Topic: The mission of DCC is to convert the various financial scenarios and implem (Read 95 times)
June 02, 2018, 04:12:31 AM
Thanks to the decentralized approach, virtual banking will be able to change the financial services model, develop a new p2p communication model in all sectors, regions, accounts and subjects. As for business, virtual banking will completely change the normal banking business
June 02, 2018, 03:57:30 AM
#DCC
The mission of DCC is to convert the various financial scenarios and implement the real inclusive Finance.
Thanks to the decentralized approach, virtual banking will be able to change the financial services model, develop a new p2p communication model in all sectors, regions, accounts and subjects. As for business, virtual banking will completely change the normal banking business
Due to its blockchain-based framework, transactions and credit information will be tamper-proof, because all actions will be traceable and easily auditable. The DCCID will allow users to forgo intermediaries such as credit agencies and the expenses and inefficiencies associated with these models.
A decentralized system will also eliminate profiteering by credit agencies and banks by increasing competition. When there are only a few major players, it is easy to create an alliance that will allow for all companies to increase their profit margins. However, with DCC on the market providing similar services to those of banks and credit agencies, these entities will be forced back into the competitive free market. The diminished power of large institutions will also allow smaller players to re-emerge on the market in an effort to promote social and economic progress.
https://www.reddit.com/r/dccofficial/comments/8nzcyi/the_mission_of_dcc_is_to_convert_the_various/
The mission of DCC is to convert the various financial scenarios and implement the real inclusive Finance.
Thanks to the decentralized approach, virtual banking will be able to change the financial services model, develop a new p2p communication model in all sectors, regions, accounts and subjects. As for business, virtual banking will completely change the normal banking business
Due to its blockchain-based framework, transactions and credit information will be tamper-proof, because all actions will be traceable and easily auditable. The DCCID will allow users to forgo intermediaries such as credit agencies and the expenses and inefficiencies associated with these models.
A decentralized system will also eliminate profiteering by credit agencies and banks by increasing competition. When there are only a few major players, it is easy to create an alliance that will allow for all companies to increase their profit margins. However, with DCC on the market providing similar services to those of banks and credit agencies, these entities will be forced back into the competitive free market. The diminished power of large institutions will also allow smaller players to re-emerge on the market in an effort to promote social and economic progress.
https://www.reddit.com/r/dccofficial/comments/8nzcyi/the_mission_of_dcc_is_to_convert_the_various/
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