Project Overview
Blockchain-based, decentralized, open source mutual assurance contract market. Anyone can obtain the compensation qualification of the mutual guarantee contract on the platform by locking the MDS Token of MediShares, so as to obtain the guarantee specified by the contract. Anyone can publish the mutual guarantee contract through the MediShares platform and the smart contract template provided by MediShares, and obtain MDS from it. award.
Project Highlights
No fund pool: use smart contracts to solve fund security problems.
Efficient operation: Use smart contracts and DAOs to improve the operational efficiency of mutual assurance contracts.
Incentive mechanism: Anyone can initiate a shared guarantee contract based on the smart contract template, and thus obtain MDS Token.
Value sharing: enable security participants to share the benefits and value generated by the community.
Global market: Based on the borderless circulation characteristics of MDS Token, the MediShares market is open to global users, and uses the blockchain to complete compensation and settlement.
Application scenarios
Critical illness protection contracts mainly cover the protection of major diseases such as cancer. Through claims investigation and publicity and community voting to complete the payment, MediShares can well solve the capital pool transparency of critical illness protection question.
There are a large number of diving enthusiasts around the world, but diving, as a sport with the highest mortality risk, does not have a corresponding accident insurance product. MediShares can provide a one-stop platform for the mutual protection of the community.
Because of the high maintenance price of luxury cars, most insurance companies refuse to cover them, or the insurance costs are extremely high. MediShares can effectively reduce the cost of luxury car insurance.
A large number of patients with chronic diseases (such as hepatitis B, etc.) are reluctant to purchase insurance, because they are worried that they may reveal their personal privacy and lose their jobs. MediShares can solve the problem of privacy and security through the blockchain.
Weather disasters are very rare events in specific countries and regions, but they are frequent events on a global scale. By reading the global weather and earthquake-related data interfaces, MediShares will achieve real Fully automatic guarantee contract.
As more and more virtual digital assets enter the lives of ordinary people, the demand for security protection of virtual assets is also increasing. MediShares provides the possibility for virtual asset protection.
