VIVA Network : The Future of Mortgages

in #blockchain6 years ago

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Each person who has ever had an assembly with their bank about a mortgage loan will recognise that the technique is not handiest long and onerous but additionally does not usually have a very high fee of achievement depending one’s location and financial situation. Inside the larger cities mainly, it has turned out to be nearly an impossibility for younger generations to get at the housing ladder, regardless of earning an above countrywide income.

Viva is a brand-new network with the intention to help all and sundry who's interested in the industry of real estate. It connects home shoppers with the fine investors who are most likely to purchase a piece of property. Viva has an extensive range of benefits that consumers and traders will appreciate. The platform makes use of a proprietary smart contract. And it's far powered thru a powerful crowdlending platform, made up of the most superior generation in an effort to enable homebuyers the ability to attain real fiat currency and home loans.

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The platform is operated on a without borders and decentralized financing organisation for home loans that have been evolved to take away the want to depend upon middlemen like monetary institutions and banks in addition to monetary intermediaries. Viva allows private traders who're approved to buy excessive-end profitable, asset orients fractionalized mortgage shares. This also allows to innovate packages that have been designed to improve the modern-day kingdom and conventional credit scoring and appraisal approaches, regularly time old.

The financial technology used in the system is purposefully used to carry large decentralized mortgages to the people of the world. The platform initiates smart contracts for use of investment home loans through crowd sales. It connects the investors with the borrowers p2p on the decentralized, trustless tech platform. Leveraging the blockchain’s unbeatable security is the key to big transactions. The corporation enables the free market to pick the going charge of the hobby a mortgage contains for the borrower. They want to have a bank or different economic provider middleman is eliminated through the manner and so are neighbourhood monetary establishments. Rates on the mortgage loans will obviously become fairer, reflecting the risk related to it appropriately in accordance to the assets real value.

VIVA Network ICO

  • Token: VIVA
  • Price: 1 ETH = 35,714 VIVA
  • Bonus: Available
  • MVP/Prototype: Available
  • Platform: Ethereum
  • Accepting: ETH
  • Minimum investment: 0.001 ETH
  • Hard cap: 68,770 ETH
  • Country: Bermuda
  • Whitelist/KYC: KYC
  • Restricted areas: USA, China

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VIVA Network Roadmap

  • May 2016
    The inception of the original idea.

  • June 2017
    Exploration of the blockchain ecosystem to identify suitable core technologies.

  • July 2017
    High level, service-oriented architectural planning of the Viva Platform.

  • August 2017
    Exploratory data and feasibility analysis.

  • November 2017
    Developed the Real Value 1.0 Home Valuation Algorithm.

  • Q1 & Q2 - 2018
    The launch of Token Generation Event and development of MVP. Initiate a large-scale marketing campaign.

  • Q3 - 2018
    Develop Real Value 2.0 Application. Obtain legal and regulatory licenses.

  • Q4 - 2018
    Launch Real Value 2.0 application. Finalize proprietary ML algorithms.

  • Q1 - 2019
    Begin incremental launch of the Viva Network Platform.

  • Q2 - 2019
    Launch the Viva Network Platform and successfully crowdfund first home loan with Viva mortgage financing system.

VIVA Network Team

There is a massive group on the platform of 14 individuals from numerous areas related to the platform’s needs. All of them have verified LinkedIn profiles wherein you may analyze extra about the individual in the query.

Core Team

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Advisors

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The platform is being designed to revolutionize the real estate enterprise. By using way of smart contracts and blockchain technology, VIVA is planning on casting off the banks, monetary establishments and other middlemen to assist the customer and dealer profit more. At the identical time, they're seeking to stop the old ways of operation in terms of mortgages and loans.

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