Cryptocurrency is becoming more and more of a part of life, and if you have ever thought about getting a gold or silver tooth from the dental clinic, then it is time to think about it. Early in 2018, Dentacoin had launched a new cryptocurrency that could help dental clinics get more customers in a very cost-effective way.
The first dental clinic in Ontario to accept cryptocurrency for its services has just opened a branch in Ontario, Canada. The Dentacoin Foundation, a charitable organization that is invested in the development of blockchain technology, has partnered with Optimal Dental to launch the first ‘smart clinic’ in Canada. They will make use of the Dentacoin blockchain-based token to obtain discounts on patient’s treatment.
At the time of writing this, the dentist in question, called ‘Dentistry on the Block’ are planning on accepting cryptos as a form of payment for its services. Dentistry on the Block is a family owned and operated dental clinic in the town of Woodbridge, Ontario that offers general, cosmetic, and family dentistry, all with a personal touch. Dentistry on the Block has been providing quality dental care for over 30 years.. Read more about best upcoming cryptocurrency and let us know what you think.Southdown Dental, a clinic in Mississauga, Ontario, is introducing a new payment method. Patients will soon be able to pay for their services with cryptocurrencies. The dental clinic says they accept digital money for every procedure, from routine checkups to braces for children.
Canadian dental clinic responds to growing demand to accept cryptocurrencies
A dental clinic is stepping into the world of cryptocurrencies in response to the growing positive sentiment towards cryptocurrencies. The company’s management has seen an increase in the use of digital currencies in the consumer and service sectors in Canada. The cryptocurrency offers autonomy to users, reduces transaction costs and allows for quick and easy payments, the clinic said in a press release. Southdown Dental provides services to the residents of Mississauga in the Greater Toronto Area, in Canada’s most populous province, Ontario. Established in 1989, the clinic prides itself on being a pioneer in dental innovation, using the latest technology to provide the best possible care to patients. The dental clinic stated: With the growing use of cryptocurrencies, Southdown Dental is excited to be a part of this movement and meet the growing demand from Canadians for more use of cryptocurrencies. The dental center also acknowledged that many patients are not fully insured for some of the more expensive procedures. And in these unpredictable times, the clinic says, they may want to keep their money in bank accounts and spend some of their cryptocurrencies instead. Apart from the recent market correction, the value of cryptocurrencies has been on the rise since last year.
From regular checkups to surgeries and braces, patients can pay for everything with cryptocurrencies
Southdown Dental offers its customers financing if needed, a variety of payment plans, and a variety of payment options that are now even more extensive with crypto payments. The press release did not mention the grantees by name, but Dr. Kal Khaled, co-owner of the clinic, assured: Whether it’s a routine checkup, surgery, or braces, our patients will be able to choose between traditional payment methods or cryptocurrencies. It’s exciting to be the first Canadian dental practice to enter a new field that offers our patients new options in a very uncertain time, adds partner Dr. Bob Vavaroutsos. Toronto’s downtown dental hygiene clinic also accepts cryptocurrencies, according to a report from local Canadian media outlet Daily Hive, citing data from Coinmap. But while Southdown Dental is not the first company in the industry to use cryptocurrencies, it is certainly one of the pioneers. Do you know of other dental clinics that accept payments in cryptocurrency? Tell us what you think in the comments section below.
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braces, exams, coins, crypto currency, crypto currency payments, dentistry, dental clinic, dental services, dental practice, digital currencies, medical bills, Southdown Dental Photo credit: Shutterstock, Pixabay, Wiki Commons Denial: This article is for information only. It is not a direct offer or invitation to buy or sell, nor is it a recommendation or endorsement of any goods, services or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author shall be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services referred to in this article.Dental Clinics will increasingly be accepting payment in cryptocurrencies in the years ahead, according to an executive with a dental firm in Ontario, Canada. The executive, who is a director of a dental clinic in the Ontario region, stated that the clinic accepts cryptocurrencies for its services, though the insurance is not covered in this way yet. The spokeswoman stresses that the clinic is not accepting cryptocurrencies as a way of avoiding paying taxes, as the clinic is a fully compliant business and a member of a national dental association.. Read more about next bitcoin stock and let us know what you think.
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