Ripio Credit is a blockchain-based credit system platform built on top of Ethereum that uses the RCN token (ERC-20 token) for transactions on the platform. The Ripio Credit company is headquartered in Grand Cayman and was founded in 2016 by Sebastian Serrano. The platform enables lenders and borrowers to connect globally, using smart contracts to ensure transparency and reliability. It also provides an intermediary co-signature that acts as a tool for neutralizing a credit lenders risk by being responsible for handling debt collection from the borrower.
Initial coin offering
From October 17, 2017 to November 12, 2017 Ripio Credit held their initial coin offering selling approximately $37 million worth of RCN cryptocurrency tokens.
Founder & CEO
Documentaries, videos and podcasts
- CryptocurrencyA cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.
- BlockchainA blockchain is an append-only digital ledger storing a set of time-ordered transactions grouped in blocks that are linked together using cryptographic hashes.