The Whitepaper

Thousands of blockchain projects have sprung up in 2017 and still counting. Most often, these ventures were created founded on a mission to help the society.

Along with the platforms are ‘whitepapers’ wherein they contain the current unsolved problems of economic stakeholders by existing systems and the solutions to these difficulties.

The striving concern with the papers may come in very technical and perceived as exclusive terminologies.

They have released their whitepaper to the public and have provided a definition of their project as follows:

DATAVLT allows users to run operations in the network by requesting resources on run time. Mr. Merchandise Seller would like to make sales report analysis, once the business data have been entered into the network and through artificial intelligence with machine learning capabilities, it will be evaluated then give the necessary output to the business owner immediately depending on the type or size of data.

On-demand self-service permits pay-per-use which means, SMEs do not have to procure costly IT infrastructures. Businessmen will just have to access DATAVLT’s services online and have greater ease of control. This feature saves small ventures at risk of increased fix costs and the need for additional manpower.

This type of analytics also countenances amplified scalability. It is much flexible and the system can be upgraded without disrupting the whole network or the operations of individual users. It will save up time, upturn productivity, and prevent lost sales.

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