What problem does this service solve?

RCN is a peer-to-peer credit network based on a blockchain protocol with cosigned smart contracts. Its goal is to bring lenders and borrowers together and in a global credit network.Altlending enables clients to receive cash loans, by depositing their Bitcoin or Ethereum.

Token Stats

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Company Description

Ripio Credit Network is a blockchain protocol for the lending industry. RCN connects lenders and borrowers anywhere in the world, and facilitates loans in any currency. RCN's goal is to lower fees and costs with a decentralized tokenized lending process, but maintaining an intermediary agent in order to manage the credit risks involved in lending and to handle certain aspects of debt collection. The network is powered by the RCN token.

AltLending is an institutional, crypto-backed lending platform that makes U.S. Dollar loans that are secured by cryptocurrency assets placed in collateral. AltLending is a subsidiary of Dominion Capital and is based in New York.

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