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VANTA aims to be the World’s first decentralized network

VANTA aims to be the World’s first decentralized network

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.
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.

The need for this network arises from the fundamental reason that the amount of real-time data exchanged between people and devices is increasing exponentially. In addition to the number of devices connected to the Internet, the amount of data that individuals produce and consume in real-time is exploding. The need to transfer and process more data quickly is growing rapidly.
High-definition broadcast streaming, high-definition group video call, low latency data processing for VR & AR are some examples. In addition, sectors such as education, entertainment, individual medical & life support systems, traffic information systems, and factory operation systems leverage real-time data transmission and processing from various IoT sensors, which generate hundreds of thousands data points per second.

VANTA will aim to solve the following problems through our decentralized intelligent network based on blockchain technology.
If you’ve ever played online games or any type of games with online communities, you’ve probably seen cases where players communicate with each other through text or voice chat services. The question that people usually don’t think about is: Did the creators of these games develop their in-game communication services?
The answer is most likely no.

Developing an in-game communication service can be incredibly time-consuming and may require more manpower if a company doesn’t already have the technology. APIs can come in handy where companies need specific functions integrated into their own services.
APIs (Application Programming Interface) can be accessible through Software Development Kits (SDK) that are provided by the creators. SDK is a set of software development tools that allow anyone to implement one or more APIs in the form of on-device libraries to interface to a particular programming language. It could also be a hardware-specific tool that can communicate with a particular embedded system.
APIs have already become common in the IT industry for a while now but with the recent spread of smart devices and the explosive growth in IoT sector, the demand for APIs from both mobiles and web service providers is growing exponentially.
With the rise of new industrial structures like IoT and Big Data, businesses must focus on building and expanding their ecosystems while adapting quickly to the trends in the market. Gartner, Inc, a global research and advisory firm, advised businesses that APIs are the most essential, basic elements of digital business platforms and stated “APIs make digital society and digital business work by connecting people, businesses and things.”¹
In the past, companies considered their technology to be highly confidential and kept their sources private. In the recent years, however, companies have been opening up to collaborate by sharing and combing their technology with other companies in their ecosystem. They do this with open APIs, or public APIs, which can be used by both companies or individuals to integrate proprietary software application or web service.
Introduction to VANTA’s API and SDK Services
VANTA is a platform blockchain that will be optimized for real-time networking. Although it will have its own ecosystem with all types of applications and services, VANTA will provide core modules in the form of an SDK and/or API available in a variety of common programming languages using standard architectures such as REST. So individual developers or companies will have platform-independent access to the VANTA Network.

These well-documented modules will allow developers to easily build services that can access the numerous devices worldwide that already participate in the VANTA Network. For example, a developer could build a messaging application using existing technologies and subsequently connect to the VANTA Network using these modules. The application would then be available for devices connected to VANTA. Thus, VANTA will act as the backend, with the application being run in real-time across many devices in a P2P fashion.
Instead of the typical client-server model with many devices connecting to a single, centralized server, VANTA offers a secure, P2P, scalable and stable network to facilitate real-time network. Our “Proof of Network” consensus algorithms using Verifiable Random Functions (VRFs) solves the issue of achieving consensus over a large network, with typical Practical Byzantine Fault Tolerance (PBFT) algorithms running in O(n²) time. Furthermore, the lack of centralized servers means that the user’s data is secure on their own devices. Many services such as LinkedIn and Uber have disclosed that data on millions of users have previously been compromised. Secure communication services and encryptions over a P2P network such as VANTA ensures that this will be impossible. Furthermore, since the blockchain will be running on many verifying nodes, VANTA has no single point of failure, meaning that even if many devices fail, applications can keep running.
Thus, VANTA will provide easy-to-use and well documented modules to allow developers with their existing knowledge to use VANTA as the backend, providing all the benefits of a decentralized network for real-time communication in a scalable, secure manner.

Detailed Information
Website: https://vanta.network/
Telegram: https://t.me/vanta_network
Facebook: https://www.facebook.com/vantanetwork/
Twitter: https://twitter.com/vantanetwork
Medium: https://medium.com/vantanetwork
Reddit: https://www.reddit.com/r/vantanetwork/
LinkedIn: https://www.linkedin.com/company/vantanetwork
Bitcointalk: https://bitcointalk.org/index.php?topic=5095100

This article was created in exchange for a potential token reward

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