A cryptocurrency aimed specifically at the dental profession surged 900 percent in the last 30 days, rising in value from $0.000078 per coin on Dec. 7 to nearly $0.0008 by Jan. 5, according to Dentistry.co.uk.
Dentacoin is accepted at some U.K.-based dental practices as a form of payment. It enables mobile phone or tablet payments, and is bank-charge free with receipts and withdrawals made in seconds.
"With the added investment all cryptocurrency has been receiving it's no wonder the value of Dentacoin has continued to surge," Seb Evans, Dentistry.co.uk editor, said. "It doesn't look like it will stop here either."
Dentacoin claims to solve dental health by bringing blockchain to the industry and providing equal access to high-quality care to all individuals, despite their income. It will also offer Dentacoin Assurance, an insurance-like model, which will be introduced later this year.
"As more Dentacoin gains more interest and more practices start accepting the dental cryptocurrency, the value is only going to rise," Mr. Evans added.
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