VANTA NETWORK Participates in Oracle CloudWorld 2019

Februari 02, 2019

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

About Vanta

The VANTA Network is a decentralized and permissionless network that ensures real-time, secure and private connectivity. Through the VANTA Network, both individuals and corporations will be able to develop real-time data transmission services and commercialize those services at low costs. The VANTA Network will eventually aim to allow infinite connectivity among all devices regardless of location.

The VANTA Network’s aim is to allow individuals to create decentralized networks that perform real-time data transmissions as well as process and store that data by selecting intelligent peers, collaborating, and evaluating each other using the VANTA Network protocol and the consensus algorithm.

VANTA Participates in Oracle CloudWorld 2019

Oracle CloudWorld brings industry professionals together from finance, operations, marketing, customer service, and IT.

The VANTA Network team attended the Oracle CloudWorld Seoul 2019 at the InterContinental Grand Seoul Parnas on January 29. Over 4,000 people attended the conference for the 1-day conference.

Oracle plans to establish a massive data center in South Korea by the end of 2019. If their plans are implemented as scheduled, Oracle will be the third U.S. tech firm to build its own data center in South Korea, following Amazon and Microsoft. Amazon set up its data center in 2016 and Microsoft in 2017.

VANTA Network booth at Oracle CloudWorld

Oracle has made steady progress in the Cloud sector in the past few years. All of Oracle’s ERP applications are available with their full feature sets, on the public cloud or in its Cloud at Customer offering.

As mentioned in a previous post, VANTA Network is working directly with Oracle ISV/OEM business unit. VANTA’s services will also be directly promoted and offered through Oracle’s Cloud Marketplace. This means that Oracle’s existing international enterprise customers will have access to VANTA’s UCaaS service and voice/video API.

“These new cloud services are the latest in a series of steps from Oracle to incorporate industry-first autonomous capabilities that will enable customers to significantly reduce operational costs, increase productivity, and decrease risk.” — Oracle Executive Vice-President Amit Zavery

Enterprise customers in the Oracle Cloud Marketplace can take advantage of free access to APIs to accelerate the use of their services as VANTA will offer a 30 to 60-day free trial promotion period.

Enterprises who are new to blockchain may find the volatile nature of cryptocurrencies daunting. In this case, VNT price volatility is controlled by the difficulty of the job, called “Net.” The aim of VANTA’s staking model and the “Net” is to maintain a stable VNT price. More details on VANTA’s crypto economics can be found in our whitepaper.

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