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 …
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