The Silicon Valley dental practice, Shine Dental, has started accepting Dentacoin, a digital coin created specifically for the dental industry. Shine dental is lead by Dr. Swapna Raveendranath and offers teeth whitening, bleaching, dental crowns, implants, and emergency dental services. Dr. Raveendranath’s goal is to “take care of every patient in the community” and has decided to implement cryptocurrencies as a payment option for dental services.
AB Newswire reports that “The popularity of digital currencies has led many dental care services to adopt this new means of payment. Dental clinics that have adopted cryptocurrency payments have reported receiving calls from all over the US.” With this in mind and the valley’s tech-savvy crowd, Shine Dental could easily become the prime location for dental treatment that caters specifically to this particular audience.
Shine Dentals has joined twenty two other dental practices around the globe that are partnered with Dentacoin. Dentacoin first debuted in August of 2017 and has since then been in the top 100 cryptocurrencies on coinmarketcap.com. The Dentacoin blockchain uses distributed ledger technology to help streamline the process in dental industry to make services more available and affordable. The network plans on eliminating the need of middlemen like insurance companies and suppliers in order to cut costs as well as creating all transactions and interactions solely between doctor and patient.