Privatix (PRIX) - First Internet Broadband Marketplace Powered by P2P VPN Network on Blockchain

lovelyloon (52)in #cryptocurrency • 7 years ago

Privatix is a decentralized, fully autonomous network on blockchain with the first Internet bandwidth marketplace powered by own crypto-economy. It is an established and profitable company that was founded by a group of experienced IT entrepreneurs and talented developers who are passionate about the freedom of the Internet, online security, and the rights of individuals and businesses to privacy protection.

Goal

Privatix aims to show a possibility to create new kinds of products and services based on the Network capabilities which have the potential to transform a number of markets like VPN, CDN, cyber security and encryption or may even change the landscape of application monetization market.

Business Model

The main assets in the Privatix Network are "exit nodes owners" (Agents). These Agents host on their internet-connected devices special lightweight software which enables them to sell their internet bandwidth. All financial relationships between Agents and Clients will be in PRIX crypto-currency only. Every token exchange linked to payment for internet broadband will be subject to a fee that will be accumulated by Privatix for maintenance and future development. The fee will be in the range up to 1% of the transaction amount. All operations except payments for internet bandwidth, like token trades on exchanges, will be free from any fees.

Privatix Network

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Proof of Concept (PoC) products

Privatix will create a number of revolutionary PoC products, based on the Privatix Network, in order to demonstrate to entrepreneurs and developers how they can use this new platform in a number of innovative ways. The first product that Privatix will focus on will be a decentralized unblockable VPN on blockchain that will address the challenges facing cybersecurity and Internet censorship in the digital sphere forever.