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Understanding Digital Revolution: Overview of Cryptocurrency on Dentistry

   

Added on  2023-06-11

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Running head: UNDERSTANDING DIGITAL REVOLUTION
UNDERSTANDING DIGITAL REVOLUTION
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Understanding Digital Revolution: Overview of Cryptocurrency on Dentistry_1

1UNDERSTANDING DIGITAL REVOLUTION
Overview of Cryptocurrency on Dentistry
Dentacoin is known to be a well-known kind of cryptocurrency. It mainly focuses on the
fact that the digital form of money that is mainly used for easy kind of exchange by making
ofcryptocurrency as well as security. Blockchain is considered to be digital record of various
kinds of transaction. This particular technology has been designed in such a way that it can easily
prevent various kinds of fraud activities. Dentacoin was mainly created for suiting with the
various dental needs of the public. The ultimate intention of the creator was to be globally
recognized currency which made various kinds of technology and treatment more affordable.
Dentacoin was mainly distributed by dental lab for having various kinds of reviews and along
with feedback. The main goal of behind the Dentacoin for large number of people is to receive
payment for various kinds of dental insurance and care. It would ultimately have effect on impact
on both dental practices and various kinds of patients.
Brainstorming
At present the value of Dentacoin is not considered to be that much high. The current
value of Dentacoin is less than 0.01. Apart from this it ultimately a large number of excitement
among various kinds of investors. Apart from this it is much focused on creation of new kind of
currency. The founders of Dentacoin also build a digital kind of platform. The organization takes
into account the various kinds of hopes which mainly various kinds of people to easily review of
various kinds of individual dental practices and dentists. Patient can easily find out large number
of ways which can be used for better transfer of dental health. This particularly also focus to
patient to hope for the patient a proper kind of method that is mainly used for easily transfer of
medical records to various kinds of trusted doctors. Apart from this Dentacoin is planning to
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2UNDERSTANDING DIGITAL REVOLUTION
various kinds of education platform which is mainly used for promotion of post visit care and
various kinds of educational resources.
Regulation and Ethics
Among all the available cryptocurrency, Dentacoin holds the position in the list of top 30.
At the present the market value and capacity of Dentacoin is over 2 billion with almost 1.8
trillion is existence. The authorities of currency cannot easily have the idea regarding the of
denatcoin that have risen over the period of time. Dentacoin similar to other kind of
cryptocurrency can easily encounter large number of challenges. Security and proper kind of
regulation is considered to be central kind of issue among the provided currency. In the year of
2017, a south Korean organization named Yapian was eventually hacked and even it was forced
for bankruptcy. Other kind of attack which was encountered was manipulation of market.
Securities and various kinds of exchange commission keep a proper kind of key in terms of
watchful. It also focuses on keeping an eye on various of problems that has come into action.
Disruption
Blockchians can be easily defined as a proper kind of distributed system which is mainly
used for keeping records of various kinds of records which are present in linked blocks. After
that whole kind of data is mainly encrypted in digital ledger. This technology does not have any
kind of central administrators which mainly focus on the fact that no kind of one location is
available where all the required information on the blockchain is available for use. It comes up
with various kinds of benefits in terms of security because it can easily record of various kinds of
application.
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