Main advantages Destributed Credit Chain (DCC)

in #blockchain3 years ago (edited)

Greetings, friends. Today I want to make a review of the project Destributed Credit Chain (DCC). And talk about the main features of the project. Friends, we live in a wonderful time, in the age of technology development, in the age of economic development, invented a lot of new inventions and innovations, as well as opportunities for financing business and ideas. In particular, such opportunities are opening up to us thanks to the DCC project.

Let's talk about the problems of the modern financial market.
I think every person in life, at least once, but took a loan. Nowadays it is normal, because banks themselves distribute their credit cards, where there are credit limits, while the countries of Europe and the USA generally live on loans, there is available mortgages and consumer loans, all this is available to any working person.

But is it so simple? Of course not, if you do not pay the bills, you will immediately meet with the bank's security service, but the number of disadvantaged borrowers only grows and this leads to a decline in the entire financial system of the country. Banks are forced to raise interest on the loan, which will be paid by bona fide borrowers. And also this makes it difficult for banks to select bona fide customers. The problem is that the banks do not have a single database of borrowers and if the client previously borrowed in one bank and has problems with the return, he can still take a loan in another bank in which he is not yet on the blacklist and all this leads to a decline banking system. And an increase in the number of refusals, even bona fide customers
All this leads only to the collapse of the financial system and the emptying of pockets from the common people.

Main advantages DCC

  1. Distributed Credit Chain (DCC) is a blockchain project that was
    created just to solve problems in the banking sector and in the
    entire financial system. This platform allows you to safely and
    quickly distribute through the blockchain between users of the
    platform and consolidate lenders and borrowers.

  2. The use of blockchain technology transparency and security through a decentralized network that does not belong to anyone. This will make it possible to scale the project around the world

  3. All operations are now in open access, they can be tracked through a
    private and public blockchain. This allows you to quickly track any
    delay in paying for a loan.

  4. You only need to register once on the platform, download all
    necessary documents for obtaining a loan and use the services of the

  5. The platform will form its credit rating, which in the future will
    allow even more efficiently to issue loans.

  6. This platform is intended for organizations and individuals.

The mission of the project is the transformation of the banking system, which is now sinking and it is not known how much time remains before the collapse, the project is trying to innovate in the financial system and to compromise to be independent of monopolists in the spheres of credit. Give an opportunity to each person to receive funds on mutually beneficial terms and at the same time to give an opportunity to earn money for private investors.

Blockchain allows you to exclude from the chain: the lender and borrower, intermediaries, which allows you to optimize costs, thereby giving mutually beneficial terms to both parties, the loan will not be as expensive for the borrower as if the chain were attended by intermediaries.

The decentralized ecosystem of the Distributed Credit Chain will also allow all users to be on the same level, which in turn will provide the platform with equal cooperation between all entities, regions, and states.

In conclusion, I want to say this, this platform blurs the boundaries between borrowers and lenders. Now it does not matter in which country you live. You can use the platform services on an equal footing. Also I want to note that a very experienced team has been working on the project, which can be talked about for a very long time and requires a separate article for them. I will not do this, I will simply say that the most experienced professionals who participated in the creation of more than one successful project were involved here, just look at this impressive list:

• Web -
• Whitepaper -
• Facebook -
• Twitter -
• Telegram -

unsernameBTT : HunterM | LINK unsername BTT :;u=1303504

Coin Marketplace

STEEM 0.49
TRX 0.09
JST 0.062
BTC 49326.74
ETH 4179.15
BNB 566.65
SBD 5.99