ReSource Protocol SOURCE Price $ 0.00924

ReSource Protocol provides a comprehensive toolbox for the creation of distributed mutual credit systems that grant participants access to cost-effective credit at extremely competitive terms, further collaborative commerce, and give rise to a new kind of stablecoin that derives its stability and value from organic market forces. 

At the heart of ReSource lies a multi-sided lending system that allows businesses to extend credit to each other in the form of goods provided and services rendered. Effectively, this means that participants in the system can access each other’s goods and services in return for guarantees to provide their own equally-valued goods and services to other participants in the network.  

The capabilities of the ReSource protocol can be adapted to various use cases and may accommodate the needs of closed-commerce mutual trading communities, as well as for-profit permissionless open-market applications. The ReSource Network, as the first application built on the ReSource protocol, is a blend of both and primarily addresses global SMBs, freelancers, and startups.