Dentacoin is a token designed for the global dental industry. It is the first of its kind in this industry. The token was launched on the first quarter of 2017, had its initial public presale in the third quarter of the same year and its initial coin offering (ICO) in the fourth quarter of 2017. The token aim to align dentist/patient needs and interests in an effort to improve dental health care all over the world.
Dentacoin is an Ethereum erc20 token that relies on smart contracts. It isShow more [+] rrently listed in a variety of exchanges including Changelly, HitBTC, Cryptopia, Mercantox etc. and it is supported by a variety of ERC20 compatible wallets including MyEtherWallet, Coinnomi etc.
The main purpose of this token is to make dental healthcare affordable all over the world. It will be possible for dentists to get long term payments and make this care affordable. American Dentists Association estimate that about 440 billion dollars are spent annually on dental healthcare. The association projects that if a proper structure is set up enabling individuals to get preventative check-ups at least three times annually, this cost can be cut by a staggering 90%, coupled with improved health habits and better nutrition. This token is projected to play a crucial role in enabling such care around the world.
The token was developed by a group of professional scientists and developers who are also blockchain enthusiasts. Key among them are the founder Prof. Dr. Dimitar Dimitrakiev, co-founder and business developer Philip Grenzebach, co-founder and core developer Jeremias Grenzebach and graphic designer and web developer Daniel Kolarov among others
Being a blockchain based token, it will be utilized to pay for dental care and related services. Considering how difficult it is to find a trusted dentist, Dentacoin will reward contributors with DCN coins for honest reviews to connect patients with honest dentists. It also seeks to remove the lengthy supply chains to reduce the cost of medication.