Business Idea

Distributed Credit Chain (DCC) is the world’s first distributed banking public blockchain 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 missio is to transform different financial scenarios and realize true inclusive finance.

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 incentivized.. 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. As it pertains to business, Digital Banking will completely transform traditional banking's debt, asset, and intermediary business structure. It will replace liability business with distributed wealth management, and substitute distributed credit and claims registration (for asset business) and distributed asset transaction (for intermediate business). The tree-like management structure of the traditional bank will thus evolve into the flat structure of a decentralized bank, establishing distributed standards for various businesses and improving overall business efficiency.

ICO release of 500 million tokens

The final allocation:

17% Private purchasers

5% ICO

28% Foundation

15% Market and Cooperation Agency and Consultants

15% Eco Reward

20% Management Team

Can’t participate: US and China.

Social Media

Twitter – 24.8k followers, couple of posts a day.

Telegram – over 128k members with hi activity, the admins are answering actively to member’s questions.

News

Whitelisting-TBA

Crowd sale - TBA

Accepts: ETH, BNB. BNB is more preferred.

February 2018 Token exchange

March 2018 Launch first Distributed Credit Chain-based personal loan product Dapp

April 2018 Distributed Credit Chain open platform goes online

May 2018 Interface with more than five Chinese institutions of loan,

data providing and risk control

2018 Q3-4 Open self-creation API of Distributed Credit Chain

2018 Q3-4 Establish unified MPC of DCC

2018 Q4 Enter Indonesia lending market

2019 Q1-2 Enter Vietnam & other SEA country lending markets

Pros

-Good business idea.

-Immunity to regulation.

-Strong team based on information provided on website

Cons

The development of a public blockchain take time and it’s hard to tell at this stage

Team

Stewie Zhu

Bachelor in EE, Nanjing University; MA in statistics,

Yale University M.s Statistics,

Oxford University M.s in Financial Economics

Ph.D. (Candidate) in Finance, London School Of Economics

Research focusing on finance and game theory.

Serial entrepreneur in the internet and Fintech industry

Led a leading SaaS financial technology company in China to develop internet-based credit systems for over a dozen of trusts with multibillion USD annual loan facilitation amount, which was successfully sold to a publicly-listed company in three years.

Daniel Lu

PhD in Mathematics, Yale University, USA; Postdoctoral Research in FinancialEngineering, focusing on the Representation Theory, University of Leipzig, Germany

Head of investment banking and asset management, general manager of financialdepartment of a large commercial bank

Years of experience in financial institutions at home and abroad, working successively at Deutsche Bank headquarters and Finance Department at a joint-stock bank headquarters.

Possesses solid professional knowledge and research abilities, and has been invited to give keynote speeches at academic conferences and financial conferences in China and abroad. Specializes in capital & capital market business, asset management, bank assets and liabilities management, internal fund transfer pricing, product pricing, market risk management and modeling, financial derivatives pricing, and the Basel New Capital Accord in investment bank/commercial bank.

Stone Shi

J.P. Morgan, Vice President, Quantitative Research, Focused on Derivative Pricing, Quantitative Model Risk

HSBC, Internship, Rates, Educatio

TELECOM, Ingenieur, Majored in Computer Science and Applied Maths

Nanjing University, Majored in Electronic Science and Engineering

Vanessa Cao