Topic: [ANN] Distributed Credit Chain - DCC | World's 1st Distributed Banking Ecosystem - page 18. (Read 22277 times)

Dr. Stewie Zhu, founder & CEO of DCC, talks about who we are and what we do:
https://www.youtube.com/watch?v=QKF6tqDXXzw&t=1s

We will launch a Public Blockchain to establish business standards, reach consensus on the books, deploy business contracts, implement liquidation and settlement services, and so on, for a variety of distributed financial business.

We will begin with credit business on “Distributed Credit Chain”, refracting the business ecology of traditional credit through the lens of decentralized thinking and distributed technology. In the following section, we are going to specifically describe changes in the area of credit that will be brought by the distributed bank.




Break the Monopoly
Conceptually, a Digital Bank, through fair financial service, will aim to break the monopoly of traditional financial institutions and to return earnings from financial services to all providers and users involved in such services so that each participant may share the return of ecological growth. Digital Banking will ultimately be a way to truly achieve an inclusive system of finance.

Decentralized Thinking
Through decentralized thinking, Digital Banking will be able to change the cooperation model in traditional financial services, building a new peer-to-peer and all-communications model of cooperation across all regions, sectors, subjects and accounts.

Transform Business Structure
As it pertains to business, Digital Banking will completely transform traditional banking's debt, asset, and intermediary business structure. The tree-like management structure of the traditional bank will thus evolve into the flat structure of a decentralized bank, establishing distributed standards for various businesses and improving overall business efficiency.

Government Regulation
As it pertains to regulation, the fact that all records registered in the blockchain cannot be tampered with will enable regulators to penetrate the underlying assets in real time. Big data analysis institutions will also be able to help the regulatory bodies understand and respond to industry risks more quickly based on blockchain data analysis.




2017
August - DCC project established
September - Constructed unified identity system based on the Ethereum test network
October - Built underlying consortium DCC testnet
December - Deployed online credit declaration contracts based on underlying testnet

2018
February - Token exchange
March - Launch first Disrtibuted Credit Chain-based personal loan product Dapp
April - Distributed Credit Chain open platform goes online
May - Interface with more thab five Chinese institutions of loan,data providing and risk control
Q3-4 - Open self-creation API of Distributed Credit Chain
Q3-4 - Establish unifed MPC of DCC
Q4 - Enter Indonesia lending market

2019
Q1-2 - Enter Vietnam & other SEA country lending markets

2020
WholeYear - Evolve to public blockchain system
WholeYear - Develop Distributed Asset Manage system based on public chain
WholeYear- Develop Distributed Settlement system



DCC global community:
Telegram Group 1: https://t.me/DccOfficial
Telegram Group 2: https://t.me/dcc_official2
Twitter: https://twitter.com/DccOfficial2018
Reddit: https://www.reddit.com/user/DCC_Official/
Medium: https://medium.com/@dcc.finance2018
Facebook: https://www.facebook.com/DccOfficial2018/
YouTube:
https://www.youtube.com/channel/UCX0Y5MQwTLGPtIP1jAJm9Ng
Bitcointalk:
https://bitcointalksearch.org/topic/ann-distributed-credit-chain-dcc-worlds-1st-distributed-banking-ecosystem-3209215