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What Is VIAZ?
VIAZ is a decentralized application ("DAPP")running on the Tezos blockchain. It looks to take out the hole between the loan specialists and borrowers of cryptographic forms of money and fiat and in doing as such, make the cryptocurrency showcase favorable for both cryptocurrency and fiat devotees.
Also, Viaz goes for helping billions of individuals overall who don't approach banks by furnishing them with a way to exploit the worldwide system of loan specialists and borrowers accessible on the Viaz organize from the accommodation of their portable or work area gadgets.
At present, the limits that exist in the customary saving money space have made it hard to make a center ground between digital forms of money, fiat, and value. In any case, Viaz will separate these boundaries and interface advanced resources, value, and fiat in manners that were recently esteemed unthinkable. This will result in the formation of increasingly worldwide associations and strengthening of people to take control of their budgetary fates.
How VIAZ Tezos Peer To Peer Blockchain Funding Platform Works
Viaz looks to urge its record holders to get fiat or crypto through utilizing their tokens as guarantee. At first, Viaz tokens and Tezzies ("XTZ"), the local token of Tezos, will be the main acknowledged security. Later on, Bitcoin and different altcoins will be added to the platform.
When a borrower posts an advance, a smart contract is made by the platform and the advance is recorded on the Tezos blockchain record. Banks will at that point get the opportunity to offer on the distinctive financing openings relying upon the loan costs. In situations where the bank needs to finance the credit at higher loan costs, they can do as such and acquire higher loan costs. The advance reimbursement by the borrower will be through the Tokens of the Viaz platform.
Viaz naturally issues clients with a fiat and crypto wallet once they join on the platform. Through the wallet, clients could deal with their portfolio and exchange assets on or off the Viaz decentralized platform.
VIAZ Benefits
Availability
The day by day tasks of the Viaz platform are increasingly available contrasted with the conventional loaning frameworks, as its highlights are perfect with IOS and Android working frameworks. In this manner, clients can utilize the Viaz versatile application from their gadgets for nothing out of pocket.
Secure
The Viaz platform works on the Tezos blockchain organize that is monetarily secure, as it records every one of the exchanges on its record that isn't alterable or open by outsiders. Also, Viaz gives clients a cryptocurrency and fiat wallet that makes it workable for them to safely store their assets, deal with their portfolios, and exchange reserves.
No Taxes
Contrasted with the present loaning frameworks and organizations, Viaz will be less expensive as borrowers won't need to make good on government obligations on the obtained cash.
Hazard Free
For borrowers to post advance demand on Viaz, they should vow a specific measure of guarantee. This shields the loan specialists from the danger of losing their cash in the event that they default.
No Fees
Clients are not required to pay any join, month to month or upkeep charges to Viaz. The platform will produce pay for itself by deducting a little rate from the enthusiasm on all advance reimbursements.
For more information
Website-https://viaz.io/
Whitepaper- https://viaz.io/documents/Viaz-Whitepaper_EN.pdf
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