Distributed Credit Chain (DCC) ICO Review
Distributed Credit Chain (DCC) is the world’s first distributed banking public blockchain with a goal to establish a decentralized ecosystem for financial service providers around the world. By empowering credit with blockchain technology and returning ownership of data to individuals, DCC’s mission is to transform different financial scenarios and realize true inclusive finance.
Business Idea
Distributed Credit Chain (DCC) is the world’s first distributed banking public blockchain with a goal to establish a decentralized ecosystem for financial service providers around the world. By empowering credit with blockchain technology and returning ownership of data to individuals, DCC’s missio is to transform different financial scenarios and realize true inclusive finance.
Conceptually, a Digital Bank, through fair financial service, will aim to break the monopoly of traditional financial institutions and to return earnings from financial services to all providers and users involved in such services so that each participant who has contributed the growth of the ecosystem may be incentivized.. Digital Banking will ultimately be a way to truly achieve an inclusive system of finance.
Through decentralized thinking, Digital Banking will be able to change the cooperation model in traditional financial services, building a new peer-to-peer and all-communications model of cooperation across all regions, sectors, subjects and accounts. As it pertains to business, Digital Banking will completely transform traditional banking's debt, asset, and intermediary business structure. It will replace liability business with distributed wealth management, and substitute distributed credit and claims registration (for asset business) and distributed asset transaction (for intermediate business). The tree-like management structure of the traditional bank will thus evolve into the flat structure of a decentralized bank, establishing distributed standards for various businesses and improving overall business efficiency.
Advantage
Break the Monopoly
Decentralized Thinking
Transform Business Structure
Government Regulation
ICO release of 500 million tokens
The final allocation:
- 17% Private purchasers
- 5% ICO
- 28% Foundation
- 15% Market and Cooperation Agency and Consultants
- 15% Eco Reward
- 20% Management Team
Can’t participate: US and China.
TEAM
Stewie Zhu
- Bachelor in EE, Nanjing University; MA in statistics,
- Yale University M.s Statistics,
- Oxford University M.s in Financial Economics
- Ph.D. (Candidate) in Finance, London School Of Economics
- Research focusing on finance and game theory.
- Serial entrepreneur in the internet and Fintech industry
- Led a leading SaaS financial technology company in China to develop internet-based credit systems for over a dozen of trusts with multibillion USD annual loan facilitation amount, which was successfully sold to a publicly-listed company in three years.
Daniel Lu
- PhD in Mathematics, Yale University, USA; Postdoctoral Research in FinancialEngineering, focusing on the Representation Theory, University of Leipzig, Germany
- Head of investment banking and asset management, general manager of financialdepartment of a large commercial bank
- Years of experience in financial institutions at home and abroad, working successively at Deutsche Bank headquarters and Finance Department at a joint-stock bank headquarters.
- Possesses solid professional knowledge and research abilities, and has been invited to give keynote speeches at academic conferences and financial conferences in China and abroad. Specializes in capital & capital market business, asset management, bank assets and liabilities management, internal fund transfer pricing, product pricing, market risk management and modeling, financial derivatives pricing, and the Basel New Capital Accord in investment bank/commercial bank.
Stone Shi
- J.P. Morgan, Vice President, Quantitative Research, Focused on Derivative Pricing, Quantitative Model Risk
- HSBC, Internship, Rates, Educatio
- TELECOM, Ingenieur, Majored in Computer Science and Applied Maths
- Nanjing University, Majored in Electronic Science and Engineering
Vanessa Cao
- Years of experiences at Sequoia Capital,focus on early stage of fintech sector
- Director at Keywise Capital
- Partner at Bridge Capital , focus on China A-share listed companies M&A(mainly Fintech )
- Tsinghua University, MBA, CFA
- Vanessa is mainly focused on DCC program administration
Web: http://dcc.finance/
Telegram: https://t.me/DccOfficial
Facebook: https://www.facebook.com/Distributed-Credit-Chain-425721787866299/
Medium: https://medium.com/@dcc.finance2018
Reddit: https://www.reddit.com/r/dccofficial/
Twitter: https://twitter.com/DccOfficial2018/
Github: https://github.com/DistributedBanking/DCC
Telegram: https://t.me/DccOfficial
Facebook: https://www.facebook.com/Distributed-Credit-Chain-425721787866299/
Medium: https://medium.com/@dcc.finance2018
Reddit: https://www.reddit.com/r/dccofficial/
Twitter: https://twitter.com/DccOfficial2018/
Github: https://github.com/DistributedBanking/DCC
Whitepaper: http://dcc.finance/file/DCCwhitepaper.pdf
Author: Vincent
Admin Group Airdrop & ICO: https://www.facebook.com/groups/174689159952121/
My bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1190609
Myetherwallet: 0x5A68BedC4609AB68a2f14CD610B06786983Fe804
Myetherwallet: 0x5A68BedC4609AB68a2f14CD610B06786983Fe804
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