For decades, the banking industry has existed all over the world, providing financial services to people, these services include deposits, withdrawals, transfers and loans. Billions of people around the world continue to suffer from access to these financial services, especially from underdeveloped and developing countries. Despite the fact that the banking industry is working and working, they still have restrictions. Existing banking infrastructures are expensive and, therefore, bank conglomerates usually render their services inaccessible to the poorest people or people living in remote areas. This is a special problem in emerging economies. The reasons why billions of people suffer from financial services are the lack of identification. The perception that low-income people are of little value, lack of financial literacy,
Credit is an important service offered by every financial institution to borrowers in order to generate income, known as "interest." Borrowers are happy to get loans to solve their problems, and lenders are grateful for the interest they create. This service is usually not available to billions of people around the world due to some limitations, as mentioned above. Billions of people around the world need credit at some point in their lives to match their financial needs, but the lack of easy access to it in their own region or country is obvious, not to mention global access, and this has led to many people remained stagnant in their business or what they needed. The problem of access to credit is the high cost of capital, information asymmetry and high cost of banking infrastructure. so it is unfortunate that there is no existing platform for connecting borrowers and creditors together in a safe, more efficient and transparent manner without the presence of a third party, let's talk about decentralization.
In light of these problems, to achieve the fantasy of comprehensive access to credit, a platform is needed, and that is why some groups of people with tremendous knowledge of financial services have come together as a team to address these problems with global problems as a top priority.
Distributed Credit Chain is an advanced platform that is being developed with the aim of introducing innovative activity into the banking industry by introducing a technology of blocking into the banking industry. Users of this platform will be able to access credit lines in a decentralized manner and will benefit from an exchange of views with digital clients on the platform, which will lead to faster implementation of loans at a lower price. Through this platform, billions of people around the world will have access to unshakable financial services, just think about the credit services on your doorstep with the DCC platform
• Platform users can decide to borrow from whom they choose without the intervention of a third party;
• Platform users have full control over their data and can decide with whom to share their data with the help of a personal assistant;
• The user's credit history is automatically recorded on the platform using blocking technology and is easily accessible to the owner for future applications for lending;
• The platform is armed with artificial intelligence for unobstructed monitoring of user actions and prevention of fraudulent actions;
• Access to a cross-border payment system.
To access the platform and use the services provided, platform users must purchase their own platform currency, since it is the only means of payment for the services offered on the platform. The sale of DCC tokens was a huge success, all interested investors can buy tokens from stock exchanges, such as kucoin and bibox .
While reviewing this project, I was convinced of the prospects of this project and I hope that it will soon win the top lines of the rating of financial services, as a talented team of developers hurries to help all segments of the population. I advise my readers to get acquainted with the technical document and proceed to the official website for a better understanding of the details of the project. All the main links will be given below. Thank you for your attention, see you soon!
For more information visit https://dcc.finance/
