March is over and with it Q1 has come to an end! For RCN the year’s first quarter was full of work, reached milestones, fresh ideas and new directions in every front, from Development and Product to Design and Communications. Here are the latest news!
RCN v4 Diaspore
The RCN v4 Engine -codename “Diaspore”- is here! RCN’s first stable release, whose development was completed during Q1, incorporates a modular structure that assigns each one of the protocol’s features its own smart-contract. This improves the system’s performance and scalability potential and enables the integration of new functions, such as collateral-backed loans and multi-lender to multi-borrower debt products. In addition, the new Engine will allow debtors to repay their loans in installments, increasing the flexibility of their payments scheme.
Diaspore will finish its auditing process and be merged to the protocol’s mainnet during Q2, with the new features becoming gradually available on the dApp.
dApp’s UX/UI
The dApp’s interface is being updated to improve its User Experience. The new Sign-In user flow will incorporate more information about crypto funds management with Metamask’s wallet, in order to ease the lending process for first-time users. Similarly, the new checkout phase will improve the user’s understanding of the lending transaction before it is confirmed.
Marmo SDK
Q1 saw the birth of Marmo, an open-source SDK that simplifies interactions with the Ethereum network by abstracting some of its core characteristics while maintaining trustlessness and security.
Marmo’s smart-contracts have successfully completed an exhaustive security audit by Zeppelin and have already been deployed on mainnet. In addition, Marmo’s library is already available in Java, Javascript and Python.
Further development will include the final deployment of an operative Relayer and the completion of the SDK’s Documentation. Once it is completed, Marmo will provide the foundations for the development of the RCN SDK.
RCN API
The RCN API is being enhanced to provide the RCN developer community with new tools, including the ability to access loan data without having to interact with smart-contracts, which increases the speed of the process.
RCN’s New Website
RCN is getting a new look! The website is being completely revamped to better reflect the current state of the project and its future milestones.
In addition to renewed aesthetics, the update includes more specific information for and about RCN Creditors, Originators and the rest of the network’s stakeholders, including detailed diagrams of the protocol’s use cases and the loans’ properties and life cycle.
The new website will be online soon. Stay tuned!
2019 Event Calendar
For RCN, 2019 will be full of reached milestones and fresh ideas that deserve to be shared across the world. From South America and Europe to Asia and Oceania, the project will be present at dozens of finance, fintech and blockchain top-tier events.
The year’s event calendar was kick-started at Sidney, Australia, with EDCON, a six-day immersion in the latest trends and ideas from the forefront of Ethereum innovation. With a big focus on Ethereum 2.0 and different proposals for increasing scalability, some of the event’s most discussed topics included sharding, Casper Protocol, sidechains, Plasma Chains and ZKRollup.
RCN’s event tour will continue in Q2. Expect more announcements soon!
RCN Listing on Messari
During February RCN was listed on the transparency-focused crypto database Messari, becoming part of its Disclosures Registry. Founded by Ryan Selkis and Dan McArdle, the company builds data tools designed to provide the blockchain ecosystem with better and more reliable information about its projects.
RCN’s addition to Messari’s database represents an important accomplishment to the project’s continuous efforts for offering the highest standards of transparency, and provides the basis for a fruitful cooperation relationship between the two entities.
The RCN’s information page can be accessed here.
Next in Q2
The year’s second quarter is already here and work continues! From the new web’s release to the final deployment of Diaspore’s new features, Q2 will be full of new completed milestones in every area.
Stay tuned for more exciting news to come in the following months!
Never miss one of RCN’s updates!
- Visit its Official Website & check the Credit Marketplace.
- Follow it on Twitter, Facebook & LinkedIn.
- Join its community on Telegram.
- Check its code on Github.
- Reach it at contact@rcn.finance & helpdesk@rcn.finance.
