Viva Network

Viva Network is rated 3 out of 5 in the category financial services. Read and write reviews about Viva Network. Viva is an innovative financial technology that introduces large-scale decentralized mortgage financing to the world. The Viva platform will utilize smart contracts to crowdfund home loans, connecting borrowers and investors directly within a decentralized, trustless ecosystem. By leveraging ultra-secure blockchain transactions, Viva cuts out the middlemen, resulting in a lending process that is more profitable and efficient for all parties. Viva enables the free market to determine the rate of interest on a borrower’s mortgage and removes the need for banks and other financial intermediaries. By eliminating inefficiencies in local financial systems, mortgage rates will more fairly and accurately reflect the level of risk associated with the asset’s true value. The failure of the banking system in 2008 yielded the world’s first ever cryptocurrency and began the process of decentralizing the power held by financial conglomerates. Viva intends to finish the job – by leaving the inefficient, centuries-old financing system where it truly belongs: in the past.