Distributed Credit Chain build a decentralized ecosystem for financial service providers around the world

Hello friends dear readers and friends crypto, back again with Stevano. In this opportunity I will introduce the project Distributed Credit Chain (DCC)

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In the existing financial industry, there has been a global upheaval. Currently, crypto currency has captured so much of the world that I do not think anybody is not interested in them. ICO is also a new form of financial system in which money is collected. This is a new system in the movement of money, such as finances, before the act itself is in a blockade. Everyone at least once interested in the block. These are early participants in the chain of blocks, who are interested in the technology itself. These are the people who have turned their profession into blockchain after it has passed, and become popular.

For example, people working in the finance industry started a new type of banking operation in the blockbuster industry. They are part of the block with their network resources and management resources. The service they want to create, in reality exists. The service you create by using blocks for financing, if not for extraordinary people. However, the fact that this service continues to be made is due to the presence of many investment companies. However, the service they want to make, is there and there is a lot of money to realize the project idea.


Vision and mission
Distributed Credit Chain (DCC) is the world's first distributed public banking blockchain with the goal of building a decentralized ecosystem for financial service providers around the world. By empowering credit with blockchain technology and restoring ownership of data to individuals, the DCC's mission is to transform various financial scenarios and realize real, inclusive finance.

Problem
The traditional financial industry is highly centralized. Financial transactions depend heavily on the support and support of large financial institutions, with large transaction costs paid to these institutions. Monopolistic financial institutions have actually raised borrowing rates for borrowers and reduced interest income for lenders.

How DCC works
The concept of distributed banking services is to break the monopoly of traditional financial institutions into financial revenue and equitable income from financial services to all providers and users so that any contributors to ecosystem growth can be pushed into inclusive financing.

Due to decentralized thinking, Distributed Banking will be able to change the model of cooperation in traditional financial services and create new interaction models with colleagues and all telecommunication companies in all regions and sectors.

As far as business is concerned, Distributed Banking completely alters the debt structure, assets and intermediary services of the traditional banking business by:

> by substituting business responsibility with distributed capital management;

> replace asset business with distributed credit reporting;

> registration of indebtedness and reimbursement of an intermediary business with transactions with distributed assets.

A management structure like a tree from a traditional bank will develop into a Distributed Banking flat structure, which will establish distributed standards for various companies and improve overall business efficiency.

The Fund will launch a Large Chain-Distribution Chain (DCC) to set business standards, reach consensus on books, deploy business contracts, carry out liquidation and settlement services, etc., for various distributed financial transactions.

Advantages
The core of this project is to build a new system that seeks to bring into the world of financial lending, a clean and transparent relationship between borrowers and suppliers. Therefore, DCC intends to explicitly alter all existing monopoly structures from the traditional markets of financial institutions, so that in the future any participant in this sector can earn an appropriate income within the framework of environmental growth of the system.

The use of Blockchain technology will enable DCC to change the normal mode of operation within the banking system, which will lead to improved permanent communications not only between different regions of each country but also around the world. This approach will make it possible to change all existing structures, set new standards, improve overall business levels worldwide.

Regarding government regulations, due to its transparent structure, Blockchain provides open access to data, which as you know is not subject to any changes, at the expense of smart contracts. Thanks to this organization for requesting test data easily and quickly able to understand and assist with data resolutions, and to prevent any risk.

Distribution Plan
The Cyber ​​Sheng Foundation plans to publish a total of 10,000,000,000 DCC of encrypted digital currency tokens. In the private sector, well-known and qualified investors in credit and banking will be invited for investment, with a fund-raising percentage of no more than 18%, and a single investor investment amount not less than 100ETH. At this stage, the DCC will be locked, with 25% of the total opening before the opening of the exchange, and the other 25% open every two months, with the full amount open within 6 months.

In the ICO round, 200,000,000 DCCs will be issued to non-Chinese and American investors. All of this will be directly circulated. DCC token will be exchanged with ETH. Contribution in token sales shall be held by the Distributor (or its affiliates) upon sale of the token, and the contributors shall have no economic or legal right or interest in support of this contribution or assets of such entities after the sale of tokens. As far as the secondary market or exchange for DCC trade is growing, it will be run and operated completely regardless of Foundation, Distributors, DCC and Distributed Chain Sales. Neither Foundation nor Distributor will make such a secondary market Either Entity acts as unlocked within 6 months.

Token DCC
DCC Token is a link between all participants, token sales during ICO Distributed Credit Chain will allow developers to receive funds to:

Blockchain, defining credit conditions, appraisal processes, loan payment algorithms, and supporting smart contracts and DApps;

A branch chain that divides consumer and investment loans;

Credit card services;

APIs and software for external data exchange with various government agencies and Credit History Bureaus

The investment attraction of the DCC token

According to the founder's plan, loan issuance will be denominated in tokens and this provides a number of unique advantages and opportunities for investors:

Getting a loan is secured by cryptocurrency (no need to sell digital assets and lose the opportunity for investment income)

DCC token will be provided with real credit obligations, and therefore with a stable demand

On this platform, it is possible to apply arbitrage strategies for short and medium term interest rates, creating a swap on the difference between risky and stable loans, own bonds and stablecoin

Distributed Loan Chain entering the market with minimum finished products (MVP), project liquidity and investment support provided by the 18 largest venture funds in Asia.


ICO DCC Information

• Token: DCC

• Standard: ERC: 20

• Type: Utility Token

• Token fee in ETH: one Token = 0,000073 ETH

• Currency received: BNB and ETH

• Hard cap: 36,500 ETH

• Soft cap: 14,500 ETH

• Start ICO: May 28, 2018

• ICO send: June 28, 2018

• Full token supply: 500000000

• Additional token Emissions: No

• Bonus program: Yes

TEAM


Counselor


ROADMAP

2017

09/2017: Establish an integrated identity system based on the Ethereum test network

10/2017: DCC testnet launched

12/2017: Declaration of online DCC declaration credit is disseminated on the DCC test network

2018 Q1-Q2

03/2018: Launch of the first personal loan Dapp product at DCC, DCC Explorer was launched

04/2018: Launch of the open chain Credit platform, the launch of the second DApp

05/2018: Interfaces with more than five financial institutions with services ranging from loans, data and risk control

2018 Q3-Q4

Q3-Q4: Open your own creations API from Distributed Credit Chain

Q3-Q4: MPC Form Integrated MPC

Q4 Q4: Enter the Indonesian loan market

2019

Q1-Q2: Enter Vietnam & other SEA country loan markets

Q3-Q4: Continue to develop and expand the SEA loan market

2020

2020: DCC public chain migration

2020: Start development of Asset and Completion Management System

Summary
To sum up, they launched a block chain related to finance and made investors feel attractive by slightly shifting their focus. So I think that many people have been interested in this and have already raised a lot of money. And, as always, I think that there is a need for investors to pay attention because ICO funding is more easily generated because there is a funding background.

For more information, please visit the link below:

Website - http://dcc.finance
Authour: Stevano
ETH Address: 0x600551EA1C7fE83F9f63254B3b054DcAe9cC2251

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