What is MediShares? What Does MDS Do?

What is MediShares? MediShares (MDS) is a decentralized and open-source charity marketplace on the Ethereum Blockchain. Koindeks.com In this article, we have answered the questions asked by investors such as what MediShares is, what it offers, what is MDS, what it does, and 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. In addition, it is one of the welcomed exceptions in this regard. Placing belief in processes, 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 blockchain and medicine together. Anyone in the world can participate in the mutual aid scheme by sending cryptocurrencies to the smart contract connected with the enterprise. Also, anyone can become a mutual aid insurer using the smart contract templates provided. 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 is different from other projects as it brings health and Blockchain together. The ecosystem has a structure where everyone can join the platform. Accordingly, everyone around the world can buy aid by sending crypto money 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 works thanks to Ethereum smart contracts.

What is MDS? What’s the use?

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. Additionally, additional users cause more tokens to be locked in smart contracts. This is another factor that positively affects the price of the coin. With MDS, the local 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 to access exchanges such as Huobi Global and Gate.io accordingly. After they do this, they must create an account and verify the account they have created. In this way, they can access the relevant parities through the account they have created and can give a purchase order from MDS’s parity.

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