KNOW MORE ABOUT THE DISTRIBUTED CREDIT CHAIN IN BLOCKCHAIN TECHNOLOGY ICO



 The financial industry is a place where funds are directly invested. ICO is also a new form of financial system where money is gathered. It is a new system in the framework of moving money just like finance before this act itself is in the block chain. And you need to know who is jumping into the block chain. Those who were interested primarily in the block chain. It is an early block-chain market participant who was interested in technology itself. They are people who have changed their occupations to the block-chain industry after they have passed and the block-chain boom has blown. For example, people working in the financial industry are starting new types of banking in the block-chain industry. They go into the block-chain industry with their networking and management resources. The service they want to create is actually there. The service that you create by applying block chains to finance is there, if not for the exceptional people to make. However, the fact that these services continue to be created is due to the existence of numerous investment companies. In any case, the service they want to create is there and there is a lot of money to come to them, which in the end depends on the network they have in place, and all those who are involved in block-chain financing have this network I think basically all the ICOs were successful.
 The DCC company is the first banking unit whose goal is to create a decentralized global ecosystem for financial service providers, and to transform various financial scenarios and implement real inclusive finance by providing loans. The problem that this company is working on is financial transactions that mainly depend on the support of the largest financial companies, which have significant commissions for paid transactions, as well as monopolistic companies that increased interest tional loan rates for borrowers and reduced interest income of creditors.

DCC solves these problems in such ways: for borrowers by locking an account to authorize a data service provider and initiating a loan request, for a data provider by integrating individual data into a standard chain, for service providers of algorithms and calculations by qualitatively extracting a data characteristic.Also with the help of credit histories, providers of financing and management of the credit business, receiving income from certain risks and management of unfinished loans.

What services do they want?

The service they want to do is try to make transactions through tokens the moment the data is moved on the block chain. And the information they deal with is financial information. Many analysts provide analytical information and many transactions are based on this analytical information. Foolish analysts' information may be inexpensive, but the information of competent analysts is invaluable. As such, any report should pay for someone who can not access it. Let the payments be the tokens they created and have the information on this block chain be traded. This is the service they are trying to create. I think it would not be too bad to have brought a financial information management system to lead financial resources, because there are so many services focused on financial services. In summary, the service they are trying to create is an entire system where exactly the financial information is transferred.


 The Vision of Distributed Credit Chain Finance


The aim of Distributed Credit Chain finance will be cut the monopoly enjoyed by usual banks. Besides that, this novel type of banking structure will prize everyone who contributes to the development of the system. That way, they'll be incentivized to help develop this system. The ending goal is the formation of an inclusive economic system.Through the use of decentralization, the virtual Banking replica will change the company model used by present financial institutions. Instead, there'll be a P2P model of business that permits everyone from any area of the earth to contribute. In terms of commerce, it'll change the method we view asset, debt, and mediator business structures. Legal responsibility in business is going to be changed by circulated affluence management. The tree-like organization system utilized by conventional banking will also be developed. Instead will be a flat system of doing commerce. The outcome will be enhanced business effectiveness.In terms of the rule, the block-chain will hold that. The entire records will be saved on a block-chain that means they can't be changed. This will allow every controller to look at underlying assets in actual time and verify what's going on. Besides that, by utilizing huge information analysis organizations, controllers will be capable to see manufacturing risks in fine time and respond. 

How is their ICO going?

As I mentioned earlier, there are many cases in which the financial-related platform came out to create a service that people in the banking industry felt necessary in real life. And considering that these people are from finance, it is probably natural that they collect a lot of money. And the standard is always more than 10 billion won. And they have attracted investors by providing services that are not directly financial services but rather a little out of there. So they have already raised more than 20 billion won. And the public sale is about to start soon. I think their ICO is positive evaluation.

summary

To sum up, they launched a block chain related to finance and made investors feel attractive by slightly shifting their focus. So I think that many people have been interested in this and have already raised a lot of money. And, as always, I think that there is a need for investors to pay attention because ICO funding is more easily generated because there is a funding background.  

 For More info links:

Prepared by : gafman
https://bitcointalk.org/index.php?action=profile;u=1903236k

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