1 VIAZ = 0.06 USD
Exponential growth of cryptocurrencies has opened a contemporary market that is evolving on a monthly, if not weekly basis. Security and management of digital assets are two critical elements for all stakeholders within the burgeoning cryptosphere.
February 15, 2019
April 15, 2019
ETH, BTC, XTZ
Know Your Customer (KYC):
Exponential growth of cryptocurrencies has opened a contemporary market that is evolving on a monthly, if not weekly basis. Security and management of digital assets are two critical elements for all stakeholders within the burgeoning cryptosphere. 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.
To fiat, digital currency is similar and alien at the same time. Both fiat and digital currency can be used to procure products, but digital currency is not yet commonplace and doesn’t bank in a traditional sense. Digital currency uses encryption techniques to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.
Decentralized digital currency transactions are faster and more secure than present day fiat transactions. Transactions that take days within the traditional banking system now take minutes or less on blockchain networks such as Bitcoin, Ethereum, and most recently, Tezos.
VIAZ is a decentralized application (“DAPP”) bridging the gap between lenders and borrowers of fiat and digital currencies. VIAZ will employ VIAZ Smart Contracts for transactions initiated on the VIAZ Platform. Just as similarities and differences exist between digital and fiat currency, a closer examination of VIAZ compared to the traditional banking system reveals both converging and diverging characteristics. A notable similarity is that the VIAZ Platform, by putting potential borrowers in direct contact with potential lenders, empowers users to borrow, lend, and transfer currencies throughout a global network. But, unlike banks, the VIAZ Platform will provide a more efficient, cost effective and secure service for all users. The first DAPP to run on the Tezos blockchain, a self-amending crypto-ledger, the VIAZ Platform has inherent advantages when compared to other competitors in the bazaar.
As mentioned, the Platform is decentralized. Our aim is to make this market driven platform conducive for crypto and fiat loyalists alike. Billions of people globally do not have access to banks. The Platform provides them with an opportunity to take advantage of this global network of lenders and borrowers from the convenience of their own desktop computer or smartphone.
A sound banking system mobilizes the small and scattered savings of the community and makes them available for investment in productive enterprises. The question of institutional accountability speaks directly to another promise of cryptocurrency. With its capacity for programmability, a blockchain can enforce smart financial contracts. Recently, and into the future, blockchain technology such as the Platform will solve issues of collateral management and guarantee compliance with capital requirements.
Sold on Pre-Sale:
Tokens sold to the public 26.67%
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