we live in such a modern world. . There is so such development in the economy, medicine, science and technology. It's great that humanity never stands still, only grows and develops. However, the modern world is not as ideal as it might seem at first glance. It has a number of problems that are inherent in various areas and areas. It is about this area that we will talk with you today, or rather consider ways to solve them.good example is finance systems
I think many of you took a loan at least once in your life. Even if you did not take personally, you still know and understand what it is. You take the amount in the bank, and you return it with interest in the agreed time. If you suddenly do not do it for some reason, then you'll have trouble starting to put it mildly. Collectors will come to you and demand their money back. But as practice shows, no refunds on loans have increased in recent years, which in turn leads not only to the decline of the banking system, but the entire financial system as a whole. At first glance it may seem that this does not concern us, but alas, here the reverse side of the coin is shown. Due to the fact that the percentage of non-refund is increasing, the bank has to raise the interest rate on loans and expect to receive payment from "good creditors". This, in turn, leads to a hard selection of potential candidates for a loan.
Therefore, the employees at the bank tightened their analysis of the documents and certificates from the client's work place in order to assess in advance whether a person could pay a loan or not. Because of this situation, the demand for loans, strangely enough, did not fall. Conversely, people as needed loans so still need them. And to somehow meet the demand, there were private companies that began to provide micro-loans to the population. They give out such loans to almost everyone, but with even higher interest rates. And again it turned out to be a vicious circle, which is torn apart by the promising project Distributed Credit Chain.
Distributed Credit Chain (DCC) is a unique decentralized platform, its main goal is to reduce and completely destroy the credit monopoly. Also, the team of this project wants to improve the traditional financial scenarios.
I think many of you have already realized that decentralization will be provided through the use of blockchain technology. Since it can provide not only protection, from theft, removal and alteration of information, but also will ensure its transparency and processing speed. The basis was blockchain Ethereum because only it has the appropriate smart contracts.
I want to touch on the moment of collecting documents every time for an application for a loan. It takes a lot of time, which we already do not have enough. With DCC, we can forget about this, now it will be enough to collect them 1 time, after which they will be stored inside the platform under high-performance protection.
The platform will be absolutely legal, because everyone knows that the use of blockchain technology and smart contracts implies security, openness and, most importantly, transparency, which many state organizations need so much. They will only need one request to get the data.
Advantages of Distributed Credit Chain (DCC)
In fact, the main goal of the project, for which it was created, is the complete transformation of the financial system. DCC, is designed to break down monopolistic groups, financial institutions, while restoring a fair relationship between service providers and their users. In the future, each person was involved in the growth of a new environmentally friendly banking system.
The structure of the blockage allows to exclude completely the third parties, as well as to review the structure of the debt and other assets. Transforming the entire financial structure from a tree to a flat one. While increasing the overall standards and business performance.
Road map:
I already fell in love with this team because everything on schedule. This it causes me a lot of confidence,
Team
The project team consists of young professionals who, despite their small age, have extensive work experience. In addition to experience, team members have good personal qualities, for example: responsibility, the ability to carefully plan and analyze, punctuality. This cohesive and professional team is now difficult to meet.
Also, the project is supported by eminent advisers and investors who have long been good at it and before investing in anything, they carefully study the market, needs, problems - this is another plus in favor of the project.
Advisers:
Investors:
Conclusion
Crypto experts say they are positive about the new platform. the creators did not provide a platform protection system. We hope that in the near future the project together with the security system will be completely refined. On the contrary, it makes you take a closer look at the project. After all, over its implementation, the most experienced and ambitious specialists worked, who have more than a dozen projects implemented.it has a good future.
For more info link:
Official website - 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
Prepared by:
Bitcointalk Username: chamika888
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1261329