Right now, we have entered an era where the line that delineates our banking institutions and our government authorities is virtually non-existent, what possible motives do these sprawling corporate bodies have to change their parasitic business practices? Slap-on-the-wrist fines after taxpayer-funded bailouts and congressional oversight run by the very people who caused the collapse in the first place does not yield favorable results for the average citizen. So it is no surprise that these institutions are continuing the same reckless behavior that led to the 2008 economic crisis.
Thus we return to the crux of the matter: the modern age of multinational corporations and a global-market that is susceptible to weakness in any component and the birth of an elite group of market-makers and financiers who wield power on a level that history’s most ambitious tyrants couldn’t have imagined. They have the ability to dramatically alter the lives of billions without so much as a lifting of a sword or the raising of a gun.
This insidious shifting of economic power in ways that the average person is not even aware of has resulted in financial catastrophe in the lives of countless people and at the least has had a negative effect on legions more. After the 2008 crisis, jobs were lost, wages stagnated, people’s investments were obliterated, children had to move back in with their parents and in other cases parents had to move in with their children. It was a loss of wealth and human dignity, a theft of capital earned through hard labor and sacrifice, and an attack on the psyche of people who believe that if they played by the rules and worked hard that the system would not betray them. It was an attack on the social contract itself.
This power structure must change and now, i'm gonna introducing the platform which gonna help that happen VIVA Network represents a big step in that direction…
The Viva Network is a decentralized ecosystem that connects mortgage borrowers with global investors within a borderless, blockchain-secured cloud platform. Viva’s innovative technology uses Ethereum smart contracts to underwrite and securitize private home loans into Fractionalized Mortgage Shares (FMS) which can easily be bought and sold on the Viva FMS Exchange (a Secondary Market Exchange) application.
Using Fractionalized Mortgage Shares, The Viva Network allows investors to crowdfund mortgages of home buyers from anywhere in the world, making the process quicker and easier for homebuyers. With the ability to efficiently access the free market, both parties will now be able to capitalize on international interest rate arbitrage and obtain lower interest rate mortgages and higher returns on investments.
This will all take place seamlessly on the Viva Platform, an application providing access to exclusive, innovative and first-to-market network applications designed to improve and revolutionize the mortgage financing process. The Viva platform will consist of applications that will be continually evolving, improving and updating to cater to end user’s needs and preferences over time. In addition to the proprietary mortgage financing system, the platform will include applications that provide artificially intelligent
capabilities like the Real Value 2.0 Home Valuation App, and other applications that improve upon fundamental aspects of the borrowing/lending process. These range from decentralized property appraisal software, credit risk assessment systems, and macro-data analytical tools. The Viva Platform will run on an elastic cloud platform providing big data processing capabilities, resilience, and scalability.
Mortgage rates have almost entirely been controlled by central banks whose policy is influenced by the local currency and economic landscape. Enter Viva. Viva leverages decentralization technology to cut out the middleman, leaving the inefficiencies of the banking system behind, and thereby providing better rates for borrowers and better returns for investors.
With the advent of borderless blockchain based cryptocurrencies, we believe that mortgage rates should be dictated by the real factors relevant to the risk profile of a particular investment. Viva creates a free market to do what free markets do best: disrupt, improve, and evolve.
Getting a mortgage is challenging and frustrating, and for many creditworthy individuals around the world - is often impossible. Furthermore, the profit model behind mortgage loans and Mortgage Backed Securities is one of the most lucrative business models in existence.
Despite this, banking corporations around the world consistently exploit consumers with price gouging, collusion and even interest rate manipulation. This centralised authority is irresponsible, and we believe these profits belong to the consumers - the homebuyers and investors - instead of the middlemen (the banks).
Well, right now VIVA introduces a brand new option for consumers around the world to finance their homes - the free market.
Tearing down the decades-old barriers to entry in the securitization industry by introducing the world's first Peer to Peer Mortgage Financing Platform & Tokenized Mortgage Exchange.
You can participate on viva tokensale on http://www.vivanetwork.org/tokensale the main-sale gonna starts July 20th, 2018. right now viva already Raised: 91.152.211 viva. so what are you waiting for? join the revolution right now!!
This is just short and raw article about VIVA network. you can always check their whitepaper on http://www.vivanetwork.org/pdf/whitepaper.pdf or join their telegram on http://t.me/Wearethevivanetwork for more further information
Thanks for reading.
-Kingsraid-
For more details info visit:
Website: http://www.vivanetwork.org/
Whitepaper: http://www.vivanetwork.org/pdf/whitepaper.pdf
Telegram: http://t.me/Wearethevivanetwork
Twitter: https://twitter.com/TheVivaNetwork
Facebook: https://www.facebook.com/VivaNetworkOfficial/
Ann Thread: https://bitcointalk.org/index.php?topic=3430485.0;all
Author
Bitcointalk Username: Kingsraid
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1936096
ETH Address: 0x2611c981AdAb7109E26D0C1798e7B7F20764d5A3