Ripio Credit Network RCN to Nebula AI NBAI Exchange

Crypto Pair Details: RCN to NBAI

Ripio Credit Network RCN

Ripio Credit Network (RCN) is a global peer-to-peer credit network based on cosigned smart contracts that facilitates connections between lenders and borrowers across the world, on any currency. It enables people across the globe to access credit, and to provide loans. The RCN token is a typical ERC-20 token. This protocol has the smart contract technology embedded into the Ethereum blockchain which facilitates peer-to-peer lending without the hefty transaction fees that are charged in traditional banking processes. The RCN token functions at the core of the system. The inherent value of the token is directly correlated to the demand for its use in the network. Based in Argentina, Latin America, Ripio was launched at the TechCrunch Disrupt in May 2016. Sebastian Serrano, founder and CEO of the Ripio Credit Network is a technology enthusiast. He along with his team of technology experts, analysts and developers have designed an impressive concept along with the website, whitepaper and its implementation within the last 2 years. The team comprises of David Garcia (SVP & Board Member), Eugenio Cocimano (Data Scientist), Antonio Ceraso (CTO & Lead Blockchain developer) and Agustin Aguilar (Smart Contracts Developer) among many others. Ripio started off with a primary objective - to democratize the digital economy in Latin America, by offering digital payment alternatives within everyone's reach in a region where 65% remain unbanked. The smart contract is an integral part of the underlying technology of the Ripio Credit Network. It is generated by the Wallet Provider and executed when it is matched by the Credit Exchange. This smart contract contains information like the relevant credit terms, borrower obligations, events of default along with the signatures or verifications from all other agents. RCN tokens facilitate interaction with the smart contracts among different agents within the RCN. Every credit flow starts when the Borrower makes a credit request. The Borrower performs the request from its Wallet Provider, which has already integrated into the RCN protocol. Post this, the Borrower waits for an approval before any further action can be performed.

Nebula AI NBAI

Nebula AI is a decentralized blockchain integrated with Artificial Intelligence and sharing economies. With the Nebula blockchain, developers can deploy their Artificial Intelligence applications easily on a blockchain platform. The integrated API/SDK and payment services allow the developers to earn revenue based on the AI smart contract. Nebula AI also allows the GPU miners to contribute their GPU hash power to AI computing power which allow for a variety of AI applications. This invention allows Nebula AI to compete with the pricing of Amazon and Google cloud computing services. The blockchain technology provides a digital trust mechanism for human beings which enhances the efficiency of value exchange and reduces costs, the genuinely credible and efficient Internet of Value is approaching. In recent years, many breakthroughs have been made in the field of artificial intelligence, and artificial intelligence has now penetrated every corner of human society and will become an essential cornerstone of change in human society. Nebula AI is committed to building a decentralized artificial intelligence computing blockchain (NBAI) that reduces the energy costs of traditional Proof of Work by converting GPU mining machines into AI computing services.The AI transactions recorded on NBAI will be irreversible. The distributed computing network also ensures high concurrency and low latency computing power. The conversion of GPU mining machines makes it possible to provide more cost-effective artificial intelligence services. Nebula AI will cooperate with large-scale third-party Internet data centers to provide adequate computing power for AI computing. Nebula AI has established an artificial intelligence training centre in Canada. System-based quantitative finance, image identification and other blockchain applications are also in development. The well-developed NBAI ecosystem integrates the top-level applications such as DAI App, scientific research and application, university education, and the bottom-level of NBAI blockchain, Artificial Intelligence Mining Machine and Artificial Intelligence Data Center. The innovative economic model of NBAI ecosystem is the realization of a complete set of value-added economic systems.

SOURCE: COINGECKO

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