VIAZ PLATFORM; A BETTER PLATFORM FOR MANAGING DIGITAL ASSETS.

A digital asset is basically considered to be anything or product whose basic existences is in a binary format and also possess the right as well as privilege to be utilised or used which cryptocurrency is regarded as a perfect example in this context. Thus any data or product which lacks the right to use but exists in a binary format is therefore not considered as a digital asset.
Also in the accounting field, the basic term "equity" primarily describes the basic difference that exists between the value or worth of an asset and the value of the liabilities of something that is owned. Lastly, fiat money or fiat currency is regarded to be any form of money or item that posses the features of been used to facilitate any form of transaction which therefore do not posses intrinsic value and has therefore been established or general accepted as money and is often regulated by the government.

The three terms "digital asset (cryptocurrency), equity and fiat" is where the basic context and ideology of the viaz platform is centered and the ideal question now is how?.

THE VIAZ PLATFORM;
Viaz is stated to be a decentralised (not allowing data to be concentrated at a point rather it disperses it to different point locations) form of application with the core aim of closing the gap which exists between lenders and borrowers of the fiat and also digital form of currency by allowing the potential borrowers to be directly linked or have direct contact to the potential lenders and also empowers users to borrow, lend as well as transfer currencies throughout a global network while also providing a more efficient as well as cost effective and secured service for all its users. It aims to acheive this by serving as the connecting factor to link digital assets, equity as well fiat in a way that has not be witnessed or noted before as a result of boundaries or gaps that exists between centralised or traditional banking space.

By dismantling or bringing down theses obstacles or boundaries, the Viaz platform will draw the world closer and also in the same aspect will give individuals overall control and access to their own financial destinies. Viaz will make use of the Viaz Smart Contracts to initiate as well as carry out transactions on the Viaz platform.

INHERENT PROBLEM IN THE CURRENT SYSTEM OF LENDING AND BORROWING WHICH THE VIAZ PLATFORM AIMS TO FIX.
The problem with the conventional form of currency is basically the trust which is primarily required to make the system work. The central bank is however trusted to be upright and not to debase ( to lower the value of a currency). But however the reverse is the case that is to say that the fiat currencies is full of breaches of the said trust. Also, bank is supposed to hold individuals money as well as transfer them electronically but they do otherwise by lending it out with barely a fraction in the reserve. Also acquiring loan from bank is a very tedious task. But with the viaz platform, all these issues will be bygone because the platform has put in place outstanding as well as efficient models to help it acheive it's core target.

FIXING THE PROBLEM
Users of the viaz platform will be granted the right and privilege to use their cryptocurrency as form as collateral to borrow fiat form of currency. Borrowers also will be given the option of pledging their cryptocurrency in order to post the loan thereby giving platform users the opportunity to lend crypto as well as fiat at an increased interest rate.
NB; A VIAZ Smart Contracts is initiated by the Viaz platform anytime a loan is posted and it is always recorded in the Tezos blockchain ledger.

PLATFORM MODELS
I. Wallet: all users of the viaz platform will be issued with a crypto and also a fiat wallet automatically when they sign up or register on the viaz platform. And these wallets will allow users to manage their portfolio securely and independently and will also facilitate transfer of funds off and on the platform. The wallet will allow users to transact their crypto in frictionless manner and will offer also a safe and secured means of storing cryptocurrency assets.
II. VIAZ DEBIT CARD:
Users who tends to borrow on the viaz platform will be issued a viaz branded debit card and it will be fully managed by a licensed bank and not a company. The cards will operate globally on the established debit card payment processor networks with individuals also have the right to set the limits (monthly/daily) on their cards and users can also disconnect the card incase they loss it without having to seek assistance from any third-party.
III. MOBILE APPS; to simplify all the processes within the viaz platform an app will be released by the platform in two versions the andriod operating system and the ios operating system. It will help render the platform highly accessible for day to day use and it is also free to use.

VIAZ TOKEN
This is the major utility token of the viaz platform and will be awarded to users either through a monthly airdrop or other means. The token can thus be used by the individual to whom it is issued to either as :
i. Collateral for loans
ii. Selling it for fiat currency.