Dentacoin is the first Blockchain concept designed for the Global Dental Industry. The Dentacoin ERC20 token is configured to be used globally by all individuals.
|Mkt.Cap||$ 63.33 M||Volume 24H||8.77 BDCN|
|Market share||0%||Total Supply||2.15 BDCN|
|Proof type||Open||$ 0.000008|
|Low||$ 0.000008||High||$ 0.000008|
Dentacoin Price Prediction for Tomorrow, Week, Month, Year, 2020 & 2023
WEF for Data Privacy – Davos Finally Rose-Up to the Occasion
You can see list of exchanges from where you can buy or sell Dentacoin (DCN) here. In the future, Dentacoin also plans to implement a medical record holding blockchain platform that would diminish the role of a middlemen as well as generalize all the past medical records. Blockchain has had a great impact on every single emerging industry. Whether it is Fintech, supply chain or the entertainment industry, every one of them has found a purpose for blockchain.
Dentacoin price prediction or you can say Dentacoin forecast is done by applying our in-house deep learning(neural network) algorithm on the historical data of DCN. Based on the historical price input data the system predicts the price of Dentacoin (DCN) for various period of the future. You can checkout the Dentacoin (DCN) price forecast for various period of the future like tomorrow, next week, next month, next year, after 5 years.
Considered a safe haven asset, Digix is backed by 99.99 percent gold cast bars from the London Bullion Market Association-approved refiners. For instance, Dai, created by blockchain company MakerDAO, is an example of a cryptocurrency that is backed up by another. BitUSD is another crypto-collateralized token, which is collateralized by Bitshares. Utility tokens are digital assets designed to be spent within a certain blockchain ecosystem. For instance, Sia, a decentralized, peer-to-peer cloud storage solution, pays people in Siacoin to those who rent out extra space on their computers on the Sia network.
Non-Fungible Tokens (NFTs)
A reward will also be accumulated by the patients who successfully provide a review, which can be afterwards be spent for a dental checkup. The core team of Dentacoin consists of highly qualified and competitive individuals who have come together to provide this innovative distributed network. The Founder of Dentacoin Foundation is Prof. Dr. Dimitar Dimitrakiev who has more than 27 years of experience in the field of finance. One of the co-founder is the economist Philipp Grenzebach. The person in charge of the development of the core technology embedded in Dentacoin is Jeremias Grenzebach who has also made invaluable contributions to the prominent cryptocurrencies, namely, Ethereum and Zcash.
Similarly, those who want to use Sia’s storage must pay a host in Siacoins. Today, there are thousands of altcoins that have a market cap, all of which provide various services. These include the likes of cryptocurrencies, utility tokens, security tokens, non-fungible tokens (NFTS), and stablecoins. Dentacoin forecast, Dentacoin price prediction, Dentacoin price forecast, DCN price prediction, DCN forecast, DCN price forecast. These are some other terms to define this Dentacoin (DCN) technical analysis page.
A security token is something that represents legal ownership of a digital or physical asset such as real estate or artwork that has been verified on the blockchain. These are tokens that are presented to investors in an ICO for the exchange of their money. NFTs follow the ERC721 token standard on the Ethereum blockchain. The most popular form of NFT is the virtual cat game CryptoKitties. Even though there are thousands in existence, each one of them is unique, with its own fur color, eye color, special features, fur pattern, and facial expression.
Through a “Hippocratic” dental insurance model patients will no longer pay for treatments, but for prevention. Lifelong, full-covered dental care will be provided to the patient with very low, monthly rates, paid in DCN. As deemed by the US Securities and Exchange Commission (SEC), any token that can’t pass the Howey test should be considered a security. As such it should fall under the 1934 Security Exchange Act.
- A detailed description of all services provided by Dentacoin has been provided on its whitepaper.
- This year Dentacoin Assurance Testnet is set to be launched in the fourth quarter as well, however the medical record holding blockchain will not be integrated until next year’s third quarter.
- As well as using the Dentacoin token to receive dental care, people can earn additional income from the token through the Dentacoin apps.
- In the fourth and final phase, Dentacoin plans to create an online database that uses its decentralized blockchain to store medical records.
This can accumulate the market research data for dentists, suppliers and manufacturers and distribute incentives to the people making the generous contribution of their opinion and time. Dentacoin wants dental patients to write public reviews of the dentists they use. The organization has built a Yelp-like Trusted Reviews Platform, which it says will allow patients to write their reviews on the blockchain, free of censorship. In addition, it plans to implement a verified reviews feature that will be similar to Amazon’s “Verified Purchase” tags.
As per the forecast and algorithmic analysis, the the price of 1 Dentacoin (DCN) will be around $0.0027 in 2025. The price of Dentacoin (DCN) in 2022 will be about $0.0011.
Instead, Dentacoin aims to become a next-generation rewards program for dentists and the people who are willing to review them.
If the master plan does come to pass, the cryptocurrency could have a great impact on the dental insurance marketplace. In the fourth and final phase, Dentacoin plans to create an online database that uses its decentralized blockchain to store medical records. This will allow patients to take control of their data and access it at any time. It will also enable them to transport it as needed when they change providers or when there is an emergency. It’s a company that’s developed a digital currency that is actually not meant to be used as a currency.
Another example of a security token is tZero, a blockchain subsidiary of Overstock, an e-commerce retail giant. The tZero security token delivers its holders a preferred equity security, which also features a dividend based on the firm’s adjusted revenue. Examples of security tokens include Polymath, a network that aims to simplify the legal process of creating and selling security tokens, enabling trillions of dollars of securities to migrate to the blockchain. These are some of the most common queries that impatient or amateur investors have.
Brochures: What is Dentacoin?
Developed by the Dentacoin Foundation, the token is backed by a number of dentists in Bulgaria, Canada, China, Germany, South Africa, the Netherlands, and the UK. As well as using the Dentacoin token to receive dental care, people can earn additional income from the token through the Dentacoin apps. A total of 8 trillion Dentacoins have been generated which are pre-mined. The Dentacoins are ERC-20 tokens, and the platform is supported by the Ethereum blockchain. The public pre-sale was held last year in July, in which 1% of the total coins were sold, whereas the first token sale of Dentacoin held later that year hard capped at 3% of the total supply.
A couple of highly qualified dentists having extensive experience in the respective field and emerging technology enthusiasts are also a part of the core team which include Dr. Dimo Daskalov and Dr. Ivan Peev. A detailed description of all services provided by Dentacoin has been provided on its whitepaper. Dentacoin is the world’s first blockchain project for the dentistry industry. It uses an ERC20 token and its aim is to make dental care affordable globally. That, by itself, is a small piece of the road map that has been separated into four distinct phases.
The services provided by Dentacoin are not limited to reviews, they have also developed a mobile application that is designed to help people take care of their dental hygiene. This application derives its users to maintain a good oral health and is particularly extremely helpful for children through a program of 3-months. During this period, the user is reminded, notified and persuaded to follow a number of actions to maintain a good oral health. In addition, they also plan to introduce DentaVox, a tool for collecting opinions about various dental hygiene topics.
Blockchain and Cryptocurrency Updates
CryptoGround.com is an independent publishing house that provides Cryptocurrency & Blockchain Technology News. It is a News Media Platform which serves its audience with accurate News and Analytical Articles. Our team is committed to providing unbiased News & Reports related to various Cryptocurrencies, Decentralized Apps, Initial Coin Offerings (ICOs) and Blockchain technology.
Dentacoin is a digital currency distributed on the Ethereum blockchain as a ERC20 token called Dentacoin (DCN). To conclude, Dentacoin is a platform that would provide an ecosystem in which blockchain technology can be utilized to provide incentives to its users who can then use these rewards for dental checkups. So far, the token sale of Dentacoin has ended along with the creation of Dentacare.