Ripio Credit Network Price Today, RCN Price Chart, Pairs & Market Cap — CoinMarketRate
9.96%$0.002146
RCN
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Ripio Credit Network
RankRipio Credit Network
Name
Market Cap
Price
Volume (24h)
Circulating Supply
Change (24h)
Price Graph (7d)
1434
1434
Ripio Credit Network
$1,090,783508,404,746RCN9.96%
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Ripio Credit Network

What is the Ripio Credit Network (RCN)?

Ripio Credit Network (RCN) is a blockchain - based peer-to-peer lending protocol created on jointly signed smart contracts, and connects lenders and borrowers around the world.

RCN Credit Marketplace is a proprietary decentralized application (DApp) that allows users to access the RCN protocol and connect to its functions. By combining digital lending and borrowing tools with all the transparency and security of the blockchain, RCN Credit Marketplace allows lenders to provide loans of decentralized financing (DeFi) and centralized financing (CeFi), borrow loans in a peer-to-peer network (P2P) and manage everything in one place.

RCN operates on its own open source blockchain lending and borrowing protocol, which, in turn, operates on the Ethereum network. The current version of the RCN Protocol v4. 0 "Diaspore", consisting of a modular set of smart contracts, allows users to define, secure, receive, repay, finance, transfer and collect loans. It is also compatible with a wide variety of oracles, loan types and support.

Who are the founders of RCN?

RCN was founded by Ripio Group CEO Sebastian Serrano. He is a tech entrepreneur from Argentina. In 2013, he launched the Ripio digital platform, offering brokerage services for the exchange of fiat money for cryptocurrency and a full set of fintech solutions for consumers.

RCN, established in 2017, aims to reduce the gap between the supply and demand of loans in different countries by creating an innovative ecosystem of decentralized lending and borrowing solutions for a variety of stakeholders. The credit market provides an opportunity to use attractive lending opportunities around the world, while borrowers around the world can request funds on their own terms by placing cryptocurrency collateral. RCN also provides flexible access to global lending to various organizations, in addition to retail borrowers.

What makes RCN unique?

RCN's unique offer consists of the following three factors:

  • Financial efficiency: Peer-to-peer loans do not have a difference between the annual interest rate on loans and loans. Now lenders can earn more, and borrowers pay less.
  • Customizable: Peer-to-peer loans allow borrowers to choose their own annual interest rate. Be the one who decides how they will pay for taking out a loan.
  • Stability: The more important interest rate on peer-to-peer loans does not change during their validity period. Now they can know how much they will pay from the first to the last day.

How many RCN tokens are in circulation?

If the maximum offer is missing, 508,404,746 of RCN tokens are in circulation .

At the moment, the asset value is - 0.00214550 USD, the daily trading volume is 22,082 USD, and the market capitalization is 1,090,783 USD.

How is the Ripio Credit Network protected?

The Ripio Credit Network is protected by the Proof of Work (PoW) consensus algorithm, as well as the Proof of Humanity system.

Proof of Humanity is a system that combines social verification with sending videos to create a list of people protected from Sybil.

Summary

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  • Each unique 24-word recovery phrase creates a new set of private keys.
  • Make sure you secure your 24-word recovery phrase properly.
RCN  Statistics
RCN  Price
$0.002146
RCN  ROI
-96.93%
Market Rank
#1434
Market Cap
$1,090,783
24 Hour Volume
$22,082
C-g Supply
508,404,746
Total Supply
999,942,647
All Time High
$0.002491
4 грудня 2022 р.
All Time Low
$0.069778
27 жовтня 2017 р.
52 Week High / Low
$0.013547
/ $0.002049
90 Day High / Low
$0.004515
/ $0.002049
30 Day High / Low
$0.004405
/ $0.002049
Day High / Low
$0.003313
/ $0.002049
24 Hour High / Low
$0.002512
/ $0.002246
Yesterday's H / L
$0.002491
/ $0.002490
Yesterday's O / C
$0.002490
/ $0.002491
Yesterday's Change
$0.000001
0.04%
Yesterday's Volume
$2,263
Rank 1434

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RCN  Statistics
RCN  Price
$0.002146
RCN  ROI
-96.93%
Market Rank
#1434
Market Cap
$1,090,783
24 Hour Volume
$22,082
C-g Supply
508,404,746
Total Supply
999,942,647
All Time High
$0.002491
4 грудня 2022 р.
All Time Low
$0.069778
27 жовтня 2017 р.
52 Week High / Low
$0.013547
/ $0.002049
90 Day High / Low
$0.004515
/ $0.002049
30 Day High / Low
$0.004405
/ $0.002049
Day High / Low
$0.003313
/ $0.002049
24 Hour High / Low
$0.002512
/ $0.002246
Yesterday's H / L
$0.002491
/ $0.002490
Yesterday's O / C
$0.002490
/ $0.002491
Yesterday's Change
$0.000001
0.04%
Yesterday's Volume
$2,263
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