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Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][DCC][Weekly Update]Distributed Credit Chain — December 19, 2018]
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on: December 20, 2018, 06:46:36 AM
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DCC Weekly Update — December 19, 2018DCC Around the WorldDCC at WBS MARVELSOn December 12, we attended World Blockchain Summit MARVELS Seoul ’18 with representatives from the Korean government, congress, industrial organizations as well as key influencers in blockchain and finance, such as the CEO of Huobi Korea. At the DCC booth, we met numerous investors, experts and entrepreneurs, who shared with us feedback and suggestions on our project. Thank you for the insight! Vietnam Blockchain DayOn December 16, our team joined over 1,000 attendees from 15 countries at Vietnam Blockchain Day in Hanoi, an international conference focused on the landscape of the blockchain industry. In addition to fruitful discussions on the application of blockchain in various industries, we also talked about trends in STOs and regulation with investors and startup owners from Vietnam, Thailand, China, Singapore, Japan and Korea. What’s the Latest Buzz?Coinmonks Reviews DCCCoinmonks, an influential blogger on Medium, highlighted DCC in the second iteration of his latest blockchain series, entitled, The Cities Leading in Blockchain: Shanghai-Part 2( https://medium.com/coinmonks/the-cities-leading-in-blockchain-shanghai-part-2-e3862b864432) and explains how we try to solve the long-existing problems in traditional loan services. The article also provides a friendly introduction of DCC, including our IPFS framework for personal information management. It also mentions some of our strategic partnerships, which have been supporting us in terms of data security, transaction efficiency and ecosystem development. Community NewsDCC Vietnam — Weekly ChallengeContinue to participate in our weekly challenge on DCC Vietnam’s telegram channel! Question for this week: What’s the name of the event in this photo? Hint: we attended it on December 12. DCC Now on Steemit!We’re on Steemit! Visit our page( https://steemit.com/@dcc-official) and learn more about our latest progress. Tech DevelopmentsThe DCC PlatformWe’ve optimized our IPFS data storage and relevant smart contracts. Now, users can establish their own IPFS nodes to store data and store the data index on the DCC mainnet. Users can also maintain their private keys on DCC, which makes decentralized credit data management easier. BitExpress Updates- The 4th fixed-rate deposit program on BitExpress exceeded expectations and has concluded on December 10 due to high demand. Customers who have successfully entered the program can view their returns on the DApp. -Users will soon be able to invite friends and receive bonus rewards in the “Secret Garden” section. Stay tuned for the next update. - The BitExpress Vietnam app has launched in the Vietnamese iOS App Store for. Currently, the tech team is working on optimization. The App enables users to digitize their personal identity data via the DCC verification logic. - Searchain, an asset analytics function, is now up and running on BitExpress. Users can look up ethereum addresses of exchanges and projects, as well as the top 500 richest bitcoin addresses. What’s News in Blockchain-South Korean Government Trials Blockchain for Shipping Efficiency Boost https://www.coindesk.com/south-korean-government-trials-blockchain-for-shipping-efficiency-boost-Coinbase Adds Crypto-to-Crypto Trading for Retail Customers https://www.coindesk.com/coinbase-adds-crypto-crypto-trading-pairs-for-retail-customers-United Kingdom Releases Tax Advice for Cryptocurrency Investors https://cointelegraph.com/news/united-kingdom-releases-tax-advice-for-cryptocurrency-investors-Ex-Goldman Exec Sees Better Days Ahead for Crypto as Institution-Focused Crypto Brokerage https://www.ccn.com/ex-goldman-exec-sees-better-days-ahead-for-crypto-as-institution-focused-crypto-brokerage-launches/Recommended DCC Reading-Is fast-moving South Korea shaping up to become a blockchain utopia? http://bit.ly/SZCoinRivet06-DCC: Distributed Credit Chain — Transforming Financial Transactions Today https://medium.com/talkbitcointalk/dcc-distributed-credit-chain-ca2793ea0cf4-Deciphering DCC — Cipher Tang’s Interview with Mars Blockchain https://medium.com/dccblog/deciphering-dcc-cipher-tangs-interview-with-mars-blockchain-400cff63f250Previous Newsletters-DCC Weekly Update — December 13, 2018 https://medium.com/dccblog/dcc-weekly-update-december-13-2018-eaa1dbf030f6-DCC Weekly Update — December 5, 2018 https://medium.com/dccblog/dcc-weekly-update-december-5-2018-f56af0690ceb-DCC Weekly Update — November 30, 2018 https://medium.com/dccblog/dcc-weekly-update-november-30-2018-9536214f7229Trade DCC on Kucoin 📈Deposit Guidehttp://bit.ly/Kucoin-Deposit-GuideRegistration Guide http://bit.ly/Kucoin-Registration-GuideTrading Guide http://bit.ly/Kucoin-Trading-GuideConnect with DCC (English):Telegram Group 1: https://t.me/DccOfficialBitcointalk: https://bitcointalk.org/index.php?topic=3206007.msg33290945#msg33290945Facebook: https://www.facebook.com/Distributed-Credit-Chain-425721787866299/
Medium: https://medium.com/@dcc.finance2018/Reddit: https://www.reddit.com/r/dccofficialTwitter: https://twitter.com/DccOfficial2018
YouTube: https://www.youtube.com/channel/UCX0Y5MQwTLGPtIP1jAJm9NgDCC를 만나보세요 (한국어):Twitter: https://twitter.com/DCC_Korea_2018Facebook: https://www.facebook.com/DCC-Korea-169548653734897/Kakao: https://open.kakao.com/o/gqc0GXM
Telegram: https://t.me/dcckorea
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Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][DCC][Weekly Update]Distributed Credit Chain — December 13, 2018]
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on: December 14, 2018, 02:06:28 AM
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DCC Weekly Update — December 13, 2018DCC Around the WorldDCC Attends WBS MARVELS in SeoulInvited by the hosts, DCC will participate in World Blockchain Summit MARVELS Seoul 2018( https://wbmarvels.com/), where over 1,200 blockchain professionals from more than 20 countries will gather and share ideas on the development of blockchain. Mark your calendars, and visit our booth on December 12–13! Blockchain Innovation & Networking Kickoff PartyOn December 10, our US team joined Fintech Connector( https://www.fintechconnector.com/) and Bitcoin Diamond( https://www.bitcoindiamond.org/) at the Blockchain Innovation & Networking Club( https://www.meetup.com/Blockchain-Innovation-Networking-Club/) (BINC) Kickoff Party. We had a busy evening mingling with blockchain practitioners, fintech industry professionals, and representatives from investment firms around the world. In addition, the keynote delivered by our PR Director received great feedback from participants! What’s the Latest Buzz?DCC on TalkBitcoinTalkIn Stewie’s recent interview with TalkBitcoinTalk( https://medium.com/talkbitcointalk), he introduces DCC’s mission and vision, our strengths, as well as the background of our core team members. Click here( https://medium.com/talkbitcointalk/dcc-distributed-credit-chain-ca2793ea0cf4) to view the full interview. The Stewie Zhu ColumnIn his latest article on CoinRivet( https://coinrivet.com/), Stewie introduces the landscape of the Korean blockchain market. He talks about tax policies, regulation for digital asset exchanges, and financial support programs for blockchain projects. Click here( https://coinrivet.com/is-fast-moving-south-korea-shaping-up-to-become-a-blockchain-utopia/) to know more about this dynamic market! Community NewsA big shout out to our Vietnamese community members! Please check out the DCC Vietnam telegram channel to see if you are among the winners of the latest trivia quiz. Also, make sure to follow DCC Vietnam( https://www.facebook.com/DCCVietnamOfficial/) on Facebook so that you won’t miss the next games! Tech DevelopmentsThe DCC Platform-We’ve completed data synchronization for the DCC-based STO platform. Now, we’re focused on the development of the data display function for asset management. -Our developers have just made several adjustments to the IPFS cloud storage function, which makes it easier to maintain a record of data verification results. BitExpress Updates-The development team is adjusting BitExpress Vietnam to prepare for launch on the Apple App Store. -The credit loan services on BitExpress will be available by mid-December. -Now, users can harvest more rewards in the “Secret Garden” section. Feel free to answer trivia questions and win more sunshine for your garden. With enough sunshine, you can redeem candies! -Please also stay tuned for further updates, which will enable users to share rewards with friends who joined via invitation. -The 4th Deposit & Earn program is now open for enrollment. This fixed-rate, fixed-term product allows DCC users to grow their digital wealth at low risk. What’s News in BlockchainGermany’s Second Largest Stock Exchange is Launching a Zero-Fee Crypto Exchange https://www.coindesk.com/major-german-stock-exchange-to-launch-crypto-trading-platformHyperledger Onboards 12 New Members Including Alibaba Cloud, Deutsche Telekom and Citi https://cointelegraph.com/news/hyperledger-onboards-12-new-members-including-alibaba-cloud-deutsche-telekom-and-citiVenezuela Converts Pension Bonuses into State-Issued Crypto Petro https://cointelegraph.com/news/report-venezuela-converts-pension-bonuses-into-state-issued-crypto-petroRecommended DCC ReadingIs fast-moving South Korea shaping up to become a blockchain utopia? http://bit.ly/SZCoinRivet06DCC: Distributed Credit Chain — Transforming Financial Transactions Today https://medium.com/talkbitcointalk/dcc-distributed-credit-chain-ca2793ea0cf4Deciphering DCC — Cipher Tang’s Interview with Mars Blockchain https://medium.com/dccblog/deciphering-dcc-cipher-tangs-interview-with-mars-blockchain-400cff63f250Previous NewslettersDCC Weekly Update — December 5, 2018 https://medium.com/dccblog/dcc-weekly-update-december-5-2018-f56af0690cebDCC Weekly Update — November 30, 2018 https://medium.com/dccblog/dcc-weekly-update-november-30-2018-9536214f7229DCC Weekly Update — November 21, 2018 https://medium.com/dccblog/dcc-weekly-update-november-21-2018-741bcd3efdb7Trade DCC on Kucoin 📈Deposit Guidehttp://bit.ly/Kucoin-Deposit-GuideRegistration Guide http://bit.ly/Kucoin-Registration-GuideTrading Guide http://bit.ly/Kucoin-Trading-GuideConnect with DCC (English):Telegram Group 1: https://t.me/DccOfficialBitcointalk: https://bitcointalk.org/index.php?topic=3206007.msg33290945#msg33290945Facebook: https://www.facebook.com/Distributed-Credit-Chain-425721787866299/
Medium: https://medium.com/@dcc.finance2018/Reddit: https://www.reddit.com/r/dccofficialTwitter: https://twitter.com/DccOfficial2018
YouTube: https://www.youtube.com/channel/UCX0Y5MQwTLGPtIP1jAJm9NgDCC를 만나보세요 (한국어):Twitter: https://twitter.com/DCC_Korea_2018Facebook: https://www.facebook.com/DCC-Korea-169548653734897/Kakao: https://open.kakao.com/o/gqc0GXM
Telegram: https://t.me/dcckorea
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Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][DCC][Weekly Update]Distributed Credit Chain — December 5, 2018]
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on: December 06, 2018, 02:07:05 AM
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DCC Weekly Update — December 5, 2018DCC Around the WorldDCC Meets ARPA at NYUOn November 29, we met with the ARPA team at NYU’s Leslie Elab. ARPA is a privacy-preserving computation and secure data sharing protocol compatible with blockchains. It was great listening to Felix Xu, CEO of ARPA, share his experience in privacy protection and blockchain. DCC Joins SMC Capital to Discuss STOsOur team also participated in a meetup jointly hosted by SMC Capital and Galaxa, where we met with representatives from Huobi, Bgogo and other leading investment firms specializing in cryptocurrencies. Focused on topics around STOs, the speakers shared their insight and predictions. DCC Meets Blocktower Capital at Fordham Law SchoolThat evening, we visited Fordham University School of Law and joined Michael Bucella from Blocktower Capital( https://www.blocktower.com/), a leading cryptoasset management firm, for a discussion on cryptocurrency and blockchain investing. Tech DevelopmentsThe DCC Platform-As we continue to develop the STO function based on the DCC chain, we are collaborating with several exchanges and constructing a platform to display data for asset management. -At the same time, we are also finalizing the dual-encryption section of the DCC-based framework for personal data management. -Vietnamese developers and users will soon be able to access the smart contract for personal data verification. Please stay tuned! BitExpress-The “Secret Garden” on BitExpress will be released as soon as the verification process concludes. It will launch as part of BitExpress, and also as an individual mini-program on WeChat. -The team is re-constructing collateral loan services and continues to develop credit loan services. -Following its soft launch, BitExpress Vietnam is currently being tested. We’re working hard to make it more efficient in cross-border transactions. What’s News in Blockchain7 Major EU Countries to Go Big on Blockchain: What It Means for Crypto https://www.ccn.com/7-major-eu-countries-to-go-big-on-blockchain-what-it-means-for-crypto/Treasury Official: Global Regulators Must Follow US Lead in Crypto Enforcement https://www.coindesk.com/treasury-official-global-regulators-must-follow-us-lead-in-crypto-enforcementBinance Releases 2nd Decentralized Exchange Preview https://cointelegraph.com/news/binance-releases-2nd-decentralized-exchange-preview-after-binance-chain-newsRecommended DCC ReadingDeciphering DCC — Cipher Tang’s Interview with Mars Blockchain https://medium.com/dccblog/deciphering-dcc-cipher-tangs-interview-with-mars-blockchain-400cff63f250The status of global crypto regulation — Coin Rivet http://bit.ly/SzCoinRivet04Crypto’s institutional investment problem — Coin Rivet http://bit.ly/SZCoinRivet03Previous NewslettersDCC Weekly Update — November 30, 2018 https://medium.com/dccblog/dcc-weekly-update-november-30-2018-9536214f7229DCC Weekly Update — November 21, 2018 https://medium.com/dccblog/dcc-weekly-update-november-21-2018-741bcd3efdb7DCC Weekly Update — November 14, 2018 https://medium.com/dccblog/dcc-weekly-update-november-14-2018-88f24de8cedaTrade DCC on Kucoin 📈Deposit Guidehttp://bit.ly/Kucoin-Deposit-GuideRegistration Guide http://bit.ly/Kucoin-Registration-GuideTrading Guide http://bit.ly/Kucoin-Trading-GuideConnect with DCC (English):Telegram Group 1: https://t.me/DccOfficialBitcointalk: https://bitcointalk.org/index.php?topic=3206007.msg33290945#msg33290945Facebook: https://www.facebook.com/Distributed-Credit-Chain-425721787866299/
Medium: https://medium.com/@dcc.finance2018/Reddit: https://www.reddit.com/r/dccofficialTwitter: https://twitter.com/DccOfficial2018
YouTube: https://www.youtube.com/channel/UCX0Y5MQwTLGPtIP1jAJm9NgDCC를 만나보세요 (한국어):Twitter: https://twitter.com/DCC_Korea_2018Facebook: https://www.facebook.com/DCC-Korea-169548653734897/Kakao: https://open.kakao.com/o/gqc0GXM
Telegram: https://t.me/dcckorea
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Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][DCC][Weekly Update]Distributed Credit Chain — November 30, 2018]
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on: December 03, 2018, 10:08:43 AM
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DCC Weekly Update — November 30, 2018 DCC Around the WorldBlockchain Events in NYCThis week, our team in New York has been busy attending several blockchain-focused events:  On November 27, we joined Cointelegraph( https://cointelegraph.com/) at its private cocktail party. As one of the leading blockchain-focused media outlets in the world, Cointelegraph provides a platform for the blockchain and cryptocurrency community to learn and grow. We had a great evening networking with so many incredible professionals in our industry, and seeing many familiar faces!   The team was quite busy as that evening, we also attended the 2018 Fintech and Blockchain Social Night NYC, hosted by Spark Blockchain Incubator( https://sparkincu.com/), Krypital( https://krypital.com/) Group and GXChain( https://www.gxb.io/en/). This event brought together institutional investors, family offices, hedge funds, asset allocators and service providers to discuss the crypto investment market and predict trends in digital asset management.   On November 28, we met with tech experts and entrepreneurs at USDO Meetup — Money of the Future, an event co-hosted by Bgogo and USDO. We learned about an emerging exchange that reduces the burden of listing fees and is the first to implement the stable coin, USDO.   That same night, we also attended Crypto Briefing Connect, which featured speakers from Wachsman, Bgogo Exchange, Crypto Briefing and Dekrypt Capital. The event focused on the survival of crypto during this bear market from the perspectives of blockchain companies, exchanges and VC firms. The Stewie Zhu ColumnIn his CoinRivet column, Cross-border Payments is One of the Hottest Issues in Blockchain Banking( http://bit.ly/SZCoinRivet05), Stewie shared his views on the application of blockchain technology in cross-border payment services. Click here( http://bit.ly/SZCoinRivet05) to learn more about how blockchain technology can replace banks and help improve the existing payment process through increased security and efficiency.  Tech DevelopmentThe DCC PlatformWe’re developing STO functionality based on the DCC chain. Currently, we’ve connected with several exchanges. Our tech team is constructing the platform to display data for asset management. Vietnamese users will soon get access to the personal data verification services supported by DCC-based smart contracts. BitExpressThe new section on BitExpress, Secret Garden, is now going through the verification process together with its mini-program supported by WeChat. Following this final step, the updated app and the mini-program will launch at the same time. The BitExpress team has started to reconstruct its collateral loan section. The credit loan section is also under development. Developers are testing BitExpress Vietnam and fixing some issues caused by cross-border data communication. What’s News in BlockchainChinese Mining Giant Bitmain Releases ‘Crypto Index’ Tracking Bitcoin, 16 Altcoin Prices https://cointelegraph.com/news/chinese-mining-giant-bitmain-releases-crypto-index-tracking-bitcoin-16-altcoin-pricesAmerican Tech Giant Intel Files New Patent for Energy-Efficient Bitcoin Mining https://cointelegraph.com/news/american-tech-giant-intel-files-new-patent-for-energy-efficient-bitcoin-miningFidelity Looking to Expand Digital Asset Trading Beyond Bitcoin and Ether https://www.coindesk.com/fidelity-looking-to-expand-digital-asset-trading-beyond-bitcoin-and-etherRecommended DCC ReadingDeciphering DCC — Cipher Tang’s Interview with Mars Blockchain http://bit.ly/Cipher01Cross-border payments is one of the hottest issues in blockchain banking http://bit.ly/SZCoinRivet05The status of global crypto regulation http://bit.ly/SzCoinRivet04Previous NewslettersDCC Weekly Update — November 21, 2018 http://bit.ly/Dcc1121DCC Weekly Update — November 14, 2018 http://bit.ly/Dcc1114DCC Weekly Update — November 7, 2018 http://bit.ly/Dcc1107Trade DCC on Kucoin 📈Deposit Guidehttp://bit.ly/Kucoin-Deposit-GuideRegistration Guide http://bit.ly/Kucoin-Registration-GuideTrading Guide http://bit.ly/Kucoin-Trading-GuideConnect with DCC (English):Telegram Group 1: https://t.me/DccOfficialBitcointalk: https://bitcointalk.org/index.php?topic=3206007.msg33290945#msg33290945Facebook: https://www.facebook.com/Distributed-Credit-Chain-425721787866299/
Medium: https://medium.com/@dcc.finance2018/Reddit: https://www.reddit.com/r/dccofficialTwitter: https://twitter.com/DccOfficial2018
YouTube: https://www.youtube.com/channel/UCX0Y5MQwTLGPtIP1jAJm9NgDCC를 만나보세요 (한국어):Twitter: https://twitter.com/DCC_Korea_2018Facebook: https://www.facebook.com/DCC-Korea-169548653734897/Kakao: https://open.kakao.com/o/gqc0GXM
Telegram: https://t.me/dcckorea |
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Alternate cryptocurrencies / Altcoin Discussion / [DCC][Deciphering DCC — Cipher Tang’s Interview with Mars Blockchain]
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on: November 28, 2018, 08:35:00 AM
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Deciphering DCC — Cipher Tang’s Interview with Mars BlockchainConsidering the technology available at the moment, including the capacity of blockchain and the application of smart contracts, blockchain can be a great fit for credit loan services — this is why the DCC team decided to build an inclusive infrastructure to make finance and tokens more accessible, to activate the whole ecosystem. — Cipher Tang, CTO of DCC The Interview
Q: DCC is building a public chain which will ultimately become an ecosystem for banking services. Currently, DCC is positioned as the infrastructure for credit and lending. Could you share with me the rationale behind this positioning?A: We’ve been serving companies in the financial industry for a long time. We used to develop payment and settlement solutions, design accounts, construct basic services for P2P lending platforms, and work in consumer finance. Basically all of our projects fell within the scope of ecosystem development. We came to realize that most problems were caused by the ownership of data, which was usually controlled by big financial institutions. This monopoly has been shaping the financial industry, creating a subtle “confrontation” between customers and businesses. In addition to data monopoly and informational barriers, P2P lending also has its own problems, such as the lack of data transparency, which can lead to fraud. Based on our experience and observations, we believe that the cause lies in the bottom of the whole industry, which is the system for credit record maintenance. Since the beginning of last year, we’ve been thinking about applying the logic of bitcoin in credit. Bitcoin enables users to control the ownership of currencies. What if something similar happens in the world of credit? If individual customers can control, transfer and verify their own credit data, then the whole credit system will evolve — customers will have more power, while the power of businesses will be limited. The result will be a more thorough reformation in financial services, changing many things like the structure of costs. We want to see this reformation happen, so we started our own project with a focus on credit and lending. Considering the technology available at the moment, including the capacity of blockchain and the application of smart contracts, blockchain can be a great fit for credit loan services. If we work to serve decentralized mass payments, judging from my own experience, there’s hardly any existing blockchain system that can meet all the requirements. Therefore we’re not in a rush to dive into payment and settlement. At the moment, we are focusing on credit and lending. Q: The establishment of a credit system can take a long time, as it requires a mass amount of data from many dimensions. How would you tackle this challenge?A: Let me begin by explaining our logic. There are two types of data providers — those who provide credit data, and those who provide scenario data, such as travel data. Some of these providers process a lot of data for users, but not all of them are fully licensed or regulated. What we want to do is help users maintain and share their own credit data, based on the DCC framework, which allows individual customers to interact directly with data providers. This framework also facilitates the standardization of data. Users enter their data using a template, and then maintain their information with data service providers. In other words, users provide the initial content for their own credit profiles. This model provides multiple benefits. First of all, as the users directly confirm their information in the authorization process, there’s no need for any indirect confirmation process. Second, since the data is maintained by both sides, we can match the information with relevant people or parties, which makes the data more reliable. Third, users can delete their own credit data whenever needed, because they now control the use of their own profiles. Additionally, our framework only stores encrypted summaries of people’s credit record, so it does a good job protecting user privacy. The construction of the DCC framework is a continuous process. We’d like to incorporate more types of data into the DCC ecosystem, instead of only including credit data. The more diverse our data sources are, the more effective and practical our ecosystem will become. Q: If you are storing a user’s credit history on the blockchain, do you need the authorization from the user and the producer of such data?A: Yes, but this authorization doesn’t have to be permanent. If users have the right to use their data, whose validity has been confirmed, then no institutions can limit the verification and transactions of such data in the future. Even if the initial data provider has run out of business or quit the chain, the record is still theoretically valid, which contains the owner’s identity as well as the parties who have previously verified the information. We have started to connect databases of our Vietnamese users’ personal information, such as their ID, passport and driver’s license. Our team in China has already finished the incorporation of various data points, including a social security payment record, education record and anti-fraud data supported by Tongdun. Now we’re running tests on the integrated database. Q: The blockchain stores summaries of credit record. So where do users store their original data?A: The original data is stored on the user’s side, currently in the app. We’re now developing an IPFS-based cloud storage plan, which enables users to store their credit data in an individual space, which is completely in their control. At the same time, storing data on the cloud facilitates the interaction of data across different devices and apps. Q: Speaking of security, we think of not losing the data while protecting privacy. How would you describe the security level of IPFS-based cloud storage?A: Decentralized data storage means the user can access data with a private key, instead of having a centralized intermediary get the information. After researching a few other options we decided to use IPFS, which is the most practical solution available at the moment. We’re testing the stability and speed of an IPFS public chain, to see if it could meet our needs. Q: Have you launched the DCC mainnet?A: Yes. As you can see in our whitepaper, we have a two-phase plan for our mainnet. The current mainnet belongs to the first phase, and it has been up and running for over eight months. Its data can be found on the Explorer section of our website. For the second phase, we’re developing a new public chain system, which has a structure similar to the Stellar Consensus Protocol. Moving forward, we’ll try to improve its efficiency and adjust the design of the accounts to fit the needs of the financial industry. In the current phase, we’re focusing on the development of business logic, which can directly involve the user. Although the user cannot participate in the bookkeeping process, the user is the only authorized person who can initiate all the actions. Q: What makes users, banks and other financial institutions want to land on the chain? How does DCC motivate them? You know, only when there are a number of members in the ecosystem, can it really form a credit network and do its job.A: If on-chain data storage is the only difference we make, service providers may not find it necessary to get onto our chain because they don’t care about this. What makes them willing to join our ecosystem is that our blockchain facilitates the lending process by enhancing data security, lowering service costs and improving efficiency. All participants can benefit from the DCC ecosystem — individual customers, lending institutions and data service companies. Q: So how’s the onboarding process going?A: For banks, it may be hard to accept and use DCC, since there can be a lot of challenges in system integration. We did some research and found that blockchain’s strength lies in cross-border credit. The practice of cross-border data transactions are regulated by laws. However, if it is the individual that possesses the data, that person can share such data internationally without breaking any laws. In other words, users can decide how to share their own properties. The largest internet finance company in Korea is very interested in this idea because they would like to attract Chinese customers to borrow from Korean lending institutions. However, we can only build up our competitive edge by having more institutions in our ecosystem. A single member won’t make much difference. Currently, we’re speaking with credit and lending institutions in Korea, Vietnam, Indonesia and other Southeast Asian countries, to invite them to share data using our ecosystem. We plan to provide two sets of services — one includes data sharing and verification, and the other is providing lending. Institutions can use both sets at the same time to compare with their old ways of doing business. The incorporation of our services won’t involve much adjustment in the backend, which makes adoption easier on the institution’s side. In the beginning, we may need to help partners and users navigate the platform, but we’ll have more members moving into the DCC ecosystem in the long term, as it effectively reduces lending costs by lowering interest rates. Q: It can take a long time to construct an ecosystem. Does DCC have a roadmap?A: In the second half of this year, we’ll connect with more data sources and interact with more potential partners. In terms of timeline, we believe that we need about three years to create a competitive edge. From a technical perspective, we’re not in a rush. Users also need some time to accept all the changes. In China, few people fully understand what it means to maintain one’s credit data. We need to first help people realize the danger of credit data breaches, and then invite them to learn more about the authorization process and usage of credit data. Speaking of information security, there will be more regulation for personal data protection. Therefore, I believe that the exchange of information between businesses will be more concentrated in the future. Now, it is still pretty fragmented. Q: Are there any DApps currently connected to DCC’s chain?A: Yes. The first DApp on our chain is Haorenpin, which launched in March. It focuses on lending while also providing credit information inquiry and management services in the Chinese market. It uses the DCC network to keep and send data. In May, BitExpress launched on our chain. This is a DApp developed by an independent team, specializing in credit-based crypto loans. Users can maintain their own credit data, apply for loans in cryptocurrencies including DCC, ETH and EOS, and maintain their loan history on the chain. Q: What’s the role of token in this ecosystem?A: Traditionally, the cost of lending consists of two parts. The first one is interest, which is related to what you borrow. For example, if I want to borrow US dollars, then the interest I pay must be in US dollars as well. If I borrow Chinese yuan then I’ll pay my interest in the same currency. The second part of lending cost is the cost of service. Lenders used to mix these two things and charge interest based on the sum. In our system, users maintain their credit data by themselves, and may need to pay fees to various service providers, both domestic and international. Therefore, we plan to separate service costs from interest costs to make things easy and clear. Borrowers still pay their loan interest in the corresponding fiat currencies, but we want to introduce a utility token for the payment and settlement of services in the ecosystem. The incorporation of this token is very important because we can only realize decentralization when we find a way to separate the costs of loan interest and loan service fees. Otherwise we’ll become another fiat currency loan service provider. In other words, it’s the token that supports the ecosystem while making it more flexible. As users and service providers use the token, they’re also activating the ecosystem. Theoretically, when this ecosystem grows bigger, or generates more service fees, the token will have greater liquidity and value. Also, there will be more potential for us to explore additional value of the token within the current financial system. Therefore, we believe the incorporation of the DCC token will help us activate the DCC ecosystem more effectively than simply using the blockchain technology. The use of tokens is highly necessary for the long-term development of an ecosystem like ours. DCC (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. Connect with DCC (English):Telegram Group 1: https://t.me/DccOfficialBitcointalk: https://bitcointalk.org/index.php?topic=3206007.msg33290945#msg33290945Facebook: https://www.facebook.com/Distributed-Credit-Chain-425721787866299/Medium: https://medium.com/@dcc.finance2018/Reddit: https://www.reddit.com/r/dccofficialTwitter: https://twitter.com/DccOfficial2018
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Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][DCC][Weekly Update]Distributed Credit Chain — November 21, 2018]
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on: November 22, 2018, 06:26:04 AM
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DCC Weekly Update — November 21, 2018Happy Thanksgiving to the entire DCC Community!We have a lot to be grateful for this Thanksgiving — did you know that: We’re currently listed on 7 exchanges including: Bibox, KuCoin, Dex.top, Bithumb, Kyber, and Allbit. The block height of the DCC mainnet has exceeded 1,090,000. Since we are entering a new market frontier in Indonesia, here’s a fun fact: A study made by the Institute for Development of Economics and Finance (INDEF) and the Indonesian FinTech Association (Aftech) showed that online lending created 250,000 jobs in Indonesia and contributed up to the US $1.7 billion of GDP growth.  DCC Around the WorldBlock Plus Summit — Token Economy and Financial MarketOn November 11, the DCC team attended Block Plus Summit at Fordham University in New York, to discuss multiple issues with experts from the blockchain industry — token economy, STOs and blockchain’s influence on the current financial market. We also learned a lot from professors, investors and leaders at tech VC firms.  Community NewsCheck out our Korean newsletter( https://medium.com/dccblog/dcc-%EC%A3%BC%EA%B0%84-%EB%89%B4%EC%8A%A4-2018%EB%85%84-11%EC%9B%94-12%EC%9D%BC-2018%EB%85%84-11%EC%9B%94-18%EC%9D%BC-ae6e46b1a5d9) to see if you are one of the winners in the weekly quiz ! Tech DevelopmentsThe DCC PlatformWe’re working with several cryptocurrency exchanges to develop an STO platform based on the DCC chain. The smart contract for Vietnamese personal information verification is about to be available on the Open Platform. We’re developing the dual-encryption section of the DCC-based framework for personal data management. BitExpressWe’re testing the “Secret Garden” section, which will launch by the end of November. As we re-design the crypto loan products on BitExpress, we’ll be adding more credit loan services to the app. BitExpress Vietnam will be up and running by early October! We expect to release the Android version first, followed by the iOS version. What’s News in BlockchainCrypto Insurance Is Hard to Come By. Unless You’re Coinbase https://www.coindesk.com/the-crypto-insurance-market-may-total-6-billion-thats-nowhere-near-enoughNYSE Owner Delays Bakkt Bitcoin Futures Launch to 2019 https://www.ccn.com/newsflash-nyse-owner-delays-bakkt-bitcoin-futures-launch-to-2019/VanEck Subsidiary Launches Bitcoin US OTC Spot Index https://www.livebitcoinnews.com/vaneck-subsidiary-launches-bitcoin-us-otc-spot-index/Recommended DCC ReadingCross-border payments is one of the hottest issues in blockchain banking http://bit.ly/SZCoinRivet05The status of global crypto regulation http://bit.ly/SzCoinRivet04Crypto’s institutional investment problem http://bit.ly/SZCoinRivet03Previous NewslettersDCC Weekly Update — October 24, 2018 https://medium.com/@dcc.finance2018/dcc-weekly-update-october-24-2018-237de1e1598DCC Weekly Update — October 16, 2018 https://medium.com/@dcc.finance2018/dcc-weekly-update-october-16-2018-7ff5be89675dTrade DCC on Kucoin 📈Deposit Guidehttp://bit.ly/Kucoin-Deposit-GuideRegistration Guide http://bit.ly/Kucoin-Registration-GuideTrading Guide http://bit.ly/Kucoin-Trading-GuideConnect with DCC (English):Telegram Group 1: https://t.me/DccOfficialBitcointalk: https://bitcointalk.org/index.php?topic=3206007.msg33290945#msg33290945Facebook: https://www.facebook.com/Distributed-Credit-Chain-425721787866299/
Medium: https://medium.com/@dcc.finance2018/Reddit: https://www.reddit.com/r/dccofficialTwitter: https://twitter.com/DccOfficial2018
YouTube: https://www.youtube.com/channel/UCX0Y5MQwTLGPtIP1jAJm9NgDCC를 만나보세요 (한국어):Twitter: https://twitter.com/DCC_Korea_2018Facebook: https://www.facebook.com/DCC-Korea-169548653734897/Kakao: https://open.kakao.com/o/gqc0GXM
Telegram: https://t.me/dcckorea |
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Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][DCC][Weekly Update]Distributed Credit Chain — November 14, 2018
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on: November 15, 2018, 02:12:16 AM
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DCC Weekly Update — November 14, 2018 DCC Around the WorldPeople’s Bank of China Welcomes the Winklevii Brokers in Beijing!On November 7, DCC facilitated a closed-door meeting for Tyler and Cameron Winklevoss, co-founders of Gemini( https://gemini.com/about/), at the Museum of Fintech in Beijing where they met with Ms. Xiaoling Wu, of the People’s Bank of China, Dr. Wei Wang, advisor of the China Blockchain Application Center (CBAC), Ms. Tong Yu, president of the Museum of Fintech, as well as entrepreneurs in the Chinese internet industry. Hosted by our very own Stewie Zhu, who is also Executive Director of CBAC, the meeting focused on the development and regulation of stablecoins. and insight into best practices in the US and China.  DCC at the World Blockchain Forum in New YorkOn November 8 and 9, the DCC team attended the World Blockchain Forum (WBF) in New York City. With more than 300 leading players,investors and media in the blockchain industry around the world, this event provided an opportunity to explore STOs, stablecoins, blockchain investments, crypto tokenomics and much more. We met with project leaders and experts, discussing the application of blockchain, learning from each other’s experience, and sharing views on new trends in the industry.  What’s the Latest Buzz?The Stewie Zhu Column on CoinRivetIn his latest article, Stewie analyzed the current status of blockchain regulation around the world. He discussed blockchain-related policies in countries such as China, Japan, Korea and the US, emphasizing the importance of timely, appropriate regulation at the birth of a new industry.  Community NewsThe Facebook bounty campaign in the DCC English community has officially concluded! Thank you for your participation, support and feedback — we’ll work harder to bring more fun to our community! Tech DevelopmentsThe DCC PlatformWe’ve finalized the smart contract for Vietnamese personal information verification, which will soon be available on the Open Platform. We’re working with several fintech companies on an STO based on DCC’s public chain. Now, our tech team is developing the back end and data display system for asset management, which will facilitate the investment process. BitExpressWe’re continuing development of the credit loan function, which is expected to be up and running by the end of November. The first games to be released in the “Secret Garden” section will be a trivia quiz and “Thief in the Garden” game where participants can steal coins. BitExpress Vietnam is currently in beta mode and will launch in mid-November. We’d like to thank our community for all their unwavering support! What’s News in BlockchainCentral Bank Digital Currencies Could Have Legitimate ‘Role,’ Says IMF’s Lagarde https://cointelegraph.com/news/central-bank-digital-currencies-could-have-legitimate-role-says-imfs-lagardeIMF Vows to Continue ‘Devoting Attention’ to Blockchain, Cryptocurrency in Fintech Drive https://cointelegraph.com/news/imf-vows-to-continue-devoting-attention-to-blockchain-cryptocurrency-in-fintech-drivePlace Your Bets! Bitfinex Opens Pre-Fork Bitcoin Cash Futures Market https://www.ccn.com/place-your-bets-bitfinex-opens-pre-fork-bitcoin-cash-futures-market/Recommended DCC ReadingThe status of global crypto regulation — Coin Rivet http://bit.ly/SzCoinRivet04Crypto’s institutional investment problem — Coin Rivet http://bit.ly/SZCoinRivet03STOs and the Emergence of Tokenization — Coin Rivet http://bit.ly/SzCoinRivet02Previous NewslettersDCC Weekly Update — October 24, 2018 https://medium.com/@dcc.finance2018/dcc-weekly-update-october-24-2018-237de1e1598DCC Weekly Update — October 16, 2018 https://medium.com/@dcc.finance2018/dcc-weekly-update-october-16-2018-7ff5be89675dTrade DCC on Kucoin 📈Deposit Guidehttp://bit.ly/Kucoin-Deposit-GuideRegistration Guide http://bit.ly/Kucoin-Registration-GuideTrading Guide http://bit.ly/Kucoin-Trading-GuideConnect with DCC (English):Telegram Group 1: https://t.me/DccOfficialBitcointalk: https://bitcointalk.org/index.php?topic=3206007.msg33290945#msg33290945Facebook: https://www.facebook.com/Distributed-Credit-Chain-425721787866299/
Medium: https://medium.com/@dcc.finance2018/Reddit: https://www.reddit.com/r/dccofficialTwitter: https://twitter.com/DccOfficial2018
YouTube: https://www.youtube.com/channel/UCX0Y5MQwTLGPtIP1jAJm9NgDCC를 만나보세요 (한국어):Twitter: https://twitter.com/DCC_Korea_2018Facebook: https://www.facebook.com/DCC-Korea-169548653734897/Kakao: https://open.kakao.com/o/gqc0GXM
Telegram: https://t.me/dcckorea |
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Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][DCC][Weekly Update]Distributed Credit Chain — November 7, 2018
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on: November 08, 2018, 03:50:15 AM
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DCC Weekly Update — November 7, 2018 DCC Around the WorldStewie Speaks at Youth and Tech WorkshopOn October 30, Stewie joined the Youth and Tech workshop in Hangzhou, China, and gave a presentation on blockchain technology. He talked about the history of blockchain, as well as its application in various financial services, including cross-border payment, insurance and STOs. Citing real-world cases and trending events in the industry, Stewie also emphasized the importance of blockchain in privacy protection and data security.   DCC at Beijing International Finance Expo 2018We were excited to participate in the blockchain session at the Beijing International Finance Expo 2018（ http://www.finexpo.com.cn/）, held between November 1–4. Centered on the theme of “openness, revolution and innovation,” we chatted with experts and fellow entrepreneurs about the possibility of making finance more inclusive, efficient and convenient with a blockchain-based infrastructure.   DCC at Block Club Chengdu 2018On October 30, we presented DCC’s roadmap at Block Club Chengdu 2018, showcasing our distributed ecosystem for financial services, especially the public chain built to empower customers and businesses around the world. As we continue to develop our ecosystem, we’ll create more blockchain-based solutions for more scenarios, such as wealth management, asset trading and registration of creditor’s rights.   Tech DevelopmentsThe DCC platformThe smart contract customized for Vietnamese customers will be available on the DCC Open Platform by mid-November. We’ve updated the data verification logic in the anti-fraud contract supported by Tongdun. We’re developing the dual-encryption section of the personal data management framework. BitExpressBitExpress is a DApp supported by the DCC ecosystem, enabling users to maintain credit data, apply for crypto loans and maintain a loan record. It also provides a deposit program with fixed interest rates, which is available to users around the world. Try it on www.bitexpress.co( http://www.bitexpress.co/)! We’ve concluded the code audit with help from Jon Wick Security. A new section dedicated to credit loans will be available by the end of November. The interactive gaming section, Secret Garden, is expected to launch by late November so stay tuned! We’re configuring the back-end settings and running tests on the customized version for Vietnam, which will launch together with the DCC smart contract for Vietnamese data verification services. What’s News in BlockchainSouth Korean Crypto Exchange Bithumb Lanches Payment Service with ‘Asian Amazon’ Qoo10 https://cointelegraph.com/news/south-korean-crypto-exchange-bithumb-lanches-payment-service-with-asian-amazon-qoo10Coinbase CTO: Crypto is Entering the Tech Mainstream https://www.ccn.com/coinbase-cto-crypto-is-entering-the-tech-mainstream/Thailand’s Tax Authority Taps Blockchain to Fight Tax Evasion https://www.ccn.com/thailands-tax-authority-taps-blockchain-to-fight-tax-evasion/IBM Patents Blockchain System to Create ‘Trust’ Between AR Game Players, Real World Locations https://cointelegraph.com/news/ibm-patents-blockchain-system-to-create-trust-between-ar-game-players-real-world-locationsRussian State Duma Committee Considers Launch of Central Bank-Issued Stablecoin https://cointelegraph.com/news/russian-state-duma-committee-considers-launch-of-central-bank-issued-stablecoinRecommended DCC ReadingThe status of global crypto regulation — Coin Rivet http://bit.ly/SzCoinRivet04Crypto’s institutional investment problem — Coin Rivet http://bit.ly/SZCoinRivet03STOs and the Emergence of Tokenization — Coin Rivet http://bit.ly/SzCoinRivet02Previous NewslettersDCC Weekly Update — October 24, 2018 https://medium.com/@dcc.finance2018/dcc-weekly-update-october-24-2018-237de1e1598DCC Weekly Update — October 16, 2018 https://medium.com/@dcc.finance2018/dcc-weekly-update-october-16-2018-7ff5be89675dTrade DCC on Kucoin 📈Deposit Guidehttp://bit.ly/Kucoin-Deposit-GuideRegistration Guide http://bit.ly/Kucoin-Registration-GuideTrading Guide http://bit.ly/Kucoin-Trading-GuideConnect with DCC (English):Telegram Group 1: https://t.me/DccOfficialBitcointalk: https://bitcointalk.org/index.php?topic=3206007.msg33290945#msg33290945Facebook: https://www.facebook.com/Distributed-Credit-Chain-425721787866299/
Medium: https://medium.com/@dcc.finance2018/Reddit: https://www.reddit.com/r/dccofficialTwitter: https://twitter.com/DccOfficial2018
YouTube: https://www.youtube.com/channel/UCX0Y5MQwTLGPtIP1jAJm9NgDCC를 만나보세요 (한국어):Twitter: https://twitter.com/DCC_Korea_2018Facebook: https://www.facebook.com/DCC-Korea-169548653734897/Kakao: https://open.kakao.com/o/gqc0GXM
Telegram: https://t.me/dcckorea |
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Alternate cryptocurrencies / Altcoin Discussion / [DCC][ The status of global crypto regulation]
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on: November 07, 2018, 09:52:14 AM
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The status of global crypto regulation--This article is from Coin Rivet by Stewie Zhu--November 5,2018 https://coinrivet.com/the-status-of-global-crypto-regulation/STEWIE ZHU: "While there are still many issues to resolve, the industry will only continue to gain momentum and regulators need to keep pace"  https://s3.eu-west-1.amazonaws.com/audio-for-wordpress-27094851604721bbd25edfa40551588f6cf8ea2c/2018/11/amazon_polly_33846.mp3?version=1541361576Although cryptocurrency’s goal is to reach consensus, we have yet to reach it when it comes to regulation. While people are eagerly awaiting new legislation across the world, views on formalised guidelines remain quite divided.Let’s look at where we are, starting from the east… China: Supporting blockchain with financial stabilityBlockchain and cryptocurrency regulation is arguably one of the most controversial topics in China – an economic powerhouse that appears fraught with confusion on how to handle this high-growth technology. The government is predicated on maintaining control over business and operations, which is a bit contrary to the basis of blockchain being decentralised. According to Finance Magnates( https://www.financemagnates.com/cryptocurrency/news/taming-the-dragon-chinas-first-attempt-to-regulate-the-crypto-industry/), mainland China dominated the industry as “an eye-popping 95% of all BTC trading took place in the country”. That changed in 2017 when the government cracked down on ICOs and domestic crypto exchanges. However, all hope is not lost since the country seems to be supportive of blockchain and was described by President Xi Jinping as being part of a wave of technological revolution that also includes AI, quantum computing, the internet of things, and mobile communication. They are exploring ways to regulate the industry and it is partly the job of the community to educate government officials on its massive potential as China is undeniably becoming a “hotbed for innovation”. Just last week, the Cyberspace Administration of China (CAC) released a draft of a policy that would require users of any blockchain service to register with their real names and national ID numbers. While many believe this might be a setback for the industry, it very well could be a positive move forward to achieving security with greater transparency. It comes as no surprise that the government is steadfast on financial stability and it will do everything in its power to ensure its citizens are protected. On the flipside, Hong Kong’s Securities and Futures Commission (SFC) believes that an outright exchange ban is not the solution. The SFC and BitMEX, a Hong Kong-based exchange will collaborate to put together clearer regulation that “is comparable to that of a licensed trading venue.” Japan: Differentiating between virtual currenciesMeanwhile, Japan has already put Fund Settlement Law and the amended Payment Services Act in place, which went into effect in April last year. According to Bitcoin.com, the former defines “virtual currencies,” which include cryptocurrencies, as a means of payment and exempts them from consumption tax. The latter requires cryptocurrency exchange operators to register with the Financial Services Agency (FSA). To that end, they have begun evaluating different types of coins that have emerged in the industry like stable coins. In their view, “stable coins pegged by legal currencies do not fall into the category of ‘virtual currencies’ based on the Payment Services Act.” However, it remains to be seen how they will approach other types of stablecoins like algo-backed, crypto-backed, or collateral-backed stablecoins. South Korea: General, yet invitingSouth Korea, a booming crypto space, takes a more “black and white” approach as they believe that cryptocurrency funds do not meet the requirements of the country’s Capital Markets Act. It therefore encourages investors to consult with the relevant authorities before investing. UK: Steady as she goes with formalising regulationProbably the most divided of all regions is Europe as there seems to a variety of different viewpoints from each country. In the UK, the FCA is considering a ban on the sale of crypto-based derivatives due to its risky nature, as they move forward with more formalised regulation. The government Taskforce’s newly-published report proposed “a three-fold framework for cryptoassets, depending on whether they are used as a means of exchange, for investment, or to support capital raising and the development of decentralised networks through ICOs”. This is a promising step forward for the UK which has previously taken a more casual approach to regulation, as they take more progressive measures to move the industry forward. Malta: Formalised regulation is on the horizonMalta seems to be the most innovative and action-oriented of the European nations with ongoing discussion at UN forums on the institutionalisation of blockchain on a global scale. This month, Malta will be passing two bills: 1, The Virtual Financial Assets Act (VFA) – addresses the procedures and requirements that ICOs will have to follow. An important feature of this law is that companies launching ICOs will have to disclose their financial history. 2, The Innovative Technology Arrangement and Services Act (ITAS) – provides the legislative foundation for the regulation of the cryptocurrency and blockchain industry.  https://coinrivet.com/the-man-with-blockchain-in-his-hands/US: Carefully evaluating valuation and liquidityThis brings us to the US. Since the enactment of the Howey Test, there hasn’t been any additional conclusive regulation from the SEC or the CFTC. However, the authorities are not sitting around idle. The SEC recently launched a FinHub, which will serve as a resource for public engagement on the SEC’s FinTech-related issues and initiatives. The hot ticket item that everyone is waiting on is when there will be approval for a crypto ETF, like the VanEck SolidX Bitcoin ETF which is still pending. Kara Stein, SEC Commissioner, spoke on a recently released letter to staff indicating some of the critical issues they will be looking at, which include valuation, liquidity (especially in a 40 Act fund context), custody, and making sure that firms are thinking through how they are going to deal with all of those issues. While there is some movement on approvals on a regional level in the US, there are still open-ended concerns that government authorities are still grappling with as it relates to the acceptance of digital currencies. According to the Financial Stability Board (FSB), which makes recommendations about the global financial system, some concerns include “low liquidity” and the “use of leverage” in crypto trading. Based on panel discussions around the conference circuit, the SEC is planning on implementing a streamlined one-page document that should clarify these issues by the end of the year. In short, blockchain is going to revolutionise our lives whether we like it or not. The genie can’t be put back in the bottle, but it can be tamed, and harnessed to reach its full potential. While there are still many issues to resolve, the industry will only continue to gain momentum and regulators need to keep pace. Stewie Zhu, Founder and CEO of Distributed Credit Chain--This article is from Coin Rivet by Stewie Zhu--November 5,2018 https://coinrivet.com/the-status-of-global-crypto-regulation/DCC (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. Connect with DCC (English):Telegram Group 1: https://t.me/DccOfficialBitcointalk: https://bitcointalk.org/index.php?topic=3206007.msg33290945#msg33290945Facebook: https://www.facebook.com/Distributed-Credit-Chain-425721787866299/Medium: https://medium.com/@dcc.finance2018/Reddit: https://www.reddit.com/r/dccofficialTwitter: https://twitter.com/DccOfficial2018YouTube: https://www.youtube.com/channel/UCX0Y5MQwTLGPtIP1jAJm9Ng
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Alternate cryptocurrencies / Bounties (Altcoins) / [DCC][Bounty Campaign][New Facebook Bounty Campaign]
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on: November 06, 2018, 09:58:41 AM
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🎁 NEW Facebook Bounty Campaign 🎁 You can get DCC tokens for liking / sharing / leaving comments on our Facebook! 🎁 How to join:1. Like and follow our Facebook page; 2. Join DCC Bounty telegram; ( https://t.me/DCCBountyCampaign) 3. DM admin@Danny0528 with email address and Facebook account and wallet address. Terms:This campaign only runs one week, from 5th to 11th November. Likes:Only 1 like per day will be counted. Reposts:1. Only 1 repost per day will be counted; 2. Reposting the same post twice is prohibited; 3. Your reposts must contain the following hashtag: #HoldDCC Comments:1. Only 1 comment per day will be counted; 2. Your comments must contain the following hashtag: #HoldDCC; 3. The comment must be constructive and be at least 2 sentences; Shares:1. Only 1 sharing per day will be counted;. 2. The group you share the post must have at least 500 group members and CryptoCurrency related 3. Share post twice in same group is prohibited. 4. Your share must contain the following hashtags: #HoldDCC Account requirements:1. Your account must have at least 100 real friends and be public; 2. Facebook accounts must be original. Fake, dead, inactive and bot accounts will not be accepted. 3. Joining with multiple accounts is not allowed. Users found to be using multi accounts will be disqualified. 4. Your account must be older than half a year. 5.The nickname must not contain such words as “ICO”, “bounty”, “bounty hunter”,“cryptocurrency” etc; 6. The avatar must contain your real photo; The number of DCC tokens will depend on the amount of Facebook friends:100-249 Friends Like - 10 DCC Repost - 12 DCC Share – 12 DCC Comment - 50 DCC 250-999 Friends Like - 10 DCC Repost - 25 DCC Share – 25 DCC Comment - 50 DCC More than 1000 Friends Like - 10 DCC Repost - 50 DCC Share – 50 DCC Comment - 50 DCC Connect with DCC (English): Telegram Group 1: https://t.me/DccOfficial Bitcointalk: https://bitcointalk.org/index.php?topic=3206007.msg33290945#msg33290945 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 YouTube: https://www.youtube.com/channel/UCX0Y5MQwTLGPtIP1jAJm9Ng
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