MediShares is an Ethereum based, decentralized, open-source mutual insurance marketplace. Anyone can join a mutual insurance scheme through sending a variable amount of MDS to a smart contract. Anyone can become a mutual insurance insurer based on the smart contract templates provided by MediShares, and can profit from it.
MediShares is a virtual business based out of Singapore. It is a mutual insurance company on the blockchain. Medishares is involved in housing, rental, illness, accident, car, weather, farming, virtual asset insurance and more. Smart contracts enable safer operation in trustless environments decreasing insurance fraud.
Smart contracts and virtual location combine to bring almost zero operational costs. Mutual Aid is successful through well-established rules and that makes it perfect for the blockchain.
Best 6 Wallet For Storing MediShares Wallet
1. MetaMask Wallet
MetaMask’s ease-of-use has led to its widespread popularity. It’s a browser extension Ethereum wallet that also provides access to DApps. For example, you can easily add MetaMask to Chrome or Brave.
2. Trezor Wallet
TREZOR is a Bitcoin hardware wallet and launched in August 2014. It was the first Bitcoin hardware wallet, offering secure cold storage plus the ability to spend with the convenience of a hot wallet.
TREZOR is a small, key-sized device which connects to your computer with a USB cable. It stores your Bitcoin and cryptocurrency private keys offline and signs transactions. It can be safely used on a malware infected computer.
3. Jaxx Wallet
One of the most popular mobile and desktop wallets thanks to its multi-chain compatibility, Jaxx is also a very accessible and easy to use ERC20 token wallet.
This desktop crypto wallet is an ideal choice for new traders and those just getting into ERC20 tokens. In other words, it has an excellent user interface and doesn’t have as many variables as a Github open-source wallet, for example.
Mycelium Wallet is called default Bitcoin wallet. This wallet has a great team who constantly innovate new features to this wallet. Mycelium started as a team of hardware engineers in 2008 with a mesh networking project. With the emerge of Bitcoin, Mycelium naturally leaned towards the new promising technology. To date, Mycelium has developed and launched three successful products in the bitcoin field.
6. Online MyEtherWallet
MyEtherWallet (our friends call us MEW) is a free, client-side interface helping you interact with the Ethereum blockchain. The easy-to-use, open-source platform allows you to generate wallets, interact with smart contracts, and so much more.
MyEtherWallet – please, call us MEW – puts the Ethereum blockchain at your fingertips. They are a team of crypto-enthusiasts dedicated to bringing you the most secure, most intuitive, and dare we say the prettiest way to manage your ETH and ERC-20 tokens. We’re always here to help, and we’re never giving away ETH. Cheers!
Tips for securely storing your MediShares
- Do your own research. Before sending any coins or private data to a wallet, make sure you have researched the wallet provider to make sure everything is above board. Keep an eye out for scam wallets, such as those using URLs only slightly different to the URLs of legitimate wallet providers, and check out some independent reviews for all the pros and cons.
- Back it up. Make use of your wallet’s back-up and restore facility so that if something ever goes wrong with your wallet, you’ll be able to recover your funds.
- Set a strong password. Now is not the time to be lazy when creating a password; take your time to create a strong and uncrackable code.
- Make use of all available security features. Make the most of all the security features your wallet offers, such as two-factor authentication or multi-signature transactions. It’ll offer increased protection for your funds and greater peace of mind for you.
- Update your antivirus software. Take care to regularly update the antivirus protection and anti-malware software on any device you will be using to access your wallet.
- Keep your private keys private. Last but not least, don’t underestimate the importance of your private keys. Store them somewhere safe and don’t share them with anyone else.