VIAZ PLATFORM: LINKING BORROWERS AND MONEY LENDERS IN A MORE SECURED SYSTEM.

in #viaz6 years ago

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The three terms "computerised resource (digital currency), value or equity and fiat" is the place the fundamental setting and philosophy of the viaz platform is focused and the perfect inquiry presently is how?. But first it is paramount to know what the basic terms truly mean in a more literal sense.

A digital resource or asset is essentially viewed as anything or item whose fundamental presences is in a twofold configuration and furthermore have the great as benefit to be used or utilised which digital currency is viewed as an ideal model in this specific situation. In this way any information or item which comes up short on the directly to utilised however exists in a parallel organisation is in this manner not considered as a computerised resource.
Additionally in the bookkeeping or accounting field, the essential term "value" basically depicts the fundamental distinction that exists between the esteem or worth of a benefit and the estimation of the liabilities of something that is possessed. Ultimately, fiat cash or fiat cash is respected to be any type of cash or thing that groups the highlights of been utilised to encourage any type of exchange which in this manner don't gangs inborn esteem and has in this manner been built up or general acknowledged as cash and is frequently directed by the legislature.

THE VIAZ PLATFORM;

Viaz is expressed to be a decentralised type of utilisation with the center point of shutting the hole which exists among loan specialists and borrowers of the fiat and furthermore advanced type of money by enabling the potential borrowers to be specifically connected or have guide contact to the potential money lenders and furthermore engages clients to get, loan just as exchange monetary forms all through a worldwide system while giving a progressively productive just as savvy and anchored administration for every one of its clients. It means to acheive this by filling in as the interfacing element to connect advanced resources, value too fiat in a way that has not be seen or noted before because of limits or holes that exists between brought together or conventional managing an account space.

By disassembling or cutting down postulations obstructions or limits, the Viaz platform will move the world nearer and furthermore in a similar viewpoint will give people generally control and access to their very own budgetary fates. Viaz will make utilisation of the Viaz Smart Contracts to start just as do exchanges on the Viaz platform.

VIAZ PLATFORM MODELS

I. Wallet: all clients of the viaz platform will be issued with a crypto and furthermore a fiat wallet naturally when they join or enlist on the viaz platform. What's more, these wallets will enable clients to deal with their portfolio safely and freely and will likewise encourage exchange of assets now and again the platform. The wallet will enable clients to execute their crypto in frictionless way and will offer likewise a safe and anchored methods for putting away cryptographic money resources.

II. DEBIT CARD: Clients who will in general acquire on the viaz platform will be issued a viaz marked platinum card and it will be completely overseen by an authorised bank and not an organisation. The cards will work universally on the set up platinum card installment processor systems with people additionally have the directly to set the points of confinement (month to month/day by day) on their cards and clients can likewise disengage the card incase they misfortune it without looking for help from any outsider.

III. APPS; to rearrange every one of the procedures inside the viaz platform an application will be discharged by the platform in two forms the andriod working framework and the ios working framework. It will help render the platform very available for everyday use and it is additionally allowed to utilise.

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LINGERING PROBLEM IN THE CURRENT SYSTEM OF LENDING AND BORROWING WHICH THE VIAZ PLATFORM AIMS TO FIX.

The issue with the regular type of money is essentially the trust which is principally required to make the framework work. The national bank is anyway trusted to be upstanding and not to degrade ( to bring down the estimation of a cash). Yet, anyway the turn around is the situation that is to state that the fiat monetary standards is loaded with breaks of the said trust. Additionally, bank should hold people cash just as exchange them electronically yet they do generally by loaning it out with scarcely a part in the save. Additionally securing advance from bank is an extremely dull undertaking. In any case, with the viaz platform every one of these issues will be past in light of the fact that the platform has set up exceptional just as effective models to help it acheive it's center target.

VIAZ PROPOSED SOLUTION TO THE PROBLEM
A VIAZ Smart Contracts is started by the Viaz platform whenever an advance is posted and it is constantly recorded in the Tezos blockchain record.
Clients of the viaz platform will be conceded the privilege and benefit to utilise their digital currency as shape as guarantee to acquire fiat type of cash. Borrowers likewise will be given the choice of promising their cryptographic money so as to post the credit along these lines allowing platform clients the chance to loan crypto just as fiat at an expanded financing cost.

VIAZ TOKEN

This is the significant utility token of the viaz platform and will be granted to clients either through a month to month airdrop or different methods. The token would thus be able to be utilised by the person to whom it is issued to either as : Insurance for credits or moving it for fiat cash.

TO KNOW MORE INFORMATION REGARDING THE VIAZ PLATFORM

Join the Telegram Group: https://t.me/ViazOfficial

Follow on Twitter: https://twitter.com/ViazOfficial

Follow on Facebook: https://www.facebook.com/viazofficial

YouTube channel: https://www.youtube.com/channel/UC0T2NqXgg8Tki9s0Osi2E3w

Follow on Medium: https://medium.com/@ViazOfficial

Website: https://viaz.io/#documents

Whitepaper: https://viaz.io/documents/Viaz-Whitepaper_EN.pdf

Writer's Bounty0x Username: Kay

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