Dentacoin Foundation’s “Proof-of-Concept” Clinic is a Success

Dentacoin is the first integral Blockchain solution for the global dental industry. It has a unique business model that both disrupts and works with the current state of the industry. The team’s mission is to introduce greater efficiency in known industry issues and thus, improve dental care and make it affordable for everyone. Through developing and implementing a number of Blockchain-based tools,* introducing two innovative dental clinic concepts,** and creating a custom token*** which serves all products, Dentacoin paves the way for shaking up the entire dental industry.

Dentacoin’s “Proof of Concept” Clinic, F3T, is a Success

The Dentacoin Foundation is pleased to announce the success of a “Proof-of-Concept” Clinic. This clinic is devoted to edentulous jaws – jaws without teeth – and fixed dental prosthesis – dental restorations which include dentures, crowns, bridges , inlays, onlays, and veneers -, both of which are important parts of the dental industry. The success of Dentacoin’s clinic concept relies on a variety of technological advances beyond blockchain integration. Clearly their business model is doing something right as the clinic has broken even in an almost unprecedented amount of time. After being in operation for only one month, the clinic has broken even.

The clinic is called F3T. It is a pilot clinic and is located in London Stratford. The clinic is the first company bought entirely with cryptocurrency (Dentacoin). Dentacoin Foundation has created a unique concept and is hoping to improve the dental industry globally. An important first step in realizing that goal was purchasing and operating this clinic. The combination of high quality care at a lower cost augmented by trusted patient reviews puts F3T Clinic on the path to above average earnings over the first year of operations.

Currently, the Dentacoin Foundation is developing another dental clinic concept, referred to as “City Clinics.” This clinic model specializes in basic dental care, but also utilizes significant computer technology to reduce cost and blockchain reviews to reward good practices and empower the patient. Similar to F3T Clinic, City Clinic is targeting price-sensitive customers. If the City Clinic concept is as successful as the F3T Clinic, the Dentacoin Foundation will issue future licenses and release their – already developed – education and training program.

The Dentacoin Foundation is committed to implementing innovative digital technologies to significantly increase access to high quality dental care for customers at affordable prices. To keep their dental care the highest quality at lower operating costs, they want to fully integrate digital technologies into clinics and laboratories.

However this is not their only concern. They wish to build trust through honest and detailed dental treatment reviews. Their Blockchain-based Trusted Review Platform enables patients to voice their experiences and is intended to increase market share even beyond what it achieves through lower price points for services.

Their token (DCN) is compatible with all of their currently developed and future tools, along with their City Clinic and F3T clinical concepts. Dentacoin token is based on the reward driven economic model. Patients who participate in value and community generative activities are rewarded with this token. Those patients, who own Dentacoin, can either exchange the cryptocurrency on any of five international exchanges where Dentacoin is already supported, use the equivalent to pay for actual dental treatments, or in future to buy dental care products including their dental insurance.

The Dentacoin Foundation believes the use of blockchain applications. Dentacoins as a currency will play a decisive role in the success of the concept, demonstrating one of the immediate use cases for the blockchain in our daily lives. They report that there is already a waiting list of dentists from the USA, Australia, and Europe who want to implement the Dentacoin concept as independent dentists without the technological advances of F3T and City.

When fully implemented, all Dentacoin Foundation blockchain applications will be available free of charge to every dentist and patient worldwide.

* Among the first tools on the Roadmap of Dentacoin are: Trusted Review Platform (already functioning), AfterCare App (to be launched in beta in September), Webapp for collective customer intelligence (to be launched in beta in September), a “Hippocratic” Dental Insurance Model, Trading Platform, HealthCare Database.

** F3T Clinic and City Clinic Concepts, developed as pilot-clinic-concepts, Blockchain-integrated, highly efficient, as future models for the global dental industry.

*** Dentacoin ERC20 token is already traded on international exchange platforms and has a market price exceeding the calculated fundamental price.

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