• Best Practices New Normal
  • Digital Dentistry
  • Data Security
  • Implants
  • Catapult Education
  • COVID-19
  • Digital Imaging
  • Laser Dentistry
  • Restorative Dentistry
  • Cosmetic Dentistry
  • Periodontics
  • Oral Care
  • Evaluating Dental Materials
  • Cement and Adhesives
  • Equipment & Supplies
  • Ergonomics
  • Products
  • Dentures
  • Infection Control
  • Orthodontics
  • Technology
  • Techniques
  • Materials
  • Emerging Research
  • Pediatric Dentistry
  • Endodontics
  • Oral-Systemic Health

Dentacoin launches pilot project for dental industry

Article

The project was developed as the first tamper-resistant, transparent and manipulation-proof platform.

Dentacoin (DCN) is said to be the first ever, Ethereum-based token customized for the global dental industry. It is a digital currency that is catered to dentistry. Dentacoin, a Netherlands-based, blockchain-oriented health care platform, is reportedly on its way to improve dental care across the world, making it incredibly affordable by leveraging upon blockchain advantages.

The pilot Dentacoin project (Trusted Review Platform) was developed as the first tamper-resistant, transparent and manipulation-proof platform. The Dentacoin ERC20 token is being used by thousands of users worldwide, after the end of a successful, hard-capped presale of Dentacoin tokens on July 31, 2017.

Trending article: The top 10 dental memes of 2017

Dentacoin’s pilot project is said to be the first of its kind, blockchain-based place for trusted dental treatment reviews. By developing and executing this platform, Dentacoin reportedly enables patients to raise their concerns. At the same time, dentists also get an access to updated, valuable market research data as well as qualified patient feedback, which is the most important way to help improve the service quality and grow loyal patient base. Dentacoin, based on self-implementing Smart Contract, ensures optimal trust, autonomy, safety and speed without any manipulation.

The Dentacoin Review Platform intends to be the first ever, most functional review as well as market research mechanism because of incentive-based, fully transparent and censorship resistance temperament of blockchain-based solutions. It is reportedly the only platform that is also supported by many other value-adding solutions created for the same purpose i.e. to boost dental care service quality, dental insurance model and health care database management.

Lifetime, fully covered dental health care will be accessible to patients at the lowest monthly prices, paid in Dentacoin tokens. A self-implementing smart contract guarantees no manipulations, low fees and shared responsibility. The usual profit generated by insurance companies is shared between dentists and patients.

Though blockchain-based tools, including a trusted review platform, a web app for crowd knowledge, and an aftercare mobile app, dentists and patients are rewarded with Dentacoin against their contribution to DentaCoin Foundation’s mission. Dentacoin serves as a platform to record patients’ feedback as well as help them improve their dental care habits. Moreover, the DCN tool is designed to help dentists improve the service quality based on feedback and develop a loyal patient community.

Read more: 6 emerging technologies that will change dentistry forever

With collected Dentacoins, the patients:

  • Pay for treatments

  • Pay for dental insurance

  • Purchase oral care medicines and products

For dentists, Dentacoin brings:

  • A stable income stream

  • Cheaper dental equipment and materials via Dentacoin trading platform

  • A growing patient community

  • Reduced marketing costs

  • Decreased treatment costs

Dentists can exchange DCN tokens with patients for their reviews, while patients can utilize DCN tokens on various dental services or reserve tokens as an investment tool. In the future, the company plans to launch a blockchain-based insurance platform and health care database.

Related Videos
2024 Dental Products Report Spring Selection Bracket Reveal Video
CDS 2024: What's New at TAG University? with Andrew De la Rosa, DMD
CDS 2024: Breaking Down Barriers to Care with Eric Kukucka, DD
GNYDM23 Product Focus: CandidPro with Kristin Lange, VP of Sales at Candid
The Connected Future of Dental CAD/CAM with Max Milz
2023 Chicago Dental Society Midwinter Meeting, Interview with Brant Herman, CEO and Founder at MouthWatch and Dentistry.One
Greater New York Dental Meeting 2021 - Interview with Marty Jablow, DMD
 Greater New York Dental Meeting 2021 - Interview with PlanetDDS Vice President of Sales Mike Huffaker
Dentsply Sirona World 2021 - Press Conference
Related Content
© 2024 MJH Life Sciences

All rights reserved.