Welcome my dear friends . I have prepared for you an overview of the project. The beginning of the 21st century was characterized by the rapid growth of the mortgage sector in the United States. One of the distinctive features of this period is, it is no exaggeration to say, the disregard for risk management when approving the candidacy of borrowers.
As a result of this policy, the leading mortgage brokers received loans from people who were actually unable to pay them. Not the last role in this development was played by the scheme of securitization of loans, which ultimately turned out to be the last insurance companies, for example, the insurance giant AIG.
As a result, the irresponsible policy of banks led to the fact that the mortgage bubble burst in 2007-2008, and became the catalyst for the upcoming global financial crisis.
The collapse of financial institutions revealed serious problems in the structure of mortgage lending, including centered control over interest rates, neglect of risks, significant influence of intermediaries in the form of mortgage brokers on the market, etc.
The Vivanetwork blockchain project is going to offer more secure and effective mortgage lending mechanisms.
What is Vivanetwork
Vivanetwork is a decentralized blockchain ecosystem needed to connect mortgage borrowers and lenders around the world.
Stakeholder relationships are regulated through smart contracts.
Vivanetwork allows investors to buy loans on the internal exchange of the system, making the purchase of housing easier for borrowers.
An artificial intelligence system (e.g. Real Value 2.0 Home Valuation App and other applications) will be used to assess the risks of a particular offer for creditors.
Another feature of the system is the fact that loan rates will be regulated solely on the basis of the risk assessment of a particular borrower.
The ultimate goal of Vivanetwork is to provide affordable rates for home buyers as well as profitable and safe earning opportunities for investors from all over the world.
The platform's activities will be based on three " pillars»:
Cost of housing;
Formation of the borrower's credit rating.
The VIVA token is utilitarian in nature and is necessary for access to all the features of the platform.
The platform has an extensive structure, which is made up of the main blocks:
Decentralized application Viva. Regulatory rules of interaction between all parties to the process;
Viva RV2 Home Valuation-unit for assessing the value of the house;
Viva Credit Scoring - credit rating of the borrower;
Viva FMS Exchange (Investor Marketplace) – a marketplace for the purchase and sale of mortgage loans;
Machine learning and artificial intelligence systems.
The name of the token: VIVA;
Hard cap: 68,770 ETH;
Current token price: 1 VIVA=0.011$, bonus system is provided
At the moment, the pre-sale stage is active, you can participate in it via the link.
Popularity in social networks
In Telegram-chat the project has more than 18300 participants on June 13. The number of Twitter account subscribers is a little more than 16400, and the Facebook group is subscribed by more than 15 thousand users.
Icobench.com - 4,0/5 – in the evaluation of 3 experts.
Icomarks.com -9.6/10 .
Icoholder.com - of 3.98/5
Foxico.io - 8/10
Icorating.com - rating of investments is not defined
Foundico.com is 6.8/10
Tokentops.com of 4.1/5
The average rating of the project is 4.01-good, strong evaluation.
Vivanetwork is quite an ambitious project, with a long life cycle and a road map to 2022. The project can bring democratization to a fairly conservative segment of mortgage lending, as well as solve its fundamental problems, such as unfair interest rates, as well as lending to unreliable borrowers.
The project team has the necessary competencies and experience, so we can expect the growth of the Vivanetwork token price in the case of a good macroeconomic situation in the cryptocurrency market.
You can get more information about the project and follow its news on the links:
Viva Network ★ http://www.vivanetwork.org/
WHITEPAPER ★ http://www.vivanetwork.org/pdf/whitepaper.pdf
ANNOUNTCEMENT ★ https://bitcointalk.org/index.php?topic=3430485.0;all
TWITTER ★ https://twitter.com/TheVivaNetwork
FACEBOOOK ★ https://www.facebook.com/VivaNetworkOfficial/
TELEGRAM ★ http://t.me/Wearethevivanetwork