{VENA}, provides quality and cost-effective credit evaluation services to users.

VENA Network Project ...?
Regards, Dear reader, let me quickly give you information about this great innovation known as "vein network". Please sit down and relax your nerves as you read. Also, I encourage you to not only read but also take important steps as part of this great innovation.

Vena Network is an open block chain-based protocol where generic architectures allow users to write contract provisions to determine rules for a variety of decentralized financial activities, including releases. ownership, loans, transactions, etc. Users can retain copyrights and thus have a natural development of the market for smart contract templates on the Vena Network. Veins ensure that the basic interface can be set freely and provide standard smart contract debt (loans, loans, mortgages) and transaction libraries to help users create interactive financial DAPs. ) fast, comfortable and safe.

The main features of the Network Vena
Build scattered business networks using an encrypted business model
The user will receive decentralized identity authentication for transactions involving credit and currency.
Protocol design is clearly defined. A very basic layer of abstraction protocol to increase the degree of freedom for secondary development, brings more ecological roles than many more innovative scenarios; Layer endogenous library protocol protocol standard library properties including debt contracts (debt, credit, mortgage) and commercial contracts, act as precursors of companies to build financial ecosystems and exchange to the top.
Conduct a closed series of digital assets, ranging from issuing assets to secondary market transactions, and directly conducting spot transactions, mortgage transfers and asset movements (single stable monetary support) in the Vena ecosystem.
Support NFT standards (without symbols) and realize mortgage value added for portfolios through self-determined contracts.
The third party that implements the contract library example in the ownership protocol layer will retain the copyright, establish the sample contract and service contract and the author will be able to charge the service fee to the user.
Different roles in the protocol ecosystem will be compensated: for example, auditors can use their own data models to provide quality and cost-effective credit evaluation services to users.
Vena Network business model
Vena Network is an open source project that is intended to fill the gaps of the electronic money ecosystem rather than business. Vena Foundation is a non-profit organization created by the Vena team in Singapore. The aim of the Vena Foundation is to ensure the sustainability of the Vena project, the effectiveness of decentralized governance, the security and transparency of capital mobilization, and the development and support of new companies based on the protocol. Vena.

To promote the healthy development of vein networks, Vena Fund has placed a global incentive mechanism that basically consists of:
The Vena button that acts as the Answer Appraiser or Recipient must be reviewed and approved and assigned to a number of Vein Tokens that support the Vein Fund as a deposit, and the node can obtain responsible profits.

The judge must be inspected and approved and make certain Vena tokens into the Vena funds as a deposit. At the end of each arbitration, the judge who makes a reasonable judgment will receive a prize because the token and judge making an unwarranted assessment will lose information (see 5.2.3 for more details).

Analysis of application scenarios and benefits of vena
Offline Bidding
Both sides of the transaction agree on the volume, price, time and location of transactions through software, such as Facebook, Telegram, WeChat, QQ, etc., without the participation of any party. These three methods apply to local contracts which present relatively high security risks and even risks to people's safety.
Because of the anonymity of electronic money, when one party violates the protocol, the rights and interests of the other party are guaranteed in a difficult way. Moreover, it is difficult to obtain and present evidence after such a situation. With the exception of some countries where e-money transactions are included in the legal framework through licensing, most countries and regions do not enjoy legal protection for e-money transactions, which increases the likelihood that traders are exposed to fraud risk.

Concentrated mortgage lenders
Concentrated mortgage lenders typically offer only user-oriented and user-oriented services that are heavy and expensive to manage mortgage loans in traditional institutions, such as: the Bank; In addition, many unjust and opaque terms are fulfilled. Currently, the most lenders can not accept electronic money as collateral. We hope that the e-money holders will be able to obtain loans from all over the world and will no longer be dependent on local banks or mortgage lenders.

Today, with control of the monetary monetary policy, quality is affecting the mortgage market. Interest rates between countries and regions are of different levels of risk and the rate of inflation of fiduciary currencies. For example, real estate mortgages in Brazil may have an annual interest rate of 32% (adjusted for inflation) while similar loans in Europe may represent an interest rate of 0.5% to 5%. %. every year.

The advantage of the Vein protocol ecosystem
They target the layer protocol in the blockchain to create an ecosystem. The attraction and the benefit is that it does not try to answer the various roles within the ecosystem to develop the market. This is a trend that can be observed in many industries by providing these people with the help of infrastructure to create value.
Thus, they summarized the basic rules of financial systems by addressing layered designs and progressively promoting emerging markets and roles in the Vena-based ecosystem. Negotiation of receivables and transactions.

In the case of debt-based scenarios, we don't solve the problem of defining and optimizing a system for a particular type of loan, it is a microfinance network. of P2P or a decentralized loan protocol, these solutions have a common disadvantage - they are tailored to specific types of debt, and the debt includes a range of assets. The custom protocol for each user is very inefficient and redundant. Therefore, they provide our solution.

Roadmap

TEAM CORE VENA:

ADVISORS VENA:

PARTNERS VENA:

FOR DETAILS INFORMATION PLEASE VISIT THE VENA SITE BELOW:
Website - http://vena.network/en
White paper - http://whitepaper-en.vena.network/
Telegram - https://t.me/vena_network
Facebook - https://www.facebook.com/Vena-Network-207271413455484/
Twitter - https://twitter.com/VenaProtocol
Github - https://github.com/venanetwork

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