Myown goal flourishes from a early age belief that what you make belongs to you, and shouldn’t be hard to give to somebody without worries of it being stolen or replicated. A plans to develop and integrate a new form of encrypted extension file that can encapsulate and cloak the files being created through it. Through hardware implementation and software additions, They plans to revitalize the media market through military-grade encryption used to attach the Blockchain and it’s immutable ledger to multi-media creation, exchange, and market development.
Myown goal is to balance the power of media ownership between the creator and receiver in a way that would retain value for the creator, but implement a volatile marketplace for the receiver in a way that would profit both through exchange of media and supply/demand. With Decibels, they plan to innovate and secure this exchange through all forms of implementation right on down to hard-coded radio, mp3 player, and file extensions.
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WDMD tokens will be used to pay for all services within the Worldwide Meds Ecosystem and also be used to reward Myown active contributors, partners, patients, doctors and other healthcare providers via a profit sharing system integrated on the platform. All healthcare service providers registered on company platform will be remunerated in WDMD tokens which can be withdrawn to any ERC-20 compatible wallets and will be tradable on various top crypto exchanges. They Coin is a Blockchain protocol for Telehealth and telemedicine.
Through Myown smart contract feature, WDMD Coin will enable users in the third world countries to have access to doctors around the world 24 hours a day and 7 days a week for specialist advice. The implementation of your project will be fully based on a decentralized network. They strongly believe that the WDMD coin will help put an end to most of the challenges currently bedevilling the health sector with the help of blockchain technology. In randomness-based sharding, a mutually agreed random number is used to determine the sharding assignment for each node.
Functions of via smart contracts
Myown is an ecosystem that empowers people to manage their healthcare wherever they are in the world, 24/7. Built on blockchain technology, a company ecosystem helps to make interactions between all participants transparent and simple. A company platform facilitates mutual financial settlements, open access to medical records and to specialist’s certification status. The World Wide Meds platform facilitates an integrated ecosystem for all parties relevant to medical consultations, from doctors to patients to insurance companies and even more.
The implementation of these functions via smart contracts allows to introduce telemedicine services to insurance programs, while reducing costs for the provision of online consultations by automating large parts of the process for all parties. However, Ethereum didn’t solve the scalability problem and, with its ~15 TPS, failed to support high-throughput applications such as gaming or decentralized exchanges. Note that the different instances of the same smart contract do not share the same state, but they can talk to each other via cross-shard communication.
Myown security assumption is that more than 50% of the hashing power is controlled by honest nodes. With such an assumption, the rule for consensus is that the longest chain will be the canonical one, and thus PoW consensus is also called chain-based consensus, In the prepare phase, the leader broadcasts its proposal to all of the validators, who in turn broadcast their votes on the proposal to everyone else. They user account can move its balance between shards by issuing a cross-shard transaction.
A smart contract account is limited to the specific shard where the contract was created. However, for a decentralized application that requires more throughput than a single shard can handle, the Dapp (Decentralized Application) developer can instantiate multiple instances of the same smart contract in different shards and let each instance handle a subset of the incoming traffic.