DCC Finance: World's 1st Distributed Banking Ecosystem!
- In modern society, we often use a variety of financial instruments. But sometimes, in order to meet some of our needs, we have to take out loans. Lending is firmly in our everyday life and is not something bad and incomprehensible. Many countries use this type of family Finance so often that they have to pay their interest for decades, if not for a lifetime.
- Yes, sometimes this approach allows you to live and not to deny yourself anything. However, the relationship between borrowers and suppliers leave much to be desired, because their relationship at the moment has a number of disadvantages:
- as practice shows, all decisions depend on large companies whose financial transactions are built in such a way that the client is obliged to pay them too large operating fees;
- very often the loans issued and their interest rate is not returned to the issued organization, after that they have to apply to the collection agencies that intend to return the money of the borrower. This process is always accompanied for companies in the additional costs, which sometimes are not even covered;
- due to the inefficient system of customer verification, there are often huge losses of financial resources of a company;
- and more.
- To resolve the above problems, the team of specialists who developed their Distributed Credit Chain (DCC) project aims. Let's look at what kind of project it is and what tasks it solves?
About the project
DistributedCredit Chain (DC) represents the world's first decentralized system, which seeks with the help of technology, the Blockchain, to organize all participants in financial services.
The main goal of the project is to improve all available financial scenarios, due to which:
- any borrower will be able to log in to the blockchain system without any problems for interaction with suppliers, as well as data transfer;
- it will be possible to extract different characteristics of the data, as well as to clean them, avoiding the biggest problems in the future;
- the platform will eliminate such problems of the centralized system as long-term borrowings, and will also allow them to be settled, at the expense of a transparent blockchain system;
- any funding provider will be able to earn with DCC easily and conveniently, as well as manage their business safely and securely.
- The whole essence of the project is to build a new system that seeks to bring into the world of financial lending, clean and transparent relationship between the borrower and the supplier. Therefore, the DCC intends to decisively change the entire existing monopoly structure of the traditional market of financial institutions, so that in the future each participant in this sector can earn their rightful income within the framework of the environmental growth of the system.
- The use of Blockchain technology will allow DCC to change the usual course of operations in banking systems, which will lead to a permanent increase in communication not only between different regions of individual parts of the state, but also around the world. This approach will allow to transform the entire existing structure, setting new standards, increasing the overall level of business worldwide.
- As for government regulations, due to its transparent structure, the Blockchain provides open access to data, which as you already know is not subject to any change, at the expense of smart contracts. Thanks to this organization requesting the test data easily and quickly be able to understand and help with different resolution of data, and to prevent any risks.
Conclusion
In fact, the entire Distributed Credit Chain system has huge potential. This model can be applied in any part of the financial industry. A team of specialists worked on the project, who clearly see their goals and know in which direction they should develop. Therefore, I recommend you to study the concept of this project in more detail, as well as to take an active part in it. Since we are closely connected every day in various financial organizations and do not understand how sometimes they use us, while achieving their own goals. I think this needs to be changed, stop being their puppets, it's time to put an end to it. In addition, now there is a great alternative to traditional systems - the distributed Credit Chain platform.
All additional information about the Distributed Credit Chain (DC) project can be obtained from official sources:
WEBSITE: http://dcc.finance
TELEGRAM: https://t.me/DccOfficial
WHITEPAPER: http://dcc.finance/file/DCCwhitepaper.pdf
FACEBOOK: https://www.facebook.com/DccOfficial2018/
MEDIUM: https://medium.com/@dcc.finance2018
TWITTER: https://twitter.com/DccOfficial2018/
ANN THREAD: https://bitcointalk.org/index.php?topic=3209215.0
Bitcointalk usename: Clefable
ETH wallet: 0x70a38683625e2c4B08dd39c0820071947bcF30bb
WHITEPAPER: http://dcc.finance/file/DCCwhitepaper.pdf
FACEBOOK: https://www.facebook.com/DccOfficial2018/
MEDIUM: https://medium.com/@dcc.finance2018
TWITTER: https://twitter.com/DccOfficial2018/
ANN THREAD: https://bitcointalk.org/index.php?topic=3209215.0
Bitcointalk usename: Clefable
ETH wallet: 0x70a38683625e2c4B08dd39c0820071947bcF30bb