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Dcc: Finding a Way in Dealing with the Difficulty of Funding

Essay details

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Table of Contents

  • Overview
  • What is DCC?
  • The Aim
  • The solution
  • The Benefits
  • Conclusion

Overview

Being intelligent financially does not come easy; it requires some level of finance knowledge. This was why most people invest wrongly due to the lack of proper finance knowledge. The emergence of cryptocurrency is alternative means in knowing how money works. We are in digitalized economy therefore, it is necessary knowing how can our financial strength can be better than it used to be.

However, the system of finances is really moving in a very fast pace of destroy itself not until the advent of blockchain decentralized platform. When you have the needed knowledge towards how to invest rightly I can tell you it’s a step closer to financial breakthrough.

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Have you thought sourcing for a financial grant towards moving that plans of yours to the level you’ve been envisaging so far; but due to the obstacles in lacked of grant involves can delay this plans of yours? In our today’s world, there is enormous uncertainties involves when sourcing for financial grant which includes exploitation due to monopoly , lack of access to the funds, very high rate of charges thereby ensuring the borrowers getting more richer at the expenses of the poor folks.

What of if I introduce you a platform that will provide solution to this aforementioned problems. That’s great right? It is Distributed Credit Chain (DCC).

What is DCC?

Direct Credit Chain was the first to study and develop a decentralized funding service that can change the way things are being done in the common financial institution by offering a suitable commercial assistance like grant and security. As important as it is, DCC was develop to ease the means of business deals by leveraging on the technology to reduce service charge, transaction delay which will completely lacks in exploitation or hidden charges.

The Aim

DCC will ensure that the meetings of people for financial purpose can becomes easier by the use of decentralized means of internet system of banking that will benefit everyone.

The solution

DCC came with full aggressive force to correct the error of the financial industry from exploiting the fund seekers. The brain behind this was to making transaction by the token whereby the user data will now be on the blockchain.

The Benefits

  • No more reporting force credit: Now sourcing for global contributors by companies is easy but bank regulations and security of data will be improved upon by transforming the creditor’s records globally.
  • Fraud Prevention: It will make sure that each transaction is logged properly and can be tracked to unravel any case of fraud. User will now have the real visibility of how a credit is being recorded on your profile.
  • No Monopoly: Activities of monopoly is now a thing of the past because the data will be within the means of blockchain; and everyone can now make participation. With it can now be easy in differentiating a desperado from the real lenders.

Conclusion

Direct Credit Chain was the first to study and develop a decentralized funding service that can change the way things are being done in the common financial institution by offering a suitable commercial assistance like grant and security. It will be beneficial to those financial observers who are seeking the needed transaction data whereby they can use the data information in getting a holistic view.

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