Categories: CryptoNews

BioCoin and RCN Have Combined Efforts to Assist Green Businesses Worldwide

International blockchain project RCN Network and Russian-based loyalty crypto-platform BioCoin have partnered to lend support to green businesses and farmers worldwide. RCN’s expertise will allow BioCoin to develop a superior framework for lending and borrowing resources within the platform.

Disclosure: This is a Sponsored Article

BioCoin is an international blockchain-based loyalty platform, created by eco farming network LavkaLavka. As a combination of cryptocurrency and loyalty platform, BioCoin is designed to support local farmers and organic food retailers and allow them to return value into their communities via a system of rewards and discounts. According to BioCoin’s CEO this partnership was inevitable once he talked to Ripio team and found out they share the same views on eco-friendly agricultural paradigm and responsible consumption.

From the very beginning we have envisioned BioCoin platform as an instrument facilitating small businesses and farmers. Lending support is of course key here. BioCoin’s partnership with Ripio Credit Network will allow users to lend/borrow BIO to support a budding green business.

– said Boris Akimov, CEO BioCoin

Related Post

RCN (previously known as Ripio and BitPagos) is a credit network that aggregates lenders and borrowers from all over the world. Crediting happens with the help of smart contracts and RCN tokens, platform’s native ERC20-compliant cryptocurrency. Each loan is assessed and reinsured by a cosigner (guarantor). Veterans of blockchain-fueled crediting, RCN offered their expertise to BioCoin’s green social project.

We can definitely help BIO enhance crediting framework for BioCoin platform and use BioCoin as lending capital.

– said David Garcia, RCN’s partner and SVP

RCN token sale closed this month with $37 mln having been raised. BioCoin’s token sale is still underway and has almost reached its hard cap with $10 mln worth of tokens already having been sold.

Guest

The writer of this post is a guest. Opinions in the article are solely of the writer and do not reflect The Merkle's view.

Share
Published by
Guest
Tags: rcn network

Recent Posts

These 3 Cryptos Might Rival Solana, Offering Growth Potential For Investors

Solana's (SOL) meteoric rise surprised the crypto world, leaving many investors feeling they missed out…

2 hours ago

SOL Market Cap Hits $100 Billion as Possible Infinaeon Long-Term Price Targets Surge

The SOL price has surged to well over $200 as its market capitalization exceeded $100…

3 hours ago

XRP Price Prediction: Ripple Could Hit $3 as in 2018 Soon, but RCOF Could Rise Above it from $0.05

When the XRP price shot past $3 in 2018, it carved its place as a…

3 hours ago

BlockDAG’s 100% Bonus Energizes the Market & Cutoshi’s Presale Surges

BlockDAG Drops a Huge 100% Bonus in the Bull Run As Cutoshi Presale Heats Up!…

6 hours ago

Solana Meme Coin Duo PNUT and ACT Rocket On Binance Listings, Could This Altcoin Be Next?  

Memes have been on fire lately, with Solana newcomers Peanut The Squirrel and Act 1:…

7 hours ago

Cardano Price Rockets 50% in a Week! Experts Reveal the Next Crypto to Watch

Cardano price has lit up the crypto world with a dramatic 50% price surge that…

7 hours ago