Distributed Credit Chain : Platform brings down the Credit Monopoly!

The main problem of the existing credit system

In any state of the world there is a hidden monopoly on issuing loans for business and consumer needs. It depends on the quirks of the Central Banks monetary policy, which determine the discount rate, and the greed of local financial institutions that add their margins to this value.

In addition to profits, banks pledge their risks as a percentage of the loan issued, forcing customers to pay for the short-sightedness of the the institution that issued risky, non-recurring loans.

The world of loans is arranged in such a way that a common folks, as well as small and medium-sized business will never be offered favorable borrowing conditions. They are charged with compensating bank losses on long-term loans granted at low interest to large corporations and affiliated entities.

Such "credit rules" are supported by the hidden monopoly of the transnational banking system, where there can not be real competition because of the size and political capabilities of industry leaders.

Distributed Credit Chain's ecosystem

Developers of the DCC platform - Distributed Credit Chain - propose to bring down the credit monopoly with the help of blockchain. Decentralized technology will unite into one ecosystem:

• Borrowers whose personal data will be reliably protected, and the routine procedure for checking solvency and identification will be passed once and for all;
• Creditors who will be given the opportunity to independently form conditions for the funds provision;
• Developers of fintech applications that automate the terms of loan agreements with the help of smart-contracts;
• Insurers, liquidity providers and others directly or indirectly related to investment activities;
  The DCC platform is a decentralized united loan market, where the rates are determined via honest principle of supply and demand.

DCC Token

DCC token is the connecting link between all participants, token sale during the Distributed Credit Chain ICO will allow developers to receive funding for:

• Blockchain, defining credit conditions, scoring processes, loan repayment algorithm and supporting smart-contracts and DApps;
• Branch chains that conduct segmentation on consumer and investment lending;
• Credit cards service;
• API and software for external data exchange with various government agencies and the Bureau of Credit Histories

The investment attractiveness of the DCC token

According to the founder's plan, the issuance of loans will be denominated in tokens and this gives a number of unique advantages and opportunities for the investor:

• Getting a loan secured by cryptocurrency (do not need to sell digital assets and lose the opportunity for investment income)
• The DCC token will be provided with real credit obligations, and hence with stable demand
• On the platform, it is possible to implement an arbitrage strategy for short-term high and medium-term low loan rates, create swaps on the difference between risky and stable loans, own bonds and stablecoins

The start-up Distributed Credit Chain enters the market with a minimum finished product (MVP), liquidity of the project and investment support are provided by 18 largest venture funds in Asia.

Investments in DCC token are justified by the importance of the names of the Distributed Credit Chain partners, as well as the "ICO rebirth process" in South Korea and China. For more details of the DCC platform, see the 

Website: http://dcc.finance/
Whitepaper: http://dcc.finance/file/DCCwhitepaper.pdf
Twitter: https://twitter.com/DccOfficial2018/
Facebook: https://www.facebook.com/DccOfficial2018/
Telegram Official: https://t.me/DccOfficial

Bitcointalk Username: KidsJamanNow

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1308879

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