Meet "BandZ"- Decentralising & Making The Internet Ubiquitous Through Adoption Of The Blockchain Technology...

in #blockchain6 years ago (edited)

Introduction; Problems Associated With The Current Internet Service Providers(ISP)

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The advent of internet and the popularity it has gained overtime has brought a corresponding increase in multimedia devices around the globe which subsequently demands for a better utilization of all available digital resources. The ability of the internet to connect people all over the world is of its major advantages, however, that world appears significantly smaller when you realize the unavailability of or how slow the internet is in many countries other than the United States, Japan, and other world leaders.

"Many African countries like Chad, Niger, and Somalia have single-digit percentages of their respective populations with internet access, and internet speeds vary wildly from country to country."

This problem is however, not limited to the ever-rising demand for bandwidth, unexpected fluctuations in use overreliance on major corporations, patchwork fixes. All these contribute to the high price associated with the use of internet in major parts of the world.

In the business world today; a reliable internet connection is basically the lifeline to productivity and customer communications. This implies that; ISP should be capable of providing an enterprise with the connectivity it needs to support the continuity and productivity of a business, and also, they should be able to contain the ever changing business needs with an emphasis on a reliable and secure Internet connection.

However, the fact is that most companies are dissatisfied with their current ISP as they even encounter more problems than they were made to believe at the beginning of the contract. An ISP at start, can promise the world in terms of connection quality, broadband speeds, state-of-the-art service, and other services which can make the offer look attractive, but getting down to the nitty gritty, there are underlying issues in terms of infrastructures which would never be disclosed while making inquiries about their services. Basically, this means;"the current ISP industry is not suited to service this market adequately in the short term."

Moreover, Internet can be made accessible to mobile devices in countries with low infrastructure, and companies/organizations which require efficient internet connections for their activities with the innovation brought by BandZ.

BandZ And Its Significant Roles In The Internet Access Industry

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The Internet paved way for the blockchain, now the blockchain will pave way for the internet.

The word "BandZ" is gotten from "Bandwidth."

"Bandwidth is the amount of data that can be transmitted in a fixed amount of time. For digital devices, the bandwidth is usually expressed in bits per second(bps) or bytes per second. For analog devices, the bandwidth is expressed in cycles per second, or Hertz (Hz)."

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BandZ Website network is establishing a global p2p extranet with the sole aim of making internet connections censorship-resistant, secure, cheaper, and at the same time, accessible over larger distances and also in low infrastructure areas. BandZ Website, however, will adopt the use of blockchain software to make their services readily available to prospective users, thereby, decentralising the internet.

BandZ Website also, will enable peers to make these services available among themselves via the exchange of bandwidths as payment. This is known as ** BandZ Website token,** and it's a great advantage for people residing in an area with inadequate supply of infrastructure since they can easily access the internet with this service.

These features possessed by BandZ network, such as; Accessibility & Availability, Cheaper rate, decentralisation, Security, etc., will make it play a very significant role in the internet access industry. Noticeably, most of the internet service providers deny their users of these basic things, and these are what BandZ network is here to provide which will subsequently bring a turn around in the internet access industry.

Benefits Of A Decentralized Internet

A decentralized internet would have the following benefits over the current centralized Internet; These make up the BandZ Website network...

● Users don’t have to put trust in a central authority.

● There is less likely to be a single point of failure

● There is less censorship

● Decentralized networks are more likely to be open development platforms

● There is potential for network ownership alignment

● Decentralized networks can be more meritocratic.

Intranets Vs Extranets
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Intranets are private networks accessible only to the members of a particular network; for instance, members of an organization. Intranets provide a secure space for storing, accessing and developing electronic materials of such organization.

An extranet on the other hand, provides various levels of accessibility to outsiders, given that such individuals have a valid username and password, and their identity determines which parts of the extranet they can view.

Extranet however plays an important role in the business world and this is to facilitate cooperation between different companies
on joint projects, initiatives and information sharing, or any other things connecting them. This also enables companies to connect with
customers in a more organized and controlled settings unlike the Internet.

P2P File Transfer Systems
Sometimes ago, I personally experienced an unbelievably high data uploading usage. Few days after my billing started, I used close to 90 gbs of data, 80 of which was through uploading. Noticing this abnormality, I had to change the password on my wireless to make sure it wasn't an extenal user. I only had a laptop and an infinix phone, so I know it wasn't me uploading the massive amounts of data. I even turned off icloud to be on the safe side but all done in vain.

It implies that these systems are very susceptible to bad performance because while some peers are undersupplied, others have more than what they need; this imbalance is exclusively file-based. However, the adoption of a metered extranet proposed by BandZ, will allow peers to keep an eye on the bandwidth demand of specific files.

Virtual Private Networks (VPNs)
The use of VPNs are often associated with illegal and devious behaviors by the mass media since it requires individuals to reveal their identity during the process of activating the service e.g making payments via credit cards, which is not supposed to be. In fact, internet users should be entitled to the right of protecting their personal identity; which could be confidential, from being revealed to the websites they use as well as potential malware.

With BandZ Website however, users will be provided with the full right to control their data, since a decentralized VPN will be able to execute a third party's(company's) operation more efficiently,
rather than being interested in selling user's personal data.

Rotating Proxies
While VPNs provide users with an alternate IP address, rotating proxies provide users with a list of IP addresses which he can randomly switch through each time the need to accesses a site arises, and this subsequently helps to conceal the identity of such users. This also helps to decrease the tendency of getting banned by one's target website server. Proxy are very reliable...

P2P Bandwidth Marketplace
Blockchains such as Bitcoin and Ethereum are incredibly difficult to be defraud due to the fact that the foundation on which they are built is solid and therefore any transaction made is unique.

BandZ Website is making a play on the medium of exchange so that there can be availability of money to transact real, consumable goods. This can be made possible by making the goods as well as the exchange medium replaceable.

However, determination of the appropriate supply for bandwidth amongst network peers and the ability to set the appropriate price for this bandwidth will be made possible by a bandwidth auction process which adopt the use of a helper algorithm.

Mesh Networks
Mesh nets are groups of smart devices which connect to each other’s WiFi in other to improve internet ranges and accessibility. Many ISPs find it unprofitable to provide infrastructures to remote areas probably due to the cost of maintenance and this may lead to an unbearable congestions in such areas provided that there is an increasing number of internet users there.

However, with mesh-net there will be a considerable or significant decrease in the level of congestion of the smart value-added, wireless services. BandZ Website will create nodes for internet devices of all sorts to connect

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directly, dynamically and non-hierarchically and cooperate with one another to route data from or to clients allowing every node to take part in the relay of information.

Moreover, self-configuration enables a dynamic distribution of workloads, especially in the failure of a few nodes thereby contributing to fault-tolerance and reduced maintenance costs.

The Mesh Network is a very useful tool for both ISPs and Individuals;
It helps ISPs to extend their customer base to untapped regions such as Africa, Middle-East, part of South America, thereby extending the user's range of access. While making this possible, the Mesh Networks in conjunction with Bandwidth sharing allow the ISPs customers to step in with their excess digital commodities and resources.

However, vendors of mesh network devices are
yet to agree on this, which is a great limiting factor in terms of interoperability between devices from different vendors. On this basis, BandZ is willing to bridge the gaps through organic community adoption of its software mainly by the tokenized incentives of the blockchain architecture.

Getting Rid Of Needless Roaming Charge

Meanwhile access to internet is often restricted by geographic locality, procuring data in a foreign country rather than one's local country could be very tasking(when it comes to buying SIM card) and expensive, especially for someone that has no other option.

However, as explained in the previous section; the mesh network is an important tool to be adopted by BandZ Website. This helps to extend the user’s range of access.

Also, Bandwidth markets will create a lower fixed cost of hardware for ISPs and therefore,
such individuals can purchase data services at cheaper rate. However the price of services will decrease, but the amount of services to be consumed will flourish; an advantage for ISPs.

Use Cases

Acheever Travels: Use Case 1

Acheever has an opportunity to travel to Russia to watch the current World Cup matches live.

During his stay in Russia, he meets new set of people and makes friend with them. However he needs to take pictures of his new friends in the beautiful stadium and post them on Steemit! Unfortunately, the mobile provider wants to charge him very expensive rates for data since he finds it difficult to get the free WiFi spots.

While trying to scout for an easy way of doing this, he remembers BandZ! He connects to the network immediately and is now able to keep Steeming while buying bandwidth from the BandZ Website network at fair local prices.

Acheever's Internet: Use Case 2

Acheever lives in a remote area and people love visiting him due to the kind of person he is(story teller) , but are often discouraged by the limited internet access in his area.

Fortunately, acheever sees an opportunity and connects to the BandZ Website network and this enables him to share internet with his visitors in exchange for BandZ tokens which can either be sold or used to purchase bandwidths whenever he travels abroad.

BandZ(BNZ) Tokens

Just like physical monies are spent in a local market, BNZ tokens will be used for the purchase and sale of bandwidths, VPN and other services on the BandZ network!
BandZ will start private token sale on 22nd June.
Also airdropping very soon. Go here for airdrop details.

Meet The Team

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And The Advisors

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Summary & Conclusion

With the faster growth of ISPs, it is highly expected that there should be a corresponding increase in the amount of bandwidths that will be made available for users at a cheap price. Instead, there has been a decrease in the availability of bandwidths and this is a major problem that needs an urgent attention.

It is quite obvious that not everyone has access to the internet because some are being denied of it by not providing them with adequate infrastructures. Not only this, the high cost associated with procurement of data during roaming may also deny one access to the internet.

However, BandZ has stood by this to provide a long lasting solution through the sales of bandwidths at a very cheaper price. The mesh networks that will be utilized by BandZ will play some major role in making the internet accessible by large number of people.

Their vision is to create a robust, super-cheap extranet experience that changes enterprise-grade network infrastructure from a premium purchase to a free, downloadable app. BandZ will use the blockchain technology to develop the monetization of BandZ and this will enable the network to incentivize rapid user adoption, thereby making it ubiquitous, and also improve transparency and security.

BandZ is the way!!!

For More Information & Resources

BandZ Website
BandZ WhitePaper
BandZ Telegram
BandZ Linkedin
BandZ Facebook
BandZ Twitter
BandZ Reddit
BandZ Github
BandZ YouTube

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