Medishares (MDS)

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Medishares will use the blockchain to make commercial centers for medical treatment, without needing the full amount of money to cover the costs.

Joke Name

Medishares = Medical Shares

Basic Intro

Link to the main website

Link to price/market cap

Exchange Ticker (MDS)

Coin or Token

Circulating Supply (1 Billion)

Total Supply (2 Billion)

Market Cap Ranking

Review

Medishares will use the blockchain to make commercial centers for medical treatment, without needing the full amount of money to cover the costs. The Medishares platform is spread over a network which uses the Ethereum blockchain and ERC20 tokens to become stable. It is open source. So anybody can see and help in its development. Anyone of the transactions made on the Medishares platform are made by smart contracts. This organization was made by Eric Yu, a full stack engineer and coordinator of XinChain.org. The white paper can be viewed at https://bit.ly/2E1dqJd (43 Pages PDF)

Key Features

  • How does Medishares Work?
  • Religious Users Only?

How does Medishares Work?

Every transaction made on the platform is confirmed.  You can offer a form of insurance and get tokens through smart contracts. The platform will be trustless, this means you won’t need to trust in people due to smart contracts. This allows for assortment of the contracts to the platform. You can do most of this by using the platform, which will be with both Android and iOS. The application will be released around the second half of 2018 and the platform should be totally operational by the end of the year if everything goes to plan.

Religious Users Only?

Medi-Share doesn’t cover untimely births or treatment for explicitly transmitted contamination. Medi-Share also acknowledge that in case you’re willing to manage your Christian people group by sharing the heaviness of doctor’s visit expenses.

Conclusion

It is a great deal with regards to your family’s medicinal needs.  Despite the fact that the program is viewed as a substitution for Obama Care it has a few imperfections and has the impression of driving you to have  convictions from a Christian which is the thing that sets this venture back as they need to develop and grow they have to cater for everybody not simply particular religions.

Pros

  • Interesting Idea

Cons

  • Not Listed on over 10 exchanges
  • Restricted
  • No backing (asset, profits, commodity)