Dentacoin (DCN) is a fashion product for the dental industry. Many organizations have begun to experiment with the blockchain in an effort to make management efficient. While any decentralized accounting book can streamline dental services, Dentacoin surpasses them all as it is customized only for this field.
DCN is not a single person project. Rather, it is a product that was created by a team of engineers, dentists, programmers, marketers and other experts in advanced technology. Members come from the United Kingdom, the United States, India, South Africa, Germany, Russia, Germany, the Netherlands and Bulgaria. Collectively, these individuals form the Dentacoin Foundation.
The basic work for the DCN currency began in 2014, but the foundation was created in 2017. The project was subjected to a test analysis in March and finished in May of the same year. Since its creation, the Dentacoin blockchain has become a reliable tool not only for organizing and sharing dental records, but also in a contractual system.
What is Dentacoin and how does it work?
Like most blockchains, Dentacoin is rather an accounting book to store dental records securely. As a decentralized tool, there is a lot of transparency and allows the majority of patients and doctors around the world to interact.
This digital accounting book works through … A smart contract is a computer protocol that facilitates, verifies, negotiates and concludes the contract. Like ordinary contracts, the conditions must be met before dental coins are issued to the recipient. If all the requirements are not met, the contract will end on its own, and the amount in custody will be returned to the rightful owner.
The Dentacoin blockchain was created thanks to the combined efforts of about 120 people. Members of the core team are Dr. Dimitar Dimitrakiev, Philipp Grenzebach, Sergey Ushakov, Jeremias Grenzebach, Alexander Atanasov and Daniel Kolarov.
Main features of Dentacoin
Like most blocking chains, Dentacoin also has unique features that make it attractive to those who deal with dental services. Here is a drop-down list of the best qualities that this blockchain shows:
Any blockchain in its core is simply a digital accounting book that provides storage space for new transactions. DCN keeps records of all patients who have attended a particular clinic and why they were treated. Individuals and doctors can share their records with third parties through private keys.
This digital accounting book comes with infallible security and is known to be transparent. Once a record has been registered and a block has been assigned, there is no need to edit it again, which usually ensures that there will be no further manipulations in the future.
Trusted Review Platform
The Dentacoin ecosystem revolves around revisions. Basically, anyone who needs the best dental services can visit the review platform based on the Dentacoin blockchain and examine through some of the user comments until they find the service they like.
Dentists will also use the platform to identify and solve some of the complaints that clients make against them. Unlike conventional platforms, this rewards users with some Dentacoins for leaving honest comments.
How do trust reviews work? There are two types of reviews submitted: standard and trusted. Anyone is free to post comments, but trusted ones come from real dental patients.
Once you see a dentist and receive treatment, you will receive an email later to review your services. The link ensures that you check the exact dentist and not another person. The more you post your comments, the more Dentacoin cryptography you will get.
One of the biggest challenges facing dentistry is the lack of affordable dental premiums. The Dentacoin Foundation intends to make dental services accessible to many people around the world through chain-based insurance. In this network, the patient's well-being becomes a shared responsibility between him and the dentist. Simply put, the interests of the patient and the dentist will be aligned.
Post-treatment mobile application
Post treatment is vital for a healthy cure. Through a mobile application, the Dentacoin blockchain will help dentists provide their patients with more care while they are out of the treatment center. The application is simply a way to enforce long-term good dental practices in both children and adults.
The Dentacoin website focuses on imparting to its users knowledge about the best dental habits. Knowledge is transmitted through reading articles, answering questionnaires and play.
The Bitcoin of the dental industry?
Dentacoinis is sold like that of the dental industry because it is one of the few blockchain projects oriented to this niche. Its mission is to make dental care accessible to almost 80% of the population.
The blocking chain will remove the power from the hands of intermediaries, usually insurance companies. This will be achieved through the self-execution of smart contracts with the issue of peer transactions. This will help patients reduce their costs. The blockchain will also involve participants and promote healthy dental habits through the Dentavox incentive program.
Does the dental industry really need to be tokenized? Absolutely. It is estimated that the dental care industry has a value of more than 400 billion dollars. This means that if Dentacoin is adopted by many people in this niche, it could become as valuable as Bitcoin itself.
The Dentacoin team
One of the determinants of a robust blockchain or cryptocurrency is the presence of well-informed individuals behind it. In fact, Dentacoin is a creation of many geniuses. Here are some of the core team members and their credentials.
Dimitar is the founder of Dentacoin and an accomplished university professor. His knowledge of financial markets spans more than two decades. He is a lover of science and engineering, and this has earned him a position in established research organizations such as EADM, the Union of Automation and Informatics, and the IEEE computer society.
Philipp has a degree in law, business administration and economics. As co-founder, he deals with all commercial aspects of things in the blockchain. His dream is that more decentralized markets replace conventional centralized systems.
Jeremias is an expert blockchain developer with more than 8 years of experience. He has participated in other famous block chains such as,,,,, uPort, iMToken and Byteball. His exceptional coding skills earned him a position as Dentacoin chief coder.
The roadmap of this blockchain began in 2017 with the launch of its file. Some of the milestones that have already been reached (at the time of writing this article) include the formation of the foundation and the launch of the review platform. Pending projects include
- DentaVox - this is a customer intelligence tool also known as a market center that uses questions to get customer feedback. The tool will contain about 100 questions, and there will be incentives (on DCN tokens) according to the time spent answering the questions.
- Launch of the mobile application -Dentacare mobile app is one of the “work in progress” projects in which the foundation is currently working. The android application will teach people about the best dental practices to adopt.
The Dentacoin blockchain runs through a DCN token. This sheet provides a means to encourage people to participate in the network. It can be said that anyone who owns several of these currencies owns an action of the Dentacoin Foundation.
This blockchain token can be exchanged for medical services or “HODLed” (retained) as an investment. Unlike Bitcoin and other cryptocurrencies, Dentacoin is not minable. There is a maximum of 8 trillion DCNs with approximately 325,000 million in circulation.
The objective of the foundation is to distribute 76.1% of its cards in a smaller proportion between 2018 and 2042. The cards will be sent in “Timelock” contracts, in which the founders will obtain 5%, 2.4% will go to The main founders and a major part will go to the public. More information on the distribution of tokens on the Github page.
Dentacoin price growth
Unlike most of the best selections, Dentacoin's transaction history is not exciting. Surely the currency has made some milestones in the price, but never exceeded the dollar. All this can be attributed to the fact that the currency is still young and most people don't know it.
When the coin was first launched, it was trading at just a few cents and reached a record high of $ 0.006 on January 8, before falling to around $ 0.00035. Dentavox and the Dentacare mobile application are some of the pending projects that most followers are waiting for.
Dentacoin is the only cryptocurrency that aims to revolutionize dental care services. Patients can pay for the treatment of teeth with DCN coins and can receive it from dentists after leaving a good feedback about their services. Although cryptocurrencies are still finding their place in our societies, this currency may work well not because of the low competition from similar companies but because of the dynamic services it offers.