VANTA NETWORK REVIEW

bubu4845 (0)(1)in #blockchain • 5 years ago

The need for real-time connectivity between people or devices is increasing exponentially. A decentralized network that allows infinite connectivity with a guarantee of privacy is indispensable.

VANTA will aim to provide solutions to our everyday problems. It will be optimized for real-time data transmissions to provide infinite connectivity among all people, devices and information, creating a variety of new opportunities for businesses.

So What is VANTA?

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.

Using blockchain and cryptoeconomics designed for real-time networking, VANTA creates a system in which nodes participating in the network contribute to real-time data transmission and processing without relying on traditional centralized systems and networks. This system results in a low cost, functional blockchain based network. Anyone, regardless of existing platforms, can participate and use the network by using an API, an SDK, or modules to integrate with existing applications or platforms in use. VANTA, therefore, can easily expand the ecosystem through modules that integrate applications and platforms that require real-time networking.

VANTA NETWORK

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.

Benefit

For developers

Develop and operate a real-time communication service that is scalable, reliable, and highly secure at low cost.

For users

Use various high-quality services free or almost free of charge without worrying about privacy.

For organizations

Build a blockchain-based telecommunication network between different organizations.

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.

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.

USE CASES

01.Communications

Real-time collaboration services, delivery/shopping/car sharing/reservation related platform services that require communication between users, customer service within shopping or reservation services, and social dating services.

02.Streaming

Live video streaming services will include online courses, user-generated video content, sports & game broadcasts and more while VOD streaming services include movies, entertainment, and music.

03.Games

Online game interaction data will be transmitted through VANTA, which will provide real-time data processing, a necessity for game developers. Tradable items with monetary value will be tracked by VANTA’s blockchain.

04.Internet of Things

Some IoT sensors and hubs require thousands to tens of thousands of data per second. These IoT sensors and hubs can use VANTA to process traffic data, factory operation data, personalized medical and welfare data, connected car data, smart home data etc.

05.Telecommunication Infra

VANTA provides private blockchain solutions to enterprises, public institutions, and hospitals looking to set up telecommunications infrastructure. A blockchain-based telecommunications infrastructure is cost-effective and easier to use.

VANTA Token Distribution

The VANTA network consists of 56.2 billion VANTA (VNT) tokens. A total of 35% will be raised via token sales. 10% of tokens will be given to the team who are core contributors for VANTA Network. Most of the portion of the budget will be dedicated to developing for the performance optimization and further function development.The VANTA (VNT) tokens shall be distributed as the following :