Permits stakeholders to approve amendments for the protocol, like redefining the consensus protocol; permits side chains to hitch or exit from primary chain dynamically according to consensus protocol, for that reason introducing Competitors and incentive to improve either side chain.
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– acts being a guarantor for Borrowers, and should work as an area agent while in the Borrower’s country of residence for credit card debt collection from the function a Borrower defaults. Ripio would be the initially co-signer.
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The cost of CCC tokens as quoted on exchanges should not deviate considerably from its elementary benefit (i.e. the price quoted on ICONOMI) as any deviations would lead to arbitrage possibilities.
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Observe that just the lenders and agents offer in RCN tokens whilst the borrowers only offer in fiat. This will probably decrease the barrier of entry for people who desire to borrow in the Ripio Credit rating Community.