VANTA the new generation of safe data transfer

in #blockchain6 years ago

Introduction

In this growing age of technology where almost everything is digital and within reach with just one click, we all know that there are also problems that will occur during this technological advancements. VANTA — Infinity Connect is a Decentralized Network for Real-time, Secure and Private Connectivity. VANTA is a blockchain specializing in real-time networking. It is a platform blockchain that can solve problems that general-purpose blockchains could not solve, and develop various services requiring real-time networking

Problems of the current age

Delays and limits of the current companies and the old technologies that they are using are costing too much that makes their services slow and cost a lot. These kinds of hassle should be solved by our current technologies but most of the companies are tired to innovate their system because of the process and money involved when creating new systems. The network cost will surely be costly because of the new technologies that we used are using higher data than before. These problems in data transmission will surely grow if companies would not upgrade their system and rely on the old ways and they will be having a big problem in the real-time data transfer.

Another major problem with data transferring is “hacking”. A user will never know if his/her data transferred through the internet is safely transferred to its destination he/she will never know if the data that supposed to be private is being jeopardized by some ill-minded people that lurk around the internet world. These kinds of problems will surely give a headache to every user that is using the internet with a third-party provider who transfers personal data that no one should know. Users of the current platforms are also blind if their data’s are being deleted or stored on the platforms that they are using. This old method of data storing and transferring is an easy target for hackers because of the methods that they use are old ways.

VANTA’s Solutions to the current problems of data transfers

For the problems of slow transfers and delays of the companies that transfer data from point to point VANTA will use the blockchain technology and would not rely anymore on the centralized system that we are used to, The decentralized nature of blockchain system will easily solve the problems of data transfers of the current age. VANTA will solve the throughput and cost issues by using computers and mobile devices all around the world, because we all know that the performance of this tools is rapidly growing each year, to contribute to real-time networking

The blockchain technology that will be used by VANTA is decentralized without anyone controlling it or anyone that will own it and this will surely create a tampered free decentralized network for real-time data transfers for company API to another.

About VNT token

The amount of VNT tokens newly issued annually is determined by a fixed rate of 2 percent and the variable rate based on the number of tokens burnt in the previous year. Newly issued tokens are used as incentives for nodes performing real-time networking workloads and participating in block generation. Tokens burnt will go to the zero address, similar to Ethereum.

Ticker: VNT
Token type: ERC20
ICO Token Price: 1 VNT = 0.00088 USD
Fundraising Goal: 15,000,000 USD
Total Tokens: 56,200,000,000
Available for Token Sale: 35%
Role of Token: UTILITY
Conclusion

There are many ICO and fundraisings that spreads all over the Crypto ecosystem as time goes by but VANTA is one of the projects that catch my attention because of its innovative way of dealing with the current problems in our system.

Official site, social media, and other important sites about VANTA

Website: https://vanta.network/

Whitepaper: https://vanta.network/doc/VANTA_White_Paper.pdf

Telegram: https://t.me/vantanetwork

Twitter: https://twitter.com/vantanetwork

Facebook: https://www.facebook.com/vantanetwork/

Reddit: https://www.reddit.com/r/vantanetwork/

Announcement thread: https://bitcointalk.org/index.php?topic=5095100

Cryptodiffer: https://cryptodiffer.com/vanta-ico

Icomarks: https://icomarks.com/ico/vanta/

Icodrops: https://icodrops.com/vanta-network/

Disclaimer

This is not a financial advice. I am not a financial advisor what so ever. Please consult with your financial advisor before making any investment and decision.

Author of this article
Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=1157217

Bitcointalk username: denzkilim

Ethereum Wallet Address: 0xf1e5412126C18178d0C5B909CD40502d7F0652f1

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