Viva is a transformative financial technology that introduces large-scale decentralized mortgage financing to the world. The Viva platform will use smart contracts for crowdfund home loans, connecting borrowers and investors directly in a decentralized and untrustworthy ecosystem. By utilizing an ultra-secure blockchain transaction, Viva cuts the broker, resulting in a more profitable and efficient loan process for all parties.
Viva allows the free market to determine the interest rate on the borrower's mortgage and eliminates the need for banks and other financial intermediaries. By eliminating inefficiencies in the local financial system, mortgage rates will be more equitable and accurately reflect the level of risk associated with the true value of assets.
The banking system failure in 2008 resulted in the world's first cryptocurrency and began a process of decentralization of power held by financial conglomerates. Viva intends to get the job done - by abandoning the centuries-old and inefficient financing system in which he really belongs: in the past.
VIva Crowdfunding house on blockchain
here I also want to introduce you to VIVa technology as follows
Blockchain oriented
Data, transactions and mission-critical assessments will be supported by blockchain technology. The intelligent contracts Ethereum and BigchainDB at our center enable decentralization in an environment that is very safe, resilient, transparent and without trust.
AI / ML Supported
Embracing Machine Learning Capability to provide insight and recommendations, The Viva Network will empower clients that have never existed before, ranging from risk classification to fragmented placements and portfolio portfolio selection.
Robicated Microservice API
Built by software engineers who specialize in designing large-scale enterprise systems, RESTful Service Oriented Architecture will enable The Viva Network to adapt to changing industry trends and opportunities with agility.
Cloud Scalability
Built to take advantage of elastic cloud scalability through compaction in preparation for large-scale platform adoption, this will enable fractional mortgage trading with low latency, high availability high throughput.
Third Party FinTech Integration
Designed to accelerate alternative financial trends by seeking integration with free service providers from decentralized credit ratings to general blockchain asset portfolios.
Big-Data Ready
The Viva Network Platform will utilize AWS for infrastructure that is able to process a large number of mortgages, properties and trade pattern datasets for Analysis Learning Machines that will develop unique intelligent platforms.
How does it work?
Viva Network is based on blockbuster Ethereum. Terms of transactions on the platform are recorded in a smart contract. The platform is available through a browser and through mobile clients (iOS and Android).
Startups say their initiative will help to capture mortgage lenders - borrowers and investors. And that investor means privacy.
It is unlikely that banks and other large financial institutions will immediately rush to Viva Network to offer their programs with convenient requirements. In the present deplorable situation with the purchase of apartments in developing countries, are banks with monopoly status and blatant manipulation of interest rates to blame.
The mechanism of interaction with platforms from real estate buyers looks like this:
What is the level, deadline, payment starts? Self-learning key AI counting indicators, embedded in the platform. He tried to reduce data to the market average to balance supply and demand. Interest rate adjustment is one of the main advantages of Viva Network in classical banks.
As a result - borrowers pay less, creditors make more money. It seems like this is a paradox. But no, because the banking system, as an intermediary of any kind, is primarily selfish - if hiring a third party investor means that in the end he receives less income than he should. , he uses this platform as Viva.
A simple example - say, the owner of a deposit in a bank has the right to rely on income of 5%, as a citizen, applying for a mortgage - at a rate of 10%. On Viva Network, the rate in this case is 7.5% - both parties will win.
In a loser there will only be one bank losing customers.
Real estate is a traditional basic asset for investment. It is not surprising that Bermuda started this very profitable market.
Startup companies will try to make their system useful:
Viva Network will save the mortgage sector from traditional red tape.
Collection of papers? No, no longer waiting for an answer? No, not fast, cheap, reliable, transparent? Exactly.
Why should I support Viva Network ICO?
Bermuda's start-up is entering a very attractive mortgage loan field. The goal is not to confine itself to the markets of several countries but to attract international capital, connecting borrowers and investors from various parts of the world.
Credit sources are almost unlimited. This business model (if we talk about its classic incarnation) constantly affirms its profitability.
The idea of this platform appeared at the beginning of the Viva Network in mid-2016, and a year later, they formed a company. Development
ICO details
Ticker: VIVA (ERC-20)
Total tokens: 4,000,000,000
ICO Days: 20 July - 18 September 2018
Token price: 1 VIVA = 0.015 $ (bonus available)
Hardcap: 68,770 ETH
Tokens from the project development team will be frozen for 12 months
ROAD MAP
TEAM
Conclusion
Now in many countries it is very difficult to find a suitable mortgage. Banks can be understood - in developing countries, they will be at great risk.
Viva Network will make a free market and significantly change the situation, to enable, conditionally, pay Brazilian mortgage at the prevailing interest rate in France.
Definitely check the Viva Network! Who knows, maybe we will have a mortgage of several hundred each year and share them I can solve housing problems without serious consequences.
FOR MORE INFORMATION:
WEBSITE: http://www.vivanetwork.org/
WHITE PAPER: http://www.vivanetwork.org/pdf/whitepaper.pdf
TELEGRAM: http://t.me/Wearethevivanetwork
TWITTER: https://twitter.com/TheVivaNetwork
MEDIUM: https://medium.com/@VivaNetwork
FACEBOOK: https://www.facebook.com/VivaNetworkOfficial/
author: muhammadsosa
profil link: https://bitcointalk.org/index.php?action=profile;u=1914532
eth: 0x8056b4866D50eBCE01D33EDc967D38a6Bf724420
