Yesterday Ripio Credit Network (RCN), a global peer-to-peer credit network based, which are backed by Ripio, announced that it has partnered with a virtual reality platform powered by the Ethereum blockchain called Decentraland.
Recently RCN announced partnership with Aelf and FBG Capital to build a virtual Silicon Valley, where projects can form collaborative workspaces, hold Meetups, announce breakthroughs directly to their communities, connect with a global investor base, and interact with potential partners. It is stated that it will also serve as a hub for blockchain enthusiasts around the world.
We’re very excited to work with the RCN team. By integrating our services, Decentraland users will have newfound access to credit, augmenting their ability to invest in their virtual endeavors.
Project Lead, Decentraland
Decentraland users are already using cryptocurrency to purchase virtual land. Under the partnership, companies intend to find a way to give landowners access to credit, for instance using other digital assets as collateral, would allow them to expand their businesses and offerings at greater speeds.
Our goal is not just to build new standards in global credit services, but also to give birth to a global lending ecosystem that can connect people on any currency, no matter if they trade in the real or the virtual world. Our alliance with the Decentraland team is a huge step towards this objective.
SVP, Ripio Credit Network
The implementation of the RCN protocol into Decentraland is expected by the second quarter of 2018.