Ripio Credit Network

Overview of Ripio Credit Network

  • Ripio Credit Network (RCN), a new infrastructure p2p lending protocol based on smart contracts and blockchain technology from the South American-based crypto company Ripio (formerly BitPagos), hit the targeted maximum token distribution value of $37 million (121,300 ETH).
  • Ripio Credit Network is a global credit network that uses smart contracts and blockchain technology to connect lenders and borrowers – regardless of which currency they’re using or where those parties are based.
  • Ripio Credit Network produces its own wallet software that is available for download on its website, which allows you to store Ripio Credit Network on your computer.
  • Ripio Credit Network came into being in 2013 backed by BitPagos, the first Latin American Bitcoin payment platform for offering Bitcoin-based financial services.
  • Ripio Credit Network works by democratizing lending on the Blockchain thereby eliminating the need for middlemen which include banks and other financial institutions.
  • Ripio Credit Network price Index provides the latest RCN price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
  • Ripio Credit Network, a company that has raised $5 million in funding from VC like Tim Draper, Pantera, DCG, Overstock (Medici Ventures) and others.
  • Ripio Credit Network (RCN) is the #503 largest cryptocurrency by market cap as of May 05, 2021, with a market cap of $69,685,797 USD.
  • Ripio Credit Network's share of the entire cryptocurrency market is 0.00% with the market capitalization of $ 69.04 Millions.
  • Ripio Credit Network all-time high is $0.52571 This ATH was reached on Jan 10, 2018.

    • Blockchain

    Mine

    Network

    RCN is a protocol based on smart contracts that standardizes credit lending through blockchain technology.The protocol facilitates connections among several agents, each of whom play a role to ultimately offer the lender better tools to manage its capital, reduce the intermediation costs between a lender and borrower, provide increased credit access to borrowers, and, as a result, make more projects viable.The Ripio Credit Network can connect borrowers, lenders, and other network agents all over the world, allowing each one of them to manage the credit in their local currencies, as long as they have Internet access.

    How do I buy Ripio Credit Network?

    It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Ripio Credit Network.

    How do I mine Ripio Credit Network?

    Ripio Credit Network can be mined using specialized mining software.XMR Stak is a commonly-used mining tool that works for CPU mining and GPU mining with both Nvidia and AMD graphics cards.CCMiner is another popular mining tool for computers with NVIDIA graphics cards.In addition to having mining software, you will need a Ripio Credit Network and access to a mining pool that pools your effort with other miners and a wallet to store the Ripio Credit Network that you earn from mining.Most cryptocurrencies have multiple publicly-available mining pools that can be found with a simple Google search.

    How Do RCN Tokens Work?

    RCN tokens are the backbone of Ripio Credit Network.51% of the total supply of RCN tokens will be made available to the public through token sales.

    How Does Ripio Credit Network Work?

    Ripio Credit Network, or RCN, is a protocol that aims to bring enhanced transparency and reliability to the worlds of credit and lending.The protocol uses blockchain technology and smart contracts to enable a connection between lenders and borrowers located anywhere in the world, regardless of their currency.

    How Does Ripio Credit Network Work?

    Ripio acts as a peer-to-peer network based on cosigned Smart Contracts.A co-signer acts as a re-insurer that distributes and reduces lenders risk, while at the same time helping improve contract conditions by retaining borrower’s local legal system.

    How Does Ripio Credit Network Work?

    Ripio acts as a peer-to-peer network based on cosigned Smart Contracts.A co-signer acts as a re-insurer that distributes and reduces lenders risk, while at the same time helping improve contract conditions by retaining borrower’s local legal system.

    How Many Ripio Credit Network Coins Are There?

    There are currently 508,404,746 Ripio Credit Network coins circulating out of a max supply of 999,942,647.

    How Much Did Ripio Credit Network Raise?

    The Ripio Credit Network ICO (initial coin offering) raised $37,863,045 USD by selling 540900642.8571428 Ripio Credit Network tokens at a price of $0.07 USD.The Ripio Credit Network ICO began on October 17, 2017 and ended on November 05, 2017.Key team members during the Ripio Credit Network ICO included Sebastian Serrano, David Garcia, and Luciana Gruszeczka.

    Ripio Credit Network Review – RCN ICO Blockchain Lending Transparency?

    Ripio Credit Network is a global peer-to-peer credit network based on co-signed smart contracts.Find out how it works today in our review.

    Want Daily RCN Price Updates?

    This site is protected by reCAPTCHA and the Google  Privacy Policy and  Terms of Service apply.

    What coins are similar to Ripio Credit Network?

    The following coins use Ripio Credit Network’s ETH Token algorithm and proof of work (PoW) proof-type: The Transfer Token, Paxos Standard, Arweave, Carry, SOLVE, Project Pai, HoryouToken, Origin Sport, Smartshare, MARK.SPACE, MIB Coin, POPCHAIN, Vezt, WITChain and BitClave.

    What hashing algorithm does Ripio Credit Network use?

    Ripio Credit Network is a proof of work (PoW) coin that uses the ETH Token algorithm.

    What Is Ripio Credit Network's Price Today?

    Ripio Credit Network (RCN) is trading at $0.13707 USD, decreasing by -8.06% since yesterday.Ripio Credit Network has traded $1,741,136 USD in the last 24 hours.

    What Is Ripio Credit Network?

    Ripio Credit Network is a global credit network that uses smart contracts and blockchain technology to connect lenders and borrowers – regardless of which currency they’re using or where those parties are based.

    What is Ripio Credit Network?

    The Ripio Credit Network is a global network built on co-signed Smart Contracts and Blockchain technology.The network seeks to connect lenders and borrowers around the world in any currency.Agents use the Smart Contracts to analyze a borrower’s credit risk impartially, thus standardizing lending practices through Blockchain technology.

    What is Ripio Credit Network?

    The Ripio Credit Network is a global network built on co-signed Smart Contracts and Blockchain technology.The network seeks to connect lenders and borrowers around the world in any currency.Agents use the Smart Contracts to analyze a borrower’s credit risk impartially, thus standardizing lending practices through Blockchain technology.

    What Is Ripio Credit Network?

    RCN token supports value throughout the ecosystem.The value of token itself directly correlates with to its demand.The funds provided by a creditor in another cryptocurrency could be exchanges to RCN, transferred to the blockchain and converted back to the borrower’s preferable currency.

    What is Ripio Credit Network?

    The Ripio project came to existence in 2017 as a rebrand of BitPagos, the first Bitcoin payment platform in Latin America operating since 2013.In 2016 Ripio launched online credit service Ripio Credit, allowing its users to finance their online payments by using Bitcoin.The Ripio Credit Network and its intrinsic token RCN come as an extension of the projects the developers of Ripio have built in the past.This new iteration of Ripio leverages the power of Ethereum’s smart contracts in the process of connecting borrowers, lenders and other network agents around the globe.The network agents play a role of ID verifiers, Credit scorers, Cosigners and all of them, backed by Oracles, contribute to risk lowering in the platform’s P2P credit issuance.RCN tokens provide users with network access and are used to expedite transactions between network participants (agents).

    What is Ripio Credit Network?

    Ripio Credit Network is a global credit network based on cosigned smart contracts and blockchain technology that connects lenders and borrowers located anywhere in the world and on any currency.

    What is Ripio Credit Network?

    RCN is a global credit network based on cosigned smart contracts that connects lenders and borrowers located anywhere in the world and on any currency.The smart contracts connect agents with information on the borrower’s identity to agents that analyze the borrower’s credit risk impartially, thus standardizing credit lending through blockchain technology.A cosigner acts as a re insurer that distributes and reduces the lender’s risk and, at the same time, helps to improve the contract conditions by retaining access to the borrower’s local legal system.

    What is the Reddit page for Ripio Credit Network?

    The official Reddit community (subreddit) for Ripio Credit Network is r/RipioCreditNetwork.

    What is the Ripio Credit Network?

    South America has traditionally been plagued by corruption and a lack of transparency in financial dealings and the Ripio Credit Network is looking to change that by bringing financial stability and transparency to the lending and credit sector.

    What is the value of Ripio Credit Network?

    One Ripio Credit Network (RCN) is currently worth $0.14 on major cryptocurrency exchanges.You can also exchange one Ripio Credit Network for 0.00000252 bitcoin(s) on major exchanges.The value (or market capitalization) of all available Ripio Credit Network in U.S.dollars is $70.17 million.

    Where can I get Ripio Credit Network wallet?

    Ripio Credit Network produces its own wallet software that is available for download on its website, which allows you to store Ripio Credit Network on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

    Where to buy RCN in the US?

    Any advice on where I could buy RCN in the US now that Binance, Birrex, etc.do not have RCN listed? Thanks.

    Who’s Behind Ripio Credit Network?

    Ripio is led by Founder and CEO Sebastian Serrano, the former CEO of DevsAr.

    History of Ripio Credit Network

  • In 2014 they released Ripio, which was a Bitcoin wallet at the time.