VANTA — Unlimited Connectivity and Future Decentralized Networks
VANTA — The development of technology is increasingly sophisticated and rapid over time, especially information technology. Thanks to the sophistication of the technology, making daily activities easier. No wonder if real-time data and communication (at that time) is increasing exponentially. The need for transfer and process data is more numerous and growing rapidly. We can see examples in streaming broadcasts and high-definition video calls. Apart from that small example, the education, entertainment, transportation, medical support systems, traffic information systems, entertainment sectors, and others also utilize real-time IoT (Internet of Things) transmission and processing of data, which generates hundreds of thousands data points per second.
What is VANTA?
VANTA is a decentralized real-time network, secure and private connectivity. VANTA aims to become the first decentralized network in the world so that the development and operation of scalable services become fast and inexpensive and provides unlimited connectivity. VANTA also aims to provide solutions to everyday problems that will be optimized for real-time data transmission, thus providing unlimited connectivity between all people, between devices and information, including creating new opportunities for businesses.
This real-time network technology covers a variety of fields which can be used for message delivery, file transfer in the form of voice or video calls, large-scale real-time video streaming, and transmits also processes various real-time data collected from IoT sensors. In addition to overcoming this problem through the VANTA blockchain, VANTA will also provide and expand telecommunications network solutions for enterprise level for business and customer companies.
VANTA uses the economics of blockchain and crypto which are designed for real-time networks, and without relying on traditional systems and networks that are centralized. This system then produces a cheap functional blockchain based network. Anyone can participate and use the network using the API, SDK, or modules to be integrated with the application or platform used. Therefore, VANTA can easily expand the ecosystem through modules that integrate applications and platforms that require real-time networking.
What is the Potential of the VANTA Market?
There are two markets related to VANTA marketing, namely video streaming and IoT data processing.
Streaming Video
According to global market research Research and Markets, the 2016 video streaming market was valued at $ 30.29 billion in revenue. The amount is expected to double by 2021 to $ 70.05 billion USD. Cisco in this regard also estimates that online video will contribute 82% of traffic on the internet in 2022. In particular, the “real-time” video streaming market provided by Facebook Live, Twitter sports broadcasting services, and video broadcasting services such as YouTube and Hulu accounts are only 3% of internet video traffic in 2017. But it is expected to grow more than four times to 13% by 2022. As a result, consumer demand for higher quality bandwidth and videos will increase dramatically. Indirectly, problems will occur in the transfer of data to be inefficient and the high cost of using a centralized server will increase significantly.
IoT data processing and streaming
IoT or the Internet of Things is a concept where an object has the ability to transfer data over a network without the need for interaction from human to human or from humans to computer devices. For example, like a car that can drive itself without being driven by humans. The role of humans is only as a controller. For more details, you can see in the following video (source: https://www.dewaweb.com/blog/internet-of-things/)
According to a market research company called Statista, the size of the IoT industry will grow by 24.4% per year and will be $ 1.7 trillion USD by 2019. Gartner even expects global IoT devices to grow to 20 billion by 2020. The BMI Research estimate that by 2050 there will be at least 40 billion “things” or objects will be connected to the Internet. Thus, many things will be connected in the community so that this IoT market will increase dramatically. Therefore, more data will be generated in real-time by various IoT devices, individuals and companies that want to receive real-time data increase significantly. This condition causes the IoT device on the centralized server that sends it to users to encounter throughput constraints and costs.
So, the presence of VANTA is an opportunity for smart networks to be integrated into IoT devices and services. VANTA, in this case, will enable it to reliably and efficiently transmit data generated by IoT devices with limited resources to more devices.
Benefits of Using VANTA
With VANTA, real-time network services can be improved, stable, and very safe at a low cost. Developers can quickly and cheaply develop VANTA-based real-time network capabilities without having to build separate servers or develop real-time networks from the start. Developers, in this case, can utilize VANTA network resources with VNT tokens. This is available at no cost unless there is a small fee when the VNT token is released. If developers do not have enough VNT tokens, they have the choice to make a policy that requires end users to attach VNT tokens to all or part of their own resource use. In other words, developers and users can share the VNT tokens used to run the service. This will significantly reduce the development and operation costs of services related to real-time networks.
By providing this advantage to developers, VANTA can create a development environment that helps developers build services that are useful for end users. The network can also generate flexibility for service development so that applications are more creative and innovative and not tied to the design of business models.
Distribution of VANTA Tokens
VANTA launched 56.2 billion VANTA tokens (VNT). 35% will be released through token sales. While 10% of tokens will be given to the team which is the core contributor to the VANTA Network. Most parts of the budget will be dedicated to development to optimize performance and further develop functions. VANTA Token (VNT) will be distributed as follows:
For more detailed information about VANTA Network and ICO, you can visit the following link:
ANN: https://bitcointalk.org/index.php?topic=5095100
Website: https://vanta.network/
Whitepaper: https://vanta.network/doc/VANTA_White_Paper.pdf
Twitter: https://twitter.com/vantanetwork
Facebook: https://www.facebook.com/vantanetwork/
Telegram: https://t.me/vantanetwork
Author
Profile: https://bitcointalk.org/index.php?action=profile;u=843467