RCN weekly update: first credit loans, Exchange Union partnership and BioCoin alliance
First credit loans: a key milestone for the RCN network
As we announced a few days ago, RCN launched its first credit exchange implementation on the argentinian-based Bitcoin wallet Ripio (whose core team developed the idea behind RCN), using the network protocol smart contracts.
This week, the brand-new Alpha RCN exchange executed its first credit loan requests, a feature that was open for selected number of borrowers from Argentina, which is the current main market of the Ripio wallet. Ripio will allow more loan requests from its current +130k users during the following weeks.