- I. Introducing;
- II. Vision and Mission;
- III. How does it work?;
- IV. How will DCC change the blockchain industry?;
- V. The present Credit System;
- VI. Token details;
- VII. Roadmap;
- VIII. Team;
- IX. Conclusion.
I. Introducing
The foundation is the most important thing you need to create a solid building. The economy of a nation works efficiently on solid fundamentals. The truth about the banking institutions has become clear in the recent decades, where they have not been able to provide basic banking facilities to everyone in the world.
Developing countries are at the most vulnerable stage where millions of people are still unbanked and are losing the basic banking facilities. The total population in the countries such as Philippines, Africa, Indonesia and Peru, who are still not able to use the banking and financial services is staggering.
But, this rate has to be decreased to create an equal society, where everyone has equal opportunities. The financial ecosystem has to be changed for the new system and opportunity.
Introducing DCC which is abbreviated from Distributed Credit Chain is the world’s first distributed banking public blockchain with a goal to establish a decentralized ecosystem for financial service providers around the world. By empowering credit with blockchain technology and returning ownership of data to individuals.
II. Vision and Mission
Distributed Credit Chain (DCC) is the world’s first distributed banking public blockchain with a goal to establish a decentralized ecosystem for financial service providers around the world.
By empowering credit with blockchain technology and returning ownership of data to individuals, DCC’s mission is to transform different financial scenarios and realize true inclusive finance.
III. How does it work?
Through the decentralized system, virtual money will be proficient to change the organization display in the typical monetary administrations, building up another P2P and the whole correspondence model of the organization over all parts, locales, records, and subjects. In accordance with business, virtual managing an account will completely change regular keeping money's benefit, obligation, and go-between business framework.
It'll change risk business with assigned administration, and substitute allotted credit and claims enlistment and designated resource exchange. The supervision arrangement of the typical bank will subsequently advance into the fiat monetary system of a decentralized bank, building up a complete new understanding of banking.
IV. How will DCC change the blockchain industry?
The value of the DCC comes from the financial activities and transactions of all its members. The DCC digital currency will have a more concrete foundation due to increasing numbers of financial transactions which are completed via DCC. With the flow of large sums of financial capital, at present socio-economic operations go hand in hand. This brings DCC a broad range of potential commercial applications and invaluable potential.
This is the beginning of the commercialization of blockchain technology. DCC can become a high-quality digital asset which is worth holding on to in the long term with their huge market demand and by eliminating the key weakness of traditional digital currencies.
V. The present Credit System
The credit sector can be traced reverse since the dawn of staff. A 3k year old loan agreement was found in Mesopotamia that shows credit is as older as humanity. Without the help of credit, the development of human being civilization would not have been doable.
It's what developed it doable for Spain to discover the new planet and the colonization of the United States.During the eighteenth century, most credits were agreement loans that relied on the guarantee. It was not in anticipation of the 19th century that a novel era of credits came to be. This is what led to the expansion of centralized credit institutions.
With the progress of the internet, most of the loan ecosystem is managed by large data analysis. However, the present credit ecosystem has key flaws. The main reason for this problem is that it's controlled by fragmented sides every with their own centralized ecosystems.
VI. TOKEN DETAILS
Token: DCC
Standard: ERC-20
1 Token = 0,000073 ETH
Currency received: BNB and ETH
Hard cap: 36,500 ETH
Soft cap: 14,500 ETH
ICO start: May 28, 2018
ICO send: June 28, 2018
Full tokens supply: 500.000.000
VII. ROADMAP
VIII. TEAM
IX. Conclusion
People trust the governments and banks for their financial wellbeing. They play their Part in the ecosystem which is limited but powerful. Having a bank account is considered to be most important and basic activity in the financial life of a human being.
Cryptocurrency is going to be the common form of currency in the coming years. People are investing heavily in the market as it the future of the traditional financial system. Giving people opportunities to use the same banking and financial services as everyone else, they are bringing cryptocurrency into the mainstream economy.
Find out more, Visit
Website: http://dcc.finance/
Whitepaper: http://dcc.finance/file/DCCwhitepaper.pdf
Twitter: https://twitter.com/DccOfficial2018/
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1661835