Dentix: Dental Health Records Whitepaper Analysis

cryptomoose1 (25)in #cryptocurrency • 6 years ago

Dentix is developing a distributed, Dental Electronic Health Record (EHR) platform, which will give patients and dental professionals access to their dental records in a secure and transparent way.

Dentix will create and add other services that will allow dentists to greatly improve the quality of service delivery to their patients.

The Dentix whitepaper contains several typical and expected sections including the company’s mission statement, platform development, user apps for the platform (eg. Dentix true view and mobile application development), a development roadmap showing the main project milestones, a description of the Dentix token (DNTX), and the platform marketing strategy.

The Dentix Platform

The whitepaper discusses the platform and its set up using a modular content delivery network (CDN). The platform allows clinics to upgrade to a new custom scheduling system or integrate their existing systems into the CDN. The blockchain will also introduce and use its own cryptocurrency token which can be earned, traded, and spent to pay for dental service by patients. Dentrix will use the new DNTX token to support its platform and modules.

Dentix is aware of the importance of partners and outlines the collaborations that it has already made in the whitepaper including: Clearify, Livewebmedia, Icolistview, Icoalert, and Drummondgroup.com.
Initial Coin Offering (ICO)

The whitepaper gives details of the Pre-ICO and ICO.

- The  cost of 1 DNTX   token = 0.001 ETH.
- The token sale will run for 30 days with a possibility of an early completion if the hard cap is reached.
- The total number of tokens available is 300 million.
- Tokens can be purchased during the ICO with either Bitcoin (BTC) or Ethereum (ETH).
- Project Soft-cap: US $1.2 million and Hard-cap: US $28 million.
- United States residents can participate in DENTIX tokens purchase and distribution
- DNTX is considered a utility token and does not represent a security investment.

The Dentix whitepaper provides an excellent overview of the project, its use case to improve electronic health record management, its token and development roadmap. Unlike conventional EHR, Dentix will offer a SaaS (Software as a Service) solution on the platform it is developing that is backed by blockchain security and reliability. As more dental clinics use the Dentix platform the company will grow in to a worldwide network of providers that are capable of receiving and greeting any patient from Dentix’s network.

Security and inter-operability are priorities for Dentix. Their use of a modular approach means that all patient charts, health records, allergy records, and emergency contacts are split into separate modules which are digitally signed. The segmented approach ensures safety from hacking attempts. Patients can pay dental bills with Dentrix DNTX tokens.

Summary

Overall, the white paper is clear, well-written, and provides a lot of detail of the platform, how it will be developed and deployed. One of the most interesting aspects of this ICO is that Dentix plans to add more modules and bring more services online to benefit practices and patients. Dental practitioners will be able to use other services as ePrescribing, eLaboratories, and imaging modules. Dentix envisions a future global network of dental providers and patients. The growth of Dentix with new modules over time will give patients comprehensive dental care.

Based on the white paper Dentix is uniquely positioned as a revolutionary ICO that has the ability to transform digital dental record management using the blockchain.

Dentix website: https://dentix.io/

Dentix whitepaper: https://dentix.io/docs/dentix_whitepaper_latest.pdf