Bandz: a dynamic criteria for a decentralised internet network

in #business6 years ago (edited)

The situation now/problem

The concept of enhanced and effective communication has given birth to various great innovations like phone devices and computers and internet connection.

image.png
Source: BandZ WhitePaper

In order for communication to be achieved, there must be transmission and connectivity. These transmission of digital information makes use of electro-magnetive waves or power-transmitter satellite networks and they are all based on the internet. Businesses and organisations all rely on the internet for their specific organizational goals.
I dwell in an area which makes up part of the world but I am definitely vibrant in my outreach and connectivity to other parts of the world because I have internet connection.
It helps me to receive all the news and actions going on all over the world and I do send my own experiences and events through same. However there are some limitations.

Though with the help of my local network provider, I do make purchases of some data plans and bundles (bandwidth) which has duration and speed limit.
When I exhaust it, it's either I renew it or go to my church premesis so that I can switch to a Wi-Fi connection.
This means that I can't be online for a long period because am outdoors.
Similarly, my data bundles are expensive because my network providers has been plagued with the influx of new users all requesting for a better performance hence, the incoming bandwidth is higher than the out going bandwidth causing slow and lagging issues that needs maintenance.
Now, my residential area has no Wi-Fi connection so I have to transport to the church where I won't be able to stay for long.
But there is a way out of these inconsistencies and inconveniences.

About Bandz network and it's advantages

IMG_20180617_020229_461.JPG
Source: Steemit, @georgechuks

Bandz is a general extranet platform that will make internet connection become more accessible, secure and affordable by upgrading and backing up virtual private networks (VPNs), mesh networks, remote proxies, bandwidth sharing etc.
It's App will be available to all and sundry before the end of this year 2018.
This will make it possible for everyone to easily connect and access bandwidth related services and IP addresses.
Anyone can be a Bandz provider so far as you can run Bandz nodes in your mobile device or computer. Consumers can also join a Bandz pool if they don't want to run the nodes.
All they have to do is choose the provider that is close to them and whose traffic and fees are acceptably OK.
Internet service providers (ISPs) will also benefit alot when they partner with Bandz as we shall discuss later.

Benefits of a decentralised internet

IMG_20180617_020245_026.JPG
Source: OHT 3.1, Marketing Insights Limited

This step of building Bandz on a blockchain will

Ensure that information are encrypted giving room for NO perforation nor mutilations.

enhance trust and transparency in internet operational services.

have a use of perfect validation process for data and records.

help Bandz network monitor the value of the exchanges it's customer is doing.

the options for crypto to fiat exchanges
bring value added services to users who will feel comfortable with the services they are paying for.

enhance interoperability between networks.

be profitable to providers and affordable to the users.

be minimal annual internet expenses for users and zero fee charge for roaming.

be no VPNs malware, slow connection nor backdoors.

Benefits of exchanging bandwidth

This is the best part of it all. Imagine a scenario where there is Flood and Miss Precious has to keep in touch with her affiliate marketing program but she is low on data and emergency managers promised to rectify the problem within five days.
Her mobile banking system is down because of the (flood affected) network.
But she has her phone and some Bandz token in her Bandz App wallet.
Hence, she sighed out in relief and immediately log on to her APP with the last data she had and transferred 8BNZ to Richard, her colleague who resides in the city central.
Richard got the details and immediately transferred 5gigs of bandwidth to miss Precious and she felt better for once, ever since the flood happened.

We're all aware that, the transfer of an ISPs bandwidth is embedded in the traditional network settings and it has some conditions.
If you're using Vnet for example and wants to transfer some megabytes to your cousin at school, you must have an extra balance and she must be a Vnet user.
Invariably, the Vnet network must be on and functional in her school before this request can be successful.
But with Bandz network, such transfer will be swift because it is more accessible with its App &token and speed-powered being built on a blockchain.
All you need do is open your App and send the details.

Now that Russia 2018 world soccer tournament is brewing hot, the demand for internet connection and bandwidth consumed is enormous and this puts a huge load on the ISPs and VPNs.
But with Bandz network, there will be a shared load where connectivity and performance will be superb and the Bandz token, BNZ evenly distributed from users to peers/providers and vice versa.

Getting rid of needless roaming charges

Because internet access is a geographic based activity, it becomes a great issue when a user leaves his immediate locality.
Bandz network solves the dilemma as it's a decentralised network provider whose token and services are generally acceptable and accessible.
A traveller won't need a new sim card, local network plans nor roaming charges with the features of Bandz network.

Advantages of Mesh networks

IMG_20180617_020212_089.JPG
Source: Steemit, @ambarabby

As intranet functions, so does mesh network function but this time, different nodes are involved but more globally and they all receive and relay different information to one another directly, in no particular sequence.
This makes it possible for the nodes to function andshare work load, even when some nodes becomes faulty.
It will also enhance interoperability among devices whether you're using Samsung, HP, Lenovo etc, you can all exchange tokens, bandwidth, records etc all in a safe secured manner.
This will also enable the "internet of things" to thrive.
It will also boost peer to peer telecommunication-globalisation.

Impacting locations with a lack of infrastructure

Like many other growing businesses, ISPs do not just delve into extra remote areas because it will require a lot of investment and maintenance to run with maybe a little or profit in return.
However, Bandz aims to reach out to those potential customers in such regions through its mesh protocol network.
It will also facilitate the easy access of internet between it's users globally and at low cost.
It's token the BNZ will enhance financial value, though not a security but it will ensure that users appreciate the token through their "base stock" bandwidth usage resulting to a better circulation and potentials.

Bandz have a great team and awesome roadmap. The ICO is ongoing and their bounties are on. The airdrop will soon take place.
Please make sure you are a part of it.
The potentials are great and it's goals are achievable, crystal clear and amazing.

This is an entry for Bandz contest through @originalwork with more details below
https://steemit.com/crypto/@originalworks/470-steem-60-bonuses-sponsored-writing-contest-bandz
For more information please visit

https://bandz.network/band
https://drive.google.com/open?id=13i61yVIGf_sBzVSIutg_6880YKPC
https://t.me/joinchat/G9AwWUXTuSj-c32SrIQhGA
https://www.youtube.com/channel/UCSxAXtC4bCNeLoeW88QUDSg
https://www.reddit.com/user/BandZNetwork/
https://www.facebook.com/BandZNetwork/

Bandz 2018

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