Governments around the world today are being run with finances and this helps the government carry out its activities efficiently. Given the important role financing plays in the world today, there are financial institutions on ground to ease the financial burden of interested individuals.

However, haven identified its crucial role in the world economy; the financial industry had over the years become monotonous and highly centralized. All transactions especially financial transactions must pass through them and this added more “power” to their already existing leverage.

Certainly, you might have certainly been a victim of financial brunt posed by these financial institutions. Let’s narrow this down a bit: Mr. Festus who is an importer needed some fund to clear his goods at the wharf. He approached his bank for loan only to get stringent terms before his loan request could be processed. Part of the terms included a high interest rate on the loan and literally unimaginable collateral in addition to sureties in like terms. Mr. Fests was devastated and didn’t know what else to do. More disheartening is that he has chances of losing his goods if not cleared within few days.

The above is just a tip of the iceberg on the monopoly financial institutions have and which they don’t hesitate to exhibit at the least opportunity. Most financial institutions issue low interest for its lenders and investors but demand excessive interest rate from its borrowers. This action is not encouraging and haven been in existence for many years, it is important and very urgent that something must be done about this.

Introducing DCC: The Decentralized Credit Chain



The major reason why traditional financial platforms and institutions have outright monopoly is because of their centralized nature. They thus manipulate the borrowers and users to bend towards their interest.

But now, we have a new platform that will threaten the continued existence of the traditional financial institutions and platforms. I’m talking about the Decentralized Credit Chain (DCC).

DCC is here to change the monopoly of traditional institutions such as banks. It hopes to achieve this by offering a decentralized platform – the Blockchain. Basically, DCC is a new approach and an opposite of what was obtainable in traditional banks and other financial institutions and platforms.

The Decentralized Credit Chain (DCC) offers incentives to its users and all participants in its ecosystem. This, DCC reasoned, will help facilitate the growth of its ecosystem because the presence of an enabling environment and offer of incentives will ignite the interest of users to its project.



PROSPECTS

The Decentralized Credit Chain (DCC) has amazing features such as the Digital Banking Model that will replace the Corporation Model found on traditional financial platforms and institutions.

In line with the provisions of the Blockchain technology, DCC will feature a Peer-to-Peer (P2P) business model. With the P2P feature, you can be an active participant in the DCC blockchain no matter your location in the world.

What will I benefit from DCC?

You might now be contemplating the reality of the Decentralized Credit Chain (DCC) network. You might have even wondered if DCC is not a scam in disguise! I know the traditional/current financial platforms and institutions have succeeded to gather our “trust” and made-up make-believe thought in our minds that no other platform will be better than them.

I know all that but I make bold to say that the Decentralized Credit Chain (DCC) network is actually real and will; distort all that traditional financial institutions have been perpetuating.

According to its team, DCC’s goal is to “establish a decentralized ecosystem for financial service providers around the world”. DCC also takes away the transaction costs and commissions/interest that are obtainable in traditional financial institutions.

On the DCC network, all financial firms have the same status so there will no issue of monopoly anymore. We know that most banks have popularity and much customer base and these negatively upcoming banks. But with DCC, major banks and financial service firms are reduced to the same level with the smaller ones. This offers a level-planning ground for all and as DCC hopes, smaller financial institutions will now have a stronghold and are expected to boom just as the major ones.

A change in the Financial Sector

Another advantage that the Decentralized Credit Chain (DCC) features is the ability to change the current blockchain model. The traditional blockchain model has decentralization as its basic feature but now that DCC is here, the Blockchain technology is set to be commercialized. DCC will soon weaken traditional digital currencies with its prospect of becoming a high-quality digital asset in the shortest time possible.

OTHER FEATURES

The Distributed Credit Chain (DCC) network has other amazing features you should go through:

• User Account Identification: DCC features a decentralized account system called Distributed Credit Chain ID (DCCID). DCCID is responsible for storing credit history in DCC’s smart contract. DCCID is generated through a Public-Private- Key Pair and anybody on the DCC ecosystem can create their DCCID even when they are offline. DCCID is fully protected as it uses the digital signature technology on every data exchange.

Other features on the DCC network are:

• Non-Cooperative Game between participants

• Virtual Asset Lending

TOKEN & TOKENSALE DETAILS

Ticker: DCC

Token Type: ERC-20

Token Price: 1 DCC = $0.05

Platform: Ethereum (ETH)

Total Supply:10,000,000,000 DCC

Restricted Areas: USA & China

Whitelist: YES

CORE TEAM



ADVISORS





To find out more about DCC, kindly visit the links below:

Website: HTTP://dcc.finance

Whitepaper: http://dcc.finance/file/DCCwhitepaper.pdf

Blog: https://medium.com/@dcc.finance2018

Twitter: https://twitter.com/DccOfficial2018/

Telegram: https://t.me/DccOfficial

Writer: Collinberg

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1532780