My motto when it comes to investing in cryptocurrency is if it doesn’t have a proven product or utilizable service with a long-term sustainable ecosystem or a large community- I don’t take it seriously!
With that said, let's talk about a blockchain technology that does!
Dentacoin- “The first #Blockchain Solution for the Global Dental Industry.” Via @dentacoin Twitter
We are talking about a blockchain industry that has built a needed global system around the dentist health sector.
It doesn’t matter where you live in the world. Someone will need a dentist unless you are one of those lucky people who have magical, strong, beautiful, healthy teeth that could never need a dentist. Uh, unfortunately, that is not me. I’m also one of those who don't have any dental insurance #guilty.
Dental insurance can be expensive for some and not even available for others depending on where you live in the world.
However, Dentacoin is stepping in and disrupting the dentist industry with a model that will benefit all when it comes to dental care.
What is Dentacoin?
It is a company based in the Netherlands that has created a blockchain solution for the dental industry. They have created a token (currency) that will be implemented to provide affordable dental insurance.
Goals
Dentacoin’s main goal is to bring patients and dentists together. Focusing on preventative measures and making dental care affordable for all.
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By using the blockchain technology they’re able to introduce a currency (token) at a lower cost thereby excluding third-party institutions like banks, expensive insurance companies and others that actually make the dental care more expensive. 40% of their mined distributed tokens will be equally distributed throughout the network for patients and dentists. This will help build a long lasting foundation and provide the tools necessary.
Also, Dentacoin already comes with a trusted platform on the Ethereum network, which has hundreds of thousands of users and at least 70 dental practices. Just imagine when thousands of dental practices join and millions of users around the world!
Note: Dentistry is a 500 billion USD Industry
Dentacoin’s model is the “Hippocratic”. It aims to implement a system where patients no longer pay for treatment but for preventions.
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The Benefits?
Dentacoin is offering patients full covered dental insurance with low monthly rates that utilize the DCN token for payment, through a Smart Insurance Contract.
Those like me who do not have insurance can now afford dental insurance anywhere in the world.
The platform also provides a trading network where patients and dentists can trade for needed products, material, equipment etc.
They also offer rewards to those who participate in the network with trusted feedback, information, and services.
You can find out more about their benefits and read their white paper here https://dentacoin.com/web/white-paper/Whitepaper-en1.pdf
Ok now I know some are saying but they have eight trillion tokens. That’s a lot!
However, once you break down the use case for an almost trillion dollar global market the price outcome will not be a major factor for concern. Demand equals price and therefore there is a demand. Not to mention this is a long-term hold for investors and a needed asset for others who look at it as a benefit.
Also as of writing this, the price is doing considerably well and I can see it reaching 0.01 before 2019. Maybe more.
This concludes my thoughts and information on Dentacoin. I hope you liked it and may consider adding it to your portfolio. If you’re feeling generous and have Dentacoin and would like to help towards my future dental care here is my wallet address: 0xc231ee409293cc9a5eb072a8ca178e1c4f420b64
Source: Dentacoin.com
News:
First Dental Chain in the US takes Dentacoin https://www.blog.dentacoin.com/first-dental-chain-usa-accepts-dentacoin-lifdental-new-york/
Clinics in Malaysia and Fiji now accept Dentacoin https://www.blog.dentacoin.com/clinics-malaysia-fiji-accept-dentacoin-dentist3-selangor-daily-care-dental-suva-fj/
Beyond Bitcoin, 3 tokens to watch in 2018 http://www.hashtaginvesting.com/blog/2018/1/15/3-tokens-to-watch-in-2018
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Ms. Kcfash
Invest & Earn bit.ly/2DptXFq
Disclaimer:
I’ am no financial advisor and am not telling people what to and not to invest in. I'm just sharing my thoughts and love for the crypto space.
Remember when doing any investments or trading there is risk involved, so people should be aware and prepared to only invest what you can afford to lose. Do your own research and understand the risks.
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Thank You!