Ever since the advent of blockchain technology money has taken a new look as well as its related transactions. One can easily send money (in form of digital currency) to anyone in the world irrespective of the location at a faster and cheaper rate than that which is offered by centralized systems (banks).
With blockchain technology, decentralization came to play thus making it possible for users to assume total control of their personal data in ways deem it, with the common way being through the use of private keys. In addition, with decentralization blockchain technology has succeeded in disrupting various systems and platforms; like in finance systems, sports, games, medical and so on; in each case offering a new world of services which are transparent, cheaper, faster, reliable, trustworthy and secure.
As earlier stated, cryptocurrency has made the transfer of money between individuals faster, cheaper and secure more than banks, but yet the relationship between cryptocurrency and fiat hasn't been that rosy, as there has been a wide gap between each thus making it hard for borrowers and lenders within the two systems. In a bid to connect the two systems, led to the creation of VIAZ platform.
### WHY VIAZ?
**_Why VIAZ is a good question, but first its satisfactory to know what actually led this group of experts into creating VIAZ._**
In the current centralized systems, banks to be precise, the services offered hasn't been that friendly ranging from debt financing to other money related transactions. Borrowing money from the banks isn't easy at all, as it requires long processes taking into account credit scores, work history etc, in all amounting to a very lengthy process which might still end up not favouring the individual. Even in cases where it favours the individual, through a process known as amortization, the banks still finds a way to play the ball according to the way they want.
Another critical point to put into consideration is the issue or the fact that banks don't accept cryptocurrency as collateral, which has ended up opening new and amazing opportunities for blockchain platforms in this case VIAZ.
Another issue is the high draft and money order fee which has proven to be unfriendly with small business as this draft and cheques are kept on a five-day minimum hold. In the same way, high wire transfer charges is another cause for concern as in most countries like Canada and USA, it is as high as $40.
### WHAT VIAZ AIMS TO ACHIEVE
In simple terms, VIAZ aims to bring together lenders as well as borrowers within the fiat and digital assets world via the use of its decentralized application (DApp).
VIAZ is a blockchain-based platform which will leverage on the use of smart contracts so as to carry out transactions faster, efficient and cheaper. When compared with centralized systems, VIAZ shows signs of similarity that is, borrowers are kept in direct contact with potential lenders, through this way making it possible for borrowing, lending as well as transfer from anywhere in the world, in the same way, VIAZ stands out from centralized systems by ensuring its users have access to a more cost-effective, secure and efficient services which will make them comfortably within the platform.
As it is within the crypto space, if any project isn't a blockchain on it own then it will leverage another blockchain so as to achieve its aim, thus VIAZ aims to leverage the Tezos blockchain, through which it's DApp will be based on.
Since VIAZ will be based on blockchain, thus it will be decentralized through this way making it possible for its crypto and fiat users to transact efficiently through offering them global services of lenders and borrowers which can be likened to that offered by banks, but in this case a more convenient service which can be carried out with smartphones or desktop computer, in all assuming control of their personal data
Furthermore, VIAZ will solve the issue of collaterals with capital requirements through the use of blockchain technology.
### CONCLUSION
VIAZ is an outstanding blockchain-based platform aiming to solve issues facing borrowers and lenders via the use of its DApp, through this way connecting cryptocurrency, equity and fiat.
In order to prove its different from centralized systems, VIAZ will not charge sign-up fees, monthly maintenance fee or any hidden charges. But in order to maintain the platform, will charge a small percentage of the interest, which is paid with its token.
### TO KNOW MORE ABOUT VIAZ
Join the Telegram Group: https://t.me/ViazOfficial
Follow on Facebook: https://www.facebook.com/viazofficial
Follow on Twitter: https://twitter.com/ViazOfficial
Follow on Medium: https://medium.com/@ViazOfficial
Website: https://viaz.io
Whitepaper: https://viaz.io/documents/Viaz-Whitepaper_EN.pdf
Writer's Bounty0x Username: Emmy92