DCC Announces Expansion of Strategic Partnership with Newton
NEW YORK, June 12, 2018 — Distributed Credit Chain (DCC) announces today the expansion of its strategic partnership with Newton, a star blockchain project.
DCC and Newton will continue to build a cross-industry ecosystem, where blockchain technology supports multiple scenarios across consumer finance and supply-chain finance. In addition, NewMall, Newton’s blockchain-based online retail platform, will bring millions of users to the joint ecosystem.
In the future, users can enrich their DCC credit profile by importing transaction records and credit history data from NewMall. With a more comprehensive profile, DCC users will be able to enjoy lower interest rates and loans of larger amounts.
“Blockchain enhances the flows of capital and goods. In other words, it infuses new energy into traditional online malls, which is an important step to inclusive finance. We’re pleased to work with Newton, and we look forward to more milestones to come,” commented Stewie Zhu, CEO and founder of DCC.
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