In an era of data breaches and regulation, it’s time our credit network got its act together. The Equifax data breach opened the eyes of millions of consumers around the world to the harsh reality that is our economic backbone. Why should companies like Equifax, Experian, and TransUnion be charged with maintaining our information and governing the terms of our loans and credit applications? It’s clear they cannot be trusted in this day and age with the unlimited information that is submitted to them every second of every day. By opening our credit networks to the blockchain and smart contracts, we will begin to seePowered by WPeMatico
Many people view cryptocurrencies as a legitimate threat to traditional finance. Moreover, currencies such as Bitcoin offer financial services to people in underbanked regions. Ripio Credit Network wants to connect lenders and borrowers all over the world to establish a peer-to-peer global credit network. What does the Ripio Credit Network Provide? The Ripio Credit Network wants to offer a real global credit ecosystem which is more suitable than traditional solutions and even than similar peer-to-peer lending services. While that sounds like a tall order, the RCN protocol will connect lenders and borrowers all over the world via the native RCN token. By supporting