We are now living in the era of technology filled with emerging technologies. The technologies are improvised to make the lifestyle easier and to make things right. One of the most exciting emerging technologies is the blockchain technology and it is associated with the cryptocurrency technology or digital or virtual currency. The disruptive and the innovative technology of blockchain in underlying with the distributed ledger and it is receiving attention from a number of industries. The concept works through recording the transaction in a secure, stable and chronological way and it has led possibly the application in several areas. DCC is not different from that. DCC is the name of a blockchain network providing organization and it is making the system true to the users.
Innovation of DCC
DCC is the short form of the name Distributed Credit Chain and it is empowering the credit enabling finance. It is taking its step ahead to digitalization for faster internet transmission speeds with the continuous accumulation by the distributed computing resources by the application of mathematics and cryptographic technology to this digital era. This includes the factors leading to foresee for the future by the underlying public chain. The regulation for blockchain pertains to the regulation recording being registered to enable regulations penetrating through the underlying assets. The analysis if big data will emphasize the regulatory bodies by the understanding responding the risk to the industry being a blockchain data analyst.
Establishing DCC
Though the establishment as a distributed banking system needs a five or ten-year working process, DCC still hopes that their period of construction will distribute the bank to become an important node as new finance and traditional business with an entry as the distributed business ecosystem by the enhancement of distributed banking. The development will launch through the foundation of blockchain where the Distributed Credit Chain or DCC establishes the business. It establishes by the standards reaching towards the consensus on the books deploying business contracts, implementing liquidation as well as making the service to a settlement for a variety of distributed business.
DCC Ecosystem
The ecosystem of DCC is based on the distributed bank by the node of new finance for traditional business emphasizing the entry to the distributed business ecosystem by making way through distributed banking. The system has begun by the conduct for the credit business on DCC by the reconstruction to the business ecosystem for the traditional credit. This will decentralize the thought process for distributed technology by going through the reformation of distributed banks in the credit fields.
Vision and Mission
The platform of Distributed Credit Chain or DCC is widely recognized as the world’s first distributed banking public blockchain. It has settled its goal by the establishment of the decentralized ecosystem for financial service providers throughout the world. It will eventually empower the credit for blockchain technology by the return to the ownership of data by the individuals. The mission of DCC lies in the transformation of different financial scenarios by the realization of the true inclusive finance.
Even if the concept of blockchain technology remains infancy, it is dealing with several issues as unwanted centralization for the slow transaction by the verification of times. This can have an easy solution for low throughput and will try to find the balance between the security and speed. DCC is not inferior to this and satisfying the users through this.
Website : http://dcc.finance/
Whitepaper : http://dcc.finance/file/DCCwhitepaper.pdf
Telegram : https://t.me/DccOfficial