Ripio Credit NetworkRCN#577

A cryptocurrency token based on the Ethereum blockchain, Ripio Credit Network (RCN) launched in 2017 and connects lenders, borrowers and loan originators. Seeking to create ‘frictionless, transparent and borderless debt markets’, RCN uses blockchain technology to serve credit supply and demand seamlessly. Its decentralised marketplace allows lenders to reach the world’s most profitable debt markets, and the platform provides everyone from fintech companies to blockchain startups with access to global credit supply. By operating on a sophisticated DApp, RCN combines the capacity of a digital lending platform with blockchain’s security and accountability. Allowing key decentralised finance service providers to interact with each other, the open-source smart-contracts bring new possibilities to borrowing and lending.