VIAZ is a decentralized application (“DAPP”) bridging the gap between lenders and borrowers of fiat and digital currencies. VIAZ will use VIAZ Smart Contracts for transactions initiated in the VIAZ Platform. Just as similarities and differences exist between electronic and fiat currency, a closer examination of VIAZ compared to your traditional bank system reveals both converging and diverging characteristics. A notable similarity is the VIAZ Platform, by putting possible borrowers in direct experience of potential lenders, empowers users to borrow, lend, and move currencies throughout a global system. But, unlike banks, the VIAZ Platform will provide a far more efficient, economical and secure services for all consumers. The first DAPP to run on the Tezos blockchain, a elf-amending crypto-ledger, the VIAZ Platform has inherent advantages in comparison with other rivals inside bazaar.
As mentioned, the VIAZ Platform are decentralized. Our aim are to make this market driven platform conducive for crypto and fiat loyalists alike. Billions of individuals globally usually do not have actually access to banking institutions. The VIAZ Platform provides them with an opportunity to take advantage of this global system of loan providers and borrowers from the convenience of their own computer or smartphone.
A sound banking system mobilizes the small and scattered savings for the community and produces them available for investment in productive enterprises. The question of institutional accountability speaks straight to another promise of cryptocurrency. With their capacity for programmability, a blockchain can enforce smart economic contracts. Recently, and into the long run, blockchain technology like the VIAZ Platform will solve dilemmas of collateral management and guarantee conformity with capital requirements.
The VIAZ Platform will connect digital assets, equity, and fiat in ways not previously feasible due to boundaries inherent in the standard central banking space. The VIAZ Platform will bring the world closer by dismantling these boundaries and empowering individuals to take control of their own economic destinies.