HTTP/1.1 200 OK Date: Wed, 04 Apr 2018 02:20:50 GMT Content-Type: text/html; charset=UTF-8 Transfer-Encoding: chunked Connection: keep-alive Set-Cookie: __cfduid=da0fcebbaa449a7b3fe583d66bbb1fd871522808450; expires=Thu, 04-Apr-19 02:20:50 GMT; path=/; domain=.cryptocurrencynews.com; HttpOnly Vary: Accept-Encoding Set-Cookie: PHPSESSID=vuhukurni4eq9ou493pos09u71; path=/ Expires: Thu, 19 Nov 1981 08:52:00 GMT Cache-Control: no-store, no-cache, must-revalidate Pragma: no-cache Set-Cookie: qstring=utm_campaign%3Drss__ccn%26utm_source%3Drss%26utm_medium%3Drss; expires=Wed, 04-Apr-2018 04:20:50 GMT; Max-Age=7200; path=/; domain=streetsignals.com Set-Cookie: utm_cmp=deleted; expires=Thu, 01-Jan-1970 00:00:01 GMT; Max-Age=0; path=/; domain=streetsignals.com Set-Cookie: utm_src=deleted; expires=Thu, 01-Jan-1970 00:00:01 GMT; Max-Age=0; path=/; domain=streetsignals.com Set-Cookie: utm_trm=deleted; expires=Thu, 01-Jan-1970 00:00:01 GMT; Max-Age=0; path=/; domain=streetsignals.com Set-Cookie: utm_medium=deleted; expires=Thu, 01-Jan-1970 00:00:01 GMT; Max-Age=0; path=/; domain=streetsignals.com Set-Cookie: utm_content=deleted; expires=Thu, 01-Jan-1970 00:00:01 GMT; Max-Age=0; path=/; domain=streetsignals.com Set-Cookie: utm_cmp=rss__ccn; expires=Wed, 04-Apr-2018 02:40:50 GMT; Max-Age=1200; path=/; domain=streetsignals.com Set-Cookie: utm_src=rss; expires=Wed, 04-Apr-2018 02:40:50 GMT; Max-Age=1200; path=/; domain=streetsignals.com Set-Cookie: utm_medium=rss; expires=Wed, 04-Apr-2018 02:40:50 GMT; Max-Age=1200; path=/; domain=streetsignals.com X-Pingback: https://cryptocurrencynews.com/xmlrpc.php Link: ; rel="https://api.w.org/" Link: ; rel=shortlink Link: /cache/minify/3/a41d7.css>; rel=preload; as=style Expect-CT: max-age=604800, report-uri="https://report-uri.cloudflare.com/cdn-cgi/beacon/expect-ct" Server: cloudflare CF-RAY: 40604c4d591d3fdd-YUL Viva Network to Launch Disruptive Mortgage Financing Technology
Hamilton, Bermuda, April 2018–Viva Network Holdings Limited (“Viva Network” or “Viva”), a Bermuda-based fintech startup, has today announced its plan to launch a comprehensive borderless mortgage products platform. The centerpiece of the platform is Viva’s smart-contract enabled Fractionalized Mortgage Shares (“FMS”) innovation, which allows for fixed-income investors around the world to crowdfund mortgages across international borders. This technology has the capability to massively disrupt and improve upon the long-standing, “traditional” mortgage industry, offering a decentralized evolution of the current mortgage-backed security on a global scale.
Viva’s goal is to free millions of borrowers located in regions with high-interest rates from their reliance on inefficient local financial systems. The crowdlending transactions are conducted utilizing the newly released “VIVA” token, a blockchain-powered transfer vehicle, while the ultimate delivery of loans and mortgage repayments will be made in fiat (traditional) currency. Neither the borrower nor the lender will require any knowledge of blockchain technology; they will need only use Viva Networks intuitive web platform. Importantly, neither party will be exposed to cryptocurrency fluctuation risk.
Viva’s technology will equally benefit those on the other side of the mortgage equation: the lenders. For the first time, smaller, individual investors will have access to the attractive and consistent returns that asset-backed mortgage investment vehicles provide. Lenders will be able to participate in the initial funding of a mortgage as well as the purchase or sale of FMS on Viva’s FMS Exchange, a secondary market for FMS. In either case, lenders will be able to search by criteria for FMS
