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ripio credit network  (RCN)

Ripio Credit Network (RCN)

$0.06956685 -4.8%
0.00000145 BTC 1.2%
0.00004509 ETH 0.4%
2,626 people like this
Market Cap
$35,746,848
24 Hour Trading Vol
$1,536,869
24h Low / 24h High
$0.06344962 / $0.07924692
Circulating Supply
513,848,856 / 999,942,647
RCN
USD

How do you feel about Ripio Credit Network today?
60%
40%
👍 👎
1h
24h
7d
14d
30d
1y
2.0%
-4.8%
-26.4%
-14.1%
42.4%
4.5%

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Ripio Credit Network Price and Market Stats

RCN Price $0.06956685
Market Cap $35,746,848
Market Cap Dominance 0.00%
Trading Volume $1,536,869
Volume / Market Cap 0.043
24h Low / 24h High $0.06344962 / $0.07924692
7d Low / 7d High $0.06822886 / $0.100418
Market Cap Rank #425
All-Time High $0.525707 -86.8%
Jan 10, 2018 (about 3 years)
All-Time Low $0.00003887 178554.0%
Oct 28, 2017 (over 3 years)
Affiliate disclosures
# Exchange Pair Price Spread +2% Depth -2% Depth 24h Volume Volume % Last Traded Trust Score
1 RCN/BTC
$0.07
0.00000145 BTC
0.68% $10,890 $42,701
$812,887.02
11753990.262 RCN
53.06% Recently
2 RCN/BNT
$0.07
0.013603720019579 BNT
0.6% $4,547 $5,213
$10,069.64
145542.743 RCN
0.66% Recently
3 RCN/BTC
$0.07
0.0000014511 BTC
0.71% $2,400 $2,201
$67,600.92
976443.740 RCN
4.41% Recently
4 RCN/BTC
$0.07
0.00000149 BTC
1.36% $661 $109
$10,546.34
150577.040 RCN
0.70% Recently
5 RCN/BTC
$0.07
0.00000145 BTC
0.69% $6,591 $46,740
$192,888.54
2787428.000 RCN
12.58% Recently
Show More
Anomaly BTC/USD Stale

About Ripio Credit Network Coin

Ripio Credit Network price today is $0.06956685 with a 24-hour trading volume of $1,536,869. RCN price is down -4.8% in the last 24 hours. It has a circulating supply of 510 Million RCN coins and a max supply of 1 Billion. Binance is the current most active market trading it.

Ripio Credit Network (RCN) is a global peer-to-peer credit network based on cosigned smart contracts that facilitates connections between lenders and borrowers across the world, on any currency. It enables people across the globe to access credit, and to provide loans. The RCN token is a typical ERC-20 token. This protocol has the smart contract technology embedded into the Ethereum blockchain which facilitates peer-to-peer lending without the hefty transaction fees that are charged in traditional banking processes. The RCN token functions at the core of the system. The inherent value of the token is directly correlated to the demand for its use in the network.

Based in Argentina, Latin America, Ripio was launched at the TechCrunch Disrupt in May 2016. Sebastian Serrano, founder and CEO of the Ripio Credit Network is a technology enthusiast. He along with his team of technology experts, analysts and developers have designed an impressive concept along with the website, whitepaper and its implementation within the last 2 years. The team comprises of David Garcia (SVP & Board Member), Eugenio Cocimano (Data Scientist), Antonio Ceraso (CTO & Lead Blockchain developer) and Agustin Aguilar (Smart Contracts Developer) among many others. Ripio started off with a primary objective - to democratize the digital economy in Latin America, by offering digital payment alternatives within everyone's reach in a region where 65% remain unbanked.

The smart contract is an integral part of the underlying technology of the Ripio Credit Network. It is generated by the Wallet Provider and executed when it is matched by the Credit Exchange. This smart contract contains information like the relevant credit terms, borrower obligations, events of default along with the signatures or verifications from all other agents. RCN tokens facilitate interaction with the smart contracts among different agents within the RCN. Every credit flow starts when the Borrower makes a credit request. The Borrower performs the request from its Wallet Provider, which has already integrated into the RCN protocol. Post this, the Borrower waits for an approval before any further action can be performed.

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