Exchange Ripio Credit Network

rcn Price Live Data

The live Ripio Credit Network price today is $ 0.002 usd with a 24-hour trading volume of $158 usd. We update our RCN to usd price in real-time. Ripio Credit Network is up 1.75% in the last 24 hours. The current coinmarketcap ranking is #2804, with a live market cap of $1 042 266 usd. It has a circulating supply of 530 848 752 RCN coins and the max. Supply of 999 942 483 RCN coins.

What Is Ripio Credit Network (rcn)?

RCN is an open-source global credit network that connects lenders, borrowers and originators on the blockchain to create frictionless, transparent and borderless loan markets. The RCN Credit Marketplace is a proprietary Decentralized Application (dApp) that allows users to access the RCN protocol and connect with its features. By combining digital lending and borrowing tools with all the transparency and security of the blockchain, the RCN Credit Marketplace enables creditors to lend Decentralized Finance (DeFi) and Centralized Finance (CeFi) loans, borrow Peer-To-Peer (P2P) loans and manage everything in one place. RCN is powered by its own open-source blockchain lending and borrowing protocol, which in turn runs on the Ethereum network. Composed by a modular set of smart-contracts, the protocol’s current version RCN Protocol v4.0 “Diaspore" allows its users to denominate, collateralize, receive, repay, fund, transfer and collect loans. In addition, it is compatible with a wide variety of Oracles, Loan Types and Backings.