Vanta Review

in #eth5 years ago (edited)

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VANTA is a business centric blockchain based network, targeted to build a very intelligent network for real-time networking using distributed ledger technology coupled with crypto economics to make it a success. This network platform will allow both individuals and companies to develop efficient services that can send and process real-time data on time. This will also help to make services commercial at very low cost.

Furthermore, doing this will allow for provision of very creative services which will also be integrated into the VANTA ecosystem. What more?, the VANTA blockchain will be a very useful blockchain that will help contribute to the day-to-day improvement of individuals and their business operations. This is not applicable to individuals alone, companies can also make use of the VANTA blockchain for their operations.

Also, being built with h real-time networking technology allows VANTA network to cover wide range of areas. This type of thing technology can also be used for large scale video streaming, transmitting and processing of data, messaging and file transfer.

PROBLEMS VANTA WILL SOLVE

VANTA, using it's decentralized intelligence network which is blockchain based will be solving the following problems which includew;

•High cost of development of real-time networking which are built using centralized services. Often times, limitation has not allowed companies to develop their own real time network because of the high cost, time consumed and skills lacked to build. This has made more companies adopt centralized API. However, in the centralized network, the higher the usage, the higher the fee. VANTA aims to change how these things are being done.

•Limitation as a result of increasing network throughpy and cost. Current network that supports real-time networking are reaching throughput limits which means they might no longer be able to provide reliable services. VANTA will help solve the issue of throughput and cost for issues.

•Privacy concerns which is raised as a result of time to time hacks, data compromise, government surveillance and data leakage.

•Trust in exchange parties which are always between users who own data, data evaluators and users who the data are being transferred to. VANTA will create a trustworthy platform where by exchange parties wouldn't have to worry about how their data are being managed or protected.

TOKEN

The Network consist of about 56.2 billion VNTs with about 35% being raised as token sale, 15% goes to business development, 15% for market, 10% for the teams and founders, Advisory and Early supporters get 5%, R$D gets 15% while the remaining 5% go s into reserve.

TEAM

The team consists of experts who have worked and garnered experience from big tech companies such as Microsoft, Apple, Oracle, Samsung and IBM. The team is strong and solidly led by Ryan Seo who is also the CEO and founder.

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