Hello dear friends, today I want to tell you about a new brilliant platform that has already held an ICO and collected 49 000 000 dollars. 

Distributed Credit Chain is a banking revolution that will allow people or organizations to provide loans around the world. The platform differs from traditional centralized banking systems and has a number of advantages, which I will tell you today.

You have never wondered why the interest rate in some countries varies greatly from one to another. In fact, it's very simple. Banks are very much dependent on larger banks or corporations that provide them with the same credit as you, but for a lower interest rate, respectively. And of course, large banks or corporations can easily dictate their rules so to speak monopolize the market, as they are at the top of the working pyramid. And because of the huge speculation and occur expensive interest rates. There is another reason for the high-interest rates, these are unscrupulous partners who do not pay their loans in a timely manner. And in the end, they must be paid for by honest customers in the form of high interest. That is, centralized banks are so inefficient that they are simply unable to cope with their risks. 

Platform Distributed Credit Chain is able to correct all the mistakes and create a brand new decentralized platform.  

I have given some examples of why you should consider the platform as a future potential Bank. 

• Blockchain

 I am very glad that this wonderful technology has reached the banking systems. What would today get a loan you need a very long and tedious to prepare documents, send the security system, all this long and tedious processes, which are very difficult to approach in cold blood. Thanks to the blockchain, you will only need to pass the verification once, then the system will remember you for centuries. Also, thanks to the blockchain your information will be securely stored and no one under any circumstances will not be able to forge or delete. Credit history is a very strong factor for the banking system, which can presumably weigh out a potential fraudster. And here centralized banks allow such a mistake as not to give honest customers a loan, and unfair partner it is easy to approve. This suggests that the user's data is lost or the security system is negligent. But thanks to blockchain technologies, this will no longer happen, and the Distributed Credit Chain platform will retain this very important information. 

• Smart contracts

There will always be scammers in the system, and thanks to the system of smart contracts they will be much less. Now customers can be completely confident in their Bank, and banks in the integrity of their customers, which will greatly strengthen their relationship. 

• Transparency

Thanks to transparency, the state will be able to control the banks, which currently violate the Constitution and the law in many countries. And it is because of centralized systems that huge speculation and monopolization takes place, which is prohibited in many countries 

• Business Structure Improvement

Platform DistributedCredit Chain will change from a pyramidal centralized monopolized community, in a flat structure decentralized Bank. This will reduce credit rates and create more favorable conditions between the client and the Bank itself. 

 Project team :

 This project was not without their strong team, which has a huge experience. The team has achieved huge results by raising a huge amount of funds to launch its own platform and has already smoothly launched its own project. In the third quarter of 2018, we launched our own API for the distribution of the credit network and the introduction of the credit market in Indonesia. 

The team is made up of real experienced professionals who not only launched the platform but also gave the business a chance to develop without fear for the safety of information. The main factor of the platform's successful output was the introduction of blockchain technologies, which allowed to find a lot of good inverters and show the result. 

Conclusion :

This beautiful platform Distributed Credit Chain is able to create an ideal banking environment for the whole world, because the smaller you are going to spend their money on the loan, the more you will invest their funds in the business, thereby the transformation of small business in factories or plants will be much faster, which will lead to the rise of the shared economy of any state.

                       | Official website | White paper | Telegram |                                            

                                             | Bitcointalk author |   

This publication is for informational purposes only. The article should not be considered as an investment recommendation or advice. Readers of this review article should make decisions based on their own judgments, taking into account the financial circumstances, the purpose of investment and the risk limit before investing.