Regulatory Landscape
The Challenge
Nigeria's SEC is actively developing frameworks for digital assets. RENSNCE operates in the gray zone, focusing on peer-to-peer lending that sidesteps traditional banking rails.
The Compliance Engine
Self-Sovereign Identity (SSI) replaces the KYC/AML burden. Users verify themselves once (biometrics + mobile number) and carry that attestation across all RENSNCE products.
Regional Terminology
Provenance Chain
A cryptographic record appended to each MKVLI token, documenting every VRDI participation, impact metric, and recipient confirmation—creating a unique "story" for each token.
Underwriter AI
The algorithmic credit assessment engine that evaluates DIO proposals using alternative data, explainable AI, and real-time risk monitoring.
Self-Sovereign Identity
A model of digital identity where the user retains full control over their data, sharing only what is necessary via cryptographic attestations.
Moloch Trap
A game-theory concept where individual incentives lead to a collective negative outcome (e.g., tragedy of the commons, race to the bottom).
Local Token Economy
What's being traded?
Microloans (DIOs), mobile money bridges, agricultural futures.