RCN stands for Residential Communications Network. It is the first facilities-based provider of bundled services in the United States. Its name is also the acronym for "residential communication network." The company started in 1994. Its founders, Dan and Mike DeSimone, were a former advertising agency and investment banker. Today, it has a diversified customer base and a history of innovation. This article describes the history of RCN and how it has changed since then.
The company has been in business for about five years and serves areas all over New York City, Brooklyn, and San Francisco. It is well-known for offering low-priced service and is known to use newer technology, such as eero mesh Wi-Fi devices and TiVo DVR for TV service. Its service is generally more affordable than its competitors, which makes it an attractive option for both large families with heavy internet usage and single-person households with basic needs.
The company's service is fueled by an open-source blockchain lending protocol called RCN Protocol. This protocol runs on the Ethereum network and is made up of modular smart-contracts. Diaspore is a recent version of the RCN Protocol that is compatible with a broad range of loan types and backings. The company's founder, Sebastian Serrano, is an Argentine tech entrepreneur and founder of the Ripio Group. His digital platform offers fintech solutions for consumers.
