Dentix Initial Coin Offering: Project Overview and Road Map Analysis

cryptomoose1 (25)in #cryptocurrency • 6 years ago

There are a number of dental software programs available for small, medium and large dental practices that allow for dental electronic records management. For example, some software is designed for single offices, such as “Denticon” which is a practice management and revenue cycle management software solution.

Other software such as “Solutionreach” is a scalable, cloud-based medical practice management software for small to large offices; and a second cloud-based option is “iDentalSoft” a dental practice management solution that offers integrated charting, billing, treatment planning, scheduling and imaging features with a cloud option to host data and backups.

Others offering software for charting and Practice Management systems include “Dentrix Enterprise” which is a fully integrated solution used by many hospitals, dental practices and health centers.

All of these software solutions for management at some point integrate dental electronic health records in the patient management work flow.

Dentix proposes another solution by offering a secure decentralized platform that is patient-centric and focuses on the ability to access patient data and records securely. What sets Dentix apart is its focus on patient dental health records and its modular approach that increases inter-operability.

The success of Dentix will be its Software as a Service (SaaS) cloud platform that it has developed. The road map to deploy its platform is critical to understanding if Dentix will be a successful ICO or not.

Project Overview and Development Road Map

Dentix has done a very good job in their whitepaper and on their website to outline and give details of the project’s development road map. Dentix developed their Software as a Service (SaaS) platform from July 2016 to December 2017. This was followed by the smart contract and token development in early 2018, just prior to its pre-ICO and ICO. The current state of their platform is laid out in their “road map”. They will strive to meet all milestones as set out in the road map but the timeline will be adjusted as necessary based on the team’s need to refine and improve the platform.

The project plan throughout 2018 after the ICO ends (at the end of April) involves beta testing of the Dentix platform until May 2018 and then a platform deployment phase from June to December starting with deployment and testing in the Gulf Region (Middle East), Europe and Asia-Pacific region.

Dentix also plans to build, test and release its Dentix mobile app later in 2018.

The Dentix Initial Coin Offering (ICO) sale is scheduled to start on April 2nd, 2018 and DNTX tokens can be purchased by depositing ETH.

Summary

Dentix has a well laid out project and development road map. The project considers many aspects of dental health record security, privacy, blockchain storage and its use by both patients and dental practices.

Very little information was given in the white paper regarding dental practice recruitment. One suggestion for Dentix is to consider building its dentist support module that offers data conversion or data integration from the other practice management software packages that are available (eg. the ability to import electronic health data from Denticon, Solutionreach, identalSoft, Dentrix Enterprise or other popular softwares). This would make it easier for dental practices to join the decentralized blockchain platform developed by Dentix. Adding this functionality to its modular services (that it is already planning) would help to grow Dentix’s dental professional user base more quickly.

Transition of existing dental businesses to a new platform like Dentix should be seamless and easy.

The strength and thoroughness of the development plan shows that Dentix’s CEO and team have the expertise to deliver the platform and planned modules. Dentix with its impressive development plan will be a success.