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Ripio Credit Network

A global peer-to-peer credit network

Ripio Credit Network is a global credit network based on cosigned smart contracts and blockchain technology that connects lenders and borrowers located anywhere in the world and on any currency.

2.6
1 0 expert ratings
Benchy 2.6
KYC
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~$37,000,000
value of tokens sold in ICO
Ended
Token
RCN
Type
Price in ICO
0.0743 USD
Country
ICO start
17th Oct 2017
ICO end
12th Nov 2017
Visit ICO website
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About Ripio Credit Network

Ripio Credit Network (“RCN​”) 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. By reducing the traditional banking brokerage costs and management fees, RCN aims to allow better conditions for both sides, creating a better credit alternative than anything available today. By including an intermediary agent (the “Cosigner​”), the RCN seeks to neutralize the lender’s credit risk and, in case of a default, provide an alternative mechanism for managing the debt collection in the borrower’s country of residence.

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