Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Healthcare Service Provider Medipedia Shifts From Ethereum To EOS

Healthcare Service Provider Medipedia Shifts From Ethereum To EOS

Kelly Cromley by Kelly Cromley
Aug 8, 2018
in Ethereum News, News
Reading Time: 2 mins read
0

EOS (EOS), a blockchain network with only 21 block producers, is touted as a competitor to Ethereum (ETH), the most preferred network for deployment of decentralized applications.

While the initial two months that followed the launch of EOS mainnet has not gone well for EOS, both in terms of management and price of its token, things are slowly falling in place for the high speed network.

The inherent advantages of the network have started attracting projects which are deployed or planned to be deployed on the Ethereum network. The latest one to join is Medipedia, a health care service provider that aims to avoid intermediates in the health tourism industry using blockchain technology.

The decentralized healthcare app of Medipedia will provide a P2P matching and consultation services. Furthermore, Medipedia Token (MEP) owners will be able to obtain unhindered world class, low-cost health services. Notably, the Medipedia team has decided to migrate its MEP token (ERC20 standard) from the Ethereum blockchain to EOS.

One of the main concerns of Medipedia is that the Ethereum network suffers from scalability and transaction speed issues. Medipedia believes that this will result in a problem as its network grows over time. The healthcare service provider has acknowledged the processing ability of Ethereum network. However, the management is concerned that it might fall short while delivering real-time world standard health services due to scalability and transaction speed issues currently faced by Ethereum network.

Considering the above requirements, Medipedia has decided to migrate to EOS.

In a medium post, Medipedia has listed out the advantages of EOS over Ethereum blockchain

Transaction speed

The total number of transactions that can be executed per second in Ethereum is approximately 10. Medipedia considers this as extremely small for providing real-time solutions using DApps in healthcare sector. Medipedia believes that Ethereum’s proof of work or Casper protocol for validating the transaction is the main reason for the issues related to transaction speed.
On the contrary, EOS employs delegated proof-of-stake for validation and block creation. This enables Dapps on the EOS Blockchain Network to instantly process millions of transactions.

Zero cost transactions

Ethereum Blockchain users have to pay a small amount of Ether as transaction fee for using the network. On the other hand, all transactions on the EOS Blockchain network are free.

Scalability

The DAO attack froze the network, resulting in a division of the Ethereum Community. In case of EOS, if there are issues with a DApp than it can be immediately frozen by the block creators until the problem is resolved. Other dApps parts of the EOS network will not be affected at all.

For the reasons mentioned above, Medipedia found it advantageous to migrate to the EOS network. The healthcare service company hopes to offer an efficient service to both token owners and platform users upon shifting to the EOS network. In addition, features like Parallel Processing and Governance will provide MEP Token the transparency, scalability and security needed for a healthcare dApp.

Previous Post

Cardano Launches IELE, a Second Smart Contract Testnet

Next Post

Are Ethereum dApps Massively Overvalued? Augur User Valued at $200k

Related Posts

baltimore-blockchain-adoption

Baltimore Puts Vacant Property Titles on Blockchain

by Kelly Cromley
Jun 25, 2025
0

Baltimore officials are turning to blockchain in an effort to simplify the way real-estate titles are transferred, particularly for the...

zigchain-unveils-mainnet-beta

ZIGChain Debuts Shariah-Compliant Blockchain for Tokenizing Real-World Assets

by Kelly Cromley
Jun 25, 2025
0

A Karachi-based team led by blockchain entrepreneur Abdul Rafay Gadit has unveiled ZIGChain, a base-level network designed from the ground...

Semiconductor Firm Sequans to Raise $384M for Bitcoin Treasury Expansion

Semiconductor Firm Sequans to Raise $384M for Bitcoin Treasury Expansion

by Mostafijur Rahman
Jun 24, 2025
0

In a bold move that signals the next phase of corporate crypto adoption, France-based semiconductor company Sequans Communications has announced...

Lympid Joins Mantra’s Accelerator to Tokenize Luxury Assets

Lympid Joins Mantra’s Accelerator to Tokenize Luxury Assets

by Kelly Cromley
Jun 24, 2025
0

Mantra, a Layer-1 blockchain focused on real-world assets (RWA), has confirmed that Lympid, a platform specializing in the issuance and...

guinevere-capital-partners-with-polemos

Guinevere Capital Partners with Polemos to Boost Web3 Gaming

by Kelly Cromley
Jun 24, 2025
0

Guinevere Capital, a well-established investment firm known for its focus on esports and gaming ventures, has confirmed a strategic partnership...

D'CENT Wallet

D’CENT Expands Web3 Reach with Taiko Partnership

by Kelly Cromley
Jun 24, 2025
0

D’CENT, a pioneer in biometric hardware wallets, has introduced Ethereum Layer-2 solution Taiko as the third featured partner in its...

Next Post
Are Ethereum dApps Massively Overvalued? Augur User Valued at $200k

Are Ethereum dApps Massively Overvalued? Augur User Valued at $200k

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

baltimore-blockchain-adoption
Market News

Baltimore Puts Vacant Property Titles on Blockchain

by Kelly Cromley
Jun 25, 2025
zigchain-unveils-mainnet-beta
Market News

ZIGChain Debuts Shariah-Compliant Blockchain for Tokenizing Real-World Assets

by Kelly Cromley
Jun 25, 2025
Semiconductor Firm Sequans to Raise $384M for Bitcoin Treasury Expansion
Binance Coin News

Semiconductor Firm Sequans to Raise $384M for Bitcoin Treasury Expansion

by Mostafijur Rahman
Jun 24, 2025
Lympid Joins Mantra’s Accelerator to Tokenize Luxury Assets
Market News

Lympid Joins Mantra’s Accelerator to Tokenize Luxury Assets

by Kelly Cromley
Jun 24, 2025
guinevere-capital-partners-with-polemos
Market News

Guinevere Capital Partners with Polemos to Boost Web3 Gaming

by Kelly Cromley
Jun 24, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree