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DIGITAL CREDIT CHAIN – The Right Digitalization of the Financial Industry

RoonyBlackJun 6, 2018, 11:18:21 AM

What is Digital Credit Chain?

In time when everything is growing faster and faster like the digitalization, internet speed or the computer resources, customers need something more to ease their day. Here comes our platform.

Distributed banking is the source which will emerge in time like this. Traditional consumer needs convenience, privacy and speed. A new kind of virtual agency, which is based on blockchain technology, is the thing, which guides here this idea.

As it goes the need to evolve, the idea of distributed banking grows and changes. Changes into the idea of a platform based on the need to make comfort. Distributed Credit Chain (DCC) is the main base, which will lead a bunch or services for the clients – new business standards, outspread business contracts, and so on for a variety of business services.

The fundamental definition of traditional credit business is : a credit activity wherein the holder or certain currency positions temporarily lends an agreed – upon amount of money at an agreed - upon interest rate to a borrower, who repays the principal and interest according to the terms and period which is agreed on.

Based on this fundamental description this new project applies to the needed solutions with included blockchain technology in real scenarios.

With this the team of DCC is breaking the known regulations and base elements of our time through simple solutions.

The ecosystem of the known banking system, DCC is aiming to break this monopoly and to make financial services achievable to all users on global scale, and to make digital banking a way of achieving goals. And with decentralized thinking, transformation of the business structure and authorized government regulations, DCC is bringing difference in time when everyone is aiming the known and secure.

This platform have the potential of success and the base element for that is the strategy for breaking the problems into real solutions not just predictions. The key elements for that are several and simple to the eye they make statement to be the right choice – borrowers, data service providers, algorithms, credit history feedback, funding providers and risk assuming institutions.

Base Elements of the Project

Projects have start, key events and future goals. The development timeline of this project starts in August 2017. In March 2018 was launched the first loan product Dapp based on DCC. After that in April the same year DCC open platform was online. And from that moment the future for this new platform started and the numbers are talking already. The following events go far beyond this year and even continues to 2020 where the platform is planned to migrate to public blockchain system.

Every project have to be led by someone and here the core team comes to three important specialist in business, finance and game theory. These three involved people are Stewie Zhu, Daniel Lu and Stone Shi.

Advisors to these project are people from different departments and with different experience who will departure specific information from there area. They are Chen Yu, Guo Yuhang, Yao Ming, Chen Zhiwu and many more.

The provided information in whitepaper, which is in key place in the website of the platform, future investors, can take any important keys to the decision to be involved as investor or just a person who just walks by.

The team has taken care for every aspect in website and easily connected the people to themselves through information and data for the key elements of their project.

The hard cap for the official round for the ICO sale is 10 000 000 000 DCC tokens.

There is a specific details for the private round of the sale. A qualified investors in the financial specter will be invited for investors with a fundraising percentage no more than 18%. But in this round the other catchy detail is that tokens will be locked, with a specific amount to be unlocked – 25 %.

In the ICO round a part of this amount of tokens will be issued to a Non – Chinese and American investors.

Finish to the Author's Paper

At time where consumer need more comfort, convenience, easy way to connect to the needed point and in the same time privacy zone, DCC and the team behind it secures a way to achieve that.

With the project called Digital Credit Chain (DCC) people are getting new and more comfortable financial services through blockchain technology. A part of just several clicks, the consumer will get the best service and the waste of time is going to be minimized.

DCC Open Platform is a bridge between the traditional understandings in financial services and the new blockchain based approach that provides the same opportunities in a faster and secure environment. Thus, limitations of the traditional banking could be overcome which will lead to greater customers’ satisfaction.

Disclosure: This article is participating in the ICO Bounty Media Campaign for reward. Please be advised that everything written in the article is my personal opinion and it is NOT investment advice.

DCC Official Website: http://dcc.finance/index.html

DCC Whitepaper: http://dcc.finance/file/DCCwhitepaper.pdf

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