Global inclusive finance will transform existing credit processes, attracting millions of users

New York, June 21, 2018 — Distributed Credit Chain (DCC), the world’s first distributed banking public blockchain, has recently received additional investment from BlueToken, a blue-chip backed cryptocurrency that supports ICO projects and buys other cryptocurrencies. The two companies have also established a strategic partnership and will jointly launch the Blue Token loan service and open credit consumption options where users can make in-game purchases on credit.

BlueToken is the world’s first cryptocurrency backed by a $1 billion portfolio of blue-chip stocks. Pegging its value to the U.S. dollar, BlueToken solves several common problems experienced by cryptocurrencies, such as unstable prices and poor security. In addition, BlueToken will be regularly audited by PwC, a leading global accounting firm, to ensure openness and transparency while lowering the risk of over-issuance.

BlueToken added further investment to DCC at public sale price, showing its optimistic vision about the development and prospect of becoming a member of the DCC network. The partnership will bring in more traffic and grow DCC’s user base.

BlueToken has a highly stable value and can eliminate market risks caused by price fluctuation in the process of borrowing, encouraging and enabling users to borrow at reasonable interest rates. By connecting with BlueToken, DCC’s ecosystem will become more interactive and inclusive, which aligns with DCC’s mission to achieve global inclusive finance.

Users with credit records on DCC-based DApps, such as BitExpress, can have instant access to the corresponding in-game credits, realizing the exchange of traffic and sharing of information. This will also enable the promotion of integration and development of the ecology on both sides. Powered by the blockchain, the virtual gaming world could now support the growth of both DCC and BlueToken, leading to a common oasis connecting the blockchain and gaming industries.

Stewie Zhu, founder and CEO of DCC, said, “We are excited to continue strengthening our relationship with BlueToken — the newest financial service within the DCC ecosystem. Not only will users’ personal consumption data and credit information be processed rapidly, but launching the game as a function of credit consumption will improve the gaming experience while also helping users accumulate credit.”

BlueToken has made every effort to create high-quality blockchain game projects and applications, which have increased traffic to BlueToken’s global ecosystem. Comprised by the same team as Gaia Online, BlueToken has exceptionally strong leadership and strategic direction. As a testament to its strength, Gaia Online is already the world’s largest online community and one of the core social platforms using personal profile pictures. The project has more than 29 million registered users in the U.S. and has accumulated over 2.3 billion posts, to date.

About DCC

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.

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