What is BandZ?
BandZ is derived from the word "bandwidth".
Bandwidth is the measure of data that can be transferred within interlinked communication systems. To put simply, bandwidth is the amount of "internet" one can use.
The BandZ Network aims to decentralize the internet by creating a global extranet with the power of blockchain technology.
A Mesh net is a group of smart devices which connect to each other to create a large region of wireless communication (WiFi). This improves internet accessibility and decreases congestion speed.
Mesh networks nodes connect dynamically, directly, and non-hierarchically to all the other nodes they can find to peer with. A lack of central dependency on any single node enables each node to participate in information relay. This feature allows mesh networks to self-configure which in turns makes mesh networks fault tolerant and failure resistant. Fault tolerance decreases maintenance costs, which means a cheaper user experience on the customer's end.
Highly standardized, vendor neutral mesh network topologies do not yet exist. It is BandZ’ vision to create such a set of standards that would empower smart devices to peer and exchange data. In doing so, the Internet of Things can get off the ground and begin delivering value to the world as it has promised.
Johnny Travels: Use Case 1
Johnny needs to travel to Germany on a business trip for two weeks.
While staying in Germany, he wants to take pictures of the beautiful surroundings and post them on Steemit! His mobile provider wants to charge him very expensive rates for data, while the free Wi-Fi spots are hard to find.
Johnny remembers about BandZ! He connects to the network and is now able to keep Steeming while buying bandwidth from the BandZ network at fair local prices.
Mary's Internet: Use Case 2
Mary lives in a tourist destination. People love visiting her city, but are often caught off guard by the limited options they have for internet access.
Mary sees an opportunity and connects to the BandZ network. She is now able to share her internet with tourists in exchange for BandZ tokens. She can either sell those tokens or use them later to buy bandwidth when she herself travels abroad.
BandZ is also holding an airdrop soon!
Go here for airdrop details!
Check out the BandZ intro video:
More Information & Resources:
This is work personally done for the summition of the link of the contest held by @originalworks.