 Ripio Credit Network RCN |
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| Global credit network based on co-signed smart contracts | ||||
| Start date | 17. Oct 2017 | End date | 05. Nov 2017 | |
| Information | Ripio Credit Network is a protocol based on smart contracts and blockchain technology, which brings enhanced transparency and reliability in credit and lending. The protocol enables connections between lenders and borrowers located anywhere in the world, regardless of currency. The RCN smart contract connects agents with information on the borrower’s identity to agents that analyze the borrower’s credit risk impartially, thus standardizing credit lending through blockchain technology. The cosigner acts as a reinsurer that distributes and reduces the lender’s risk and, at the same time, helps to improve the contract conditions by retaining access to the borrower’s local legal system. |
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| Whitepaper | Bitcointalk (not available) | |||
| Reddit (not available) | Slack chat (not available) | |||
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