What is VIAZ ? Peer To Peer Blockchain Funding Platform

Introduction

VIAZ is a decentralized application (“DAPP”) that bridges the gap between lenders and borrowers of paper and digital currencies. VIAZ will use VIAZ smart contracts for transactions initiated on the VIAZ platform. Just as there are similarities and differences between digital and paper currencies, a closer examination of VIAZ compared to the traditional banking system reveals both converging and diverging characteristics. A noticeable similarity lies in the fact that the VIAZ platform, allowing potential borrowers to directly contact potential lenders, allows users to borrow, borrow and transfer currencies across the global network. But, unlike banks, the VIAZ platform will provide a more efficient, economical and secure service for all users.

• Viaz seeks to encourage its account holders to borrow fiat or crypto through using their tokens as collateral. Initially, Viaz tokens and Tezzies (“XTZ”), the native token of Tezos, will be the only accepted collateral. In the future, Bitcoin and various altcoins will be added to the platform.Once a borrower posts a loan, a smart contract is created by the platform and the loan is recorded on the Tezos blockchain ledger.

• Lenders will then have the chance to bid on the different funding opportunities depending on the interest rates. In cases where the lender wants to fund the loan at higher interest rates, they can do so and earn higher interest rates. The loan repayment by the borrower will be through the Tokens of the Viaz platform.

• Viaz automatically issues users with a fiat and crypto wallet once they sign up on the platform. Through the wallet, users could manage their portfolio and transfer funds on or off the Viaz decentralized platform.
  

  

VIAZ Benefits

Accessibility

The daily operations of the Viaz platform are more accessible compared to the traditional lending systems, as its features are compatible with IOS and Android operating systems. Therefore, users can use the Viaz mobile application from their devices free of charge.

Secure

The Viaz platform operates on the Tezos blockchain network that is financially secure, as it records all the transactions on its ledger that is not alterable or accessible by third parties. Similarly, Viaz provides users with a cryptocurrency and fiat wallet that makes it possible for them to securely store their funds, manage their portfolios, and transfer funds.

No Taxes

Compared to the current lending systems and institutions, Viaz will be less costly as borrowers will not have to pay taxes on the borrowed money.

Risk Free

For borrowers to post loan request on Viaz, they will have to pledge a certain amount of collateral. This protects the lenders from the risk of losing their money in case they default.

No Fees

Users are not required to pay any sign up, monthly or maintenance fees to Viaz. The platform will generate income for itself by deducting a small percentage from the interest on all loan repayments.

Viaz seeks to encourage its account holders to borrow fiat or crypto through using their tokens as collateral. Initially, Viaz tokens and Tezzies (“XTZ”), the native token of Tezos, will be the only accepted collateral. In the future, Bitcoin and various altcoins will be added to the platform.

Once a borrower posts a loan, a smart contract is created by the platform and the loan is recorded on the Tezos blockchain ledger. Lenders will then have the chance to bid on the different funding opportunities depending on the interest rates. In cases where the lender wants to fund the loan at higher interest rates, they can do so and earn higher interest rates. The loan repayment by the borrower will be through the Tokens of the Viaz platform.

Why choose VIAZ?

All significant advantages of the VIAZ platform are to create a decentralized and transparent stage of familiarization of both future and existing banks with a planned line of borrowers, as well as cooperation with all users and customers and to maintain a balance between cryptocurrency and fiat money.

Our initial stages on this path, getting and subsidizing, have just begun. Regardless of congenital defects, the customary savings system works. Inside the cryptocurrency space, there are currently different stages, each with its own utility and utility. VIAZ platform is designed to improve and provide a huge amount of utility and utility in one step. When our token is sent, the VIAZ platform will have a working model. The betanet will be sent before the token is launched, and the network will now be sent. Today, the VIAZ platform will be beneficial to all users.

All clients are naturally issued a crypto and fiat wallet when they join on the VIAZ Platform. This will allow all users to safely deal with their portfolios. It will also facilitate the exchange of its assets on the VIAZ platform and beyond its borders and borders. Unique customer wallets allow them to send cash without any problems. He will also offer what we take as secure and safe methods for postponing our cryptocurrency assets.

According to our agreement, all borrowers on the VIAZ platform will be issued unique payment cards labeled VIAZ, which will be serviced by an authorized bank, not a company. These cards will be used comprehensively when setting up processor systems with platinum cards. All users will almost certainly choose day after day and month, as far as possible, on their individual cards. In addition, customers are likely to disconnect cards from their accounts on the VIAZ platform in the event of a theft or loss of a card without hosting, in order to seek help from third parties. The VIAZ platform is actually engaged in discussions with something like two rather distinctive decrees governing account associates.

All these basic parameters will be available on all mobile platforms like iOS and Android. Versatile applications will be accessible to VIAZ Platform clients for nothing out of pocket and will make everyday VIAZ Platform tasks increasingly open.

Decentralized Account Identity:

The VIAZ Stage will use the Decentralized Record Personality ("DAI") – a keen contract standard created to enable clients to hold control of an on-chain character. DAI provides the user with a unique opportunity to restore access to that person on the network due to the loss or theft of the private key. DAI provides the user with a unique identifier associated with the private key held by the client. The VIAZ Brilliant contract takes into account the client to restore access to the DAI by completing the “recovery process”. This requires a client to answer recuperation addresses that are set amid record creation, and can likewise require their Own System (clarified underneath) to confirm the recuperation procedure. This procedure re-connects the DAI with new set up keys.

Why on the Tezos blockchain?
Tezos is a new kind of blockchain that explores new ideas and foundations for creating the most reliable and secure, as well as progressively developing chain. Based on OCaml, a programming language that is used for money-based businesses. Tezos also performs the assigned bid confirmation agreement technique. This is much more energy efficient and gives a special reasonable component of the agreement, rather than confirmation of work (which is now used in such blockchain as Ethereum and Bitcoin).

Token distribution:
Early patrons will have their fragment fixed and will be not able move, exchange or discard their tokens for a year after the dispatch of the mainnet. Therefore, financial analysts and specialists in private transactions will receive their tokens for one and a half years, namely, from the moment they were sent from the network. The VIAZ group and its creators will have quite a few tokens provided during this two-year period. These tokens will fit half of the existing tokens in a year, and the other half in two years after they are sent from the network. The group rating will be distributed to individual categories: improvement, promotion and warning.

Roadmap

Team

Detailed Information:

Website: https://viaz.io/
Whitepaper: https://viaz.io/documents/Viaz-Whitepaper_EN.pdf
Twitter: https://twitter.com/ViazOfficial
Facebook: https://www.facebook.com/viazofficial
Telegram: https://t.me/ViazOfficial
Linkedin: https://www.linkedin.com/company/viazofficial/
Medium: https://medium.com/@ViazOfficial
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