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What is a Distributed Credit Chain (DCC)?
Key features and objectives of the project
Detailed information about DCC tokens and sales
Roadmap
Distributed Credit Chain (DCC) is a decentralized landing platform that will allow you to finance business accounts from anywhere in the world. A new distributed credit network for various financial service providers (banks) will make the interaction of all participants more efficient and transparent.
The Bank's Distribution Concept is to break the monopoly concept of traditional financial institutions into fair financial serv fair return of financial services to all the providers and users involved so that each participant who contributed to the growth of the ecosystem could get an incentive to really achieve comprehensive financing. Thanks to decentralized thinking, the banking distribution has successfully transformed the cooperative model in traditional firvices and build peer-to-peer models and all new communications in all regions, sectors, entities, and accounts. As far as business is concerned, Distribution Bank will completely change the debt, assets, and structure of the traditional banking intermediary business, replacing the business of responsibility with distributed capital management, replacing the business of assets with distributed credit reporting, debt recording and the replacement of intermediary business with distributed assets. The management structure, like the tree model of a traditional bank, will create a flat structure of Bank Distribution, which wtablish distributed standards for various enterprises and increase the overall efficiency of the business.
Key features and objectives of the project
As you know, the traditional centralized financial structure has a number of shortcomings. First, their activities depend on the support, supervision, and approval of large financial institutions (often owned by the state). Secondly, banks and microfinance organizations are obliged to pay mandatory operating expenses, so their income is reduced. To this day it is clear that creditors are forced to reduce interest income, and credit levels, on the contrary, are rising.
The new decentralized platform of Distributed credit chain Finance will get rid of these difficulties and will benefit both financial companies and their clients. This will make all participants' interaction more efficient, ensure their transparency, and also eliminate speculative incidents, which will significantly reduce lending rates.
Detailed information about DCC tokens and sales
Immediately I would like to note that the sale expires earlier, but when you enter the exchange you can buy tokens (BIBOX, KUCOIN, FCOIN, DEX.TOP). Then it will be used to perform the operation inside the system and pay for it, because high demand will quickly grow in price, so fast! This project attracts not only investors but also ordinary people in everyday life, many things that tell about it, for example, early closure.
The Cyber Sheng Foundation plans to publish a total of 10,000,000,000 DCC tokens of encrypted digital currencies. In 12 months after this publication, the total volume of circulation will be 3,700,000,000, which is 37% of the total. In the private sector, well-known and qualified investors in the field of lending and banking will be invited, with a fund-raising ratio of no more than 17% and a volume of investments from one investor of at least 100ETH. At this stage, DCC will be blocked, with 25% of the total open before the opening of the exchange will be closed, and another 25% will be opened every two months. In the ICO round, 500,000,000 DCC will be issued to non-Chinese and US investors. All this will be directly distributed. ICCO hardcap is 500,000,000 DCC tokens, DCC tokens will be exchanged with ETH. ICO statistics, ICO statistics.
I am sure that this project team will work because it has all the components necessary to achieve the remaining goals (you can see above in the roadmap). In this project a circle, very very well-glued attention, called "HYIP". In addition to a good team, this project has a good and influential advisor, and no less well-known investor is another plus to support the project. Having looked at the "road map", we can be sure that the team is seriously trying to achieve all the tasks on time, when they will receive it, even ahead of schedule.
Also one of the advantages is the collection of investments, which will be distributed as follows:
Labor costs: 30% (For Distributed credit chain Development Project, a huge amount is required for extraordinary researchers and developers to integrate mobile internet, block distributed networks, control financial risks and control marketing actions.) Effective human resource financing)
Marketing: 25% (DCC intends to create a decentralized financial system in the future, where commercial promotion and distribution will cost significantly.)
Business: 10% (In the future, further cooperation in the ecosystem will gradually support various distributed business scenarios).
Counseling: 5% (with the further development of blockchain technology, we need to attract a sufficient number of technical consultants to provide technical support).
Ecosystems: 5% (maintenance of low operating costs of the ecosystem).
Reserve fund: 25% (reserve funds of reserves for general operations, reacting to operational risk and force majeure)
Roadmap
2017
August - The DCC project was established
September - Establish an integrated identity system based on the Ethereum test network
October - Build a consortium underlying DCC testnet
December - Applied online declaration credit declaration based on the underlying testnet
2018
February - Exchange Token
March - Launch of Dapp's personal credit-based product Disrtibuted Credit Chain
April - Distributed Chain Credit Platform opens online
May - Interfaces with more than five Chinese lending institutions, data provision and risk control
Q3-4 - Open self-creation API of Distributed Credit Chain
Q3-4 - Unused MPC MPC form
Q4 - Enter Indonesia's lending market
2019
Q1-2 - Enter Vietnam & other SEA country loan markets
2020
- Grow to the public blockchain system
- Develop Asset Distributed Asset system based on public chain
- Develop a Distributed Settlement system
Team:
Teams have years of experience that can best prioritize, they can clearly not only set goals, but also reach them on time! In addition, they monitor the situation in this area and not only know and which direction they should develop!
The project involves the famous Chinese crypto expert: Art. Zhu, Art. Shi, D. Lu, Yu Chen, Yu Guo, M. Yao and others.
For more information on Distributed Credit Chain (DCC), Visit:
BY: Andigentho
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1023572
ETH Addres : 0x158CAd0e2dc87435a5BbE5eC2F0bd7aA6d352B1B
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