Overview Distributed Credit Chain - decentralization of the credit market

Hello friends, subscribers of my blog and just a random reader!
Today I want to bring to your attention an interesting ICO overview of the Distributed Credit Chain project (hereinafter DCC). This is primarily a financial product based on credit and financial transactions, which in the future will facilitate the work of various financial institutions and various banking sectors, but everything in order ... So, let's go ...

What is DCC?

First and foremost, a platform that solves financial issues in the sphere of lending. Secondly, importantly, this is a site that is built on the basis of a blockchain, which means that this site solves many tasks in the area of anonymity, transaction speed and the cheapening of financial transactions, removing unnecessary intermediaries and various bureaucratic delays, but about this later.

The team of this project sets itself ambitious goals and wants to provide decent competition to global players of this market who provide financial servants to the population and various commercial structures.

What problem does DCC solve?

The financial sector of the economy is one of the most important in our life and depends on it on the timely payment of benefits and salaries, to lending to large commercial and non-commercial organizations, and the banking sector of the economy is responsible for all this.

But we know how many problems there are, and how complicated this mechanism is and DCC will help solve many problems in this area.

Since this site is built on blockchain technology, it means that this system will be anonymously automated, and to understand it in more detail, I will give a few examples.

Take for example the credit business. This sector of the economy has an impact on the country's GDP, the total capital turnover, domestic and even external economies. This is a very powerful tool, which is definitely very important and necessary for the country.

But it is important to understand that the credit business in the form that we know it is very complicated. A lot of bureaucratic delays in upholding the rights of consumers of services, large expenses for services and "third parties", the so-called intermediary, which in fact is not needed in this direction, but they are, since people have to solve operational costs, and this is the final account affects the cost of the final "product", i.e. services under the guise of credit.

There are also various information leaks, which also take place in this direction. When a client leaves his data, he cannot be 100% sure that his passport data will not reach third parties, and they will not be used for personal gain. This and many other gaps in the credit system of this sector of the economy will be solved by the Distributed Credit Chain.

The idea of DCC

Distributed Credit Chain - it is important to understand that this is a decentralized platform built on a blockchain, which aims to ensure that there is no total control over obsolete financial institutions over credit operations, a platform that must provide competent and secure financial control over banking services and operations, without excess operational fees, commissions, penalties and surcharges for services, as is currently done by the "modern" financial body called the "Bank". Thanks to DCC services, each customer will be confident in the transparency of the financial services that he uses, and he will be able to take more loans, for example, on more favourable terms than before.

How DCC works

The work of the platform is based on the principle 1 on1. Between the blockchain area and the consumer of the service, all intermediaries are excluded.

The client registers on the platform DCC, he is given a personal cabinet, where he enters all the necessary information. After that, it passes the stage of verification and verification. Then it is provided to the client in the form of a ready-made document - a "report", where some data will be available for editing, and personal ones will be carefully encrypted.

Then the customer chooses the service that he needs, for example, the issuance of a loan. A digital contract is concluded between the client and the lender, after which a loan is issued. Everything is simple, without unnecessary delay and bureaucratic manipulation.

What problems and problems does DCC solve?

We have already touched on some important points
earlier, now we will dwell in more detail on how the site will provide comfortable conditions for its customers.

According to the old banking spectrum of operations, many operations were carried out, which required large expenditures, both energy and financial. DCC solves the following problems:

• old credit transactions that are no longer relevant;
• lending on the basis of centralization, already in the past, now the customer will be able to access services from any part of the world;
• high protection of confidentiality;
• abolition of data control, which allowed the old banking structure;
• authentication - this stage will take place on the DCC site only once, without additional confirmations, as it was in the centralized system;
• savings on spending operations will be the key point of the site, since the system is decentralized and automated, which will avoid unnecessary costs for financial transactions inside the system.

ICO (DCC token distribution):

Labour costs: 30%
Marketing: 25%
Business: 10% (In the future, further cooperation in ecosystems will gradually support various distributed business scenarios.)
Counselling (technical support): 5%
Ecosystem-operations: 5%
Reserve fund: 25%

Roadmap:

● 2017. Creating a protocol based on Ethereum;
● 2018 start of sales of DCC coins, start of contractual relations with Indonesia;
● In 2019, the project's work arrangements with the countries of Southeast Asia;
● In 2020, the introduction of public blockade and the integration of the platform with the business.

Team

Partners and investors

Conclusion:

In fact, all the banking infrastructure is very harmoniously combined with the blockchain platform, they can greatly help each other. At the moment, the token has already entered the exchange and made a very strong growth, which proves a high level of trust in the platform and is positively evaluated in the crypto community.
I would advise buying a coin on the red market while the downtrend is on. Later you will be rewarded, as the coin's value will increase many times!

Official sources of information

Official site - http://dcc.finance
Whitepaper - http://dcc.finance/file/DCCwhitepaper.pdf
Facebook - https://www.facebook.com/DccOfficial2018/
Twitter - https://twitter.com/DccOfficial2018/
Telegram - https://t.me/DccOfficial
ANN Thread: https://bitcointalk.org/index.php?topic=3209215.0

Article Authorship:

The author's name: Deribolot Alexander Alexandrovich
Author of the article: https://vk.com/investor_alex
Vkontakte Group: https://vk.com/investor__alex
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1619625
Twitter: https://twitter.com/icomymoney
Telegram: https://t.me/derikpower (@derikpower)
E-Mail: [email protected]