VECAP - Secure your home with us 🏠

Interest in the Internet of things and the number of existing IoT devices continue to grow every day! But the security of IoT devices is significantly inferior to the pace of development of the Internet of things. According to Ericsson research, there will be over 18 billion IoT devices in the world by 2022. At the same time, according to AdaptiveMobile, about 80% of existing IoT devices do not have a sufficient level of protection. Thus, it becomes obvious that the issue of security is vital for the further development of the Internet of things technology.

Traditional IoT systems are dependent on a centralized architecture. Information is sent from the device to the cloud where the data is processed using analytics and then sent back to the IoT devices. With billions of devices set to join IoT networks in the coming years, this type of centralized system has very limited scalability, exposes billions of weak points that compromise network security and will become incredibly expensive and slow if third-parties have to constantly check and authenticate each and every micro-transaction between devices.

Smart contracts in blockchain networks will allow devices to function securely and autonomously by creating agreements that are only executed upon completion of specific requirements. It not only allows for greater automation, scalability and cheaper transfers (no third-party needed to oversee transactions) but these smart contracts can also prevent overrides by individuals that want to use the data for their own benefit. Information is shared across a decentralized, cryptographically secured network, meaning it becomes very difficult to compromise the network security.

Finally, with a centralized network, the risk of a single point of failure disabling an entire network is a very real possibility. A decentralized blockchain network mitigates this risk with millions of individual nodes that transfer data on a peer-to-peer (p2p) basis to keep the rest of the IoT network running smoothly.

VECAP a symbiosis of the latest technology that can ensure the security of all things on your internet. Vecap project is very ambitious and simple that guarantees the security of smart home networks thanks to innovative blockchain technology and smart contracts. Every action taken on this platform users will be recorded in a database that cannot be recovered and is almost immune - to solve it, hackers need to get administrator access to 51% of each device, which is very impossible because the project spreads around the world.

Vecap’s founders got a team of blockchain & smart contract experts together to find a solution. By combining these two technologies, they can secure all communications between devices in your network. If these connections are protected, so are you.

Vecap believes that in all technical fields, safety and efficiency should be the top priorities, even more so when it comes to your home and your personal information. This belief underpinned their work in guarding your privacy. That allowed them to conciliate the technological progress and online security without compromising.

The age of the smart home is just around the corner. While greed blinded the manufacturers of IoT devices, Vecap focused on ensuring the primacy of the right to privacy for everyone.

Using the software infrastructure and physical hub, Vecap ensures all communications between external devices within smart homes are safe. With smart contract transactions protecting the internal connections of your network, and all recorded information being kept on a decentralised ledger, no hackers will give you nightmares.

Blockchain technology stacks the odds in your favour, so you don’t have to pick between your privacy and progress. The hope that every user should control his or her life independent from hacking threats has guided our founders and expert team in building a reliable, faster, and more trusted platform.

Vecap wants to create the "Next generation of smart home and office". VeCap will focus on making a home and office that think ahead come to life.

VeCap will be able to protect all smart home or office devices by combining them into a single decentralized network. All transactions made between IoT devices will be recorded in the blockchain on the basis of smart-contacts. Blockchain records will be duplicated on millions of IoT devices in tens of thousands of smart homes and offices, which will make this network virtually invulnerable.

Another important problem faced by owners of smart homes is the problem of compatibility of devices with each other. BCG and McKinsey argue that in order to increase the market share of smart homes, their suppliers must develop ecosystems and platforms for compatible devices, which will eliminate the limitations of their offerings. The earliest owners of smart homes will be the first to understand the problem, who deal with the problem of compatibility of devices in their homes. Therefore, all IOT devices certified by VeCap will be automatically added to the blockchain ecosystem, which will allow them to interact with each other directly or through special VeCap modules.

**VECAP's Ecosystem

VECAP's Ecosystem will be a new market where hardware manufacturers will provide and sell their products, crowdfunding their future and communicating with customers. This ecosystem can also display the VECAP Fund to support producers' approval.

It goes without saying that Vecap project will have an important place in the use and implementation of life today. The main purpose of this project is to fully protect Internet devices and their personal data. Considering growth in this sector, you will not be a leader in this field.

The team from this project strongly believes that the security and confidentiality of human data is above all. For this reason, they have made their own features on each side of the device platform that can secure the security of all data and IoT (Internet Of Things) security.

Token and ICO Details

Vecap use its internal token to perform all of its internal operations. To do this, the developers intend to release 1 billion coins. The initial price of 1 coin will be $0.12. In total, the team of founders for the launch and further development of their platform intends to collect Hard Cap in the amount of 72 million US dollars.

Token Details

Token Symbol: VC
Token Price: $ 0.12
Token for sale 750,000,000 VC (75%)
Token supply 1,000,000,000 VC

The Distribution of Tokens

Road Map

For more information, please visit:

WEBSITE: https://vecap.io/
WHITEPAPER: https://vecap.io/uploads/2019/01/VeCap_Whitepaper.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=5093270.0;all
TELEGRAM: https://t.me/vecap
FACEBOOK: https://www.facebook.com/vecap.io
TWITTER: https://twitter.com/Vecap_io
MEDIUM: https://medium.com/vecap-next-generation-of-smart-home
REDDIT: https://www.reddit.com/user/Vecap_io

Author: JigaMola
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1847143