INTRODUCTION

The financial system is been centralized and controlled by either by the government or a body who proffers what happens in the system. It has been faced with a lot of challenges ; lets take lending or loan as an example

Lending or Loan is an everyday day act that is unavoidable. People loan for a variety of reasons which includes; acquiring new properties, paying of fees, buildings and other personal and individual needs. In most cases this loans are done in a way that you have no control over the interest you are going to pay back and the companies charges you to pay superfluous which you end up paying for months, years and even a life time as the case might be.

The banking sector isn't left out as they charge customers interest based on their risk assessment which in most cases over exceed what they were supposed to charge and customers are forced to pay it.

Lending or loan is done in such a way that a common man, small scale businesses are not been favoured.

A giant "DCC" has taken up the challenge to bring about a favourable lending and financial system to the world at large by introducing a decentralized financial system.

WHAT IS DCC



Decentralized Credit Chain(DCC) is the first world distributed banking public blockchain aimed to establish a decentralized financial ecosystem for service providers all over the world and this can be achieved by the use of blockchain which gives users or customers right over its data. With the use of blockchain, it gives customers right over their data, introduces fairness and trust among businesses

WHY DECENTRALIZED

The introduction of a decentralized financial system with the use of blockchain will bring about a lot of changes;

1- It will bring about fair financial services and earnings can be shared accordingly to those involved

2- With the use of decentralized thinking, banking models can be changed to decentralized and a new peer to peer communication cooperation model will be built

3- It will transform traditional banking debt, assets and businesses by creating a distributed wealth management, credit reporting and intermediary business will be replaced with distributed assets transaction.

4- It changes information asymmetry among intermediaries to ecosystem participation through digital consensus algorithm.

TOKEN AND ICO DETAILS

• Token: DCC

• Standard: ERC: 20

• Type: Utility token

• The token cost in ETH: one Token = 0.000073 ETH

• Accepted currencies: BNB and ETH

• Hard cap: 36,500 ETH

• Soft cap: 14,500 ETH

• ICO start: 28th May 2018

• ICO send: 28th June 2018

• Full token supply: 500000000

• Additional token Emission: No

• Bonus program: Yes

Want to more, click the links;

• 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

Author username: oly4life

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