Everyone's income in each country is different. The needs of everyone also vary. Even there is a need exceeds the income that he got. To the extent that the person must borrow money to meet his needs. Whether it is the need for capital to open business or capital for the needs of daily life. The loan form offered can be through a close friend or through a bank. But some obstacles arise when we will make a loan, especially for the bank. Banks with traditional centralized financial systems that depend on large financial institutions. Leading to the emergence of financial monopoly by raising borrowing rates and reducing lender income.
Distributed Credit Chain
The solution provided by DCC (Distributed Credit Chain). First distributed banking system with blockchain technology in the world. Aims to build a decentralized ecosystem for financial service providers around the world. By empowering credit with blockchain technology and restoring ownership of data to individuals. DCC mission is to transform various financial scenarios and realize real inclusive finance.
How DCC projects solve existing problems
• Borrower - A person with a specific loan request. Creates a blockchain account to allow data service providers and start loan requests
• Data service providers - checking, deleting and standardizing incoming individual data
• algorithms and computerized service providers - assessing the characteristics of self-data to tailored to the size of individual characteristics
• Loan proceeds report - approved loan kept in blockchain to prevent problems such as long-term loans and repetitive borrowing
• Providers of funds - not involved in the lending process (as the lender)
• Risk appraisal agencies - operating the credit business from paying specific risks. Managing loans and managing loan proceeds
Conclusion
The main aim of the DCC project is to reduce the monopoly used by the average bank with a decentralized system of blockchain technology. And of course, this new system will benefit those who use it. Will create a comprehensive market with a P2P model that will enable all people from different countries to take part to become a lender. With a fast, secure transaction process and a smaller cost than traditional transactions. DCC project is a very promising future project.
About token
Ticker: DCC
Token type: ERC20
ICO Token Price: 1 DCC = 0.0388 USD (0.00007299 ETH)
Fundraising Goal: 49,000,000 USD
Sold on pre-sale: 26,400,000 USD (BONUS ~80-100% IN USD)
Total Tokens: 10,000,000,000
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