Vanta Project Review
Introduction
Data has been at the backbone of technological advancement over the centuries. These pieces of information and a set of values derived in their raw form or as results of the further analysis is a major part of human civilization. Data is been generated, transmitted continuously and along with technological advancements, data has become more important to us than ever before.
The Internet ever since its invention till this moment has been the major tool for assessing, collecting, analyzing, transmitting and storing data. To make this possible, the major internet service providers have invested and are still actively investing billions of dollars in physical infrastructures, in order to cope with increasing demand on the rapidly increasing internet users worldwide.
Pain Point
The rapid increase of internet users worldwide, combined with lots of groundbreaking inventions like IoT (Internet of things) has increased enormously the load on the Internet. The world's daily data usage which stood at 44 billion Gigabytes per day in 2016 has been forecasted to rise to 463 billion gigabytes a day in the year 2025. The users of wearable IoT devices has also been forecasted to rise from 28.3 million in 2016, to a staggering 82.5 million in 2020.
This above figures only goes to show that the demand for the Internet and its services is growing at an outrageous rate and the internet service providers whose systems are already experiencing glitches, reduced speed, and security breaches will need a lot of help coping with this.
In this article, I will be presenting the long-needed solution to the data interaction and communication problems of the internet which is a decentralized platform built on the blockchain technology. This new innovative platform is called VANTA.
VANTA Network
VANTA is a blockchain based decentralized network which has been designed to create private and secure real-time data interactions its users both individuals, SMEs, and large corporations.
VANTA utilizes the blockchain in the production of this highly scalable real-time data interaction service, creating a large network of individuals capable of unlimited connectivity and fully encrypted decentralized data storage.
VANTA network goes further than mere data transmission to create an intelligent network which also provides a platform for individuals and companies to develop different types of services capable of efficiently and effectively transmitting or processing data in real-time. The cost of commercializing this services is cheap as there isn't need for more physical infrastructures.
Unlike the present centralized companies offering data services, VANTA provides a more secure and economical future with quick and easy service developments facilitated by strategic partnerships with industry giants like Microsoft. Services like e-commerce, e-health, messaging, decentralized storage, data analysis and many more can be easily created and commercialized through the VANTA ecosystem.
Advantages
Below are some of the advantages of VANTA network
- Low cost of development of decentralized services
- Increased security of personal data and other data generated through IoT devices
- The high speed of interactions between devices
- Easy to use SDK (Software Development Kits) available for developers
- More innovative and satisfying services will be enjoyed by users
- More reliable and highly secure data storage.
The opportunities provided by the VANTA ecosystem to a lot of industries are endless, the applications of VANTA network can be seen sectors like gaming, telecommunications, sports, IoT, research and a lot more.
ICO Details
The VANTA ICO is the chance for early investors to purchase the native cryptocurrency of the VANTA ecosystem, this is the VNT tokens. This cryptocurrency is the fuel of the ecosystem and will actively be used to initiate different commands and transactions within the platform.
Ticker: VNT
Blockchain: ERC 20
ICO Price: 1 VNT = 0.00088 USD
Hardcap: 15,000,000 USD
Total Token Supply: 56,200,000,000
Available for Token Sale: 35%
Conclusion
The VANTA project is a highly rated ICO with is poised to disrupt the decentralized and centralized technology industries. The project team and advisors is an all-star team of real tech and business experts and the project have made strategic partnerships with companies like Microsoft, Oracle, RocketFuel as well as a decentralized platform like Quarkchain among others.
This is a well planned and thought out project that will make VANTA an ever-growing self-sustaining ecosystem.
Official Contacts
WEBSITE: https://vanta.network
TELEGRAM: https://t.me/vantanetwork
WHITEPAPER: https://vanta.network/doc/VANTA_White_Paper.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=5095100
FACEBOOK: https://www.facebook.com/vantanetwork/
TWITTER: https://twitter.com/vantanetwork
MEDIUM: https://medium.com/vantanetwork
REDDIT: https://www.reddit.com/r/vantanetwork/
LINKEDIN: https://www.linkedin.com/company/vantanetwork
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