Project Update | 2020.02.17

202002

MDS is the first global mutual insurance marketplace on the blockchain. It combines the traditional mutual insurance model with blockchain and smart contract which provide a low operation cost and guarantee of compensation for risks.

We gratefully thank all the community friends and MDS fans that the project could not go far without your support and trust. MediShares project focuses on long-term development, and our community will always follow the principle of fairness and transparency. We biweekly release our project updates in form of the following progress journal:

Mutual DAO Protocol

Mutual DAO test version launched: http://mutualdao.org

MediShares lauched test of 2019nCoV Mutual Aid 武汉肺炎互助保障, the mutual aid program is currently deployed on EOS kylin testnet and join through EOS token
http://mutualdao.org/#/projectDetail?id=4

Mutual DAO Whitepaper
http://blog.medishares.org/?p=1839

Open source mutual aid smart contract code:
https://github.com/MediShares/mds-mutual-aid-dao-eos

We also target to integrate Mutual DAO with EOS Voice.com on the KYC part for mutual aid program.

Benefit of decentralized mutual aid system during large disaster

1 When suffering large disaster, centralized organization may overload in a short of time. And during the time, the resource and financial help cannot be given to the people who really need help. Decentralized mutual aid system does not have this issue and work more efficient during such time.

2 Centralized system is inevitable opacity. Decentralized mutual aid system is more transparent, auditable and equity.

3 Centralized system has single points of failure issue if the operation team is fail to operate. Decentralized mutual aid system will not crash because one or two persons issue, and is more reliable.

Guide of create a Mutual DAO contract

1 Download the smart contract code
2 Compile
3 Deploy
4 Submit the Mutual Aid Program

Detail steps:
Guide of create a Mutual DAO contract
http://blog.medishares.org/?p=2156

MediShares Chain

MediShares Chain testnet is in progress of developemnt, and the source code will be release in repo:
https://github.com/MediShares/medishares-chain-testnet

MDS – EMDS Swap

EMDS is 1:1 mapping of MDS on the EOS chain.
The reason we create EMDS is because the latest Mutual DAO system is built on EOS. And we need the EMDS token as part of the economic system.
MathWallet Cloud SWAP has supported the MDS-EMDS 2 way swap.

MDS Token Info

Total: 2,000,000,000
Total Circulating: 742,999,401
Lockdrop: 361,205,413
VPOS Pool: 145,770,231
Actual Circulating: 236,023,757

Data Source:
https://coinmarketcap.com/currencies/medishares/
https://www.feixiaohao.com/currencies/medishares/
http://blog.medishares.org/?p=1965
http://explorer.mathwallet.org

Exchanges
Huobi: https://www.huobi.vc/zh-cn/exchange/mds_usdt/
Gate: https://www.gateio.life/trade/MDS_USDT
CEX: https://cex.plus/market/mds_usdt
FUBT: https://www.fubt.com/#/TradeCenter/mdsusdt
Newdex: https://newdex.vip/trade/medisharesbp-emds-eos

MDS Telegram Group

https://t.me/medisharesEN

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