Distributed Credit Chain serves self-certify credit model

DCC serves self-certify credit model which helps borrowers to certify their credit and reduce underwriting and intermediaries. The data-driven credit business offers us many inspirations and dramatically improves credit efficiency. However, the credit business in every country is replete with loopholes at every stage of the process, such as unclear rights and interests, high operating costs, inefficient operations, untrustworthy credentials, and privacy leaks. Borrowers lack the ability to self-certify their credit, which makes intermediaries more “important” in consumer credit underwriting. Setting aside false information and looking merely at normal operations, in consumer credit underwriting of both developed or underdeveloped countries, there are professional loan intermediaries/brokers or customer managers that help borrowers prove their “creditworthiness.”