DCC Weekly Update — November 21, 2018

Happy 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 World

Block Plus Summit — Token Economy and Financial Market

On 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 News

Check out our Korean newsletter to see if you are one of the winners in the weekly quiz !

Tech Developments

The DCC Platform

• We’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.

BitExpress

• We’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 Blockchain

• Crypto Insurance Is Hard to Come By. Unless You’re Coinbase
• NYSE Owner Delays Bakkt Bitcoin Futures Launch to 2019
• VanEck Subsidiary Launches Bitcoin US OTC Spot Index

Recommended DCC Reading

• Cross-border payments is one of the hottest issues in blockchain banking
• The status of global crypto regulation
• Crypto’s institutional investment problem

Previous Newsletters

• DCC Weekly Update — October 24, 2018
• DCC Weekly Update — October 16, 2018

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