DentaCoin as a source of strength for the global gear industry based Blockchain.

What is DentaCoin ?

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.

Vision

Dentacoin aims at improving dental care worldwide and making it affordable through crowd power. Numerous Blockchain-based tools will be developed and implemented.

Mission

To improve the quality of dental care worldwide, reduce treatment costs and create a dental community. Dentacoin focuses on developing a number of tools, each one targeting a different sector of the dental industry. Individuals who use and implement these tools will receive Dentacoin Tokens as a reward, which they can later use to pay for their dental treatment or to purchase dental products.

There are Four Stages of Project Development

• Phase I: Blockchain-Based Trusted Review Platform

Through creating and implementing the first Blockchain-based platform for trusted dental treatment reviews, the Dentacoin Foundation will allow patients voices to be heard and dentists will have access to up-to-date, extremely valuable market research data and qualified patient feedback — the most powerful tool to improve service quality and to establish a loyal patient base. Through a self- executing Smart Contract, the Dentacoin review platform will assure optimal autonomy, trust, speed, and safety thus mitigating any risks in connection with manipulations.

The brand new, blockchain-based feedback system (smart contract) will trigger a dynamic movement in patients and dentists to open DCN wallets. There will be a Dentacoin community that will create the prerequisites for the future steps that will be taken to penetrate the global market and will provide valuable market research results.

At this moment in time, Dentacoins’ developers are working on the frontend, the address database and the smart contract. This platform is already presented in the market despite the fact that the ICO only takes place in October 2017. Once the ICO begins the market offensive strategies and the advertising campaigns for the global expansion will be implemented and create a rapid growing community of patients and dentists.

Benefits:

• Transparent reviews
• Once on the blockchain, reviews cannot be modified or manipulated.
• Permanent data storage.
• Market research value.
• Patients will have access to the rating and reviews of each dentist and can base their decision of which dentist to go to on the provided information.
• Patients will have the option to speak out and present their opinions.
• Dentacoin (DCN) will be diversely distributed. Every single review is rewarded from the foundation subject to the foundation having stock of DCNs.
• The creation of closed economic system.

The basic idea is to provide and maintain a decentralized review platform based on Ethereum smart contracts. This website rewards high quality “patient reviews” and “market research surveys” with Dentacoin. The incentive structure has a strong influence on the quality of dental treatments and increases the mutual responsibility between dentists and patients.

• Phase II: Aftercare Mobile App and an Educational Website

The educational website aims to educate through entertainment.

This is achieved by developing blocks with questions that have multiple-choice answers. Each block contains a time frame and the amount of Dentacoin (DCN) to be earned if the question is correctly answered. This process is called the Answer- LearnEarn process because the participants can earn Dentacoin (DCN) whilst improving their knowledge with regards to dental care and oral hygiene. Relevant information is presented in the form of articles, video tutorials, and pictures so that each participant can improve their knowledge before answering a block. Learning through games is a proven method of lasting knowledge.

“Repetition of the same thought or physical action develops into a habit which, repeated frequently enough, becomes an automatic reflex.” Said Norman Vincent Peale

The Aftercare Mobile App aims to form long-lasting dental care habits. A habit takes 66 days until it is permanently integrated into the daily routine of an individual. Through notifications and reminders, our Mobile App will teach and navigate users (adults and children) to find ways to improve their dental hygiene and thus, form healthy habits. This will improve dental health and overall health. For children, forming dental hygiene habits will prevent the formation of deeper dental problems.

“Good habits formed at youth make all the difference.” Said Aristotle

• Phase III: Concept of Dental Insurance

Dentacoin’s one-of-a-kind feedback platform will be supported by many other solutions creating value for the same purpose to improve dental care quality worldwide This includes a dental insurance model. On the basis of this market initiative and a thriving community, revolutionary blockchain insurance is applied in this step. Through society, the critical mass of participants will be achieved, thus making Dentacoin the most powerful tool in the dental industry.

Dentacoin insurance is a smart contract rather than a classic insurance. Classic insurance is the collection of money from many people, covering the risks of some people and generating profit from all. The risk of growing up is followed by an increase in costs that makes it too burdensome for the individual. A typical “no future” model because people can not afford higher and higher costs. Insurance starts to reduce the risk they pay! That is why the global “state of the art” dental solution must be taken care of by people and they can not.

This new and unique Dentacoin model is a smart contract between an individual and a dentist. Smart contracts can be traded if both parties agree and all smart contracts together are part of the “super-smart contract”. Super smart contracts provide a safe net for patients in the form of collateral in case of death or bankruptcy. From dentists. Because smart contracts can be exchanged with blockchain it creates its own value as a product. Because patients and dentists will have the same 100% interest: keeping teeth healthy.

And because the guarantee only saves the patient if he meets his treatment policy so he always reminds his application. Moreover, because the dentist knows that he has to save, heal and replace his smart contract partner teeth at his own expense, both the dentist and the patient win the money if the goal of keeping the patient’s oral health up to the standard is met.

• Phase IV : Healthcare Database

Blockchain offers a model, which has the potential to enable secure lifetime medical record sharing across all healthcare providers. The rationale for considering a blockchain in electronic health care records is twofold. First, it avoids adding another organization between the patient and the records. The blockchain implies a decentralized control mechanism in which all have an interest, but no one exclusively owns it. This is an architectural change that generalizes past medical records. Second, it adds due consideration to a time-stamped, programmable ledger. That opens the door for intelligent control of record access without having to create custom functionality for each vendor. The ledger also inherently includes an audit trail.

The blockchain has the potential to standardize secure data exchange in a less burdensome way than previous approaches. As the DCN distribution model is aimed at value creation for the dental industry worldwide, each patient activity, which generates value for the dental industry, will be rewarded with Dentacoin. DCNs could later be used for paying dental treatments.

Dentists, on the other hands, could consider DCN as a financial investment or they could remunerate employees for their extraordinary performance in the workplace. They could also pay suppliers in Dentacoin with no extra time, no middlemen and no more high international transaction costs. This direct connection between producers and dentists will then allow dentists to provide lower prices to patients.

The currency cycle is closed. Moreover, the establishment of Dentacoin as an industrial currency will put all market players — suppliers, dentists, and patients — in a “win-win-win” situation.

The Power of Dentacoin

The Dentacoin Foundation recognizes that the value of all user contributions (reviews, recommendations, rewards, payments, trusted feedback, etc.) is greater than the sum of its parts. A single review is worth nothing, but millions of trusted and impartial reviews are worth millions (or even billions) of euros.

No individual users are expected to pay anything, but must be paid for all the things they do that value not only the Dentacoin but also the dental industry.

Possibility of Indirect Profit Sharing

Once a year, there is a possibility that the Dentacoin Foundation will be able to change back the Dentacoin tokens from market for Ether or Bitcoin with up to 50% of the operating profit. This will have the effect that the global DCN supply decreases. On the other hand, the Dentacoin Foundation may use the 50% of the operating profit to reinvest into the tools that are being developed by the Dentacoin Foundation.

The decision how to use the resources — including any profits and liquidation proceeds will be only and at every time in the hands of the management of the foundation. The operating profit includes interests from assets, profits of the clinics bought by the Foundation and any other return on investment.

Token Creation

There are 8,000,000,000,000 (eight trillion) coins (initial level of token supply is the number of tokens issued during the crowdsale and not specifically “8 trillion”). This size change has no effect on the existing principals. We recommend that one coin be called a “DCN” and therefore the ERC20 token is configured to be used globally by all individuals and its value comes through an exchange with Ether. We also recommend using symbol 8 to represent DCN.

Token Sales

For now (26/05/2017), the following sales steps are planned: 2017, July 1 — Public

Presale Closed Volume Presale: 80,000 000 DCN (1% of total supply)

Price:
0.003521 USD cents / DCN
Or 284 DCN / USD cent

UPDATE (28.06.2017, 1 ETH = 280 $): The DCN / ETH exchange rate during Presale is fixed for 8 000 000 DCN / ETH. In other words: 1 ETH = 8 000 000 DCN.

Fund allocation:
1. Creating front and back-end developer teams for Trusted Review
2. Testnet Platform Launch.
3. Program and launch Trusted Review Platform (testnet).
4. Program and launch support tools: aftercare mobile app, educational website.

2017, October 1st — Outstanding First Sale of
ICO Volume: 240 000 000 000 DCN (3% of total supply)

Price:
0.011723 USD cents / DCN
Or 85.3 DCN / USD cent

Fund allocation:

1. Create a team of insurance specialists, dentists, programmers to develop the Dental Insurance Model.
2. Launch MainNest Platform Trial.
3. Early Global Communications Campaign to get partners and multipliers.

2018, October 1st — Second Token Sales

Fund Allocation:
1. Encode and configure the Blockchain Insurance and Health database.
2. Develop Market Research Platform.
3. Second Global Communications Campaign to get partners and multipliers.

Allocation and supply

There are two ways people can get involved with a crypto-currency:
1. Purchase the cryptocurrency.
2. Earn via work.

In both cases, users are increasing the value of the currency. If people can earn money by working for one another then they will increase its value through mutual exchange facilitated by a fair currency system that is exactly the model through which Dentacoin operates.

The distribution of 76.1% of the coins (6.088.888.888.888 DCN) between 2018 and 2042 is planned as follows :

FUNDING

Funds raised during the ICO will be used solely for the development of the Dentacoin network. The following distribution of funds is preliminary and can be subject to change.

• Core Development 40%
  Core development will involve the development of the technology as described in this document. This includes the integration of VPN protocols, smart contract systems, supporting of security protocols and services, end user applications etc.
• Operational 25%
  This covers the necessary costs incurred for a functional system. This includes hosting and infrastructure costs, staffing, outsourcing, management and other related expenses.
• Marketing and Sales 25%
  Marketing costs will be used for partnership development and direct consumer marketing. Sales costs will largely be incurred through direct B2B sales.
• Legal and Compliance 10%
  There are legal costs associated with privacy protection and registrations with regulators. The legal costs might vary from region to region.

ROADMAP

This section aims to explain the different phases Dentacoin intends to progress through over the next few years, and the various milestones connected with each phase Dentacoin wishes to achieve for the users, developers, and the industry overall.

In total, there are 4 phases, namely: Knowledge, Expansion, Determination and
Eternity.

Each phase and its corresponding milestones, goals, and focuses are set out below.

1. Knowledge — Gather the required market data, using a blockchain based review network to create a global, growing database.
2. Expansion — Create a global community and motivate the participants to make use of the DCN currency.
3. Determination — Implement a decentralized insurance model.
4. Eternity — Build up DCN infrastructure for direct international trading between dentists and suppliers in cooperation with UPS, Alibaba and Amazon.

The Roadmap of Dentacoin is shown below:

The first major step after the issuance of the Dentacoin token on 14 February was the establishment and registration of the Dentacoin Foundation in Maastricht, The Netherlands on 03.03.2017. This truly revolutionary concept allows all coin holders to vote and advise Management on important decisions about the foundation. Because DCN is limited in number and thus — protected by inflation, its value is expected to increase in time, so that the parties involved earn further profits.

Website : https://www.dentacoin.com/
Whitepaper : https://dentacoin.com/white-paper/Whitepaper-en%20v.0.9.pdf
Twitter : https://twitter.com/@dentacoin
Facebook : https://www.facebook.com/dentacoin/
Slack : https://dentacoin.slack.com

Bitcointalk ANN THREAD : https://bitcointalk.org/index.php?topic=1944236

Penulis : https://bitcointalk.org/index.php?action=profile;u=997810