RCN March 2021 Recap
March’s over! Last month saw the integration with Proof of Humanity, and advances in the Multi-chain adoption paradigm with Binance Smart Chain. Here are the latest news!
This month RCN rapidly integrated Proof of Humanity as its first decentralized identity provider allowing users to verify each other’s identity without leaving the platform, establishing the first building block for the development of Undercollateralized Loans.
Once Proof of Humanity was released by Cooperative Kleros and the Democracy Earth Foundation. RCN started to study it immediately, noticing that this Decentralized identity (DID) truly aligns with an open, robust, and user-friendly interface solution, being very difficult to duplicate or fake identities. Where those with suspicious profiles can be challenged by any user, starting a process of compliant dispute resolution using Kleros.