Distributed Credit Chain (DCC): Decentralizing the Financial Industry

Finance is one aspect that we cannot neglect in our lives. Simply put, without finance or access to funds, there will be no humanity. In the world today, finance plays crucial roles and many individuals, enterprises & governments use funds to solve problems.

The industry of finance in the world today is heavily centralized and its powers are rested in the bosom of a few who manipulate it to their benefit. There are numerous reports filtering in that millions of people around the world today are unbanked.

You might then wonder why this is so but don’t worry yourself with thoughts. Simply ask yourself why there won’t be high number of unbanked populace when the current financial system is meant for the benefit of few.

The present system of finance is centralized and only a few persons have a say in what goes on there. Governments & individuals are found culpable in controlling the financial sector & dictating what goes on there and who gets what.

The effect is that the common man on the street cannot easily access credit from banks and even when lucky to access loans, stringent measures such as high interest rates often dissuade the completion of the loan process.

Applying for loans is one financial activity that cannot be stopped in the meantime because there are tendencies for people to seek for loans to either offset bills or make profitable investments. At the end, you’re charged with high interest which sometimes, you find hard to meet up.

There a new enterprise that offers viable and concise approach to the financial system. It won’t be an understatement to posit that the financial system of today might soon be replaced by Distributed Credit Chain (DCC)

Distributed Credit Chain: The New Financial Platform

As rightly suggested by its name, DCC is here to revolutionise the way we access finance. If you’re looking for a loan and you find it hard to get one from your bank, simply port to DCC and get your loan immediately.

DCC is a blockchain-based platform that allows you bank and access finance the way you want. The Decentralized Credit Chain (DCC) offers amazing financial prospects.

Its aim is to establish a decentralized ecosystem utilizing blockchain technology. With DCC, users have full right over their data and are in position to dictate what goes on with regards to their financial activities.

The Decentralized Approach

DCC opted for a decentralized approach to its services because after concise analysis of what goes on in the the present financial system, it’ll be foolhardy to still follow the same pattern.

The decentralized approach (powered by the blockchain technology) will help DCC stand out from the crowd and also disrupt the vesting of financial powers and policies in the hands of few persons. The end-user can now have a say and be in control of his data, thanks to the DCC ecosystem.

Why should I use DCC?

If you doubt the prospect of using the DCC platform, you should cast your mind back to the Corporation Model used by many financial platforms. DCC features a new model called the Digital Banking Model and this will replace what was used before – Corporation Model.

I believe you might have found yourself in a situation where you wanted to perform a transaction at your bank but unfortunately, your bank is not quite close to you. The Digital Model in addition to Peer-to-Peer (P2P) model provided by DCC always ensure you participate in DCC’s services. Your location can’t be a hindrance because you can participate from anywhere around the world.

Take a look below and examine how DCC is going to solve existing financial problems:

Prospects

On DCC’s ecosystem, everybody is equal. The inequality that exists in the current financial system will be removed. Upcoming banks & financial platforms can now have healthy competition with top financial platforms and with this amazing feature; everybody can run his or her business on the platform without fear or favor. It is now crystal clear that there'll be a revolution in the financial system when DCC eventually takes over the scene.

Changing the Blockchain

You might think DCC’s scope is limited to the financial industry; it actually extends to the blockchain technology itself.

DCC is here to commercialize the blockchain and make it an effective avenue for accruing revenue. DCC aims at achieving this by offering financial values that benefits its users. Its currency will also have a stronghold on the finance market because of rapid transactions that it will accrue.

When this happens, DCC’s customer-base will increase and this will mark the onset of blockchain commercialization. DCC will also become a highly-prized asset & expected to overshadow present digital currencies in the long run.

Where is DCC applicable?

DCC can be applied in these areas:
• ABS Asset distribution
• Consumption loans
• Blockchain credit card
• Mortgage claim registration
• Loan registration service
• Consumption installment
• Token loan service

Token Statistics

Ticker: DCC
Token Type: ERC20
Platform: Ethereum (ETH)
Total Supply: 10,000,000,000

PARTNERS

TEAM

ADVISORS

To find out more, kindly visit the links below:

Website: HTTP://dcc.finance
Whitepaper: http://dcc.finance/file/DCCwhitepaper.pdf
Blog: https://medium.com/@dcc.finance2018
Twitter: https://twitter.com/DccOfficial2018/
Telegram: https://t.me/DccOfficial

Writer: Collinberg
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1532780