The Viva Network is a system that links mortgage borrowers with global investors in a blockchain cloud platform. The Viva Network uses Ethereum to safely secure private home loans that are easily bought and sold through the Viva FMS Exchange application. Using FMS, or Fractionalized Mortgage Shares, Viva lets investors crowdfund mortgages, making the process faster and easier for any homebuyer. With the ability to go into the free market, buyers and sellers will now be able to profit on the international interest rate and get one lower on mortgages for higher returns on investments.
The mission of the Viva Network is to change the mortgage industry by allowing buyers and sellers to set the terms of the house themselves. Any person rom any country in the world will have access to financing for home loans in an open market network. Plus, Viva’s platform as an investment and savings center through someone’s phone means anybody who uses Viva can get a financing, savings, and investment account in Viva’s blockchain. They are secure for transaction services wherever they are located.
Their approach is in four stages. First, they will continue to develop apps and make a workable model for the market. Second, they will expand in the first quarter of 2019 to five countries that give the most opportunities to a risk/reward. Third, Viva will expand to all countries that don’t have any regulations that could prohibit them from this type of work; this will be done within the next three years. Viva’s apps will evolve and be decentralized with all three main systems working in sync. Finally, the Viva Network seeks to become a major platform in 5 to 10 years in which the mortgage process is decentralized, eliminating buyers and sellers from needing to go to regular banks.
A decentralized platform through the blockchain is seen as the most effective solution to combat any gaps in wealth overall in the world. The advancing technology permits every single country to take part, expanding global investment and changing the status quo in any industry. Viva aims to shake up an outdated mortgage industry by cutting out the middlemen and making a more accessible and transparent approach to financing. Viva knows the real estate market around the world can boom and bust quickly and need a lot of credit for first time investors to take part. With consistent returns in mortgage investments, something reserved mainly for large financial institutions, Viva walloped the floodgates for everyone to have their share of the profits.
For Further info:
• Official website - http://www.vivanetwork.org/
• Whitepaper - http://www.vivanetwork.org/pdf/whitepaper.pdf
• ANN - https://bitcointalk.org/index.php?topic=3430485.0;all
• Facebook - https://www.facebook.com/VivaNetworkOfficial/
• Twitter - https://twitter.com/TheVivaNetwork
• Telegram - http://t.me/Wearethevivanetwork
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