Viva Network is trying to tap into the mortgage financing market. It is introducing a platform based on blockchain technology. With the help of smart contracts, it will be possible for companies as well as users to crowd fund the home loans. As a result, it will facilitate the connection between the borrowers as well as the investors. With the help of the smart contracts system, this connection will be pretty seamless. As a result, investors will be able to directly hand over the money in the form of tokens to the homeowners. With the help of the smart contract, easily the security that is the property will be binding as well. As a result, there will be more security which will be provided as well.
Also, the interest rate will be decided by the investors depending on the risk. As a result, it will become much easier for the investors to get the interest rate according to the corresponding risk which is associated with the mortgage. This is the reason why it will be easier for the investors to get a good amount of return. Moreover, if the borrower has a good credit score, the borrower will be able to get low-interest mortgage financing as well. As a result, the payment which will be made by the borrower will also be on the lower side. This is another added advantage of the platform.
This platform aims to disrupt the entire mortgage financing industry. Considering the overall size of the mortgage financing industry, the platform can easily grow significantly. This is the reason why there is a lot of potential in the platform. Moreover, blockchain-based security with the help of smart contracts will be provided as well. Currently, the platform is coming out with an ICO.
Viva Network ICO:
- Date of ICO: 01-04-2018 to 14-08-2018
- Token acronym: VIVA
- Price of token: 35,714 VIVA = 1 ETH
- Bonus availability: yes
- Platform: Ethereum
- Currencies accepted: ETH
- Minimum investment: 0.001 ETH
- Hard cap: 75,640 ETH
Owing to the new type of market which is being tapped by this particular platform, the potential which it holds is plenty. This is the reason why this platform has such a lot of potential.
Visit official site: https://www.vivanetwork.org/
- Official link: https://www.vivanetwork.org/
- Official Bitcointalk thread: HERE
- Link to the Whitepaper: HERE
- Bitcointalk Username: sorrros
- My Bitcointalk profile link: HERE
- My ethereum address: 0x72684ba2d036708a9146234ED3c4666848A1Ea0f