BandZ Network, a smart solution

in #blockchain6 years ago (edited)

BandZ is a turn on the word transmission capacity; data transfer capacity is the limit of information exchange of data electronically on an interlinked interchanges framework. BandZ Network is an Innovative and worldwide extranet thatwhich supports the supply of its administrations, i,e, which incorporates trading data transmission shared, withvia its transfer speed cash (BandZ) as the medium of trade. We've made a devoted token-based economicys in whichwhere the networkBandZ Tokens will enable clients to exchange data transfer capacity openly.

Fused in Estonia however imagined and created by a best-in-class group made of Blockchain Artisans, Academic Researchers, Software Engineers and Businessmen from Canada, Ukraine, Israel, China and South Korea, BandZ Network will help a great many clients to achieve an education based control with regards to their own particular product: their transmission capacity.

What is BandZ

BandZ is the token we've made and, it will be utilized to subsidize offering the BandZ Network completely for sale to the public from its model stage. Once propelled the BandZ Network Community will have the capacity to offer their excesswaste transfer speed buys, to other network individuals who require them. BandZ isbeing connected to the cost of a Gigabyte, yet at short of what one tenth10 the normal pricetimes not as much as its accessible from ourwhat we pay withthe Telcos current contracts!

Inside the BandZ Network Community Tokens will be painstakingly discharged with a calendar characteristically connected to the exchanged limit of data transfer capacity on its lattice to guarantee a strong maintainable development of BandZ over the globe. A large portion of the BandZs will be taken off finished a multi year time span, and can be exchanged uninhibitedly.

BandZs are not minable cryptos but rather are connected to the interest for their utility; transfer speed at a tenth of the conventional cost!

BandZs are not for hypothesis, but rather are the corpuscles streaming together with the data plasma of the electronic veins and conduits of The Global Bandwidth Extranet Exchange, BandZ Network!

Benefits of bandz

There are great synergies within BandZ Network extranet technical architecture. By using bandwidth as the medium of exchange and a blockchain to secure the connections and transactions resultant from these exchanges, many new benefits have evolved:

  • Digital resources literally become currency and assets: your bandwidth and IP address
  • Access is itself a means of payment: by being peered to another network member you are transferring or receiving bandwidth
    VPN functionality is built into the user experience: the price of the service is incredibly cheap and there is no need to register or learn the intricacies of the technology
  • Mesh-networks destroy the concept of geographic limitations: in an environment of peers who all run the BandZ Network APP. This is special – all the peers will create internet access for each other even in locations with little-to-zero landline infrastructure.

Conclusion

On a final note, one of the hallmark blockchain problems prevalent since the beginning of Bitcoin has been that, even though the consensus and transaction validity of blockchains are amazing, many of the physical assets and commodities which blockchains will be used to represent do not actually live within the machines and computations that define them. Hardware cracks, such as lies and coercion, still compromise physical assets and commodities.

Bandwidth and IP addresses exist within your software and hardware! They can be rigorously metered and optimally utilized without falling prey to the abuse of tangibility manipulations.

This is why the blockchain is that non-central but integral piece of BandZ Network – producing a new “mesh” extranet that users can trust more completely than its alternatives.

Some use cases of Bandz.

I live in Africa (Ghana ) where we pay outrageous internet subscriptions. The internet service is very slow, very expensive and the bandwidth is very small. I have no option for now. I must take what I have or remain offline. With Bandz, I will have a rare opportunity of making use of fast, unique and affordable internet service in Nigeria here. With our inadequate infrastructure, I can’t wait to have a great service like Bandz to use a true internet service with fair charges.

My parents have retired and now live in our remote village where there is no internet coverage. I bought them a smartphone so we can communicate. But with no internet coverage in the village, we can only make and receive calls when they climb a particular hill. With Bandz, I could share my connection token with them so that they can enjoy Facebook, whatsapp and other internet services even though there is no internet facility in their area.

Check this video for intro about bandz

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