Cryptocurrency finds its way into the dental industry

Cryptocurrency finds its way into the dental industry

Dentacoin (DCN), the digital currency of the dental industry, has recently emerged in the market and protected users' interests.

An independent Netherland-based Dentacoin Foundation has been behind this first and only blockchain solution of the global dental industry. The foundation protects the interests of the users and ensures its proper execution.

Dentacoin aimed to improve long-term health, reduce costs and pain, and ensure benefits for all market users. Using this, a dentist could raise patient loyalty and get paid for prevention.

According to the DCN users, it had reduced the transactional costs, which ultimately reduced their patient's costs. Moreover, the users said that they would increase patients' awareness about prevention by using it. One of its users said DCN was opening the door for their global patients to facilitate cross border transactions, and its future potential was limitless.

More than 2000 dentists globally have been using DCN, and more than 140 partner sites have been accepting it. Over 240,000 are active users, and more than 280,000 transactions have been made. Many Dentacoin apps are fully functioning, and the users have been successfully adopting them.

Dr Hiba Shams

The author is an Assistant Editor at Dental News Pakistan and can be reached at hiba@medicalnewsgroup.com.pk