The FLOCK token climbed sharply on the Bybit spot market on July 15 after the World Economic Forum included FLock.io in its MINDS program. The project focuses on federated learning, a method that allows AI models to be trained without organizations having to share sensitive data. The technology is already used by two institutions within the UK’s National Health Service (NHS).
FLOCK surged from around $0.0325 to a peak of $0.037 within minutes, gaining nearly 14% before pulling back to $0.0363. Trading volume on the five-minute candle reached 578K FLOCK, well above the levels seen during the previous hours.
Private AI for UK Hospitals
FLock.io combines federated learning with blockchain technology, allowing healthcare institutions to train AI models together while keeping full control over patients’ original data. At Moorfields Eye Hospital, the system is used to detect eye diseases, while at UCLH, it helps monitor glucose levels in patients with diabetes.
Solutions like this are attracting growing interest from major institutions that need to advance AI while complying with strict regulations that prohibit the unrestricted sharing of personal data between organizations.
The FLOCK token powers the ecosystem. Participants use it to earn rewards, contribute to model training, and vote on project governance.
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