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Topic: DCC Finance World's 1st Distributed Banking Ecosystem! (Read 64 times)
Distributed credit chain is a new project that comes with some potential and innovative ideas. It aims on building a user-friendly ecosystem. It will then reduce the monopoly of the banks.
I heard the news before and i think it’s a great initiative for them. For this they can become popular among the people. Because peoples are always appreciate which is better for the nature.
The whole essence of the project is to build a new system that seeks to bring into the world of financial lending, clean and transparent relationship between the borrower and the supplier. Therefore, the DCC intends to decisively change the entire existing monopoly structure of the traditional market of financial institutions, so that in the future each participant in this sector can earn their rightful income within the framework of the environmental growth of the system.
The use of Blockchain technology will allow DCC to change the usual course of operations in banking systems, which will lead to a permanent increase in communication not only between different regions of individual parts of the state, but also around the world. This approach will allow to transform the entire existing structure, setting new standards, increasing the overall level of business worldwide.As for government regulations, due to its transparent structure, the Blockchain provides open access to data, which as you already know is not subject to any change, at the expense of smart contracts. Thanks to this organization requesting the test data easily and quickly be able to understand and help with different resolution of data, and to prevent any risks.
The whole essence of the project is to build a new system that seeks to bring into the world of financial lending, clean and transparent relationship between the borrower and the supplier. Therefore, the DCC intends to decisively change the entire existing monopoly structure of the traditional market of financial institutions, so that in the future each participant in this sector can earn their rightful income within the framework of the environmental growth of the system.
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