Frequently Asked Questions

Dentacoin is “The Bitcoin of Dentistry”. It is the first Blockchain* solution for the global dental industry. Driven by a vast community of progressive dentists, Dentacoin helps each dental practitioner to develop a successful patient-driven practice through a same-named cryptocurrency (DCN), a prevention-focused dental Assurancе and a set of incentivized software tools.

* Blockchain is just a new technology used for secure storage and exchange of data and value.

The Dentacoin Foundation has already developed four Blockchain-based software applications intended to facilitate and leverage the exchange of information and value between patients and dentists.

DentaVox. An online market research platform surveying users (patients) on various dental health topics and providing key results publicly.

Trusted Reviews. The first platform for detailed, verified and incentivized dental treatment reviews written by patients with verified identities.

Dentacare. A mobile app which teaches kids and adults to maintain good oral hygiene through a 3-month, incentivized challenge.

Dentacoin Wallet dApp. Allows users to easily and securely store, send, receive DCN tokens, as well as buy DCN against traditional and crypto currencies.

Dentacoin Assurance is the first Blockchain-based program that entitles Patients to preventative dental care for life against an affordable monthly premium in Dentacoin (DCN) cryptocurrency. Dentists receive regular monthly capitations, with the provision that all services will be provided to Patients at no charge or at greatly reduced fees.

The model brings the financial interests of Patients and Dentists into complete alignment while shifting the focus from acute treatment to sustainable prevention and establishing strong, lasting bonds.

The testnet of Dentacoin Assurance is planned to be launched by the end of 2018.

Dentacoin (DCN) is an Ethereum-based utility token which is embedded as an incentive in the Dentacoin tools. It can be easily exchanged to other crypto and traditional (USD, EUR, GBP, etc.) currencies and is already being accepted as a means of payment by dental clinics, laboratories, shops in 18 countries. Every new participant in the Dentacoin community leads to increase of DCN value (“network effect”) - i.e. the more people use DCN, the higher its value grows.

You just need to create a wallet where you can send and receive Dentacoin (DCN). It's very simple, free and takes less than 2 minutes.

Three things to remember only:
1) When you create a wallet, your Dentacoin Wallet address will be automatically generated. This wallet address is comparable to your traditional IBAN. If patients or anyone else want to send you Dentacoin (DCN), they will need this address.
2) Your password and the Secret Key File generated upon creating your wallet are the most important access details. Comparable to the PIN of your credit/debit card, you cannot access your wallet if you don't have the password and the Secret Key File.
3) Only you are responsible for your wallet and the funds in it. Nobody else has access to it. Dentacoin B.V. do not store any access details of yours.

Go to Dentacoin Wallet dApp and create a wallet by simply generating a Secret Key File. To create a wallet type in your desired password in the Create section, then click the “Create” button. You will be prompted to download a Keystore/Secret Key File. A Secret Key File contains all your login information, but its contents are encrypted with your password. Without either one you will not be able to access your wallet. Make sure you store the file in a safe and secure place - that’s the only way to access your wallet and only you are responsible for it. We do not store any user access details.

Every time you need to access your wallet, you will just have to go to Dentacoin Wallet dApp, click on the “Import” section and upload your Secret Key File. It should have a similar file name to “Dentacoin secret key - 0b77abd12b48d51a8a5d740d94b455b377886b72.” Once uploaded, input your password to successfully log in.

You can earn Dentacoin (DCN) currency by using the Dentacoin Tools. More conretely, by sending your patients an invitation to write a review for you on Dentacoin Trusted Reviews or by referring them to DentaVox where they can take surveys on dental health topics. For each review written or survey taken upon your invitation, you receive an amount of DCN.

Upon the release of Denacoin Assurance you will also be able to receive DCN currency as a regular income from monthly premiums.

Moreover, you can always easily purchase DCN with a card from Dentacoin Wallet dApp or from one of the exchange platforms DCN is listed on.

Dentacoin currency can be bought and sold on the following exchange platforms: HitBTC, Cryptopia, CoinExchange, Mercatox, UPcoin, IDEX, EtherDelta, BuyUcoin, KoinOK, Godex, EasyRabit, ChangeNOW, LATOKEN, CoinSwitch, OEX, weiDex, Swap.Online, Bitibu, Boa exchange, Blockonix, CryptoBulls, TokenJar, BestRate, ChainEX, SimpleSwap, Atomic Wallet, Changelly, Indacoin, Kanga Exchange, Netcoins.

A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. It is designed in such a way, that everyone with an internet access can participate.

It is an online platform where you can exchange one cryptocurrency for another crypto or traditional currency (EUR, USD, etc.). It is very similar to what a physical exchange is - you have one type of currency and exchange it against another. Nowadays, there are many cryptocurrency exchange platforms that are designed in a very user-friendly manner, so no tech knowledge is needed.

Crypto wallets are a way to access, store, send, receive and track digital currency holdings whether it is Dentacoin, Ethereum, Civic, Bitcoin, etc.

Cryptocurrency wallets are like the leather wallets which you use for carrying cash and credit cards, the only difference is that the crypto wallet can hold hundreds of digital currencies with an additional option of keep tracking details such as when, where and how much you spent, added or withdrew.

Cryptocurrencies are treated differently in different countries. Please check the current status in your country: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory