Distributed Credit Chain
Distributed Credit Chain (DCC) is the world’s first banking ecosystem built on a public blockchain. DCC’s mission is to develop global financial inclusivity by empowering individuals to own and use their credit with blockchain technology. Further, DCC aims to establish a decentralized banking ecosystem for financial service providers around the world The issue of competitive currency by private sector organizations loses currency because market competition is an ideal institutional system The advent of blockchain technology made Hayek's dream come true. Much progress needs to be done; competitive currencies alone are not enough to destabilize existing traditional financial systems, or to build systems that are truly desirable. DCC, the world's first public chain for distributed banking dcc.finance distributed Banking is a new type of cooperative relationship in which financial services organizations collaborate with each other on adecentralized blockchain basis
Total Supply: 10,000,000,000
Circulating Supply: 930,567,732
Price: 1 ETH 13700
DCC's goal is to serve as a public chain for distributed banking, establishing a decentralized financial trading platform. Within the DCC framework, each individual has full control over their credit information
The DCC user account system is based on a decentralized DCC ID that ensures that credit transactions and data can not be tampered with. Personal credit data reports are stored in the cloud, while all data transmissions are encrypted for the highest level of security.
The DCC platform is an open architecture as well, meaning each party can make smart contracts based on open standard protocols or develop
the DCC platform not only achieves lower interest rates and easier loans but also greatly reduces defaults and risks. As more people get the support they want through DCC and change their lives
DCC digital money will have a more concrete foundation. The current socio-economic activities go hand in hand with the massive flow of financial capital, which brings with it potential commercial applications and invaluable potential. This is the beginning of the commercialization of blockchain technology
DCC as one of the most important and promising among many emerging blockchain projects when reviewing the current blockchain market. DCC, an innovative, distributed banking public chain, no doubt gained recognition of the intrinsic value and bright future of global developers, investors and analysts.
DCC as "one of the most important and promising among many emerging blockchain projects" when reviewing the current blockchain market. DCC, an innovative, distributed banking public chain, no doubt gained recognition of the intrinsic value and bright future of global developers, investors and analysts.
DCC, A Great Undertaking in Breaking Credit Monopoly
"Credit is the key to the currency, but its circulation has long been monopolized. Blockchain technology is capable of breaking credit monopolies and decentralizing credit, thereby allowing unblocking of controlled liquidity liquidity and social productivity "
Stewie Zhu, Project Leader DCC
DCC is a decentralized credit platform (also known as distributed banking) precisely in response to the concept. As the world's first distributed banking chain, DCC is a new service cooperation relationship among financial institutions in decentralized blockchain.
The market is currently dominated by several financial institutions. They have a monopoly on almost all credit data and control of market liquidity, unequal profits of small and medium-sized financial firms and individual users. Distributed banking breaks such monopolies and handing control back to the user. Financial markets are then more just and efficient, on the right track of healthy and stable growth.
DCC specifies a user account system based on decentralized DCCID to ensure that credit transactions and data can not be tampered with or denied. Individual credit data is stored in the cloud and the entire transmission process is securely encrypted, protecting information from interception. With a smart contractual interaction framework, blockchain transforms personal data systems from centralized to decentralized.
At the same time, DCC adopts an open-up strategy, meaning that every involved party can make smart contracts, develop Dapps and expand the ecological environment of DCC based on open standard protocols.
DCC Demonstrates Value Through Integration into Real-life Economic Activity
Today, the traditional financial industry is heavily influenced by blockchain technology, given that blockchain technology has fully demonstrated its unlimited potential and prospects"says Charles Romine, head of the Information Technology Laboratory at NIST (National Institute of Standards and Technology), at the House of Representatives Heard about blockchain technology.
No doubt the blockchain has had a positive impact on real-world economic activity. The entire financial industry is preparing for a blockchain-dominated future. As the first distributed banking public chain, the DCC not only attracts an outstanding blueprint for decentralized financial markets but also paves the way for financial escalation with advanced technology and operating patterns.
DCC is an open, fair, secure and decentralized platform for data transfer credit and financial trading. All financial institutions, corporations, government departments, nonprofit organizations, and individual users have equal access to DCC to exchange services with each other.
For example, an ordinary worker in Africa needs to renovate his house and he really has a good credit history. However, because of the gap between the development of credit in various countries, he found the local interest rates for loans are too high. Through a decentralized DCC credit information sharing system, a North American bank can assess risks and usage scenarios and then offer them at lower interest rates.
Under the DCC contract set, financial institutions can lend to users and store credit information on blockchain. Through zero-knowledge evidence and homomorphic encryption, financial institutions can determine whether a specific consumption overdraft is permitted without disclosing their respective transaction data, and consumption records will be stored in the chain as the user's credit information to be ecologically used later. The DCC-based blockchain credit card can also easily combine information on the amount of credit from various institutions to allow for a combined amount of consumption.
Distributed credit management strategies reduce the costs and risks of the service providers, as well as commission fees for users, ensuring that the entire credit card system will operate healthier with a lower ratio of bad debt. Powered by blockchain technology, DCC is expected to grow to become the largest credit card group globally when it does not issue its own credit card
DCC is a team of experienced and well known experts: Mr. Zhu, a behavioral economist and game theorist from Oxford and the LSE, has been in the blockchain industry for years; Lu, a Ph.D. in mathematics from Yale with rich executive experience in major investment banks and significant passion in blockchain technology; Shi Fei, VP of JP Morgan, an expert in quantification, derivative pricing and quantitative risk analysis, with deep insights into the development of blockchain; Yu Chen, an infamous investor angel with countless success cases, is also a decentralized advocate known as "Jiangnan Young Cynic" online; Yuhang Guo, founder of DIANRONG and chairman of Galaxy Capital (a blockchain investment firm)
link https://dcc.finance/
telegaram https://t.me/DccOfficial
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