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.CoinLoan is a P2P lending platform that allows people to use their crytpocurrency assets as collateral to receive loans.

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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.

CoinLoan's peer-to-peer lending network allows users to leverage their blockchain assets to secure loans, and get fast liquidity without having to sell their cryptocurrencies.

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