Most of the world’s population has no access to banking systems. Banks and branch offices with a large number of employees are putting users in a very difficult situation. These big banks are constantly trying to take their rising costs from their customers. Banks that offer attractive credit offers to their customers can make all the assets of the users more brutal if the customers do not pay these fees. Decentralized advanced currency exchanges are faster and safer than today’s Fiat stock markets. In today’s blockchain systems, such as Bitcoin, Ethereum, and Tezos, the days of days of changes in the benefit of conventional savings take minutes or less.
Tezos is a newly decentralized blockchain that manages itself by establishing a real digital community. It facilitates formal verification, a technique that mathematically proves the correctness of the code governing transactions and increases the security of the most sensitive or financially weighted smart contracts. Tezos has adopted a fundamentally different approach to governance by creating governance rules for stakeholders to approve protocol updates that are then automatically distributed to the network. This approach provides a strong incentive to participate in the core development of Tezos and removes the maintenance of the network from the center. It pays developers with immediate value, rather than forcing them to do research for corporate sponsorship, Foundation salaries or just internet reputation.
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.
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
How VIAZ Tezos Peer To Peer Blockchain Funding Platform Works
When a borrower gives advance, a sharp contract is made at the stage and the credit is recorded as a block record. At this point, banks will have the opportunity to bid on the distinguishing financing gaps based on credit costs. In cases where the bank should support the loan at higher loan rates, they can do so and obtain higher financing costs. The borrower’s repayment will be via the viaz scene’s indicators. Viaz calls on registrants to buy Fiat or crypto using their tokens as a guarantee. At first, the local token of Tezos, the viaz tokens and the Tezzies (“XTZ”) will be the main accepted guarantee. Bitcoin and different altcoins will be added to the stage then.
- No Taxes
- Hazard Free
- No Fees
The first decentralized system designed in the Tezos ecosystem, the viaz ecosystem is now designed as a telephone application and desktop system. Don’t miss this investment opportunity.
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