DCC: A DECENTRALIZED FINANCIAL SERVICE PLATFORM ENABLING CREDIT VIA BLOCHCHAIN TECHNOLOGY

DCC: A DECENTRALIZED FINANCIAL SERVICE PLATFORM ENABLING CREDIT VIA BLOCHCHAIN TECHNOLOGY


 The entrance of the Distributed Credit Chain (DCC) blockchain-based platform has been attracting rave reviews, particularly for stakeholders in the financial service ecosystem – DCC is as an inventive infrastructure committed to providing solutions leveraging on the blockchain ecosystem. The platform is not just innovative but revolutionary and highly sort after in the industry following a value proposition that positions it as the first global distributed banking public blockchain. 
In other words, Distributed Credit Chain proudly is enviably the world’s initial circulated banking public blockchain. According to the infographics made available, the cardinal objective of the project is to institute a decentralized infrastructure for financial service dealers globally, via enabling credit with blockchain technology and giving back ownership of data to individuals. This system according to trusted experts will facilitate the transformation of diverse financial set-ups and achieve an absolutely spot-on inclusive financing in the entire ecosystem.
 Remarkably, DCC is about entrenching the needed value for Digital Banking to ultimately provide a solution that will widely accomplish the quest for an all-encompassing financial system. Distributed Credit Chain is poised to achieve this by allowing credit leveraging on blockchain technology, and giving back ownership of data to each individual or establishment. The DCC consumers, enthusiasts and stakeholders are obviously the interconnections that will provide crucial condiments for the overall success of the platform.
In other words, the platform is bringing a value proposition where, a Digital Bank leveraging on the blockchain ecosystem and via, an impartial financial service, that will bring about a paradigm shift to disrupt the domination and control of the monetary system establishments we are acquainted with.
The cardinal objective of DCC is to disrupt payments from financial facilities back to those that provided it and consumers involved in such services to facilitate the ability of every partaker who has funded the development of the platform or structure to have perhaps financial motivation.

THE DCC SOLUTION PROPOSITION PROVISION

The Decentralized Credit Chain was conceptualized to provide critical solutions cutting across elimination of centralization and domination. Taking a cursory look at the system semantics, every lender will have the ability to choose a borrower in a decentralized marketplace inundated with boundless competitions. Basically, in this platform, the issue of pricing procedure will have its momentum controlled directly by the market and not by mediators and speculators. To add to that the entire partakers in the market will take delivery of a profit by presenting additions and algorithms based 4on the blockchain space.
Globally, some of the major problems of the present and traditional banking system are reliable provision and storing of personal data arising from third parties.
However, all that can be history with the discovery of DCC, as clients’ data will be warehoused in their on-premises or cloud encrypted storehouse. For the aspect of personal data, it can be sent to the recipient in encrypted form so that only that individual can have access to sight them. In the other way round, there will be a zero-knowledge proof protocol; this according to infographics is where the inspector can authenticate the precision of personal data without revealing the original text of the documents. Invariably this helps in no small measure to reduce the risk of personal data outflow, following the simple reason that they will not be stored in a centralized storing place.

WHAT MAKES DCC TOP-NOTCH
Even trusted experts in the blockchain space have expressed confidence and given rave reviews to the Distributed Credit Chain over the value proposition it is bringing to the front burner including crucial dynamism that makes it top-notch among the comity of start-ups.
One critical thing that gives a platform credibility and wide patronage is the value in the choice of partnership, DCC presently has signed a Memorandum of Understanding (“MOU”) to enable it to institute a strategic partnership with Decentralized AI-powered Trust Alliance (“DATA”). This is a blockchain based digital data authentication protocol driven by AI & P2P mobile storage architecture
DCC has the authority of data via Distributed Identity Verification (DIV) and can regulate the content. Similarly of note is the fact that DCC brings with a value proposition that of course guarantees-innovative and result oriented business idea, amazingly, it is one of the rare platforms that gives users that cutting edge immunity to regulation. Perhaps what the Distributed Credit Chain platform has going for them is the vastly experienced team, with a proven track record across diverse fields of digital tech.
Taking a cursory look at the platform, Distributed Credit is a service about to unveil an unrestricted Blockchain technology to attain an accord on the books, set up business contracts to institute business ethics and values, execute insolvency and reimbursement services for gluts of distributed financial business dealings among others, leveraging on the blockchain architecture.
VISUALIZING THE DCC FINANCE
The Distributed Credit Chain (DCC) cardinal objective in the DCC Finance is centered on disrupting the monopoly enjoyed by old-style banks. In other words, this paradigm that they are coming up within the banking system will incentivize every person participating in the growth of the DCC environment. In doing this they will be surely listed for reward as a way of helping to develop the infrastructure. Basically, the objective according to the infographics is the creation of an inclusive or better still a comprehensive financial system.
This is efficiently achieved through the application of decentralization,  the Digital Banking prototype will alter the corporation model used by contemporary financial institutions. In its substitution, is expected a peer-to-peer prototype of business that permits anybody from any region of the globe to partake. Looking at it as it concerns business, it will disrupt the way everyone views asset, debt, and the mediating business platforms.
What does DSS hope to bring to the front burner, with all these, liability in business, it will be ultimately replaced by disseminated wealth management. The tree-like administrative structure utilized by the conventional banking will witness serious evolution. This will bring about a flat structure of doing business. The result will be an absolutely spot-on business competence and proficiency.
For the regulation aspect, the blockchain will obviously be instrumental in handling that aspect. The entire records will be warehoused on blockchain which means they cannot be altered. This will facilitate a process where any regulator will be able to look at fundamental assets in tangible time and regulate what is going on. In other words, by virtue of utilizing the big data analysis organizations, regulators will possess the ability to see industry risks in acceptable time and act in tandem.

THE DECENTRALIZED CREDIT CHAIN DAPP

To give you more insight, on the DCC Dapp, Whichever platform that has traffic and setups can submit its personal Dapp applications to the Decentralized Credit Chain, with a caveat that these submissions are leveraging on DCC principles. Basically, from the beginning period, to ascertain the wellbeing and firmness of the infrastructure, the Foundation critically evaluates Dapp release applications. It will interest you to know that the Foundation of Cyber Sheng supports diverse setting platforms to enter the DCC environment with a view to offering user set-ups of Internet finance via DCC environment, which is another impetus to the platform.
CONCLUSIONS:
Distributed Credit Chain (DCC) is the future of blockchain digital technology, especially with its quest to bring sanity to disrupt the conventional financial services, bridging the gap and motivating with incentives for users. This is a sure platform that is not just providing a critical solution but one that will guarantee a return on investment.
THE DCC TEAM

I cannot end this piece without commending the impressive DCC team for conceptualizing this very value laded platform. The team is a vastly experience collection of individuals who are grounded in the financial and digital ecosystem. From Stewie Zhu, Founder & Ceo; Daniel Lu, the Chief Innovation Officer; Stone Shi, Co-Chief Researcher; Vanessa Cao, Chief Ecology Officer among others who were instrumental to the success of this platform.

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