What is TMED TOKEN?

MDsquare
2 min readAug 6, 2018

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TMED is the Ethereum ERC20 token that is used on our Incetivized Blockchain based Telemedicine platform.The TMED tokens are available for virtually all activities that occur within the MDsquare platform, and can be stored in a private Wallet and traded at an external exchange.

Various medical-related services are available within our platform , and ALL payments are made with TMED token. All the various platform participants, such as patients, health care providers, health measurement equipment developers, and translators, participate in a virtuous circle of activities and receive legitimate and fair financial compensation for their activities.

In addition, the TMED token can and will be used for payment at actual physical hospitals.A TMED Payment Solution will be provided to enable medical institutions belonging to the MDsquare Medical Network to pay medical bills with TMED. Consequently, the ability to receive physical care and pay with the TMED at physical hospitals that join the TMED platform allows the TMED to have not only have value at the exchange but also at the actual medical institution.

The scope of our TOKEN is expected to continually increase as we implement other aspects of telemedicine in the future.

Our Token Economics

▪ Token Exchange rate: 80,000 TMED = 1 ETH

▪ Token Price : 1TMED=0.0000125 ETH

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MDsquare

Telemedicine Service Built on Blockchain. See the world's best doctors WHEREVER your are. www.mdsqr.io