Today I will tell you about a project called DCC Finance. The project primarily focuses on finance, so basic information will be related to it. We will unpack basic information, I will try to say as usual in simple language so it is clear not only for players on the battlefield of cryptocurrency but also for beginners.

ABOUT DISTRIBUTED CREDIT CHAIN (DCC)

Distributed Credit Chain (DCC) is a project that aims to develop the financial sector. At this time, the company is experiencing much more difficult and uncomfortable. Centralized financial structures always have a number of shortcomings, for example, the approval of public financial institutions is often necessary and they have to pay for operating costs.
The project will provide a convenient platform that will bring benefits to customers and companies. People interested in this project can be notified by their telegram channel, which already counts over 37,000 participants

The Purpose of a Distributed Credit Chain

Developers are trying to completely change the credit system, using Blockchain technology. The objectives of the project include the following:

1. Distributed Credit Chain seeks to create a decentralized platform, by creating new interaction systems among their own financial entities, built on Blockchain technology.
2. The platform seeks to destroy the existing comprehensive monopoly on the lending field, thereby developing competition and improving the quality of services provided. Thanks to this, interest rates can be reduced, and young companies can start their financial activities.
3. The platform seeks to create security and reliability in the work of the finance provider, enabling it to produce.
4. Solve the main problems arising from conventional loans, such as long-term loans, using Blockchain technology.

Advantages of Distributed Loan Chains:

With such progressive goals, it becomes clear that the project has significant advantages, including the following:

1. Destroying the company's monopoly on credit, and thus attracting start-ups for financial activities.
2. The use of Blockchain technology, allows you to avoid red paper ribbons and lets you completely switch to work on the Internet.
3. The use of Blockchain technology on the platform, will allow to expand the reach of creditor and customer communications around the world.
4. Because of the Blockchain technology's transparent structure, you get free access to data that has not changed in any way.
5. This platform sets new standards for large companies, thereby increasing efficiency in the financial sector.

How platform works:

The platform works in accordance with the following principles. First, clients register and start a private cabinet on the platform. In a private cabinet, the client enters basic information, after which it is sent for revision. It will come back in the form of a prepared report. Some data will be available for processing, and some data, such as credit history, will be fully encrypted. Then the client can choose the services needed for him. In the case of a loan, a digital loan agreement is established between the creditor and his client, which is a loan confirmation.

Internal platform token:

Ironically, this platform has its own internal token, called DCC. It is built on the long-standing ERC20 standard. Tokens are required for use in internal financial transactions, performed on the platform. These include purchase of reporting documentation for risk analysis, performed for internal tokens; payment of applications for loans, and others.
I want to note one interesting detail. A small number of transactions carried out in an internal token, entered into some sort of prize fund, made for one purpose - to encourage customers to pay interest rates on time.

TOKEN INFORMATION AND ICO

Token: DCC
Standard: ERC: 20
Type: Utility token
Token fee in ETH: one Token = 0,000073 ETH
Currency received: BNB and ETH
Hard cap: 36,500 ETH
Soft cap: 14,500 ETH
ICO start: May 28, 2018
ICO send: June 28, 2018
Full tokens supply: 500000000
Additional token emissions: None
Bonus program: Yes

Approximate token allocation

#Roadmap

Project team:

It is useful to draw your attention to a Distributed Chain Credit team consisting of specialists from multiple levels, gathering together with one goal - to create the highest quality platform. Next, I tell them for your attention for reference:

Conclusion

Currently amounting to a monopoly on credit, and the incapacity of young companies in this field, to enter the market, while weak competition in the same field, the emergence of projects such as Distributed Credit Chain as a breath of fresh air. The creators seek to reduce the monopoly of large companies in lending, to make way for young entrepreneurs. Continuing from all this, it becomes clear that the project, for our time, is very promising. To all who read this article, I recommend to follow this project, because this development, sincerely, is worth your attention. I will leave all further necessary references.

For more information on DCC Finance, please click here.
Website: http://dcc.finance
Telegram: https://t.me/DccOfficial
White paper: http://dcc.finance/file/DCCwhitepaper.pdf
WITH FACEBOOK: https://www.facebook.com/DccOfficial2018/
Twiter: https://twitter.com/DccOfficial2018/
ANN: https://bitcointalk.org/index.php?topic=3209215.0
Author:
https://bitcointalk.org/index.php?action=profile;u=1826382