Worldwide Meds Ico Review – A Decentralized Innovative Platform

Worldwide Meds Ico Review

About Worldwide Meds

The native token for the Worldwide Meds platform is the WDMD token, an ERC-20 compatible utility token with a limited maximum supply of 500,000,000 WDMD that can be obtained during the presale and public sale round of our ICO. It can be stored on any ERC-20 compatible wallets including on the Worldwide Meds platform. WDMD tokens will be listed and tradable on top exchanges 30 days after the public round of ICO.

WDMD tokens will be used to pay for all services within the Worldwide Meds Ecosystem and also be used to reward our 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 All healthcare service providers registered on company platform will be remunerated in WDMD tokens which can be withdrawn to any ERC-20 compatible wallets and will be tradable on various top crypto exchanges. WDMD Coin is a Blockchain protocol for Telehealth and telemedicine. 

Worldwide Meds Key Worldwide Meds

KeyPoints
Token NameWorldwide Meds
PlatformEthereum
ICO start1st Feb 2019
ICO end30th Apr 2019
Hard cap15,000,000 USD
Soft cap3,000,000 USD
Tokens for sale500,000,000
Token TypeERC-20
Token SymbolWDMD
Distributed in ICO50%
AcceptingETH, BTC, LTC
RaisedUnknown
WhitepaperClick Here For View Whitepaper
WebsiteClick Here For Visit ICO Homepage

The Game Change Team Behind Worldwide Meds

Worldwide Meds Ico Review - A Decentralized Innovative Platform

Future

Through Worldwide Meds 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 our 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

Worldwide Meds 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.

Blockchain State Sharding

Worldwide Meds 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. 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.

Consensus Mechanism

Worldwide Meds 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.