VIAZ

PRELIMINARY

A digital asset is any text or media that is formatted into a binary source and includes the right to use it. Digital files that do not include this right are not considered digital assets. A digital asset can range anywhere from motion pictures to documents and any other type of data. The use of digital has grown exponentially since its debut in 2008; it reached an all-time high of $20,000 in December 2017.

Cryptocurrency uses an encryption procedure to control the generation of units and validate the transfer of assets within seconds, unlike traditional method that is time-consuming. Traditional banking methods are faced with numerous complexities that will be mentioned by me as we proceed.

Presently, lenders do not accept or acknowledge digital assets from borrowers in need of a loan but this issue will soon be a thing of the past with the new innovation #viaz

INTRODUCING VIAZ

VIAZ is the first of its kind of platform to link lenders & borrowers in a secured decentralized space, the core purpose of this creation is to eradicate challenges & fraud cases suffered by those in need of loans & those willing to give out a loan. With VIAZ the bridge between both parties will be closed whilst allowing the flow of digital assets and FIAT (Government issued currency.), VIAZ offers a vigorous network that accepts deposition of digital assets.

It is the world's very first multi-platform network that enables lenders (peer to peer) to lend in marketplaces, banks and other credit institutions. They aim to reach out to the world by inventing multi-platform network worldwide and to reach a tipping point for mass adoption using blockchain assets (accepting digital assets as collateral) than the traditional lending method. They will also provide a secure decentralized cryptocurrency asset collateral system which can build hundreds of collateral depository platform.

#viaz is the first DAPP (decentralized application) to be compliant with the Tezos blockchain technology, individuals who use VIAZ will be able to borrow, lend, and transfer cryptocurrency/FIAT between themselves, VIAZ envisions to exterminate intermediaries because of the fact that some challenges faced by borrowers and lenders are caused by them, intermediaries often charge extortionate fees from their clients.

The #viaz network uses DAI (decentralized account identity) a smart contract that permits individuals to have full control of their on chain identification. The use of DAI technology is essential because it gives customers who lost their private keys or those who got phished the ability to regain access to their accounts, VIAZ integrated DAI to replace the restriction or loss of account access with this secured protocol where all identity of users remains within the smart contract.

The #viaz token will be used as the driving force of the platform, it was created on TEZOS blockchain because it delivers a safe and more robust algorithm. With TEZOS there is an implementation of delegated proof of stake consensus protocols for seamless transactions which has proven to be more efficient to existing blockchain technology protocols.

PROBABLE SOLUTION OFFERED BY VIAZ

Lenders will accept digital assets as collateral from borrowers.

Loans will be available in any asset of choice by lenders.

Assets can be deposited by borrowers & they will, in turn, receive a loan from lenders.

Deals are made visible to borrowers, lenders & #viaz to exterminate fraud from any party.

BENEFITS OF USING VIAZ NETWORK

User-friendly & easy to navigate the platform.

Reduced service charges compared to traditional banking methods.

Elimination of chargeback fraud.

Users have total control of their funds.

Provision of full support and order execution.

The use of #viaz tokens attracts bonuses & discounts.