The technologies are getting developed and it is making innovations with it. The blockchain technology is the arguably the exciting and disruptive. It is connected with the cryptocurrency protocol headed by the underlying technology for the distributed ledger where the blockchain networks are receiving attention from a number of industries.
DCC or Distributed Credit Chain is the name of the blockchain networking service that ensures the empowerment of credit enabling finance in a secure, stable and chronological way led to the possible applications. DCC is been establishing the business stands reaching through the consensus on the books deployed for the business contracts implementing the liquidation by settling services for the distributed financial business.
Distributed Banking System
The process to digitalization will accelerate the internet transmission speeds with continuous accumulation by the distributed computing resources. This will have the application of mathematics and usage of cryptographic technologies in the digital era.
The factors will lead to foresee the future underlying the public chain based features of the blockchain. This will include the decentralization, openness, autonomy, irreversibility and privacy protection for the underlying public chain utilizing the distributed credit by reporting, debt registration, wealth management as well as asset transactions. The system will facilitate the business participation into different countries and regions across the world providing financial services in a convenient way. The virtual agency is based on the blockchain technology for the Distributed Banking emerging in the traditional bank. This will rather than integrating ecosystem for distributed financial services.
Traditional Financial Institution
The traditional financial institutions are breaking the monopoly by the concept of Distributed Banking. It is fair for the financial service and returns the earnings from the financial services. The providers and the users will have the involvement of the participants by the contribution to the growth of the ecosystem to incentivize the inclusive achievable finance.
The Distributed Banking System will have the ability to change the cooperation for the model into the traditional financial services to build a new peer-to-peer and all communications for the cooperation of model throughout the regions, sectors, subjects, and accounts.
Transformation
The transformation will pertain to the business for the Distributed Banking for a complete transformation to the traditional banking debt, asset, an intermediary for the business structure. This will have the replacement for the liability to the business along with the distributed wealth management system by the replacement for the asset for the business for the distributed asset transaction. The tree-like management structure through the Distributed Banking establishing distributed by the standardized businesses. This will have the improvement to the overall business efficiency.
The distribution of decentralized network pertains the disintermediation to break the original excessive premium by the result of information making it asymmetry through the intermediaries to return the premiums for the ecosystem. This will have the participants achieving the redistribution of the ecosystem valuation of fair distribution to the participants through the digital consensus algorithm.
The regulation will have the records for registration for the blockchain tempered enabling the regulations of penetrating the underlying assets in real time. It will comply with the big data analysis to emphasize the regulatory bodies by the understanding of the response to the industrial risks quickly based on the blockchain data analysis. It will possibly have the development for the Basel Accord to the management system for the blockchain-distributed banks.
Website : http://dcc.finance/
Whitepaper : http://dcc.finance/file/DCCwhitepaper.pdf
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