What is MediShares? MediShares (MDS) is a decentralized and open-source charity marketplace built on the Ethereum Blockchain. In this article, as Kriptokoin.com, we have answered the questions that are curious among investors such as what MediShares is, what it offers, what is MDS, what is it, how to get it. Let’s examine together this Blockchain ecosystem, which serves as a mutual aid market.
What is MediShares?
Creating an ecosystem that combines blockchain and healthcare is an area that several companies are actively exploring. MediShares aims to create the world’s first mutual aid market with Blockchain technology. It is also one of the welcome exceptions in this regard. By placing trust in transactions, the project also increases overall efficiency for insurers. In doing so, it also helps to reduce operational costs. The platform, built on the Ethereum Blockchain, works with a token called MDS.
Mutual aid marketplace MediShares hopes to bring together the blockchain and medical industry. Anyone in the world can participate in the mutual aid scheme by sending cryptocurrencies to the smart contract associated with the venture. Also, anyone can become a mutual aid insurer using the provided smart contract templates. As the platform is based on Ethereum, it offers all the functionality provided by the Ethereum Blockchain to its users. Smart contract technology ensures low operating costs.
What does MediShares offer?
MediShares differs from other projects in that it brings together healthcare and Blockchain. The ecosystem has a structure where everyone can join the platform. Accordingly, anyone around the world can buy aid by sending cryptocurrencies to the relevant smart contract. In addition, users can also provide services to other users through smart contract frameworks. So it is also possible to take part in the network as an insurer. The platform offers a wide range of products thanks to Ethereum smart contracts.
What is MDS? What does it do?
According to the website, there are many reasons to pay attention to the MDS token. Each new user joining the mutual aid system causes the MDS to burn out and the circulating supply decreases. Also, additional users cause more tokens to be locked in smart contracts. This is another factor that positively affects the value of the coin. With MDS, the native cryptocurrency of the MediShares platform, users can purchase mutual assistance. They can also earn rewards with this cryptocurrency by joining the network as an insurer.
What is MediShares? How to get MDS?
MediShares is a project listed on a number of cryptocurrency exchanges. Investors who want to buy MDS tokens need access to exchanges such as Huobi Global and Gate.io accordingly. After they do this, they must create an account and verify the account they created. Thus, they can access the relevant parities through the account they have created and place a purchase order from MDS’s parity.