Viva Network
What is Viva Network?
The Viva Network is a decentralized ecosystem that connects mortgage borrowers with global investors within a borderless, blockchain-secured cloud platform. Viva’s innovative technology uses Ethereum smart contracts to underwrite and securitize private home loans into Fractionalized Mortgage Shares (FMS) which can easily be bought and sold on the Viva FMS Exchange (a Secondary Market Exchange) application. Using Fractionalized Mortgage Shares, The Viva Network allows investors to crowdfund mortgages of home buyers from anywhere in the world, making the process quicker and easier for homebuyers. With the ability to efficiently access the free market, both parties will now be able to capitalize on international interest rate arbitrage and obtain lower interest rate mortgages and higher returns on investments.
What value does Viva Network provide?
Viva Network 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. A massive $31Trillion global industry, the mortgage industry is outdated and ripe for a disruption. 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.
Viva Network Team
Christian Fiddick - Chief Architect
Katherine Masters - Director of Public Relations
Jeff Hooton - Full Stack Developer
Blake Carter - Director of Business Expansion
Alex Brown - Financial Analyst
Lincoln Kupke - Asst Architect
Kenneth Thomson - Real Estate Analyst
Cameron Smith - Digital Marketing Specialist
Advisors:
Strengths
- Sizeable and committed team with relevant experience
- International crowdfunding of mortgages through blockchain solutions can provide benefits for all of the parties involved
- The size of the mortgage industry is massive and working loan crowdfunding solutions provide real-life applications for blockchain holdings in the transition period
- The website and white paper content and visual quality are above average level in the ICO industry
- The team has built a MVP of the product
Potential concerns
- The total valuation of ~114 000 ETH is quite a lot for an MVP stage project
- No published partnerships yet
- Very small social communities
- Due to the fresh nature of the project, not yet too much visibility on the industry media
