Viva is a transformative financial technology that introduces large-scale decentralized mortgage financing to the world. Viva’s platform will utilize smart contracts to crowdfund home loans, connecting borrowers and investors directly within a decentralized, trustless ecosystem. By leveraging ultra-secure blockchain transactions, Viva cuts out the middlemen, resulting in a lending process that is more profitable and efficient for all parties.
Viva enables a free market to determine the rate of interest on a borrower’s mortgage and removes the need for banks and other financial intermediaries. By eliminating inefficiencies in local financial systems, mortgage rates will more fairly and accurately reflect the level of risk associated with the asset’s true value.The failure of the banking system in 2008 yielded the world’s first ever cryptocurrency and began the process of decentralizing the power held by financial conglomerates. Viva intends to finish the job – by leaving the inefficient, centuries-old financing system where it truly belongs: in the past.
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.
This will all take place seamlessly on the Viva Platform, an application providing access to exclusive, innovative and first-to-market network applications designed to improve and revolutionize the mortgage financing process. The Viva platform will consist of applications that will be continually evolving, improving and updating to cater to end user’s needs and preferences over time. In addition to the proprietary mortgage financing system, the platform will include applications that provide artificially intelligent
capabilities like the Real Value 2.0 Home Valuation App, and other applications that improve upon
fundamental aspects of the borrowing/lending process. These range from decentralized property
appraisal software, credit risk assessment systems, and macro-data analytical tools. The Viva Platform will run on an elastic cloud platform providing big data processing capabilities, resilience, and scalability.
Mortgage rates have almost entirely been controlled by central banks whose policy is influenced by the local currency and economic landscape. Enter Viva. Viva leverages decentralization technology to cut out the middleman, leaving the inefficiencies of the banking system behind, and thereby providing better rates for borrowers and better returns for investors.
With the advent of borderless blockchain based cryptocurrencies, we believe that mortgage rates
should be dictated by the real factors relevant to the risk profile of a particular investment. Viva creates a free market to do what free markets do best: disrupt, improve, and evolve.
VISION
We believe that the most effective solution for global economic wealth disparity is the advancement of technology. Blockchain technology is an innovation that has already proven its ability to decentralize and disrupt some of the largest industries in the world.
Viva aims to revolutionize the antiquated mortgage lending industry by cutting out the middlemen and decentralizing the process, thereby applying a fundamentally more accessible and transparent approach to financing. We believe that Viva’s technology will increase the availability of credit for borrowers and for the first time allow non-institutional investors to participate in the consistent, asset-backed returns associated with mortgage investments, a product that has traditionally been reserved solely for large financial institutions.
Furthermore, by allowing the free market to dictate the risk and associated value of each mortgage - as opposed to a bank - we expect to see more fairly priced mortgages. The Viva platform will be leveraged by those in the developed and developing worlds alike, thereby enabling the world to take a large step toward geographical wealth equality - by breaking down the barriers and leaving both parties better off.
MISSION
Our mission is to disrupt the mortgage industry by allowing home buyers and sellers to set the terms
themselves. Any individual, from any country in the world, will have access to credit financing for home loans via a decentralized, open market network on the Viva Platform.Additionally, Viva’s function as an investment and savings platform accessible with just a mobile phone means all users of Viva will have access to credit financing, a savings and investment account, and standard blockchain-backed secure transaction services - regardless of what country they live in.
DISCLAIMER:
This document does not constitute an offer, an invitation, or a solicitation to purchase or participate in any way in shares, securities, interest, speculative investments, assets or rights belonging to Viva Network Holdings Limited (“we”, “our” or “The Company”) by The Company or The Company’s employees, officers, directors, contractors, consultants, shareholders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors, assigns, or any other individuals involved (the “Company Related Parties” or “The Team”). None of the information provided in this document should be used in whole or in part to make a decision to contribute to or to purchase VIVA Tokens from The Company as it was written in a descriptive nature and may change. All information found within this document may be inaccurate and may be subject to future updates and changes. For any and all information regarding VIVA Tokens, The Company, or The Company Related Parties refer to the Terms and Conditions document.
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