Vanta Network - the Future of Connectivity

toluene (47)in #crypto • 5 years ago (edited)

Over time communication and connectivity between humans have constantly been subjected to change, always advancing in different forms from the traditional forms to the modern/digital forms in order to make communication simple, convenient and swift.

The invention of the internet has been a game changer in the world technology system by integrating itself into an integral part of human live. The internet usage plays an important role in the generation, collection, analysis, and storage of data. As our daily internet continues to increase drastically, data generation also increases simultaneously, with statistics showing the possibilities of internet users increasing to over 5 billion and the daily data usage increasing from around 40 billion gigabytes to over 400 billion gigabytes by the year 2025. The importance of the internet cannot be overstated indeed.

In this content, I will be introducing an innovative Blockchain project that seeks to combine the Blockchain technology with the internet in order to revolutionize internet usage by providing much needed solution to the challenges of the internet. This project is known as VANTA NETWORK

Introducing VANTA NETWORK

Vanta is a decentralized Blockchain network with the aim of revolutionizing the connectivity by utilizing the Blockchain technology to generate a very scalable private and real-time data interactions and storage for network users at a relatively low cost.

Need for Vanta Network

The need for Vanta was necessitated by the exponentially increasing rate and demand for data exchanged between humans and devices on the internet. The adoption of the internet by users worldwide continues to increase rapidly, with innovative technology services like IoT (internet of things), video streaming, messaging, etc contributing largely to the increasing load of data on the internet. This increased load on the internet is already having its effect, with existing service providers experiencing hiccups like reduced speed, security rift, . There is an obvious need for an innovative network capable of generating; transferring and processing data securely, privately and at a more scalable and fast speed.

Vanta Network solution

Vanta will be offering solution to these challenges by deploying the Blockchain technology to produce a network that is capable of providing users with very scalable real-time data interaction between along with unlimited connectivity, privacy and security through highly encrypted decentralized data storage.

Vanta also offers individual developers and companies the ability for the development and operation of very scalable, stable, privately encrypted and highly secured network services at a relatively cheaper cost. Example is a developer that wants to build a network that will utilize services like IoT services and other amazing services, do not need to build from the scratch but can rather utilize Vanta platform to build the network.

The advantages of Vanta Network

Reduced cost of development of decentralized services
IoT data generation
High security of personal data and data storage
Speedy data interaction between devices
Availability of SDK for developers

ICO Structure

The VNT token is being used for staking on the platform by developers in order to secure the resources needed for their services on the Vanta platform.

Token Ticker: VNT

Token Type: ERC 20

Fundraising Goal: $15,000,000

Total supply: 56,200,000,000

Percentage available for token sale: 35%