RCN is a global credit network that connects lenders, borrowers, and originators on the blockchain. It aims to create frictionless, transparent, and borderless loan markets. The RCN Credit Marketplace is a decentralized application (dApp) that allows users to access the RCN protocol and its features. By combining digital lending and borrowing tools with the security of the blockchain, the RCN Credit Marketplace enables creditors to lend decentralized finance (DeFi) and centralized finance (CeFi) loans, borrow peer-to-peer (P2P) loans, and manage everything in one place. RCN is powered by its own open-source blockchain lending and borrowing protocol, which runs on the Ethereum network. The protocol allows users to denominate, collateralize, receive, repay, fund, transfer, and collect loans. It is also compatible with various oracles, loan types, and backings.

RCN was founded by Sebastian Serrano, the CEO of Ripio Group. He is a tech entrepreneur from Argentina. In 2013, he launched the digital platform Ripio, offering fiat-to-crypto brokerage and fintech solutions for consumers. RCN was created in 2017 to bridge the gap between credit supply and demand across borders, providing decentralized lending and borrowing solutions. The Credit Marketplace allows lenders worldwide to access attractive lending opportunities, while borrowers can request funds on their own terms by posting crypto-collateral. RCN also provides flexible access to global credit supply for various entities beyond retail borrowers.

RCN offers three unique factors:

• Financial Efficiency: Peer-to-peer loans have no spread between borrowing and lending annual percentage rates (APRs), allowing lenders to earn more and borrowers to pay less.
• Customizability: Peer-to-peer loans allow borrowers to choose their own APR and decide how they will repay.
• Stability: Peer-to-peer loans have fixed APRs throughout the loan term, providing borrowers with clarity on their repayments from the beginning to the end.