As the world is approaching and aiming higher internet speed and technology is unrelenting in making our lives easier, we see that improvement on the basic technology often leads to new and better utilization of the initial technology. A technology to note in this present moment is the blockchain technology, which recently has being gaining a lot of popularity and the interest in using this technology is getting increased. Among the reasons i would say is its way of securing data using mathematic and cryptographic concepts and technology.
As the world continues to get "complicated" in terms of data collection and it's usage, the need of for decentralization and automous ownership is not going to be an "off topic". Banking will pass as one of the most pressing part of human existence, as the need to use banking services which includes debiting or crediting account and getting loan among others, will in all expectancy expect a well documented and properly updated data to avoid a catastrophic relationship between the partcipating parties. The traditional banking system not portray decentralization, which leaves financial transactions at the mercy of monopolistic finacial institutions. You and I at this season of information heaviness will agree that decentralization is the way we need to go.
In this post i will like to introduce to you Decentralized Credit Chain DCC as the solution to having a decentralized and persononlize banking experience. Unilike the traditional banking system, Distributed banking system proviedes persononerlized and open banking,
✅ @sundaynectar, I gave you an upvote on your post! Please give me a follow and I will give you a follow in return and possible future votes!
Thank you in advance!