When gauging a strong cryptocurrency exchange market, one way to sort this concern is to check the number of tokens available on their platform and how potential these projects are. KuCoin, is one of those few exchanges that conceivably has the increasing number of reliable altcoins. And today, they are thrilled to announce that they have listed another blockchain based project, the Distributed Credit Chain.
Deposit is now immediately available for DCC with supported pairs that include DCC/BTC and DCC/ETH. Buying will start at 21:30 (UTC+8) and Selling/Withdrawal will commence at 22:00 (UTC+8).
Distributed Credit Chain DCC Introduction
Distributed Credit Chain (DCC) aims to establish business standards, approach consensus on the books, deploy business contracts, execute liquidation and settlement services, and so on, for a variety of distributed financial business. It is recognized as the world’s first banking ecosystem that is based on a public blockchain. DCC’s mission is to improve global financial inclusivity by allowing individuals to control and use their credit with blockchain technology. Moreover, DCC strives to build a decentralized banking ecosystem for financial service providers worldwide.
DCC Dapp
DCC is a decentralized, open credit platform. Any platform with traffic and scenarios can submit its own Dapp applications to DCC, granted that these submissions are based on Distributed Credit Chain standards. In the early stages, to guarantee the health and balance of the ecosystem, the Foundation would review Dapp release applications. The Cyber Sheng Foundation promotes various scenario platforms to enter the DCC ecosystem to provide consumption scenarios of Internet finance through Distributed Credit Chain ecosystem.
DCC Token Utility
Distributed Credit Chain’s native token is known as DCC. It is the credential to utilized to pay for any activities in the Distributed Credit Chain. Any job in the DCC always needs to be paid using DCC. DCC balance is maintained through DCC token contract to keep a fixed total amount of DCC. As the financial service system in the DCC increases, more additional assigned business synopses are embedded and applied more often, which significantly raises the liquidity. DCC’s fee is managed based on the DCC payment contract that is accountable for the DCC payment rules for multi-payer support.
