VIVA Network - The future of mortgages

VIVA Network is a flexible financial solution that brings internationally scalable p2p mortgage financial system to the world. For the first time, the Mortgage Platform of the VIVA Network and the Tokenized Mortgage Exchange of it connect the people who want a loan with lenders directly while introducing transparency, liquidity, security to personal mortgage investing. By introducing a free market to decide the interest rate on a borrower’s mortgage, VIVA removes the necessity of the banks and any other financial intermediaries for the transaction. By removing the disadvantages and the inefficiencies those are already in local financial systems, the borrowers will able to receive a fairer mortgage rate. The goal of the project VIVA is to eliminate all the disadvantages and inefficiencies of the current mortgage finance system and to provide a better service to the borrowers.

By combining the power of BlockChain technology and the smart contracts, the VIVA is going to revolutionize the current mortgage lending industry by removing the necessity of any kind of middlemen like banks and other financial intermediaries by introducing the decentralization to the industry. By introducing the decentralization, the process will be more transparent and secure. For the first time by allowing non-institutional investors to participate in the system, we can imagine that the VIVA will able to increase the availability of credit for borrowers. Moreover, this revolutionizing step of the project VIVA will open the market for non-institutional investors, medium scale investors and individuals which have conventionally been reserved exclusively for large size financial institutions.

By allowing home buyers and sellers to make the terms themselves, the VIVA is going to disrupt the mortgage industry in a very passionate way. With this system, any person in any country in any part of the world will able to gain the access to the credit financing for home loans through a decentralized, secure platform on the VIVA. You can find more details about the project by going to their website using the following link. All the relevant links to the project will be available at the bottom of this article.