What is MediShares?
At core, MediShares wants to “put trust” into transactions, lower cost and increase efficiency for insurers. Those who wish to join a Mutual Aid scheme only needs to send MDS to a smart contract.
Furthermore, at MediShares anyone can become a mutual aid insurer and profit tremendously. To elaborate Mutual Aids are a type of insurance and what MediShares is doing is that they are creating a fitting market place for these insurance while taking advantage of the benefits of blockchain.
Some of the benefits of the MediShares platform include: a trustless network that relies on self-executing smart contracts, low operational cost, it is global meaning anyone can become an insurer gaining MDS tokens in the process and communal since profits are shared by policyholders.
MDS token complies with ERC20 standards. Currently the total supply stands at 2 billion MDS with a circulating supply of 1 billion MDS.