Ripio Credit Network (RCN) is a protocol based on smart contracts and blockchain technology, which brings enhanced transparency and reliability in credit and lending. The protocol enables connections between lenders and borrowers located anywhere in the world, regardless of currency. By reducing the traditional banking brokerage costs and management fees, RCN aims to allow better conditions for both sides, creating a better credit alternative than anything available today. By including an intermediary agent (the “cosigner”), the RCN seeks to neutralize the lender’s credit risk and, in case of a default, handles the tools to manage the debt collection in the borrower’s country of residence. RCN sets the stage for a decentralized, trustworthy, predictable, and more efficient peer-to-peer global credit network that can make it possible for many ideas and projects all over the world come to fruition.