Q: What can you tell us about your company?
Dentacoin Foundation is the organisation behind the first and only same-named blockchain solution
for the global dental industry. It is composed of various applications that serve as a smart patient loyalty program, a dental assurance model based on direct contracts between patients
and dentists, and a
cryptocurrency used as a
means of payment primarily by but not limited
to patients, dentists, suppliers, manufacturers, service providers.
Q: What products have you developed so far?
Up to
date, we have developed the following blockchain-based
applications:
- Dentacoin Trusted
Reviews – the
first blockchain-based platform for genuine, rewarded and very detailed patient feedback where the
relation dentist-patient is
verified. - DentaVox Surveys – a webapp
surveying users on various dental
health topics and providing key dental stats to dentists and the public. - Dentacare App – a mobile app teaching users how to develop and
maintain proper oral hygiene routine through a 90-day gamified challenge. - Dentacoin Wallet dApp – a web-based wallet application allowing people to easily create a wallet, buy, send, and store their Dentacoin tokens. A mobile wallet app is in the pipeline.
- Dentacoin Assurance – the first dental assurance
program based on smart contract between patients and dentists which entitles patients to lifelong
preventive care against affordable monthly fees in DCN.
Q: Are you targeting the consumer or business market? How does the business model work?
We target
both the general public and
dental offices.
For the general public, we provide multiple ways to
generate additional income by
earning Dentacoin (DCN). Everyone who takes dental
health related surveys on DentaVox,
writes
detailed feedback to their dentist on Dentacoin Trusted Reviews, or
fulfills the 90-day Dentacare App challenge, is rewarded with DCN. Dentists are also rewarded
for their willingness to become partners, for testing, patient referrals and overall contribution.
Later on, the currency can be spent
within the growing network of
providers (dental offices, suppliers) that accept DCN payments (currently 90+
locations in 25 countries), it can be
used for buying various goods and
services, exchanged to any other
currency, or stored for later use or value
increase. The more people are using
the Dentacoin currency, the higher
its value is prone to
grow (so called ‘network effect“).
For dentists in our
network, all Dentacoin tools serve as a
digital loyalty program as they bind patients to their
practices. Unlike traditional programs, though, the Dentacoin tools are provided
to dentists at no
cost and massively boost their
reputation as trendsetting
practitioners. The main effects reported by partner dentists are higher retention and referral rates, improved feedback flow, better online presence. Those are also
described in the case
study we have published about one of the first Dentacoin partner clinics – F3T
Dental Clinic in London,
UK.
Q: What can you tell us about what you have in the pipeline?
We are gradually developing a solid user and partner base across the globe and this year is about improving all our current products and spreading them so they can serve the industry needs better. Pushing the
Dentacoin Assurance program to the
public, developing Dentacare Kids
Game and working on the decentralized patient records database are also key milestones on
the roadmap.
Anyone who wants to stay up-to-date with all updates, can follow our blog or join our
Telegram group
for daily discussions.
Q: What differentiates your company from the competition?
We don’t have any
direct competitors. There are other
projects focused on General
Healthcare but we
consider them potential partners, not
competitors. I believe that a
collaborative business environment is utterly needed on this new
market in order to strengthen the
overall understanding and adoption of
Healthcare-centric blockchain solutions.
Q: Could you tell us more about your company achievements so far?
Except for the fact that we have been
strictly following our roadmap and developing all products timely,
Dentacoin applications are currently used by 90,000 individuals and
1,800+ dental offices while the currency itself is
accepted for payments by 90+ dentists, suppliers, service providers in 25
countries. The global Dentacoin community (incl. followers and subscribers) sums up
to 210K+ people.
Another key achievement this year was our
participation in the International
Dental Show in Cologne, Germany where Dentacoin positioned itself as
the first blockchain solution provider to ever exhibit at
the world’s leading dental business
summit.
Photos plus video of the speech of Dentacoin’s Co-Founder
Jeremias Grenzebach: https://ids.dentacoin.com/
Q: Could you tell us more about where you see your company in the future?
In 200,000
dental offices in 25 years.
Q: What are the key elements you want readers to take away from this Interview?
I would just like to encourage people to be open
to new solutions. Two years ago, there were a lot of skeptical comments denying the chance of a
niche solution like Dentacoin to gain
traction in a
well-established industry like dentistry. Yet, here we
are, more devoted than ever to deliver better,
more secure and efficient experience
to dental professionals and their
patients across the entire globe.