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As the world continues to grow technologically, the internet and data continue to undergo changes as the world as it is now is a global village. People all of the world are connected through networks and as a result share data amongst themselves. It doesn’t end at people, firms and organizations are also connected to each other through our modern networks. This means as the world continues to technologically advance data creation and transfers continues to increase, so does the processing of data as well. Data has to be process a lot faster and efficient than it used to due to the huge raise in the amount of data created and shared . But due to traditional servers and current centralized technology, the amount of data available now to be processed and shared are not being done very efficiently, making the cost of current data and networking services grow outrageously. The problem that brings about the rise in cost is the fact that services that can process and share data on real time are really few, thereby making the ones available over clogged with data traffic hence the hike in costs. When we talk about the networking and data technology it brings with it a very wide scope of sectors which includes messaging and texting, transfer of files, streaming videos on the web, and generally processing and transmitting internet related data . Even in other physical sectors like education, firms and factories networking and data technology plays a huge role in their daily activities, hence the issue of hike in costs should be efficiently tackled by more services that can process and transmit data at a lowered cost.
♠️THE SOLUTION♠️
Vanta is a blockchain based project with the aim of creating a brilliant network where data can be shared in real time. The vanta project will give rise to firms and people creating services that can efficiently process and share data through the vanta protocol. Thereby making the service available for use at low cost to other users. In other words the vanta ecosystem will be full of modern and innotive services created or developed by firms and people. The vanta project with its use case and blockchain technology will therefore leave good impact on millions of people all over the world.
♦️WHY THE USE OF BLOCKCHAIN TECHNOLOGY?♦️
Through the use of blockchain technology the vanta project develops an ecosystem with nodes, and these nodes that partake in the vanta network give their own share of data processing and sharing, without the need of already existent centralized networks. Thereby bringing network services at a reduced cost (low) to millions of people willing to make use of the vanta project and its services . And at the same time bringing more awareness of the blockchain to the world at large. You may wonder what it takes to make use of the vanta network, well, users on other platforms are not excluded as they can link up with the vanta networks through API and SDK to integrate their existing platform with the vanta networks.
BENEFITS OF EMBRACING VANTA ✒
Security of users data and information is 100% guaranteed on the vanta ecosystem
Privacy which is very important is also protected by the project
PROBLEMS TAKEN CARE OF BY VANTA
• As the internet advances and more traffic are poured into network based data, these previous network are already on threshold and if pushed further will result in very efficient cost of networking, as networks will not be able to meet up with the rising traffic. Vanta will help reduce the cost as users with their mobile phones and computer will take part in data processing and transmission hence reducing the traffic. It is important to note that the operations at vanta will be done at low costs
• Centralization if network servies is no good and will be decentralized completely by the vanta networks , bring numerous advantages to people around the globe
• Trusts level in networking is relatively low as people have no way of verifying easily the trust level of others, with vanta and blockchain technology , this will be easily attained.
For more information, visit the projects based links below:-
WRITER'S INFO
NAME :- IYKE