Good evening, dear friends. Distributed credit reporting, debt registration, capital management and asset transactions. This will allow businessmen in various countries and regions around the world to provide financial services in a more convenient way. A new type of virtual Agency based on blockchain technology is"Distributed Credit chain" (DCC).
A distributed Bank is not a traditional Bank, it is an integrated ecosystem of distributed financial services. The idea of distributed banking is to break the monopoly of traditional financial institutions through fair financial and returnable returns on financial services to all providers and users so that each participant who has contributed to the ecosystem can be stimulated, thereby truly achieving financing.
With decentralized thinking, Distributed Banking will be able to change the models of cooperation in traditional financial services and the creation of a new peer-to-peer network and all communications. Distributed Banking will completely transform traditional Bank debt, assets and intermediary business structure by replacing distributed capital management business liability replacing DCC business assets.
Management structure traditional Bank will develop in the structure of the DCC, which will set the standards allocated to different businesses and enhance their overall effectiveness. Credit business definition: credit activity in which the holder of a certain currency position temporarily lends an agreed amount of money at an agreed interest rate.
Rate for the borrower who pays principal and interest in accordance with the terms and period of the agreement. As one of the most important activities in the financial market, its orderly introduction of a huge positive impact on the development of society.
The fundamental function of the credit market is to adjust time or long - term-lack of funds: in an economy, players with surpluses have extra funds and are unwilling to increase their current spending, while those with a deficit are in search of spending, not because of their liquidity deficit. In the credit market, assets and capital can be properly allocated, which allows the smooth functioning of the economic system.
TEAM
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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