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Distributed Credit Chain Weekly Update — October 31, 2018DCC Around the WorldDCC at 2018 Korea Blockchain ExpoOn October 23 and 24, we attended the 2018 Korea Blockchain Expo( http://koreablockchainexpo.com/) in Seoul and met with officers from national and regional governments, including Francios Piccione, policy consultant at the Parliamentary Secretariat for Financial Services, Digital Economy and Innovation of Malta. Over 3,000 attendees from different countries participated in this event, including entrepreneurs, investors and experts. DCC Listed on Kyber NetworkDCC is now listed on Kyber Network, which provides on-chain liquidity protocol that powers decentralized atomic swaps and transactions between applications and ecosystems. Visit Kyber( https://kyber.network/swap/eth_knc) today and explore investment opportunities. What’s the Latest Buzz?Stewie Zhu Cited by Blockchain Thought LeaderIn his latest article, Unleash the Power of Blockchain with STO( http://www.sohu.com/a/271256509_117917), Xinxi Wang, an influential thought leader in the Chinese blockchain industry, shared his expectations for STOs including Stewie’s opinion on distributed credit networks. DCC Career Development Fellowship Position for Oxford University is trending in Korea!Several Korean media outlets have shared the announcement of DCC Career Development Fellow in Fintech( https://data.ox.ac.uk/doc/vacancy/137280), a fellowship position jointly created by DCC and Saïd Business School of Oxford University, which is accepting applications through November 2, 2018. Check out the Korean coverage here: NewsWorks( http://www.newsworks.co.kr/news/articleView.html?idxno=303111) World Blockchain Media( http://www.worldblockchainmedia.com/2327) BlockTimes TV( http://blocktimestv.com/news/view.php?idx=2393) Community NewsIndian Youtuber Reviews DCCSo pleased to highlight supporters of DCC from all parts of the word! Summit Kapoor, a Youtuber based in India, shared a review( https://youtu.be/iH2Zm-Rud5Q) of DCC with over 340k followers, where he analyzed the project, emphasizing the differences it could make to the lending industry in India. He got familiarized with DCC through members of the active DCC community( https://t.me/DccOfficial). Tech DevelopmentsThe DCC PlatformWe’ve finished development of the underlying contract for personal information verification services for Vietnam. Currently, we’re working with our partners at SenseTime to incorporate the facial recognition function into the SDK. With our partner Tongdun, we’ve updated the anti-fraud function in our contracts, which will make data verification more efficient and secure. We’re developing the dual-encryption function of the framework contract for personal data management. BitExpress UpdatesBitExpress has concluded its code audit. The latest version has enhanced security features that helps users protect personal sensitive information. The “Secret Garden” section is nearly complete and will be available by the end of November. Be on the lookout for new games and rewards! What’s News in Blockchain?Hong Kong Stock Exchange Taps Digital Asset for Post-Trade Blockchain Trial https://www.coindesk.com/hong-kong-stock-exchange-taps-digital-asset-for-post-trade-blockchain-trial/Korea’s Finance Minister Approves Banks Working With Crypto Exchanges https://www.ccn.com/koreas-finance-minister-approves-banks-working-with-crypto-exchanges/Coinbase Exec Denies Plans for IPO ‘Any Time Soon,’ Reveals Plans to Add up to 300 Coins https://cointelegraph.com/news/coinbase-exec-denies-plans-for-ipo-any-time-soon-reveals-plans-to-add-up-to-300-coinsThe Bitcoin White Paper’s Birth Date Should Give Us All a Scare https://www.coindesk.com/the-bitcoin-white-papers-birth-date-should-give-us-all-a-scare/Recommended DCC ReadingCrypto’s institutional investment problem — Coin Rivet http://bit.ly/SZCoinRivet03STOs and the Emergence of Tokenization — Coin Rivet http://bit.ly/SzCoinRivet02Blockchain is disrupting the status quo — Coin Rivet http://bit.ly/SZCoinRivet01Previous 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-16-2018-7ff5be89675dDCC Weekly Update — October 11, 2018 https://medium.com/@dcc.finance2018/dcc-weekly-update-october-11-2018-59f34faf5c2Trade DCC on Kucoin 📈Deposit Guide http://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/DccOfficial2018YouTube: 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/gqc0GXMTelegram: https://t.me/dcckorea
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Distributed Credit Chain Weekly Update — October 24, 2018DCC Around the WorldDCC at Mars Finance Blockchain Summit NYCOn October 18, we attended the Mars Finance Blockchain Summit 2018 in New York City and met with representatives from blockchain projects, investment firms, exchanges and trading platforms. We spent a busy day sharing DCC’s vision of building a global, inclusive financial ecosystem, and learning from experts about the latest developments in institutional involvement in the industry and new developments on the regulation front. Job Opportunity: Saïd Business School of Oxford University Seeks Fellowship CandidateApply by the end of October to be a DCC Career Development Fellow in FinTech, a fellowship position jointly created by DCC and Saïd Business School of Oxford University, our founder Stewie Zhu’s . This fellowship will allow you to dive into the world of fintech with a focus on cryptocurrency regulation and the application of blockchain in the financial industry. To get more details and apply, click https://www.recruit.ox.ac.uk/pls/hrisliverecruit/erq_jobspec_version_4.display_form?p_display_apply_ind=Y&p_refresh_search=Y&p_process_type=&p_applicant_no=&p_company=10&p_form_profile_detail=&p_display_in_irish=N&p_recruitment_id=137280&p_internal_external=E. What’s the Latest Buzz?The Stewie Zhu Column on CoinRivetIn his third article on CoinRivet, Crypto’s institutional investment problem, Stewie talks about the liquidity problem in the current cryptocurrency market, which is a barrier to entry for institutional investors. He also introduces a couple of innovative solutions, including STOs and stablecoins. Learn more about how to improve the liquidity and make investors more comfortable in this new market. Tech DevelopmentsThe DCC PlatformWe’ve finalized the underlying smart contract for the Vietnamese personal data verification system. Currently, we’re working with our teammates at SenseTime to incorporate facial recognition into the SDK. We’re developing the re-encryption section of the personal data management framework. The revised framework will provide higher efficiency, as data transaction will be significantly faster. Stay tuned! BitExpressDownload BitExpress and earn your eco rewards! In the latest version, you can apply for crypto loans or deposit your digital assets in our fixed-rate investment programs after setting up a basic credit profile. Try it for yourself here: www.bitexpress.coNew Developments:John Wick Security — will conduct a code audit for BitExpress and help enhance the overall security of the BitExpress platform. Credit loan function — will allow users to store and maintain their personal credit data on blockchain, and directly use the information to initiate loan applications (expected to be available by mid-November). Secret Garden- a brand new section on BitExpress with interactive games where users can compete with each other. Stay tuned for updates on rewards! New DApp — Together with partnering teams in Vietnam, we’re in the process of creating a customized DApp for local customers that will help users digitize their identity info, based on a verification logic powered by DCC. What’s News in Blockchain?Breaking: Crypto Giants Coinbase and Circle Launch Digital Dollar ‘USDC’ https://www.ccn.com/breaking-crypto-giants-coinbase-and-circle-launch-digital-dollar-usdc/Hong Kong Stock Exchange Proposes Framework for Regulating Cryptocurrency https://www.ccn.com/hong-kong-stock-exchange-proposes-framework-for-regulating-cryptocurrency/Bakkt — BTC Futures Contracts Will Go Live in December https://www.livebitcoinnews.com/bakkt-btc-futures-contracts-will-go-live-in-december/Payments Startup Square Is Open-Sourcing Its Bitcoin Storage Solution https://www.coindesk.com/payments-startup-square-is-open-sourcing-its-bitcoin-cold-storage-solution/Recommended DCC ReadingCrypto’s institutional investment problem — Coin Rivet http://bit.ly/SZCoinRivet03STOs and the Emergence of Tokenization — Coin Rivet http://bit.ly/SzCoinRivet02Blockchain is disrupting the status quo — Coin Rivet http://bit.ly/SZCoinRivet01With the CBAC, East Meets West in Search of Adoption and Innovation http://bit.ly/CBAC1010Previous NewslettersDCC Weekly Update — October 16, 2018 https://medium.com/@dcc.finance2018/dcc-weekly-update-october-16-2018-7ff5be89675dDCC Weekly Update — October 11, 2018 https://medium.com/@dcc.finance2018/dcc-weekly-update-october-11-2018-59f34faf5c2DCC Weekly Update — October 3, 2018 http://bit.ly/Dcc1003Trade DCC on Kucoin 📈Deposit Guide http://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/DccOfficial2018YouTube: 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/gqc0GXMTelegram: https://t.me/dcckorea
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###[To Enter: Tell Us Why You #HodlDCC] ### Open to DCC token HODLers only!#How to join us* Step 1--Join DCC Bounty channel( https://t.me/DCCBountyCampaign) * Step 2-- Send your Reddit account, email address and wallet address to the bounty group admin @Danny0528 * Step 3-- on [Reddit]( bit.ly/WIN-A-TICKET-TO-MARS) Simply comment, meme or video us why you #HodlDCC( bit.ly/WIN-A-TICKET-TO-MARS) ###WIN INSANE \#HoldDCC PRIZES: * 420 DCC: \#HodlDCC picture! >>Example: I #HodlDCC because CEO Stewie Zhu is an ANGEL! * [520 DCC: \#HodlDCC Meme!] * [888 DCC: \#HodlDCC Video!] https://youtu.be/iR6jyPgRMFs ##HODL for 1 day – * [DCC Hodler Card] * [DCC Fallout Shelter Ticket!] * Exclusive Telegram, Reddit & Facebook Group Invites! ##HODL for 1 month - * Telegram, Facebook & Reddit Moderator Positions * Ask DCC CEO Stewie ANYTHING. * ‘Thanks for HODLing’ DCC Video About You! ##HODL for 1 year – * Stewie Zhu, CEO, will personally wish you happy birthday! * DCC VIP Hodler exclusive access & invitations to all DCC events. * [Fallout Shelter VIP Room.] * We’ll DOUBLE your DCC! ###HODL for 30 years – * [TICKET TO MARS wi210a1e19f2f4f564t.jpg[/img] ###NOT a HODLer? NO PROBLEM. * We’re giving out 10 free DCC to anyone & everyone who wants to HODL! * Just reply “I want to #HodlDCC” (include your wallet address) ##Disclaimer: *DCC token prizes will be added & adjusted alongside our bounty campaign & telegram trivia.* *Countdown starts when you post your entry (including proof of HODLing)* *Terms and conditions may apply.*
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DCC Around the World Biz Dev in NYC — DCC Meets with Circle and Consensys Last week, our team met with Centre, a governed network powered by price-stable crypto assets, backed by Circle. We talked about Centre’s debut stablecoin, USDC and regulatory issues. On October 11, we visited ConsenSys and its Token Foundry in Brooklyn, New York. Topics we discussed included token economics, custody issues, gaming DApps and joint marketing initiatives During our tour of their offices,the cool fiat wall below snagged our attention — check out more photos and follow us on Instagram @DistributedCreditChain What’s the Latest Buzz? CoinEdict Reviews DCC CoinEdict published a review of the DCC project. Check it out here. The article covers the profile of key team members, the basic mechanism of the DCC ecosystem, and how DCC’s features can help facilitate loan and credit services while enhancing data security. In Korea: More Coverage from Local Media and Influencers Following the Wall Conference, we received a lot of coverage from news outlets and influencers in Korea. The latest addition includes reviews from DataNet, DailyGrid and Dong Young. Tech Developments The DCC Platform We fixed several bugs in the Tongdun-powered personal credit database that caused timeouts in the verification process. The SDKs for Vietnamese personal data will be on the Open Platform by the end of October. BitExpress Download BitExpress and earn your eco rewards! In the latest version, you can apply for crypto loans or deposit your digital assets in our fixed-rate investment programs after setting up a basic credit profile. Try it for yourself here: www.bitexpress.coWe’re creating a new “garden” in the app! This is a section with multiple games, where users can interact with each other, have fun and earn prizes. Our development team in Vietnam has finished the user interaction design of the customized app. Now, we’re working on the details of the front end. This app, supported by the DCC verification logic, will enable users to digitize their personal identity data. What’s News in Blockchain? PBoC Is Seeking Blockchain Talent to Help Build Its Central Bank Crypto https://www.coindesk.com/pboc-is-seeking-blockchain-talent-to-help-build-its-central-bank-crypto/Hong Kong’s Security Watchdog to Propose Crypto Regulation, Chairman Says https://cointelegraph.com/news/hong-kongs-security-watchdog-to-propose-crypto-regulation-chairman-saysBitcoin Price Explodes to $7,500 as Tether Loses USD Peg https://www.ccn.com/bitcoin-price-explodes-to-7500-as-tether-loses-usd-peg/Fidelity Is Launching a Crypto Trading Platform https://www.coindesk.com/fidelity-reveals-cryptocurrency-and-digital-asset-trading-platform/OKEx will list all regulated stablecoins https://theblockcrypto.com/tiny/okex-will-list-all-regulated-stablecoins/Recommended DCC Reading With the CBAC, East Meets West in Search of Adoption and Innovation http://bit.ly/CBAC1010An overview of Distributed Credit Chain: The Decentralized Credit Solution https://www.coinedict.com/industry/press-release/overview-distributed-credit-chain/Blockchain is disrupting the status quo https://coinrivet.com/blockchain-is-disrupting-the-status-quo/STOs and the Emergence of Tokenization https://coinrivet.com/stos-and-the-emergence-of-tokenization/Previous Newsletters DCC Weekly Update — October 11, 2018 https://medium.com/@dcc.finance2018/dcc-weekly-update-october-11-2018-59f34faf5c2DCC Weekly Update — October 3, 2018 http://bit.ly/Dcc1003DCC Weekly Update — September 27, 2018 http://bit.ly/Dcc0927Trade DCC on Kucoin 📈 Deposit Guide http://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/DccOfficial2018YouTube: 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/gqc0GXMTelegram: https://t.me/dcckoreaDCC 社群 (中文): 电报群 2: https://t.me/dcc_official2微信公众号: https://mp.weixin.qq.com/s/4w6_14IjCTCLBegpFI3RGAKênh DCC Việt Nam (Tiếng Việt): Facebook: https://www.facebook.com/groups/dccvietnam/Telegram: https://t.me/DccVietnam
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DCC Founder & CEO STEWIE ZHU: "Will STOs be the panacea the blockchain industry is waiting for? It's too soon to tell, but at least investors are getting the trading flexibility they need to feel at ease with their investment decisions" Watch all about Security Token Offering's here: https://m.youtube.com/watch?v=Fa6HzmCZC1Q#
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Decline of the ICO& Rise of the STO DCC Founder & CEO STEWIE ZHU: "Will STOs be the panacea the blockchain industry is waiting for? It's too soon to tell, but at least investors are getting the trading flexibility they need to feel at ease with their investment decisions" Watch all about Security Token Offering's here: https://m.youtube.com/watch?v=Fa6HzmCZC1Q#
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DCC Founder & CEO STEWIE ZHU: "Will STOs be the panacea the blockchain industry is waiting for? It's too soon to tell, but at least investors are getting the trading flexibility they need to feel at ease with their investment decisions" Check the video: https://m.youtube.com/watch?v=Fa6HzmCZC1Q#
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Distributed Credit Chain (DCC) Token Distribution Announcement Dear DCC Community, The DCC token sale has successfully concluded, and we’re now distributing the tokens. We would like to thank all the visionaries who are now part of DCC! None of this would have been possible without your support. Stay tuned for more updates on our products and technology! Token Distribution ProcessWe expect to complete the distribution within a couple of hours (approximately by 12:00am EST on June 22). During this process, tokens will become visible as they are transferred from the DCC contract. Please note: All token balances will be visible on MyEtherWallet, imToken, EtherScan, and Ethplorer. Receiving Your TokensOur token symbol is DCC and the tokens are ERC20 compliant. Token owners will have tokens distributed to their ETH addresses provided during the ICO process. Any valid ERC20 ETH address outside of an exchange will receive the tokens successfully. In the event you have specified an ETH address from an exchange, please get in touch with our support team immediately to update the address. Once the tokens are distributed, there is no way to recover them. In some cases (e.g. MyEtherWallet) you may be required to add the following information to your wallet for the token balance to show up properly: · Token Name: DCC · Contract Address: 0xffa93aacf49297d51e211817452839052fdfb961 · Token Decimals: 18 For more infomation, visit https://medium.com/@dcc.finance2018/distributed-credit-chain-dcc-token-distribution-announcement-d3f7fe6a4a67
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Distributed Credit Chain Opens Whitelist Registration Today for DCC Token Sale on May 28ONE HOUR Discount Window! Distributed Credit Chain (DCC), a leading fintech company developing the world’s first banking ecosystem on a public blockchain, today announced to open the public sale of its ERC20-based token “DCC” on May 28, 2018. Details of the public sale as follows: 1. Whitelist and KYC Registrationhttp://dcc.finance/kycPlease note public sale is ONLY open to investors that have completed whitelist and KYC registration 2. ONE HOUR Limited-Time Discount WindowTime: 7pm-8pm HKT, May 28, 2018 Discount price: 1 ETH = 14700 DCC Discount supply: 20,000,000 DCC 3. Public Sale Date and Time8pm HKT, May 28, 2018 4. Public Sale Price1 ETH = 13700 DCC 5. Per Person Cap and Total SupplyThere is no minimum and maximum contribution amount per person Soft cap: 2% of total supply = 200,000,000 DCC Hard cap: 5% of total supply = 500,000,000 DCC 6. Recommend Gas Limit250000. You could check ethgasstation.info for suitable gas price 7. OthersInvestors from Mainland China and the United States are excluded from the saleToken distribution: 3 days before exchange listing Investors can check contribution on the DCC official website after the public sale conclusion By taking part in the public sale, you will be joining the following renowned investors that have already taken part in the private sale: - JRR Capital, angel investor of Binance
- Ceyuan Digital Assets, world-renowned early stage investor, major investor of OKEX
- LD Capital, leading token fund and successful investor of hundreds of top-tier global blockchain projects
- Transference Fund, leading blockchain investor in star projects such as Mobile Coin
- Nirvana Capital, leading blockchain focused fund and early supporter of Ethereum
- AlphaCoin fund, leading crypto asset investment company and now a super node of Huobi.com
- Raymond Qu, Founder and CEO of Geoswift Limited, early-stage investor of Ripple
- Crypto Vision
- Shuanghua Capital, a blockchain-focused investment fund
- TFund, major investor of TNB
- STARP, investor of IOST, DATA
- Starwin Capital, leading investor with focus on consumer finance, blockchain technology and artificial intelligence, including Loopring and scry.info
- Dynamic Fintech Group, a Silicon Valley based blockchain-focused venture fund. Investor of NKN, Quarkchain, ANKR, WaykiChain, Thunder Token, and HUB
- Whales Capital, a professional Venture Capital fund, investor of Cortex, IOST
- Evolution, leading investment firm with star cases including ELF, TNB, QUN etc.
- And additional anonymous investors including successful blockchain and internet entrepreneurs
A reminder that if you want to read up on Distributed Credit Chain and our vision, head to our website http://dcc.finance/ or download our whitepaper at http://dcc.finance/file/DCCwhitepaper.pdfDisclaimer: Blockchain investments are risky, please do your research and due diligence before making any decisions.About Distributed Credit Chain (DCC)Distributed Credit Chain (DCC) is the world’s first banking ecosystem built on a public blockchain. DCC’s mission is to develop global financial inclusivity by empowering individuals to own and use their credit with blockchain technology. DCC aims to establish a decentralized banking ecosystem for financial service providers around the world. Connect with DCC:Telegram Group1: https://t.me/DccOfficialTelegram Group2: https://t.me/dcc_official2DCC Website: http://dcc.finance/Twitter: https://twitter.com/DccOfficial2018Bitcointalk: https://bitcointalk.org/index.php?topic=3209215Facebook: https://www.facebook.com/DccOfficial2018/Reddit: https://www.reddit.com/user/DCC_Official/Medium: https://medium.com/@dcc.finance2018
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Distributed Credit Chain [DCC] The World's First Distributed Banking Public Chain and Ecosystem DCC Presale is now live through May 12!! This is the last presale opportunity before our public sale, so contact us TODAY! Pre-sale lockup period: 25% unlocked before exchange listing, 25% unlocked every 2 months thereafter, with total unlocked in 6 months. Please note that to serve the best interests of DCC investors, tokens for the management team are locked by private keys for a total period of 3 years, with 25% of the total to be unlocked 6 months after any exchange listing, 25% to be unlocked after a year, then another 25% every year thereafter, with the full amount to be unlocked in 3 years. This targeted invitation only accepts three payment methods: BTC, BNB, and USDT, 1 Distributed Credit Chain Token = 0.3 CNY, which is based on CoinMarketCap.com's corresponding token price at the time of the receipt of the cryptocurrency, and the exchange rate is the intermediate price of the exchange rate of the Bank of China on that day. To learn more about us, visit our master page at https://bitcointalk.org/index.php?topic=3209215Dr. Stewie Zhu, founder & CEO of DCC, talks about who we are and what we do: https://www.youtube.com/watch?v=QKF6tqDXXzw&t=1sVision Distributed Credit Chain 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. Advantages Break the MonopolyWith a global distributed banking ecosystem, DCC aims 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 may share the return of ecological growth. Digital Banking will ultimately be a way to truly achieve an inclusive system of finance. Decentralized ThinkingThrough 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. Transform Business StructureAs it pertains to business, Digital Banking will completely transform traditional banking's debt, asset, and intermediary business structure. 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. Government RegulationAs it pertains to regulation, the fact that all records registered in the blockchain cannot be tampered with will enable regulators to penetrate the underlying assets in real time. Big data analysis institutions will also be able to help the regulatory bodies understand and respond to industry risks more quickly based on blockchain data analysis. Roadmap 2017 August - DCC project established September - Constructed unified identity system based on the Ethereum test network October - Built underlying consortium DCC testnet December - Deployed online credit declaration contracts based on underlying testnet 2018 February - Token exchange March - Launch first Disrtibuted Credit Chain-based personal loan product Dapp April - Distributed Credit Chain open platform goes online May - Interface with more thab five Chinese institutions of loan,data providing and risk control Q3-4 - Open self-creation API of Distributed Credit Chain Q3-4 - Establish unifed MPC of DCC Q4 - Enter Indonesia lending market 2019 Q1-2 - Enter Vietnam & other SEA country lending markets 2020 - Evolve to public blockchain system - Develop Distributed Asset Manage system based on public chain - Develop Distributed Settlement system Connect with us! DCC global community: Telegram Group 1: https://t.me/DccOfficialTelegram Group 2: https://t.me/dcc_official2Twitter: https://twitter.com/DccOfficial2018Reddit: https://www.reddit.com/user/DCC_Official/Medium: https://medium.com/@dcc.finance2018Facebook: https://www.facebook.com/DccOfficial2018/YouTube: https://www.youtube.com/channel/UCX0Y5MQwTLGPtIP1jAJm9NgBitcointalk: https://bitcointalk.org/index.php?topic=3209215
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DCC currently listed on - KuCoin: https://www.kucoin.com/#/Bibox: https://www.bibox.com/Dex.top: https://dex.top/Join our bounty campaign TODAYhttps://bitcointalk.org/index.php?topic=4185316.0Stewie Zhu, founder & CEO of DCC, talks about who we are and what we do: https://www.youtube.com/watch?v=QKF6tqDXXzw&t=1sVision Distributed Credit Chain 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. Advantages Break the MonopolyWith a global distributed banking ecosystem, DCC aims 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 may share the return of ecological growth. Digital Banking will ultimately be a way to truly achieve an inclusive system of finance. Decentralized ThinkingThrough 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. Transform Business StructureAs it pertains to business, Digital Banking will completely transform traditional banking's debt, asset, and intermediary business structure. 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. Government RegulationAs it pertains to regulation, the fact that all records registered in the blockchain cannot be tampered with will enable regulators to penetrate the underlying assets in real time. Big data analysis institutions will also be able to help the regulatory bodies understand and respond to industry risks more quickly based on blockchain data analysis. Roadmap 2017 August - DCC project established September - Constructed unified identity system based on the Ethereum test network October - Built underlying consortium DCC testnet December - Deployed online credit declaration contracts based on underlying testnet 2018 February - Token exchange March - Launch first Disrtibuted Credit Chain-based personal loan product Dapp April - Distributed Credit Chain open platform goes online May - Interface with more thab five Chinese institutions of loan,data providing and risk control Q3-4 - Open self-creation API of Distributed Credit Chain Q3-4 - Establish unifed MPC of DCC Q4 - Enter Indonesia lending market 2019 Q1-2 - Enter Vietnam & other SEA country lending markets 2020 - Evolve to public blockchain system - Develop Distributed Asset Manage system based on public chain - Develop Distributed Settlement system Connect with us! DCC global community: Telegram Group 1: https://t.me/DccOfficialTelegram Group 2: https://t.me/dcc_official2Twitter: https://twitter.com/DccOfficial2018Reddit: https://www.reddit.com/user/DCC_Official/Medium: https://medium.com/@dcc.finance2018Facebook: https://www.facebook.com/DccOfficial2018/YouTube: https://www.youtube.com/channel/UCX0Y5MQwTLGPtIP1jAJm9NgBitcointalk: https://bitcointalk.org/index.php?topic=3209215
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Please visit our updated master page for latest updates!!https://bitcointalk.org/index.php?topic=3209215Distributed Credit Chain [DCC] The World's First Distributed Banking Ecosystem Dr. Stewie Zhu, founder & CEO of DCC, talks about who we are and what we do: https://www.youtube.com/watch?v=QKF6tqDXXzw&t=1sVision We will launch a Public Blockchain to establish business standards, reach consensus on the books, deploy business contracts, implement liquidation and settlement services, and so on, for a variety of distributed financial business. We will begin with credit business on “Distributed Credit Chain”, refracting the business ecology of traditional credit through the lens of decentralized thinking and distributed technology. In the following section, we are going to specifically describe changes in the area of credit that will be brought by the distributed bank. Advantages Break the MonopolyConceptually, 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 may share the return of ecological growth. Digital Banking will ultimately be a way to truly achieve an inclusive system of finance. Decentralized ThinkingThrough 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. Transform Business StructureAs it pertains to business, Digital Banking will completely transform traditional banking's debt, asset, and intermediary business structure. 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. Government RegulationAs it pertains to regulation, the fact that all records registered in the blockchain cannot be tampered with will enable regulators to penetrate the underlying assets in real time. Big data analysis institutions will also be able to help the regulatory bodies understand and respond to industry risks more quickly based on blockchain data analysis. Roadmap 2017 August - DCC project established September - Constructed unified identity system based on the Ethereum test network October - Built underlying consortium DCC testnet December - Deployed online credit declaration contracts based on underlying testnet 2018 February - Token exchange March - Launch first Disrtibuted Credit Chain-based personal loan product Dapp April - Distributed Credit Chain open platform goes online May - Interface with more thab five Chinese institutions of loan,data providing and risk control Q3-4 - Open self-creation API of Distributed Credit Chain Q3-4 - Establish unifed MPC of DCC Q4 - Enter Indonesia lending market 2019 Q1-2 - Enter Vietnam & other SEA country lending markets 2020 WholeYear - Evolve to public blockchain system WholeYear - Develop Distributed Asset Manage system based on public chain WholeYear- Develop Distributed Settlement system Connect with us! DCC global community: Telegram Group 1: https://t.me/DccOfficial Telegram Group 2: https://t.me/dcc_official2 Twitter: https://twitter.com/DccOfficial2018 Reddit: https://www.reddit.com/user/DCC_Official/ Medium: https://medium.com/@dcc.finance2018 Facebook: https://www.facebook.com/DccOfficial2018/ YouTube: https://www.youtube.com/channel/UCX0Y5MQwTLGPtIP1jAJm9Ng Bitcointalk: https://bitcointalk.org/index.php?topic=3209215
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We've built a new master page! For latest updates, please go to https://bitcointalk.org/index.php?topic=3209215
March 28th, Weekly update: 1. Highlight of the week: DCC was featured on the front-page of Cointime, an influential, Blockchain-focused media outlet in China, and was called "The upgraded version of Ripple" for its distributed banking ecosystem. According to the article, the promising idea of a distributed banking system is a crucial step to "New Finance". 2. Technology Development: The first Dapp is officially launched. Limited access has been granted to users. With DCC Explorer, users' behaviors on the chain can be reviewed. USDT Loaning App The Dapp is being rapidly developed, and the progress will be updated on Github starting this week. New Installment payment Dapp for mobile phone purchase Dapp is being jointly developed, and users will be able to review and maintain personal credit information and purchase mobile phones with installment payment on DCC. Open Platform Development is ongoing. 3. Project Progress At an academic conference held in Guanghua School of Management, Peking University, DCC team discussed with professors about ways to combine blockchain technology and financing in the most practical and efficient manner. The two parties planned to establish a research group to facilitate the development of distributed banking ecosystem. 4. Community News We launched on WeChat a red package mini game to reward the global community. In this game, participants earn rewards by collecting DCC Candies. During this process, community members get to know more about the project and enjoy the benefits of promotional events at the same time. The mini game and related posters have reached more than 10,000 people in WeChat groups and Moments. Dr. Stewie Zhu, founder and CEO of DCC, visited Israel to discuss the advanced development of blockchain technology and shared the experience of the DCC project. DCC global community: Telegram Group 1: https://t.me/DccOfficial Telegram Group 2: https://t.me/dcc_official2 Twitter: https://twitter.com/DccOfficial2018 Reddit: https://www.reddit.com/user/DCC_Official/ Medium: https://medium.com/@dcc.finance2018 Facebook: https://www.facebook.com/DccOfficial2018/ YouTube: https://www.youtube.com/channel/UCX0Y5MQwTLGPtIP1jAJm9Ng Bitcointalk: https://bitcointalk.org/index.php?topic=3206007.msg33290945#msg33290945March 20th, Project Update: During the past week, our tech team continued to drive multiple work streams forward and made impressive achievements on all fronts. 1. DCC Explorer: We have successfully completed the optimization of the data display with remarkable enhancement in the data processing efficiency. 2. First Dapp on Distributed Credit Chain Launched! Thanks to our privileged partner, the very first Dapp in the DCC ecosystem allows credit check, borrowing and lending processes to be recorded on the chain, while all activities can be located on the DCC Explorer. The team is also finanlizing a demo video to provide DCC's global community first-hand experience of the significant progress that we are creating. 3. USDT Dapp: the ongoing develoment of the second Dapp of our platform is progressing well and smoothly. We are also in touch with a well-known exchange for potential business cooperation through the Dapp. 4. DCC Open Platform: Development is well underway! Thank you all for your continued support. We look forward to bringing more updates to the community! March 13th, Project Update: 1. We are excited to officially launch our Explorer! Users can check the blocks and transactions on the DCC now through: http://explorer.dcc.finance 2. Dapp Launch Count Down! Our first loan Dapp is undergoing internal testing and production testing is planned on March 14. Stay tuned! 3. The R&D progress o the USDT-loan-Dapp is going smoothly. Currently, USDT has 2 pools: OMNI and ETHEREUM - we welcome digital asset holders to discuss in our group and help us make a choice. Thoughts? 4. We have completed the design of the open platform and moved forward with the R&D stage. March 6th, Project Update: 1. The explorer is under development and will launch on March 12th. The database of the data-on-chain has been completed. 2. Dapp progress update: data verification and API of loan have been completed; post-loan management is under development; the development of user data cloud storage has been completed by 80%. The design of USDT-loan-Dapp is completed and is on R&D stage. February 27th, Project Update: 1. The coalition-chain-based blockchain explorer is under development. The method of node status display, block height and time to reach consensus have been packaged. 2. The open platform is under development. Development of the Dapp is progressing well. When the Dapp is released on March 15th, the new test contract will be deployed to optimized users' credit history index storage performance on the chain. February 19th, Project Update: 1. The pbft-based coalition chain has been completed. The coalition-chain-based blockchain explorer is under development and is expected to be released in the first week of March. 2. Smart contracts that are based on users' authentication worldwide, operator data validation contracts and smart contracts for bank data have been developed and deployed on DCC. Thanks to all the participants. 3. Peer to peer IOU contract has been completed and is deployed on DCC. IOU contract data standards will be released with the explorer. 4. Based on the current progress, the first DCC-based Dapp is set to be released on March 15th.
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