VIVA Network- A Peer to Peer Mortgage Lending Platform and Tokenized Mortgage Exchange

Hello my friends! Today I will tell you about a very interesting project that stands out among all its competitors - VIVA Network . In this article I will talk about the positive aspects of it, the development prospects as well as the reasons why this project is attractive to invest. So, let's get started!

Home is where we forget all our worries and find peace. We search and buy a home we can live our whole life. It is an innate desire to own a home in all the people across the world. Well, the reality of owning a home is slightly different from the dream world. The process of buying a house begins with a search for the house. And, when we do find the house we love, the real problem begins. The home loan is the only option for most of us. Many home loan financing companies have different interest rates for the different categories.

Banks have been the source of all the inefficiencies in the financial world. They choose the rates depending on the various parameters. The high creditworthiness of an individual makes him more favorable than others. Lack of transparency and presence of third parties in the banking system are the two of the biggest challenges for the growth of the industry. There is a requirement of the new system of financial inclusion which must include everyone. Mortgage industry needs an innovative solution, which can bring all the stakeholders on a common ground.

Viva is a new decentralized home loan financing platform. More specifically, the platform is designed as a mortgage and crowdlending platform that runs directly on blockchain technology. If you go to the company website, then you can contribute or learn more about the system through reading the white book.

The Viva platform will use smart contracts for a crowdfund home loan, connecting borrowers and direct investors in a decentralized decentralized ecosystem. Utilizing ultra-secure blockchain transactions, Viva cuts intermediaries, resulting in a more lucrative and efficient lending process for all. Viva allows the free market to determine the interest rate on the borrower's mortgage and eliminates the need for banks and other financial intermediaries. By eliminating inefficiencies in the local financial system, mortgage interest rates will be more fair and accurate reflecting the level of risk associated with the true value of the asset.

Viva’s goal is to free millions of borrowers located in regions with high interest rates from their reliance on inefficient local financial systems. The crowd lending transactions are conducted utilizing the newly released “ VIVA ” token, a blockchain-powered transfer vehicle, while the ultimate delivery of loans and mortgage repayments will be made in each party’s local fiat currency. Neither the borrower or the lender will require any knowledge of blockchain technology; they will need only use Viva Networks intuitive web platform. Importantly, neither party will be exposed to cryptocurrency fluctuation risk.

Viva Network PRODUCTS

The Viva Network provides a host of products which is summarized below:-

Viva Mortgage Platform
The Viva Mortgage Platform™ is a crowdfunding platform allowing users to initiate their mortgage capital requirement by connecting them with thousands of lenders from all across the world. Thus, it completely eliminates the necessity to rely on financial intermediaries and agents involved in the mortgage process.

Viva FMSP
The FMSP™ (Fractional Mortgage Share Protocol) is a peer to peer protocol which uses the Ethereum blockchain's smart contract system to allow individual users to convert their private mortgage loan into tradeable and asset-backed Tokenized Mortgage Bonds (Fractional Mortgage Shares).

Viva FMS Exchange
The Viva FMS Exchange™ is an internal Tokenized Mortgage Bond exchange which introduces liquidity, diversification and assurance to private mortgage investing for the first time. It is designed for large institutional
investors and private investors.

Team

The Viva team consists of professionals possessing professional experience in the fields of IT, blockchain technology, finance, technology, project management, business development, marketing etc. Below are some informations about the main members.

Nick Thomson (Founder and CEO): Currently, Nick Thomson is the Chief Executive Officer of Viva Network. Prior to founding Viva Network, Nick Thomson owned the Scooter Mart Motorcycle Dealership and, before that, worked as an employee of the KPMG professional services company. He received his degree in Finance from the Florida State University. Nick Thomson is a Bermudian citizen and resident.

Christian Fiddick (Chief Architect): Christian Fiddick is Viva Network’s co-founder and the mind behind the new application of the blockchain technology. Previously, Christian Fiddick worked for the insurance company Validus Holdings, Ltd. Like Thomson, Fiddick is a resident of Bermudas.

Roadmap

Successful project always has a purpose to reach. These points can be read easily on a roadmap to track every progress will be through on the project, easily shown on the roadmap to track the progress of the project. As you can see following below, the roadmap of VIVA Network project looks very clear and informing. The team has planned in detail the big amount of tasks to be done and to be through.

ICO information

Token: VIVA
Platform: Ethereum
ICO time: 20/7/2018-23/9/2018
Price: 1 ETH = 35,714 VIVA
Accepted Payment: ETH
Hard cap: 68,770 ETH

Conclusion

Getting a mortgage is challenging and frustrating, and for many creditworthy individuals around the world - is often impossible. Furthermore, the profit model behind mortgage loans and Mortgage Backed Securities is one of the most lucrative business models in existence. Despite this, banking corporations around the world consistently exploit consumers with price gouging, collusion and even interest rate manipulation. This centralised authority is irresponsible, and we believe these profits belong to the consumers - the homebuyers and investors - instead of the middlemen (the banks). Well, right now VIVA introduces a brand new option for consumers around the world to finance their homes - the free market.

If you are seeking a promising ICO for investment purpose then you can participate in the VIVA Network ICO. The project is very well prepared from the technical and business side, with very extensive and transparent whitepapers and roadmap. I find that the project is very potential and worth investing. I will participate in this project to contribute to the development of the platform, I hope that the project will continue to grow, wish the project a nice success !

For more information please visit links below

Website: http://www.vivanetwork.org/

Whitepaper: http://www.vivanetwork.org/pdf/whitepaper.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=3430485.0

Twitter: https://twitter.com/TheVivaNetwork

Facebook: https://www.facebook.com/VivaNetworkOfficial/

Telegram: http://t.me/Wearethevivanetwork

Author: Stug (BTT link: https://bitcointalk.org/index.php?action=profile;u=1947027)