ConfiDent ® Palm Dentist has officially announced the use of cryptocurrency payment methods and is considered the first dental clinic located in the United Arab Emirates to accept cryptocurrencies as a form of secure payment.
Different Types Of Crypto Will Be Accepted
Patients can choose from a range of accepted crypto in the clinic today to pay for their dental services such as;
Bitcoin (BTC)
Ethereum (ETC)
Dash (DASH)
Tether (USDT)
Utrust (UTK)
Elrond (EGLD)
"We at ConfiDent believe cryptocurrency is the future of payments," says Dr. Jaouhar Mokaddem, Medical Director of ConfiDent Palm Dentist.
"As crypto has gained popularity and starting to become a mainstream form of decentralized currency, we want to be at the forefront of innovation for Dubai’s Smart City Vision and for our patients by introducing cryptocurrency as a form of payment solution in our clinic.’'
Blockchain Technology, Smart City and, Utrust Payment Solution
Dubai Government aims to become the number one smart city in the world and the adoption process has begun with impactful measures.
Steps taken in the effort to becoming a smart city include implementing initiatives such as; paperless transactions by December 2021, create sustainable cities, and delivering services through apps. It is also encouraging the gathering and sharing of data from its residents to develop and customise services to ensure customer happiness.
Along with the smart city initiatives – Cryptocurrency being one of them has gained traction as the government of Dubai partnered with the cryptocurrency payment solution company - Utrust.
Utrust is the leading cryptocurrency payment solution designed to modernize the finance and payments industry and solve the problems of traditional payment methods by offering instant transactions and immediate crypto-to-cash settlements for the merchant.
Utrust helps and allows citizens to buy properties in UAE instantly and safely through blockchain technology today. This doesn't exclude the beneficiary from receiving FIAT currency (AED, UDS or EUR) through the traditional banking service.
ConfiDent ® Palm Dentist: Partnership with Utrust
ConfiDent ® Palm Dentist is proud to have partnered up with Utrust, offering patients to use this form of remittance as an alternative to the traditional payment gateways.
Depending on the crypto of choice the transaction varies from instantaneously to just a couple of seconds for the patient to pay for their services.
‘‘We see an increasing adoption and demand of blockchain technology in Dubai, it was a natural choice to start this partnership with Utrust early on to offer this new form of payment solution in our clinic.’’
The future & beyond…
Dubai government and the Ministry Of Health are still working on new adoptions and with the hopes of more blockchain-based implementations such as; supply-chain tracking and data flow.
This would allow a frictionless protocol of quality management where health care providers and patients can benefit from a more safe, smooth and sustainable future.
Digital currency payments at ConfiDent Palm Dentist - another way of staying on the cutting-edge of the dental world.
If you would like to get a full dental analysis - Contact our expert team today.
Secondary source educational information gathered by the author.
About ConfiDent ® Palm Dental Clinic.
State-of-the-art restorative and cosmetic dental practice awarded Leading Implant Center in GCC and the Middle East.
Our premium class practice uses sophisticated and precision-engineered German-made technology that helps us to perform all treatments at the highest level.
ConfiDent® Dental Surgery Clinic is located right in the center of the Palm Jumeirah, inside the Golden Mile Galleria Mall, building 8 on the mezzanine floor.