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Sr. MemberActivity: 546Merit: 250 [ANN]💰💰💰Distributed Credit Chain (DCC)💰💰💰 May 25, 2018, 07:05:42 PM #1 WEB | MEDIUM | TWITTER | REDDIT | TELEGRAM | FACEBOOK | WHITEPAPER



Distributed Credit Chain Token Sale

ONE HOUR Limited-Time Discount Window

Time: 7pm-8pm HKT, May 28, 2018

Discount price: 1 ETH = 14700 DCC

Discount supply: 20,000,000 DCC



Public Sale Date and Time

8pm HKT, May 28, 2018



Public Sale Price

1 ETH = 13700 DCC



Token Distribution

Hard Cap: 1 billion DCC Tokens

Soft Cap: 500 Million



There will be a total of 10,000,000,000 DCC in supply



30% foundation, 20% management team, 10% ITO, 20% private purchasers, 10% market cooperation agency & consultants, 10% ECO reward



Take Part in the 1 Million DCC Token Airdrop There will be a total ofDCC in supply





About Distributed Credit Chain

Distributed Credit Chain is the worlds first distributed banking public chain 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.





What Problems Does Distributed Credit Chain Solve?

Cost

The core model of a credit agency is to share the costs of non interest-earning elements and non-repayment of loans by charging the "good guys" who can pay back the money. Obviously, this cost-sharing approach is extremely irrational. For borrowers, it brings an additional cost.



Efficiency

From the credit agencies point of view, significant amounts of time and energy are wasted verifying the credit of borrowers who do not suit the agencys risk appetite, which is a waste of resources and a drastic decrease in efficiency for credit institutions.



Profiteering

A centralized credit extension model confers a monopoly advantage to centralized institutions. Aiming for profitability, they deduct lenders while squeezing borrowers, and expand their profits by extending their customer base.



See WHITEPAPER for more





How Distributed Credit Chain Works



This underlying public chain will be utilized for distributed credit reporting, debt registration, wealth management, and asset transactions. It will enable business participants in different countries and regions around the world to provide financial services in a much more convenient way.



A new type of virtual agency based on blockchain technology"Distributed Banking" will emerge. A Distributed Bank is not a traditional bank, but rather an ecosystem of distributed financial services. Conceptually, a Digital Bank, through fair financial service, will aim to break the monopoly of traditional financial institutions and to return earnings from financial services to all providers and users involved in such services so that each participant who!has!contributed the growth of! the!ecosystem may!be!incentivised.. Digital Banking will ultimately be a way to truly achieve an inclusive system of finance.



Through decentralized thinking, Digital Banking will be able to change the cooperation model in traditional financial services, building a new peer-to-peer and all-communications model of cooperation across all regions, sectors, subjects and accounts.

Distributed Credit Chain is the worlds first distributed banking public chain 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.The core model of a credit agency is to share the costs of non interest-earning elements and non-repayment of loans by charging the "good guys" who can pay back the money. Obviously, this cost-sharing approach is extremely irrational. For borrowers, it brings an additional cost.From the credit agencies point of view, significant amounts of time and energy are wasted verifying the credit of borrowers who do not suit the agencys risk appetite, which is a waste of resources and a drastic decrease in efficiency for credit institutions.A centralized credit extension model confers a monopoly advantage to centralized institutions. Aiming for profitability, they deduct lenders while squeezing borrowers, and expand their profits by extending their customer base.This underlying public chain will be utilized for distributed credit reporting, debt registration, wealth management, and asset transactions. It will enable business participants in different countries and regions around the world to provide financial services in a much more convenient way.A new type of virtual agency based on blockchain technology"Distributed Banking" will emerge. A Distributed Bank is not a traditional bank, but rather an ecosystem of distributed financial services. Conceptually, a Digital Bank, through fair financial service, will aim to break the monopoly of traditional financial institutions and to return earnings from financial services to all providers and users involved in such services so that each participant who!has!contributed the growth of! the!ecosystem may!be!incentivised.. Digital Banking will ultimately be a way to truly achieve an inclusive system of finance.Through decentralized thinking, Digital Banking will be able to change the cooperation model in traditional financial services, building a new peer-to-peer and all-communications model of cooperation across all regions, sectors, subjects and accounts.





Roadmap & Timeline







Team







Advisors









Strategic Partners









Social Communities



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