VIVA - Revolutionizing the field of mortgages
It's well known that banks can overcharge on mortgage fees making the dream of buying a car, pay for the university fees,... much more harder for the middle and low class. However, a project called VIVA with an upcoming ICO might be able to lift the burden of banks in short or the middleman in general. 1.What is Viva: Viva is a project that aims to revolutionize mortgage financing as we know it, combining various aspects of both the blockchain and smart contracts. It is also a transformative financial technology that introduces large-scale decentralized mortgage financing to the world The idea of Viva system is simple: home buyers and financiers (lenders) are directly connected via the platform, to allow the best possible deal peer-to-peer (borrower-to-lender) whilst bypassing banks. Ambigious and lengthy legal contracts can also be minimized since all execution of repayments and borrowing will be handled via smart contracts. In essence, Viva aims to solve the home loan fi...