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

Dentacoin