Welcome my dear subscribers. Today I will tell you about a very interesting project.A little history of my life. About 10 years ago, I was planning a very important purchase for me, in the form of the first in my life own apartment. And of course, I was faced with the fact that I lacked the necessary amount. First of all I thought to borrow from friends or relatives, but as it turned out, no one could help me with this. So I went to a commercial Bank to get the amount I needed on credit. Of course I understood that I would have to pay interest on the loan, but the thirst for a new car was stronger. On the one hand, working with the Bank is quite convenient, you do not need to constantly save, sometimes it is possible to get the required amount within an hour.
Sitting at the computer and picking up a mobile phone, I began to find out which Bank the most favorable conditions for lending. First of all, I was certainly interested in the interest rate and the maximum term. Banks act as monopolists and easily set their own rules, which many borrowers do.
Each Bank required its own set of documents to send an application for verification. Each Bank has its own database, which is checked by potential borrowers. Since I wasn't on the list of risky borrowers, I easily submitted the application and got approved for the loan.
But I thought about it and decided to think. Everything goes to the fact that most financial institutions refuse to provide loans and approve only good, regular customers. The Bank can understand that in our country a very large percentage of non-return on the loan. As well as a lot of fraudulent schemes. This has a very strong impact on the banking sector and the economy as a whole.
All this led to the fact that micro-loans appeared in the market of these services, which created an insane interest in micro-lending. If a person has no other choice, he will have to agree to huge interest, and in the case of delays in paying monthly payments - constant calls from collectors, fines, and sometimes health problems...
But, to my surprise, I found a way out of such situations. Meet the distributed Credit Chain (DCC) project.
The team creates a decentralized lending market. Many other financial services based on blockchain technology will also be presented on the platform. This idea will solve the problems of traditional banking institutions and give many people access to affordable financial services. Not only ordinary people, but the whole sector of small and medium-sized businesses will be in the black.
The platform will allow to switch to digital banking, to increase the flow of Finance through crypto-currency transactions, since there are no territorial barriers to their transfers, anyone can make a transfer of funds regardless of social status, age and other socio-political foundations.
The recent Consensus has shown us that many countries are ready to implement blockchain technology in many areas of activity, so the issue of increasing trust and increasing the use of digital money is only a matter of time. All transactions, current profiles of people and businesses are registered in the public register, it is absolutely safe, without the possibility of change. All this will allow you to study information about the potential borrower and quickly make a decision when issuing loans or other services.
This project has many areas for development (you can see in the figure below), and they will improve the banking infrastructure, this is a new round of development in the world of digital services. Intermediaries in the form of Bank and electronic payment systems will be eliminated. It is also possible to completely eliminate paper document flow, thereby helping nature.
The team consists of young, ambitious and most importantly experienced professionals, behind which, a dozen successful projects. Many companies have already paid attention to this project, financially supporting the idea (within an hour the project has collected about $ 25 million). I believe that all this indicates the potential success of the project.
More info in:
Twitter https://twitter.com/DccOfficial2018/
Facebook https://www.facebook.com/DccOfficial2018/
Website http://dcc.finance/
Whitepaper http://dcc.finance/file/DCCwhitepaper.pdf
telegram https://t.me/DccOfficial
Author: https://bitcointalk.org/index.php?action=profile;u=1725951
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