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Wednesday, January 16, 2019

VANTA - Decentralized Network for Real-time, Secure, and Private Connectivity


Welcome my friends to the exciting new Project today and let's see their great idea:


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.

Real-time networking technology covers a wide range of areas. The technology can be used for messaging / file transfer / voice & video call development, large-scale real-time video streaming, and
transmitting & processing various real-time data collected from IoT sensors. Besides addressing these problems through the VANTA blockchain, VANTA will provide and expand enterprise-level telecommunications network solutions to businesses and enterprise customers.

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.

Why VANTA?


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.

Benefits of using VANTA

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.

VANTA Blockchain & Consensus Algorithm


The Need for a New Consensus Algorithm

Because VANTA is a blockchain designed for processing real-time networking tasks, a new consensus algorithm is needed for effectively processing it. Previous consensus algorithms were
based on Proof-of-Work or Proof-of-Stake and wasted compute power, and thus was unsuitable for use with VANTA. Therefore, VANTA aims to use the computing power and network resources of network nodes to be used for real-time networking, and merge proof for those tasks with block generation and consensus algorithms to create a consensus algorithm optimized for VANTA.

Use Cases

VANTA is a blockchain project dedicated to connecting with real businesses to grow our ecosystem.

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.

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.

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.

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.

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.

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 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.


Roadmap

2018 Q2
Ideation / VANTA
Established

2018 Q3
VANTA Architecture and
Consensus Algorithm Design

2018 Q4
Website launch,
White paper release,
private ICO

2019 Q1
Technical paper release,
The ARKAS protocol development

2019 Q2
The VANTA Testnet

2019 Q3
The VANTA Mainnet,
VNT Native Token Swap

2019 Q4
dApp Incubation & Developer
Community Expansion

VANTA
INFINITY Connect

VANTA Team & Advisors

VANTA Team


VANTA Advisors





For more information, please visit the following link:



Author

Username : bitcampaign
ETH Address : 0x2eFA5E262f957ecAF1a4Ec8bb12E8AE91F93aEca

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