VANTA : Decentralized Network For Real-time, Secure and Private Connectivity

VANTA is looking to build an intelligent network for real-time networking, which enables individuals and companies to quickly develop services that can efficiently transmit and process real-time data, as well as commercialize the services at low cost without additional infrastructure. As a result, creative services will be provided and integrated within the VANTA ecosystem, and VANTA blockchain will be a practical blockchain that will greatly contribute to improving the daily lives of individuals and operations of enterprise businesses.

VANTA aims to be the World’s first decentralized network that enables fast and low cost development and operation of scalable services that provide infinite connectivity.

In VANTA, participating nodes will compete to contribute to connect, transmit and process data in real-time on the network, which will provide a low-cost and highly available intelligent network. By combining this competitive system with verifiable randomness, VANTA will feature a consensus algorithm that will increase scalability and efficiency.

What solutions does VANTA offer us?

VANTA will strive to solve problems through a decentralized intellectual network based on blockchain technology. What these tasks will be, I will tell below:

Increase network bandwidth and cost

Current networks and infrastructures that support various real-time networks reach bandwidth limits, and of course price increases. This means that companies will not be able to provide reliable services, as the cost of the network and server will increase along with increasing the amount of data transmitted.

VANTA will address bandwidth and cost problems by creating shared computers and mobile devices around the world, whose performance is growing rapidly every year to facilitate the creation of networks in real time.

Real-time network development costs and problems with centralized services

Many companies are limited or fail to develop network services in real time because of the cost, time and lack of skills necessary to develop and operate such services. As a result, more and more A number of companies use centralized API services that help develop real-time network functions. However, there are some problems with centralized APIs. After using centralized About the API, the fee increases significantly as the use of these services increases. Moreover, the API provider can suddenly change the policy, stop the API service without notification, or simply be downtime services that adversely affect the company developing services based on the provided API.

Also, since the data is stored on a centralized server, it cannot be free from hacking or privacy issues. These problems can be solved by creating a decentralized network for real-time networks that are not owned or controlled by anyone, and this can be used to provide various network connections. Real-time API for companies.

Privacy issues related to the transfer and storage of personal data

In the future, more diverse personal data will be transmitted over the network between devices and stored on various centralized servers to ensure uninterrupted service. But if users cannot know whether they are correctly encrypted, transferred, stored and their data has been deleted from the server, they will worry about various types of hacks, and so will also be monitored by the state and the corporate network. Personal data leakage will cause bGreat damage. But with the help of blockchain you can transparently confirm the process of transfer, storage, deletion of data. Decentralized nodes transmit and store real-time data that prevents hacking and malicious use of personal data.

Access to data generated by devices and charges for using data

In the future, there will be a growing need to transmit and receive data in real time between people and devices, and also between devices, that is, transfer from one device to another device. It is necessary to have a system that can operate transparently and accurately in accordance with the rules established between devices without human intervention to automatically obtain permission to access data, setting up a temporary network for Acquiring data and paying for using data. Therefore, VANTA intends to create an efficient system that in turn will be able to quickly and safely send and receive data in real time, while creating a competitive system that will instantly set up networks in accordance with each situation.

Confidence in communication between the parties and confidence in the data transmitted from various devices

People evaluate purchases using shopping and mass media, but there is no assessment of people or devices with which people communicate. In the future there will be more and more real-time communication between people and devices, which will require reliable evaluation. Confidence will be achieved in the future, regardless of whether the person is engaged in everyday life or conducts his own business.

Benefits of using VANTA

VANTA-based service developers

With VANTA, it is possible to develop and operate scalable, stable, and highly secure real-time networking services at a low cost. Developers can quickly and inexpensively develop real-time networking capabilities based on VANTA without building up a separate server or develop real-time networking from scratch. According to the staking based token economy, developers may utilize

VANTA’s network resources by staking VNT tokens. It is available at no cost, except for a small fee when VNT tokens are unstaked. If a developer does not have enough VNT tokens to secure the resources they need for their service, they have the option to create a policy requiring end users to stake VNT tokens for all or a portion of their own resource usage. In other words, developers and users can share staked VNT tokens to run a service. It enables to significantly reduce the development and operation costs of real-time networking related services.

VANTA-based service users

End users using VANTA-based services benefit from lower service costs and privacy. When a service developer stakes sufficient VNT tokens for the service’s network resources, end users usually do not have to stake VNT tokens for their own resource usage. However, if the service is set up for end users to stake VNT tokens to run the service as explained with the previous sections, each user needs to stake VNT tokens for their own resource usage.

Users can also easily create a VANTA account without a separate subscription procedure or authentication. This is possible because network participants communicate through an anonymous hash value that cannot be used to track their identity. Also, users can create a new account at any time, further assuring that an individual cannot be identified. Since there is no central control authority and all data is encrypted and transmitted between peers, it is impossible to provide communication records, data / media, etc. at the request of the central government or authorities. This means that it is possible to use secure, decentralized communication services without privacy problems.

Benefits for organizations from adopting VANTA as a telecommunication network

Because VANTA is specialized in real-time networking and has various communication functions, VANTA blockchain can be used by organizations such as governments, businesses, and schools that want to build their own elecommunication network. The VANTA blockchain telecommunication network can be built quickly and cost-effectively without the need for a separate server or infrastructure.

VANTA will also provide direct consulting and customized development for cases in which the government, company, or school, etc. has technical difficulties using VANTA as a telecommunication network. Therefore, it is possible for each organization to build an optimized blockchain based network.

VANTA Platform and Its Modules

VANTA fabricates its own ecosystem as a blockchain platform, making an assortment of network applications and constant administrations. VANTA will give an essential module as a SDK or API to give platform-free access to the VANTA network. Thusly, this causes all platforms and applications who require continuous networking abilities can utilize these administrations, which in reality will prompt the fast extension of the VANTA ecosystem.

Size of Potential Market

The team aim to become leaders in the world of communications and the global transfer of data and have produced information on the Global Datasphere which accounts for all new data that is captured, created, and replicated. They show that the Global Datasphere will grow from 33 Zettabytes (ZB) in 2018 to 175 ZB by 2025, and that 90ZB of data will be created on IoT devices by 2025. In addition, more than 150B devices are forecasted to be connected across the globe by 2025, with the majority set to be creating data in real time. The Datasphere was made up of 15% real-time data in 2017, and this is predicted to grow to 30% by 2025. In addition, they highlight that Gartner forecasts that the total market value of blockchain-related businesses will grow to more than $ 176 billion by 2025, and will reach $ 30 trillion by 2030.

As a result, VANTA is targeting a significant market and is aiming to become a widely used decentralized messaging and data transfer platform that provides viably alternatives for both everyday users and commercial entities. The team faces competition from high profile companies already in operation such as Google, Slack, and Twilio, however they plan to develop APIs that allow VANTA to integrate with these platforms in addition to products such as Stripe, IBM Watson, Cloudinary, and Amazon Web Services.

The use of APIs may allow VANTA to get a foothold in the market as it does not need to compete directly against more established industry heavyweights and can instead work to leverage their already existing user bases. The team also looks set to make the most of strategic partnerships with leading companies such as Voiceloco, Sejong Telecom, Oracle, and Microsoft to help develop their standing in the world of commerce and the blockchain economy.

VANTA Architecture

VANTA designed an architecture optimized for real-time data. It creates its own platform ecosystem and can be applied as a module to other platforms. Therefore, a wide range of service developers and users will participate, and various services with real-time connectivity will be developed.

The Intelligent Network Platform

VANTA’s intelligent network is a decentralized network that performs real-time transmission, processing, and storage of data. It is comprised of intelligent nodes that select, collaborate, and evaluate each other. All the nodes in the network participate in real-time communication work competition based on their computing power, network bandwidth, memory, reliability and contribution. And the nodes that have successfully proved their work can participate in block generation. This process gradually evolves the scalability, reliability and efficiency of the network.

Network Framework

The VANTA Networking Framework is a low-level, non-blockchain, networking framework that delivers the networking performance for real-time communication while securing data against malicious attacks. Built on the PGP encryption standard and inspired by Namecoin’s decentralized namespaces model, this framework provides a rock-solid foundation for VANTA applications. Additionally, authentication and communication channel algorithms based on zero-knowledge proof enables secure data syncing and integration across multiple devices.

Token info

Token : VNT

Price : 1 VNT = 0.00088 USD

MVP/Prototype : Available

Platform : Ethereum

Accepting : BTC, ETH

Hard cap : 15,000,000 USD

Country : Hong Kong

Whitelist/KYC : KYC

Token Distribution

Roadmap

Conclusion

In General, I think the idea and concept of “intelligent network” VANTA is clear to you. And you as well as me, I'm sure you liked it. Because the world really needs additional, improved and effective tools to interact with each other. If the project is able to implement all what the developers say, then I will only be happy. Therefore, I wish them to implement their idea as soon as possible in order to evaluate all their advantages personally.

Team