Review on Vanta Network by Robiul Islam
A Decentralized Network for Real-time, Secure and Private Connectivity.
The VANTA Network is a strong project that supports the existing South Korean communications firm Voiselaco. The team is strong in experience, development, management and communication. Key team members have worked on behalf of notable international companies such as Microsoft, Oracle, HP, Samsung and so on. The VANTA Network has partnerships with leading global companies: Oracle and Microsoft, which will help implement the project in the future.
They are building a network that allows individuals and companies to develop services that can efficiently transmit and process data at low cost with security. This will allow various possibilities in terms of networking and connectivity, and I see various potential use cases in the future. Messaging, file transfer, voice and video call development, video streaming and the processing of various real-time data collected from IoT sensors, for example, will be enabled by the VANTA network. To allow for higher levels of customization and new ways of commercialization, it enables developers and external teams to deploy applications on its blockchain infrastructure using APIs and SDKs.
I believe this project has a great opportunity to be a strong player in the blockchain industry. A long-term approach is suggested here, investors should closely monitor the developments, but the team can pay for an initial investment if they can continue with the technology as well as partnerships and true adoption.
Pros
- It can be used to solve real-life problems. For developers, It can be used to create various services that will improve the solutions of those real-life problems.
- Develop and operate a real time communications service that is scalable, trustworthy, and extremely secure at low cost.
- Use a variety of high-quality services for free or at no cost to you, without worrying about privacy.
- Create a blockchain-based telecommunications network between different companies.
Cons
- Lack of top VCs or consultants involved.
- 35% of the tokens were sold to the crowdsale participants.
- Long roadmap with mainet going Live in 2020 Q1.
