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Solution Proposal for the Actual Health Care system.

Solution Proposal for the Current Health Care System

The MedShare Eco-System proposes a transformative solution to today’s health care challenges.

The concept is simple: it leverages Biblical principles to improve how funds are distributed, saved, and delivered within the system.

Key Problems in the Current Health Care System

• High costs of private health care services.

• Poor quality or lack of efficiency in government-run health care services.

• Censorship by governments and centralized authorities.

• Prohibition of withdrawing funds if the user no longer wishes to remain in the system.

• Lack of transparency and tracking of personal funds.

Blockchain as the Solution

To address these issues, MedShare integrates the Ethereum Blockchain.

We created a stable token, pegged to Silver (XAG) and backed by ETH and USDT (initially). In the future, the token will also integrate national currencies from the countries where MedShare operates.

Our model draws inspiration from Biblical financial principles, using silver as the real unit of value. Historically, the main currency coin was the half-shekel, weighing about 7.1 grams of silver.

Bridging Digital and Physical Currencies

A challenge in the crypto world is the limited ability to use digital currencies in daily life. To overcome this, MedShare will introduce crypto/fiat cash machines in hospitals, medical centers, and airports—locations where physical bills are still necessary.

Although paper bills will eventually disappear as digital currencies take over, these machines will:

• Accept local fiat deposits.

• Instantly convert deposits into MedShare Coins (MDSC), pegged to 7.1g of silver.

• Allow withdrawals in local fiat currency if funds are available (small exchange model).

• Operate independently without third-party intermediaries.

This design minimizes the volatility problem of cryptocurrencies, enabling real-world daily use.

Fund Management in the MedShare Eco-System

Deposits and transfers can be made through:

• ETH or USDT (via the dApp).

• Local currencies via cash machines.

• Credit/Debit cards through the website.

• Reputable online exchanges (e.g., Binance).

MedShare will provide each user with an e-wallet (a crypto address) for internal transfers.

When medical expenses arise—whether for a simple consultation or a major intervention—funds will be released directly to the individual or partner health providers (preferred method).

If personal funds are insufficient, the system automatically draws from family-shared funds. The family creator, a delegated account, or an authorized operator must approve such expenses. This model ensures that emergencies are covered by the collective strength of family contributions and mutual trust.

Family Contribution and Withdrawals

• Each family member contributes monthly via subscription.

• The larger the contribution, the greater the security for the individual and their family.

• Members can opt out at any time and withdraw approximately 62% of invested funds, after deducting:

  • Family-shared contributions (10%)

  • System fees (8%)

  • Universal shared fund (20%)

This model encourages long-term commitment while maintaining fairness and liquidity.

Conclusion

MedShare is a Health Care System based on a Consortium Model, powered by the Ethereum Blockchain. It restores transparency, affordability, and trust to health care while providing a system rooted in timeless principles and adapted to modern technology.