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.
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.
Team:
Ripio will be holding its ICO on October 17, 2017. The ICO token supply represents 51% of the total token supply, so there will be a total of 510000000 tokens available for investors, at the offering.
Token Reserve Split (49%):
ICO Status | Ongoing |
---|---|
Token Supply | 1000000000 |
Start Date | 2017-10-17 |
End Date | 2017-11-05 |
Fund Raised (BTC) | N/A |
Fund Raised (USD) | N/A |
Start Price (USD) | 0.00025 |
Security Audit Company | N/A |
ICO Legal Form | N/A |
ICO Jurisdiction | Cayman Islands |
Legal Advisers | Perkins Coie |
Blog | https://medium.com/@rcn_news/ |
White Paper | https://ripiocredit.network/wp/RCN%20Whitepaper%20ENG.pdf |