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Exchange rate of ELU (ELU) to RCN (RCN)

1 ELU = 4.31 RCN


Quotation rate chart ELU (ELU):

Ripio Credit Network (RCN) is a blockchain-based platform that focuses on providing peer-to-peer lending and credit services using digital assets as collateral. The RCN platform is designed to make lending and borrowing more accessible, efficient, and secure by utilizing blockchain technology and smart contracts. 

The primary goal of RCN is to facilitate peer-to-peer lending, connecting borrowers and lenders directly without the need for traditional financial intermediaries such as banks. This can provide individuals and businesses with more affordable access to credit.

The native cryptocurrency of the RCN ecosystem is the RCN token. It plays a crucial role in the platform by serving as the medium of exchange for loan transactions, collateral, and other fees. Borrowers and lenders use RCN tokens to participate in the lending process.


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