Viva

Viva

What is Viva

Viva is a remodeling monetary generation that introduces a big-scale decentralization of mortgage financing in the global.  The viva platform will use highbrow contracts for a domestic loan based on crowdfunding, connecting debtors and direct traders to a decentralized and risky atmosphere.  The use of extremely-secure transactions with the chain, viva reduce off the middleman, which brought about a more worthwhile and efficient lending technique for all stakeholders. Viva lets in the unfastened market to determine the hobby price on the borrower’s loan and eliminates the want for banks and other financial intermediaries.  With the exception of inefficiency in the neighborhood financial device, the mortgage fee could be extra honest and correct, reflecting the level of chance related to the real price of the asset.  The failure of the banking device in 2008 caused the primary crypto-forex within the global and initiated the process of decentralizing the powers of monetary conglomerates.  Viva intends to finish the work – abandoning the useless centuries-vintage economic device, in which it truly belongs: within the past.

Viva platform

To get a top-level view of the viva platform community architecture, we describe it as any other logical unit.  This is essentially a collection of numerous person cluster systems, regularly interacting thru the restful API, with occasions that may be checked for blockading and intellectual contracts.  Those aspect perspectives are only for conceptual purposes and will be absolutely included on the user level.  The primary device, which includes the Viva community platform.

Imaginative and prescient

We agree with that the most effective solution to the hassle of global inequality of financial wealth is technological development.  Blockchain era is an innovation that has confirmed its capacity to decentralize and spoil some of the world’s largest industries.Viva targets to revolutionize the historic mortgage lending industry with the aid of reducing intermediaries and decentralizing techniques, thereby making use of a extra basically on hand and transparent method to financing.  We agree with that viva generation will grow the supply of loans for borrowers and for the first time permit non-institutional investors to take part in solid incomes, counting on assets related to investments in mortgages, a product that is historically reserved for massive economic institutions.  Furthermore, permitting the loose marketplace to dictate the risks and the corresponding fee of every loan – unlike a bank – we anticipate to look a fairer rate for a mortgage. The viva platform might be utilized by them each inside the developed and within the developing world.

Challenge

Our project is to wreck the mortgage enterprise, permitting customers and home sellers to establish self-law.  Every body from anywhere in the world may have access to credit score loans for credit score homes thru the decentralized viva platform open marketplace network.In addition, the viva function as an investment and savings platform to be had best on a cellular cellphone manner that all viva customers could have access to credit score, financial savings and investment and cozy transactions supported by way of general locking offerings – regardless of the U.S . In which they may be positioned stay.

Exchange viva fms utility

After the mortgage loan efficiently plays reverse processing using the fractionated loan stocks, it'll be to be had on the market at the different viva fms utility change positioned in viva community person.  The application will paintings like a normal online trade of crypto-currencies, and the fms will trade in a manner similar to any revised revenue assure.  Investors will be capable of use this platform to buy (offer) and promote (request) fms. These packages encompass facts analytics tools, charts, and functionalities that classify all fms securities primarily based on hazard evaluation, profitability, duration, irr, and so forth.  With character portfolio tips and automation available to the average investor.  In the viva fms change software, an investor can sincerely click on fms and look at individual statistics about.


Alternate viva fms utility.
1. The credit score of the lender.
2. Statistics about the borrower’s creditworthiness consists of age, employment reputation, price records, credit score, earnings, other applicable financial liabilities, capacity to repay debt (hobby coverage ratio).
3. Two trendy hazard algorithms primarily based on ranking (category machine 1 and 2).
4. All asset facts include cost, cope with/location, length, age and first-class of the bodily shape, coverage level of owners, and so on.
5. General conditions of viva recommendation.
6. All of the terms of the loan agreement encompass duration, yield, hobby fee (and the viva / USD change charge date for that date), the cost of the mortgage at the base facility, and so on.


Buy token here : http://www.vivanetwork.org/

Authorship:
Forum user-name : KobbyC
Forum profile link : https://bitcointalk.org/index.php?action=profile;u=1608153
ETH wallet Address : 0x6b5dfDB24897529Cdf4a67cAC6f4bd5983ED8922