KuCoin exchange, one of the biggest trading platform in Asia with great features is remarkably proud to announce the listing of another potentially fast-growing token. As of today, the Distributed Credit Chain is added on the platform. DCC holders can deposit and sell their assets on KuCoin.
DCC is now available for deposits with supported pairs including DCC/BTC and DCC/ETH.
Distributed Credit Chain is the key answer to the surging problems seen in the financial sector. Reducing the costs of the financial services on which everybody depends will not be easy. Advancing efficiency in this industry will demand a lot of work as well, for rather understandable reasons. As an addition, the profiteering perspective has created many concerns over the years and will continue to do so for some time to come.
This project intends to allow borrowers to build a blockchain account to authorize data service providers. These service providers will integrate individual data and collect it on the blockchain, as well as clean “tainted data” in the process. By utilizing complex algorithms and computation service providers, components will be “extracted” from this data pool.
The blockchain ecosystem cannot survive without its own exclusive token. That is slightly uncertain, but in the position of Distributed Credit Chain, DCC will compensate for operations and other activities. Anyone who wants data or reports will need to pay a specific value of DCC to the related data institutions. Furthermore, credit companies will demand to pay an amount of DCC to a certification body when confirming the validity of data.
Known as a Hong Kong-based cryptocurrency trading platform, KuCoin is recognized for its exceptional technology and cheaper transaction costs. It has an impressive range of cryptocurrencies and a rewarding user-loyalty system based on its native cryptocurrency, KuCoin Shares (KCS).
This platform has state-of-the-art innovations with high accessibility real-time exchange service. Users can reliably and conveniently use the system for any cryptocurrency trading activities through the KuCoin App or at KuCoin’s official website.
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