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Review on Dentacoin by Fabrizio Zampieri

Revainrating 4 out of 5

Dentacoin (DCN) is the first blockchain concept designed to help make the…

Dentacoin (DCN) is the first blockchain concept designed to help make the global dental industry more affordable.
DCN token, Ethereum-based smart contract, rewards users through a system that inspires community contribution.
The project’s aim is to make quality dental health care available to the nearly 80% of the world’s population without it.
Dentacoin is both a financial tech tool and logistics platform. The Dentacoin token is not intended to be the new means for global payments. Instead, it’s viewed as a non-competitive cryptocurrency which will solely focus on progressing the global dental industry.
The Dentacoin Foundation is composed of 20 core team members and was founded by Prof. Dr. Dimitar Dimitrakiev, Philipp Grenzebach (business developer), and Jeremias Grenzebach (core developer).
In July of 2017, Dentacoin purchased a brick and mortar dental clinic in London called “the Dentaprime International Plc. London” for a value of $90 million USD entirely with DCN tokens. The team plans to expand its acquisition of dental clinics as the project moves forward and implement their technology to each of the clinics.
You can buy Dentacoin on popular exchanges such as Cryptopia, EtherDelta, Mercatox, Coinexchange, and HitBTC. In order to do so, you must deposit either Bitcoin or Ethereum onto your respective exchange wallets.



Pros
  • By removing the middleman (big insurance companies) and placing authority back into patient’s/dentist’s hands, costs can be significantly reduced. Tailored directly to the patient’s needs, this smart contract solution will streamline dental care and remove the need for patients to pay high premiums to insurance companies. - Blockchain Based Trusted Review Platform: platform enabling patient reviews to be published in an impartial manner, creating optimum market research value for dentists. Reviews are rewarded with DCN, which in turn can be used to pay for future treatments. - Dentacare Mobile App: offers a three-month incentivized gaming program that educates users (e.g. appointment reminders, brushing techniques, nutritional guidance) on how to maintain proper dental hygiene. After three months, the hope is that these repetitive, beneficial hygiene actions become permanently integrated into the individual’s routine. The app also includes an emergency service function that puts users in touch with dental specialists in the network. - DentaVox Opinion Platform: Customer intelligence tool that rewards users for giving feedback on various dental topics. This data is useful for dentists, suppliers, manufacturers, the media, and essentially all those who have access to said data. - Dental Assurance Concept: Smart contract between dentist and patient that is tradable on the blockchain. Dentists must perform the job to the best of their abilities, but patients are also required to keep up certain hygiene standards. Monetary rewards are given to both parties if these obligations are met. - Healthcare Database: The blockchain offers secure data exchange while simultaneously allowing storage of medical records to be shared among dentists and patients (upon given permission).
Cons
  • Many competitors: other medical related blockchain projects like that of MediBlocs have also found success in targeting the healthcare industry in general and its dire need for adjustment. It's a long term project: Dentacoins whitepaper also gives users a detailed roadmap with a view into their short-term, medium-term, and long-term target markets, up to the year 2042...

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