Introduction

You need to think out of the box when you want to have an edge above all others, to have that competitive advantage , in simple words to be very very creative. The traditional financial markets are heavily dependent on centralized banking institutions, with key user credit data and transaction data controlled by a handful of mega-sized financial firms. By contrast, DCC’s goal is to serve as a public chain for distributed banking, establishing a decentralized financial trading platform
Distributed Credit Chain (DCC) is the world’s first distributed banking public blockchain with a goal to establish a decentralized ecosystem for financial service providers around the world. By empowering credit with blockchain technology and returning ownership of data to individuals, DCC’s mission is to transform different financial scenarios and realize true inclusive finance.

Problems

Considering the importance of credit in contemporary society and the widespread effect it has on our lives, we should have a system that is easily accessible and that benefits users. Profiteering by banks and credit agencies is only one problem that emerges as a result of centralized systems, which has also led to fragmentation due to intermediaries and information asymmetry. In some cases, intermediaries have even distorted the credit rating of borrowers for their own benefit, making it impossible for lenders to accurately identify risk, which can have a destabilizing effect on the market

These centralized systems, where information is stored in one place, have also led to security breaches on multiple occasions, also there is the high cost involved , and they can be inefficient, a lot of time and efforts are wasted in verifying the credit of borrowers who do not meet the agencies’ risk criteria, which leads to wasting resources and decreasing efficiency.

DCC is here to solve all this varying problems associated with centralized systems or rather traditional system of operations by ;

DCC Working Model

DCC with the aid of blockchain decentralisation will create a digital banking system that will use to change the rigid sytem of the current traditional financial services, it does this by creatingan new peer-to-peer connection in all the communications model in the current traditional financial service across all regions, sectors and account.

Solutions

Providing better security, Major data breaches have, in the past, induced chaos in credit and banking services A recent example is that of Equifax in 2017: personal information, such as Social Security numbers were divulged publicly, shaking the foundation of the agency. This type of breach can only happen when information is kept in a centralized location such as in a credit agency. In a decentralized credit system, information will be stored in multiple locations at once, ensuring higher levels of information security for users.

DCC will put an end to profiteering for good , the saying that the rich get richer and poor get poorer will be attended to, As greater numbers of people get the support they desire through DCC and transform their lives, the global economic polarization of the rich and poor can be curbed, and productivity from individuals from all social backgrounds enhanced. One of the greatest features of the distributed financial services system is that it enables financial services to reach an extensive number of people and spread benefits to all sections of the society.
Added to that, DCC platform in the case of interest not only achieves lower interest rates and easier borrowing but also will greatly reduce default and risk.

With DCC on the blockchain, in areas of Automation, it allow processes that will allow for increased efficiency and smarter lending decisions. For example, AI will be used for risk control, which will better direct borrowers towards possible lending institutions rather than having them disclose personal information to lenders for which they are ineligible.

Token Details

The Token Sale will fund the development and adoption of the DCC platform.

The total supply of ERC20 tokens will be 10,000,000,000.

Unique Team

DCC have ambitious goals  which will enable them to set new standards for the Financial market. To achieve this goal a strong Team is built with all the necessary skills, talents and long-time experience to successfully launch this project , and have successfully partnered with various companies, Data, Juzix, deepfin for the project.

Partners

Conclusion

Financial industry needs a blockchain revolution, aided by the support of real economic activities. DCC is the bridge connecting the two and it as so much potential for Investors willing to Invest on this project.
I like this project a lot and I urge you all to try it out, INVEST and you will be glad you did.

Website: http://dcc.finance/
Telegram Group1: https://t.me/DccOfficial
Telegram Group2: https://t.me/dcc_official2
Twitter: https://twitter.com/DccOfficial2018
Bitcointalk: https://bitcointalk.org/index.php?topic=3209215
Facebook: https://www.facebook.com/DccOfficial2018/
Reddit: https://www.reddit.com/user/DCC_Official/
Medium: https://medium.com/@dcc.finance2018

Author
belushiiwuzeree

BITCOINTALK PROFILE
https://bitcointalk.org/index.php?action=profile;u=2191289