Overview Of The DCC Platform.

I have written several articles and reviews on my blog, and it pleases me that you all have shown interest with your upvotes, comment and questions on my post. Throughout my time in writing, nothing has been this interesting as this review I am about to share, a project that is going to be part of our lifestyles in a reformed way different from other traditional or centralized ways which we have been operating with the financial institutions. Therefore I will like to give you my own thoughts about DCC finance platform and why I think they are a game changer on blockchain technology and cryptocurrencies as a whole.

Unlike other financial institutions, the project is taking a step of introducing blockchain technology into various financial services, the world will experience a different and reliable way of accessing capital managements, transactions, data, loans and other financial services.

Firstly, with all points noted, the Distributed Credit Chain platform is a Financial Technology (FinTech) project, with the aim of creating an ecosystem where problems related to lending, financing, and other banking services are tackled. Low quality as well as working with user data has hindered the growth of the banking sector, DCC wants to fix these problems by the empowerment of credit with blockchain technology and returning ownership of data to individuals.

Via blochchain's decentralized technology, the digital model of banking will change the ways of corporation models used by traditional financial institutions providing a decent way of issuing and receiving credits and financial services to customers all over the world with the use of a peer-to-peer model of business. The DCC finance platform offers new benefiting methods, improving the lapses in services provided by banking industries, the project hopes to make dept, and other financial challenges to be easily conquered.

The DCC Finance platform handles data in a totally different way from other centralized banks, they provide and ecosystem where users can either make their data available or hidden, it allows users of the platform to own their data, eradicating the monopoly system of banking industries. The project also wishes to encourage their participants, who helps to develop the system, necessarily creating interests. The DCC Finance project consists of several mechanisms that will match together to keep the ecosystem functioning. A distributed structure that will be in control of credit data, a form of system for personal user data identification, a system for general data verification, credit reporting mechanism, and a credit assessment model.

DCCID, an identification system also known as a cloud storage system for all data available in the ecosystem based on blockchain technology. With DCCID, digital signature of a user can be generated with a promising security of all user data, The DCCVerify mechanism is also a program that checks and structures the data on the platform. This mechanism provides an easy way for credit agencies to work with the DCC finance platform. it also increases the security of the platform by protecting and verifying all authorizations.

The current credit system is imperfect and has a lot of flaws. Its main issues is how it is regulated and managed by fragmented parties, with the incentive of working with its centralized structure. But with the use of blockchain technology, the sphere of credit and financial services will be made decentralized, by increasing its effectiveness and depriving participants or government parties of the opportunity to monopolize advantageous sections and lead the rest of the members in the system..

The DCC finance project has a token that fuels up the platform, the reason for the token is for all calculations on the platform, charging of basic commisions and provision of finance and lending. The project will also use Smart Contracts of the Ethereum blockchain for operations. The project ICO has been completed successfully but tokens can be purchased DCC tokens on exchanges as BiBox, Dex.top and KuCoin. Finally, I would say the DCC finance project is something we should all look out for, the have the right team and potentials to change the finance system for good.

Roadmap

DCC Useful Links:

Website: http://dcc.finance
Telegram: https://t.me/DccOfficial
White paper: http://dcc.finance/file/DCCwhitepaper.pdf
FACEBOOK: https://www.facebook.com/DccOfficial2018/
Twiter: https://twitter.com/DccOfficial2018/
ANN : https://bitcointalk.org/index.php?topic=3209215.0

Telegram username: @xpency
Bitcointalk Username: Xpency
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1800192