[REVIEW ICO] ICO Distributed Credit Chain (DCC)
ICO DCC Finance 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 will make all participants' interaction more efficient and transparent.
The project involves well-known crypto experts from China: Art. Zhu, Art. Shi, D. Lu, Yu Chen, Yu Guo, M. Yao and others.
Features and main tasks of the project
As you know, traditional centralized financial structures have a number of drawbacks. First, their activities depend on the support, supervision and approval of large financial institutions (often state-owned). Secondly, banks and microfinance organizations are required to pay mandatory operational fees, which is why their income is reduced. For today it is clearly visible, that creditors are compelled to reduce the interest income, and rates on credits, on the contrary, to raise.
The new decentralized platform DCC Finance will get rid of these difficulties and will benefit both financial companies and their customers. It will make interaction of all participants more effective, ensure their transparency, and also will get rid of cases of speculation, significantly lower lending rates.
Who among you has ever used the loan? I think many, because we have not noticed how loans have become an integral part of our lives, is not it? I know many people who were not satisfied with the terms of the loan, but they agreed, because now the conditions in all banks are different, we can say with certainty - this is a monopoly. Let's analyze the main problems in the relationship of the borrower with whom you have met or heard about them:
High interest. Sometimes we are forced to agree with the terms of the loan, even if it does not suit you, I repeat that the conditions in banks are almost the same (monopoly). And if you take a private loan / loan, the interest in it is still much higher than in the bank or other credit organizations.
Often, if you are not encouraged by a loan from a bank, you go to a private lender who is willing to give you only a small amount + in addition for a short time, against a background of high risks.
Hidden percent. Sometimes the actual payment for a loan quite often turns out much more than the declared interest
Time for consideration of the application. The adoption of the final decision on the issuance of a loan in the bank takes a lot of time: sometimes it's a few days, and in some cases it's a few months.
Also, against a backdrop of ineffective testing, many people are denied a loan, which in turn leads to loss of the client, hence the financial loss of the bank and the headache for a person.
All decisions depend on large companies
And many others
I think you have already understood that the banking system has become obsolete and needs new ideas and technologies!
Fortunately, the Distributed Credit Chain (DCC) team has come up with how to solve all the problems of modern centralized banks! Became interesting? Let's understand:
ou probably have a question about legality? It will be absolutely legal, because I thank the technology blockchain, namely, smart contracts will provide full transparency of the system - hence if any organization that sends the request, will be able to get the data. I want to note that these data can not be changed, no matter how many "connections" and money you have.
Also, you will no longer need to bypass each instance for collection of documents and identification - now this data will be transmitted once and be under highly effective protection. All conditions of loan agreements will be automated due to smart contracts;
Let's look at the project roadmap:
The team strictly adheres to the established schedules - this is an undoubted plus in favor of the project!
I also want to talk about the token and its sale:
Immediately I want to note that the sale ended early, but it will be possible to buy tokens when entering the stock exchanges.
This token will be used to conduct operations inside the system and payments inside it - hence, because of the high demand, it will grow rapidly in value, so be quick! The project is interesting not only for investors, but also for ordinary people in everyday life - many things tell us about this, for example, the early closure of the ICO.
Team:
The team has many years of experience that can perfectly prioritize, they are able to clearly not only set goals, but also reach them in time! In addition, they monitor the situation in this area and not only know and in what direction they should develop!
Conclusion : I am confident that the team of this project will succeed, because it has all the components that will be needed to achieve the remaining goals (you can see them above in the road map). In the circle of this project, very much attention is riveted - which is very good, the so-called "HYIP". In addition to a good team, the project has good and influential advisers and no less eminent investors - this is just another plus in favor of 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 - they get it, even ahead of schedule.
Also one of the advantages is already collected investments, which will be distributed as follows:
Labor costs: 30% (The project for the development of a distributed credit chain requires a large number of elite researchers and developers who can integrate mobile Internet, distributed networks, blocking, financial payments, financial risk control and marketing promotion. adequate financing of human capital)
Marketing: 25% (DCC intends to create a decentralized financial system in the future, during which commercial promotion and distribution will require significant costs.)
Business: 10% (In the future, further cooperation in ecosystems 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.)
Ecosystem-operations: 5% (Maintenance of low operating costs of ecosystems.)
Reserve fund: 25% (Reserve reserve fund for general operating activities, responsive to operational risk and force majeure)
Partners
Investors
Crypto experts say they are positive about the new platform. But still it is worth considering that the novelty has a lot of worthy competitors, for example, ICO Credits, Entry and others. In addition, the creators did not provide a platform protection system. We hope that in the near future the project together with the security system will be completely refined.
More details about the project can be found in the following official sources:
Official website: - http://www.dcc.finance/
ANN: https://bitcointalk.org/index.php?topic=3209215.0
White paper (here you can find all information about the project): http://www.dcc.finance/file/DCCwhitepaper.pdf
T.me: https://t.me/DccOfficial
Twitter: https://twitter.com/ DccOfficial2018 /
Fb: https://www.facebook.com/DccOfficial2018/
Author:
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1450768
Bitcointalk Username: terry17