What is Dentacoin (DCN)?

Oct 09, 2018 at 1:35

Dentacoin: Blockchain Solutions For The Dental Community

As its name suggests, Dentacoin is a blockchain solution for the global dental industry. Its goal is to improve the quality of dental care globally through blockchain-based solutions.

It was created in 2017 by Dr. Dimitar Dimitrakiev, Philipp Grenzebach, and Jeremias Grenzebach and formed the Dentacoin Foundation.

How does it plan to reach its goal? The Dentacoin Foundation created a token—DCN—aimed to become currency of choice for dental payments, treatments, and other dental care services within its community.

The Dentacoin ecosystem consists of blockchain solutions including a review platform, an insurance system, and a healthcare database.

In the review platform, patients can write a review or comment on the service of dentists and on their experience which will earn them DCN tokens.

These customer feedbacks can be accessed by dentists to improve service quality and build loyalty with patients.

Dentacoin utilizes Ethereum-based blockchain platform regulated by smart contracts that will ensure autonomy, trust, speed, and safety, making sure that data will not be changed or manipulated.

Its ecosystem also features an insurance system, which is a revolutionary, blockchain dental insurance aimed to become Dentacoin’s most powerful tools in the dental industry.

Under the dental assurance concept, an original dental insurance smart contract will exits between the individual and their dentist to maintain healthy teeth and overall hygiene. Since data is encrypted in the smart contract, patients are covered in case of insolvency or death of the dentist.

These contracts can also be tradable within the blockchain, creating value.

When duties and obligations revolving around oral hygiene and care are met by both parties, they will be rewarded. This will motivate the patient and the dentist to attain their goals as set in the contract.

Dentacoin has also created a decentralized database of patient’s overall medical records which will standardize secure data exchange.

Recorded activity on the on the healthcare database will be rewarded with DCN, which can be used by patients in paying for dental treatments or by dentists as financial investment or incentives for employees.

Where to buy?

Changelly, HitBTV, Cryptopia, CoinExchange, Mercatox, UPcoin, IDEX, EtherDelta, BuyUcoin, KoinOK, Godex, EasyRabit, ChangeNOW, LATOKEN, CoinSwitch, OEX.

Is it mineable?

There are 8 trillion DCN which were already pre-mined. The Dentacoin Foundation will slowly distribute 76.1 percent of the total number of tokens over time.