Thoughts & Talks

The Token Economy: It is time we all get paid for every single job we do

“In the future, more and more things we do (passive or active) are going to get compensated by a token of some sort. In the same way today governments are issuing money, in the future companies will be issuing tokens to marry that value to a function that they have, or a product of their specific offering.”, William Mougayar at Ethereal Summit 2017. As William Mougayar (@wmougayar), the author of The Business Blockchain said during the Ethereal Summit 2017, “We all have 3 jobs today: the job that we get paid to do at an office; the 2nd job is taking care of ourselves and our family and household; and the 3rd job has been given to us by another company for using their services – renting a car for example. All kinds of jobs have been given to us, without us getting compensated (paid) for them.” (more…)

By Mariam Nishanian, ago
News

Report: Implementation of Dentacoin as a currency in first partner clinic

Dentacoin as a currency in first partner clinic! In our search of corporate partners in dentistry, we were looking for a partner who would easily understand our concept and adopt it into their daily workflow. Therefore, it had to be a clinic with affinity to innovations and willingness for a constant improvement. The first clinic to ever identify with our concept for the global dental industry was SWISS Dentaprime – an innovative Dental Implant Clinic, which strongly invests in digitization and automation in all aspects of their work. In March 2017 they implemented Dentacoin as means of payment and as a part of a Patient Loyalty Program (rewarding patients for giving constant feedback, writing reviews, recommending the clinic to other people). We are happy to share our partner’s first results and objective feedback in regards to the implementation of Dentacoin as an integral part of their workflow. (more…)

By Dentacoin Team, ago
Videos

Video: What is Ethereum?

Dentacoin is an ERC20 token programmed on the basis of the Ethereum Blockchain. But what is Ethereum? This is a powerful decentralized platform that runs smart contracts: applications that execute exactly as coded, preventing censorship, fraud, downtime or 3d party interference. It is designed to handle messaging, secure payments, decentralized storage, e-commerce, voting, banking, internet of things. Developers can build applications for communities and businesses while keeping communication safe and secure. (more…)

By Dentacoin Team, ago
Thoughts & Talks

Currencies, Evolution and Blockchain

Currencies, Evolution and Blockchain. ‘Creative destruction threatens power. This is why disruptive innovations require new models of thinking to truly enable new technology to reach its potential in a competitive market.’ — Tim Wu, The Master Switch It is an undeniable fact, nowadays, that in our everyday life we use different currencies irrespectively whether we realize it or not. Using it every day one would think that most people should be familiar with the creation process, how money flow is regulated, how amounts are increased/decreased and basic currency history. However, most people do not possess this knowledge. The need to retrieve a tradeable object has already been existent since ancient times. People traded shells, stones, etc. for a desired good. Hence, exchange transactions, and “currencies” were existing even then. However, in time people expanded their trading habits and territory and became more and more aware of the value and power of money and started to use it as a tool for manipulation on different levels. (more…)

By Betina Bogdanova, ago
Thoughts & Talks

Georgi Balinov, Merrill Lynch talks to Dentacoin

As Dentacoin has a specific industrial orientation and is planned to be used as an industrial means of payment, it is of high importance to our team to get valuable feedback from professionals in various relevant fields such as dentistry, finance, macroeconomics, insurance or Blockchain. It was our pleasure to have Mr. Georgi Balinov, Director at Bank of America Merrill Lynch, sharing his thoughts on the hype around Blockchain Technology. Dentacoin: Currently, there's hype around Blockchain technology. A recent report from the World Economic Forum predicts that by 2025 10% of GDP will be stored on Blockchains or Blockchain-related technology. This leads to the conclusion that Blockchain will have an impact on every industry. Nevertheless, there is still a lack of Blockchain solutions, specifically aligned with the needs of a particular industry. What do you think about the future of specific industrial solutions based on Blockchain? (more…)

By Dentacoin Team, ago
Thoughts & Talks

The success factors behind Dentacoin

Prof. Dr. Dimitrakiev, the Founder of Dentacoin Foundation, explains more about the projects, being developed to revolutionize the Global Dental Industry. Why is he so convinced in the success of the Dentacoin concept? What are The success factors behind Dentacoin? Learn below.

Prof. Dimitrakiev, in your statements and interviews you have explained the Dentacoin concept from different points of view. What is the central mission of Dentacoin? Prof. Dimitrakiev: It is an utter unfairness that only wealthy and middle class people have the privilege to afford state-of-the-art dental care. Nowadays, fixed teeth solutions with implants f.e. are the best treatment option for elderly people and a prerequisite for a normal, dignified life. But the reality is that the majority of people globally cannot afford these treatments. Thus, for budget reasons they have to settle with lower quality solutions, such as unreliable removable dentures. Here comes Dentacoin. (more…)

By Dentacoin Team, ago
Thoughts & Talks

Why does world need more currencies?

The Bretton Woods Conference (*1) is one of greatest international economic gatherings ever. And while no one can say yet whether the role of the USD in the international monetary system will be the same dominant in future, there are more than just doubts. One key feature of the Bretton Woods system was that countries would bind their exchange rates to the US dollar. While this system was effectively eliminated in 1971, the US dollar’s dominating role in the global currency system is still more or less intact – a reality that many people wouldn’t like to accept. But such discontentment with the USD function as the dominant global reserve currency is not new. In the 60s, the French finance minister Valery Giscard d’Estaing strongly criticized this "privilege” of the United States dollar’s status in the currency system worldwide. (more…)

Thoughts & Talks

Dentacoin: an Autonomous Organization and a Foundation

Prof. Dr. Dimitrakiev, the Founder of Dentacoin Foundation, explains more about the pillars of the Dentacoin’s organizational concept.

Prof. Dimitrakiev, could you please explain the organizational concept of Dentacoin? Prof. Dr. Dimitrakiev: Two are the pillars of the Dentacoin’s organizational concept. On the one hand, Dentacoin is a completely autonomous, decentralized organization. This innovative concept represents a network of decentralized users, taking decisions together. Every user can vote for or against any given decision based on a voting smart contract.  Coin owners are therefore involved in all business activities and have a great influence on them. (more…)

By Dentacoin Team, ago
News

The First Blockchain Concept for the Global Dental Industry

Dentacoin (DCN) is the Bitcoin of Dentistry. It is the first and only crypto coin created as a payment method in dentistry worldwide. This is an opportunity to invest in this growing, high-tech oriented, 500 billion USD industry. Additionally, according to the statute of the Dentacoin Foundation every single decision that is made by the management, as well as all financial statements, must be shown and clarified to the Dentacoin owners. The integrated voting system then gives coin owners the opportunity to vote on these decisions. Coin owners are therefore involved in all business activities and have a great influence on them. Besides offering a voting right and being a cryptocurrency, DCN provides value-creating tools. Those tools, together with the game-changing insurance model, will inevitably improve the dental industry providing various benefits for suppliers, patients and dentists. It will improve dental health and will lower costs for dentists and patients.  (more…)

By Dentacoin Team, ago

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