MDsquare
Crypto Overview
Purpose and Utility
MDsquare (TMED) is a blockchain-based healthcare platform that aims to connect medical professionals with patients globally through telemedicine services. The TMED token serves as the primary medium of exchange within the ecosystem for paying medical consultation fees and accessing healthcare services.
Business Model Assessment
The project's core business model revolves around facilitating healthcare services and medical consultations, which aligns with Islamic principles as it provides legitimate value and benefits to society. The platform does not engage in any prohibited activities like gambling or interest-based lending.
Real-World Adoption
The platform has shown some adoption primarily in South Korea, with partnerships with various medical institutions. However, current usage data indicates limited active usage of the telemedicine platform.
Development Activity
The project maintains an active development team, with regular updates to their platform and mobile applications. The project has demonstrated continuous technical development since its inception.
Token Distribution and Governance
The token distribution appears reasonably balanced, with allocations for development, marketing, and ecosystem growth. The project maintains transparency regarding token allocations and vesting schedules.
Crypto Impact
To assign a comfort level investing in MDsquare from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to MDsquare.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.