RCN Network BSC — an open source global credit network that connects lenders, borrowers and senders on the blockchain to create seamless, transparent and limitless credit markets.
Contents:
Description of the RCN Network BSC project
RCN Network BSC operates on its own open source blockchain lending and borrowing protocol. The current version of RCN Protocol v4.0 “Diaspore”, consisting of a modular set of smart contracts, allows users to nominate, secure, receive, repay, finance, transfer and collect loans.
RCN Credit Marketplace — a decentralized application (dApp) that allows users to access and connect to the RCN protocol. The platform allows lenders to provide Decentralized Finance (DeFi) and Centralized Finance (CeFi) loans, borrow peer-to-peer (P2P) loans and manage everything in one place.
RCN Network offers several features and qualities that set it apart from the rest of the blockchain-based lending ecosystem, including the following:
| 1. | Support for DeFi and CeFi loans, allowing lenders to access a variety of alternative lending options without leaving the platform. |
| 2. | Support for multiple cryptocurrencies and fiat currencies. |
| 3. | Non-custody fund management and login, using multiple available wallets. |
| 4. | Lending and borrowing with predetermined and fixed interest rates, amounts and terms. |
| 5. | No difference between interest rates on loans and borrowings, which is ensured by the P2P lending system. |
To connect your wallet, go to the RCN Credit Marketplace and click the Connect button. When the pop-up dialog box appears, select the wallet you want from the available alternatives.
Additional information
At the moment, there are no White Paper and RoadMap on the site. Instead, the developers provide a section with answers to questions. It contains all necessary information about the work of the project. Also, there is a blog on the Medium platform.
To stay up to date with all innovations, subscribe to the community on these social networks:
- twitter;
- telegram;
- facebook.
The smart contract has not been audited.