation.
This idea originated from a need expressed by a previous employer to be able to gather insights on employee well-being but not wanting to collect and store the raw data. LYNX came about as an answer to this problem. It also emerged as a solution to empower individuals to maintain ownership and control over their data, whilst being able to permit it for specific uses and maintain data privacy. Originally the solution did not use any Web3 tooling but as we started to think through the problem it became clearer that Web3 tooling could prove useful for data provenance tracking and implementing incentive mechanisms.
Initially, the team carried out market and user research on version 1 of the ‘Lite Paper’ to inform the solution. Insights from this research clarified that users felt a lack of ownership over their data and issues with data privacy and anonymity. They also highlighted that any solution should guard against future threats. Participants also wanted information on pricing and user experience. The research also highlighted that communication needed to be clearer around:
How Web3 tools offer advanced protections/security and AI analysis capabilities
What are the benefits of data ownership
What will happen to data once it is shared
The UCL Santander Summer Showcase celebrated UCL's most promising startups. The event was supported by Santander Universities UK.
Out of multiple startups, phas3 was awarded two prizes – Finalist for the Hatchery Startup of the Year award and Finalist for the Most promising female-led startup award.
The Santander event sponsor commented that phas3 was the first business to mention blockchain and “web3” across all the university entrepreneur events across the UK they had hosted so far.
phas3 recently hosted ID3 – an online ideathon on web3 for international development.
The purpose was to foster a community and crowdsource ideas on web3 for international development.
The event was a collaboration between phas3 and the Frontier Technologies Hub, funded by UK Aid.
Teams were given a list of five themes and were asked to work through a series of tasks to help develop their idea over 48hrs. There were four prizes up for grabs.
phas3 co-founders, Sarah and Alexandra, recently spoke at “Crypto and Digital Assets: The Exponential Opportunity?” – a Real Vision family office event at The Londoner Hotel, London. The event was hosted by Raoul Pal and his expert Real Vision team. The aim was to bring Club b members together with a carefully selected group of the sharpest minds in crypto to explore and assess the compelling opportunities in this rapidly growing sector.
The panel firstly discussed “What is DeSci?” for the room of investors who may not have encountered the term before. They then delved into the issues scientists face every day – from funding gaps to the replication crisis. The panel then discussed what is emerging in the DeSci space, including IP-NFTs, decentralised data and AI. This was followed by a range of interesting and engaging questions from the audience.
On the second day of the conference, Alex and Sarah were invited to speak about Opportunities and Risks for DeSci. This was followed by a workshop hosted by the pair focused on values and principles for DeSci.
You can watch the talk here.
Calling all those interested in web3 and international development!
We at phas3 present to you ID3 – an ideation hackathon focused on international development.
The purpose of this ideathon is to foster a community focused on sharing and exploring ideas around Web3 and international development.
We are pleased to welcome Somachi and Zachary into phas3 and LYNX. Somachi will be working as the Communications Lead for Phas3 and Zachary will be working as the Interim Product Lead for LYNX (a phas3 project).
Hello, I’m Somachi Ngoka, a third-year student at UCL studying Information Management for Business. My degree is a combination of IT, Management and Business; therefore, I feel this gives me the range to explore different career fields. I recently joined the Phas3 team as the Communications Lead and I am helping with community building as well as social media outreach.
Having worked in different backgrounds, I believe I have gained multiple transferrable skills which I feel would be useful to this role. These include communication skills, team-building skills and analytical skills. Additionally, I have relevant experience working with social media for an advisory company, therefore the job description for this role was familiar to me.
We recently hosted an event at UCL’s startup incubator – The Hatchery – to discuss “What is Web3?” with UCL students and leaders across the London startup community.
We covered the technology basics before giving an overview of how web3 is disrupting diverse industries, what’s emerging, and how people can get involved.
The event culminated with a panel discussion featuring Rachel Black (Cofounder Good Ghosting) and & Jonathan Clark (Cofounder Float Capital & Wildcards) about their web3 journey and advice for entrepreneurs in the space.
Check out a highlight and the full recording below:
phas3 took part in the recent ETHAmsterdam hackathon.
Our co-founders, Alexandra and Sarah, recruited three talented teammates through the ETH Global discord – Oliver Klingefjord @klingfjord, Ashwin Konale @konaleashwin, and Javier Bullrich @javierbullrich.
For the first time ever the Crypto Gathering, hosted by Real Vision, had a 3rd day of talks called “THE COMMUNITY DECIDES…”. This was one full day dedicated to sessions voted on by the Real Vision Pro Crypto community with one of the chosed topics being Decentralised Science also known as “DeSci”.
The session had hundreds of people tune in from all over the world during which Sarah and Alexandra explained what DeSci is; What pain points of traditional science could DeSci solve; What are some of the most exciting things happening in the space?; What are the roadblocks to DeSci?; What are we building with LYNX; and What can investors look at if they want to invest in DeSci?
The session was well received by the host, Santiago Velez, and the Real Vision community. Please see some of the feedback below.
Our founders, Sarah and Alex, were invited onto the Rabbithole podcast to talk about DeSci (Decentralised Science) and LYNX.
Sarah and Alex talk about how they found their way into web3 from backgrounds in traditional science and software engineering. They discuss some of the problems traditional science is facing and how DeSci can solve them. Then they cover the issue of censorship, and how blockchain can be used to expand participation in science.
Sarah and Alex also dive into LYNX — what it’s all about, the problems it solves, and how it uses blockchain and decentralised ledger technologies. They talk about the dangers involved in centralised entities getting hold of our personal data from wearables, and some specific use cases for LYNX.
Finally, they talk about collaboration in the DeSci community and how it compares to more traditional industries. Sarah and Alex share their long-term vision for LYNX and DeSci in general.
This introductory guide covers how DeSci came to be, what its defining features are, what the major debates and open questions are within the movement, and where the greatest opportunities and challenges lie.
In December 2021, we published an article on Decentralised Science (DeSci) in the journal, Nature. This article aimed to inform the wider scientific community of the DeSci movement happening in Web3.