Ten cryptocurrency predictions for 2018 from the co-founder of the Blockchain Research Institute

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Wallet providers Generate the smart contracts and broadcast them to the network, adding information on the borrowers and their credit requests. ID verifiers Verify and attest the identity of each borrower as a first security measure. Scoring agents Provide a credit score credits blockchain funding each borrower and gather the transactional information from traditional and non-traditional sources.

Oracles Set the price feed of the RCN token, determining the exchange rate in local currency at the time the loan is credits blockchain funding. Although credit transactions are denominated in local currency, RCN tokens are required to access the network and facilitate transactions among all agents.

Ripio Credit Network launches, aiming to attack bank loan fees in emerging markets. The RCN Credits blockchain funding Wallet providers Generate the smart contracts and broadcast them to the network, adding information on the borrowers credits blockchain funding their credit requests.

Watch how RCN works in less than 2 minutes. For technical info check our GitHub. Luciana Gruszeczka Compliance Officer. Juan Mendez Head of Marketing. Facundo Rodriguez Blockchain developer. Pablo Lefort Full stack developer. Agustin Aguilar Smart contracts developer. Ethereum Enterprise - Alliance. BNK to the future. Subscribe to our newsletter to get RCN updates Thank you!

Your submission has been received! Techcrunch Ripio Credit Network launches, aiming to attack bank loan fees in emerging markets. The Credits blockchain funding Web 3 companies that are shaking up traditional markets thanks to blockchain. Interested in partnering with RCN?

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Thanks to a deep analysis of users' needs, we have developed a unique and balanced system to achieve high processing-speed operations of up to a million operations per second. The average duration of transaction processing goes from 0. The platform does not have a block system like Bitcoin or Ethereum do. We have developed a very unique architecture including ledger, new consensus protocol, new advanced full smart contracts, saving transactions, transfer transactions and more. This allows the project to achieve a level of performance that is unattainable by other platforms: Yes, the development of the platform is completely open source.

For Whom Is Your Platform? The platform's target audience is highly diverse: Why The Financial Industry? The financial industry requires high-speed processing and low transaction costs above all else. These attributes enable shopping, payments, transfers, exchange, and much more.

However, CREDITS can be used not only for financial transactions, but also for other industries for which the speed and price of the transaction e. Developers, companies, and users who want to create online services.

Will You Create Financial Products? Accordingly, the team is committed to increasing the number of users and helping with implementation of new applications. The main task of the team is to create and foster the CREDITS platform to serve multiple industries and applications, including the financial industry.

We believe that financial services are in the early stages of utilizing blockchain technologies, as many existing blockchain platforms fail to address their primary concerns slow transaction processing speed and high transaction fees. Additionally, existing blockchain platforms lack the essential functionality necessary to build financial services for the blockchain system, namely: How Will People Use It? It can be used to perform most "obvious" blockchain functions e.

Where Is Your Company?