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RE: DentaCoin - Blockchain for Dentistry
So its just an insurance company? Its a neat idea, but without a direct government backing, it will not go anywhere.
So its just an insurance company? Its a neat idea, but without a direct government backing, it will not go anywhere.
There is more to it check this:
https://bitcoinexchangeguide.com/dentacoin/
I still think it is a good idea, but something like this needs a large scale to function. That is just the way insurance works. The amount of money a dentist would receive from dentaCoin is dependent on how many people he serves, but there is a big difference between expensive customers and cheap customers. A large network in payers is necessary to absorb the ebbs and flows of medical expenditures.
TLDR; DentalCoin concept only works at 60mph or above, but it has to start at 0mph.