What is Viva Network?
The Viva Network is a decentralized ecosystem that connects mortgage borrowers with global investors within a borderless, blockchain-secured cloud platform.
Viva’s innovative technology uses Ethereum smart contracts to underwrite and securitize private home loans into Fractionalized Mortgage Shares (FMS) which can easily be bought and sold on the Viva FMS Exchange (a Secondary Market Exchange) application.
Using Fractionalized Mortgage Shares, The Viva Network allows investors to crowdfund mortgages of home buyers from anywhere in the world, making the process quicker and easier for homebuyers.
With the ability to efficiently access the free market, both parties will now be able to capitalize on international interest rate arbitrage and obtain lower interest rate mortgages and higher returns on investments.
VIVA NETWORK Crowdfunding mortgages on the blockchain
About us :
- Viva uses a proprietary, smart contract powered, crowdlending technology that will enable homebuyers to obtain fiat-currency home loans.
- Borderless & decentralized home loan financing will eliminate the need to rely on middlemen like banks and other financial intermediaries.
- Viva creates a free market in the mortgage industry – reducing inefficiencies and allowing more affordable homeownership.
- For the first time, Viva will allow accredited private investors to own highly profitable, asset-backed Fractionalized Mortgage Shares (FMS).
- Also featuring innovative applications, designed to improve the current & outdated Property Appraisal and Credit Scoring processes.
How Does Viva Work?
The platform is operated on a borderless and decentralized financing company for home loans that has been developed to eliminate the need to rely on middlemen like financial institutions and banks as well financial intermediaries.
Viva will be used to create a brand-new market in the lending/mortgage industry. The purpose is to reduce the inefficiencies the industry has while making it more affordable to buy homes.
This is the fist time, Viva allows private investors who are accredited to purchase high-end profitable, asset orients FMS (Fractionalized Mortgage Shares). This also helps to innovate applications that have been designed to improve the current state and traditional credit scoring and appraisal procedures, often time outdated.
Viva is here to be part of the revolution of mortgage financing is finally here. You can contribute now at the company website. There is a wealth of different documents that are available for the platform, like the: whitepaper, token generation event, terms & conditions, privacy policy, and crowdlending code preview.
Innovation is the key to Viva, the financial technology used on the system is purposefully used to bring larger decentralized mortgages to the people of the world. The platform initiates smart contracts for use of funding home loans through crowdsales.
And then it connects the investors with the borrowers p2p on the decentralized, trustless tech platform. Leveraging the blockchain’s unbeatable security is the key to large transactions. And by cutting out the middleman like Viva does, the lending process becomes more profitable than ever before.
The company enables the free market to pick the going rate of interest a mortgage carries for the borrower. The need to have a bank or other financial service middleman is eliminated through the process and so are local financial institutions.
Rates on the mortgage loans will naturally become fairer, reflecting the risk associated with it accurately in accordance to the assets true value.When the banks failed in 2008, they brought with them one of the world’s first cryptocurrencies and started the process of decentralizing financial conglomerates power.
Viva is now looking for ways to finish the process, thereby taking all power from the older, traditional and completely outdated financing systems – to leave them in the past, where they have belonged for a very long time.
ICO Details
Pre-sale start: May 29, 2018
Symbol : VIVA
Type : ERC 20
Total number of tokens : 3,000,000,000
Hard cap : 6,870 ETH
Roadmap VIVA
Conclusion The failure of 2008, which put the modern banking system on its knees, boosted the development of decentralization, the blocking of technology and the emergence of the first coded currency in the world. Viva Network had the opportunity to complete the work, leading to the logical conclusion of cryptotechnology, introducing them into the renewed financial sphere, which, as I am sure, will use.
VIVA team
The idea for the creators of the Viva Network project was born in 2016. Next year, the project staff went on to study the ecosystem and identify the appropriate technologies. A little later, we needed analytical market data and developed a beta version of the valuation algorithm.
Already this year, the company launched the creation of its own encrypted currency and began a marketing marathon. In the summer of this year, the project representatives plan to launch the development of the Real Value 2.0 application and obtain all the permits to work in the financial market.
In 2019, it is planned to launch the mortgage loan platform and receive the first contract. As you can see, the plans for the project are large and, most of them are already implemented.
Contact & Information
Website : http://www.vivanetwork.org/
Whitepaper : http://www.vivanetwork.org/pdf/whitepaper.pdf
Bitcointalk ANN Thread : https://bitcointalk.org/index.php?topic=3430485
Facebook : https://www.facebook.com/VivaNetworkOfficial/
Twitter : https://twitter.com/TheVivaNetwork
Reddit : https://www.reddit.com/r/TheVivaNetwork/
Github : https://github.com/viva-network/viva-tge
Medium : https://medium.com/@VivaNetwork
Telegram : http://t.me/Wearethevivanetwork
My bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=1803005