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Distributed Credit Chain – The Credit System that Decentralizes the Monopoly

mirofameJun 6, 2018, 4:24:56 PM

☑️Main Idea

Distributed Credit Chain (DCC) is bringing the future of banking right in front of your door. This company is taking the current problems of the credit business and eliminating them in a best possible way. The centralized credit services, the monopoly connected to it and the inefficient privacy policies are one of the biggest problems, concerning our banking interests.

With DCC people would be able to choose their loaners, while the prices would depend on the market, rather than on the mediators in between. Being decentralized, the blockchain does not store personal information at one place for a long time, and the data can be transmitted from one to another by encrypted codes.

There is no third party, which means that every bit of information is stored safely without the risk of leakage or misuse. Everyone in the chain would be rewarded for their part in the process, there would be no exceptions.

Everyone would have a decentralized account system for verification, called DCCID, which is basically a member ID. It can be generated offline and would include real0life information about its owner, like real name, loans, credit history.

This project is eliminating the well-known negative aspects of the current credit business and gathering only the secure and profitable ones to create the best and most reliable banking system.


This project started its journey nearly one year ago and has very big plans for the next two years. In September, 2017 DCC was born on the Ethereum blockchain and since then its mission is to evolve and become the best decentralized financial ecosystem on the market. In October the same year, the DCC testnet was launched.

2018 is the year of innovations and development. In the beginning of the year the first and second DApps were launched on the DCC network and not only them, but also the open Credit Chain platform. At the end of the year we are about to expect the company to enter the Indonesian market.

2019 and 2020 are reserved for expanding the idea and implementing it into a broader market range and other developments. The Roadmap is showing us how the team is devoted to reach perfection, not very fast through time, but very efficiently.


The Founder and CEO of the DCC platform is Stewie Zhu who is in the fields of Electronics Engineering and Statistics since his years in Nanjing and Yale Universities where he received his Bachelor’s Master’s Degrees. Since 3 years he is a CEO of TaiCredit and all this experience he uses now in managing the DCC business.

The Co-Chief Researcher of DCC is Stone Shi, who attended also the Nanjing University and was a Vice President in J.P. Morgan for 7 years before taking the position in DCC.

Daniel Lu has PhDs in both Financial Engineering from the Leipzig University and in Mathematics from Yale University. His knowledge is making him the best for the position of Chief Innovation Officer of Distributed Credit Chain.

There is also a team of six Advisors, whose years of experience and bright vision for the future of the company makes them perfect for the job. They find the best possible solutions of different difficult problems and make it their mission to minimize the negative outcomes.

✅Website Review

The website is very well- organized and the interface looks modern and tastefully designed. There you can find information about the team members, the idea behind the project, the Roadmap, the Partnerships DCC established up until now, and also the places where you can find the company in the social media.


This ICO has one very huge fan base, bigger than that of any ICO in such an early stage I have ever seen since now. On Twitter, the platform has 10.2K followers, which is pretty amazing and extraordinary, considering the stage of development of the company. On Facebook DCC has 3273 followers, and last but not least- Telegram, where there are 35 520 members.


The total supply of the DCC tokens is 10,000,000,000 and the price of 1 DCC token is 0.0388 USD or 0.00007299 ETH. The starting date of the pre-sale was May 5th, 2018 and the ending- May 15th, 2018. In this period qualified investors, famous in their fields, would be invited to invest.

The main sale has already ended on May 28th, 2018 and the Hard Cap for the round was $49,000,000, which was REACHED. Yes, this should only show you how the DCC goals are achievable and that they know what to expect and how to achieve what they want.

18% of the token supply was used for the private round of the token sale, another 2% for the ICO. 20% were allocated to the members of the team, as a reward for their efforts and achievements. 15% were reserved for bonus rewards for early investors and project partners, and the left 17% were for ECO Reward.

The raised funds would be used for Labor costs, Marketing, Business, Consultancy, Ecosystem-Operations, and a Risk Reserve Fund.


One sufficient and successful company needs back up from strategic partnerships, which is on point with DCC. One of its partners is DATA (Decentralized AI-powered Trust Alliance), another is Juzix, which is considered the future of data services. Other names on the list are Deepfin, Newton, Userchain, and MLG Blockchain.


As far as I can see, the project awaits huge success, considering the great number of followers that it already has. It is a fact that money is what makes the world turn, even if we struggle to admit it. It is important to keep them safe and secure, and that is why the idea behind DCC is so promising.

Money helps us start our own businesses, buy the perfect house and put food on the table. When we need it, we turn to banks for credits and later we hate ourselves for doing so. I am looking forward to seeing what this project is going to bring and how easier and safer it would make the credit business.

⚠️Disclaimer & Disclosure: None of what I provide in my articles is investment advice. Please do your own due diligence. A link to the article will be sent to the ICO team and they may issue a reward for it.

Official Website: http://dcc.finance/

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

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