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.

Website: https://viaz.io/#documents

  • 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.

The utility of VIAZ is to provide a decentralized funding platform, connecting its users and acting as a conduit between the cryptosphere and fiat currency.

  • Borrow fiat by collateralizing crypto
  • Lend fiat at higher rate of interest
  • Customize your loans
  • No middleman required
  • No credit check

ROADMAP

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TOKEN SALE DETIALS:

  • Token Symbol/Ticker: VIAZ
  • Blockchain the token is made on: TEZOS
  • ICO dates:
  • 15-February-2019 till 15-April-2019
  • Token price: $0.0652​
  • Soft Cap: 8,000,000
  • Hard Cap: 30,000,000

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.

TEAM

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useful links

https://viaz.io/#documents

https://viaz.io/documents/Viaz-Whitepaper_EN.pdf

https://t.me/ViazOfficial

https://www.facebook.com/viazofficial/?modal=admin_todo_tour

https://www.youtube.com/channel/UC0T2NqXgg8Tki9s0Osi2E3w

https://twitter.com/ViazOfficial

https://www.reddit.com/user/ViazOfficial

https://medium.com/@ViazOfficial

Author:

Bounty0x username: toheed2x

Name: Toheed Saeed

Eth Address: 0x3685ff77f8e4deEc9abe29ceA15E33209863d4CD


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