You are viewing a single comment's thread from:
RE: Distributed Credit Chain (DCC) – World’s First Distributed Credit Agency on The Blockchain
This actually did clear my thoughts on the Distributed credit chain network and I'm particularly glad on how this is geared at tackling the problems of monopolistic influence on lending rates brought about by the centralized credit agencies. I think this is a notable development for the financial credits system and do look forward to the launch of the working platform
Yes you're right. DCC totally removes the monopolistic tendencies of traditional banks in setting lending rate and give power back to the people because they have perfect knowledge of the market and can get loans anywhere in the world at a reduced lending rate. Thanks for stopping by