INTRODUCTION

Internet, no doubt, ushered in an era of dissemination of information at a faster pace and that too through unrestricted participation for all. There was no single entity claiming to own the internet and everyone was allowed to equally partake in it. In fact, the internet was so open that some countries did ban certain sections of the net. Barring the unpleasant, the fact was and is that the internet is quite liberating and open. And here we have a company that will give us unlimited access to the internet wherever and whenever you are and doesn't limit you to anything less than what you desire... There's no other network than the BandZ Network.

WHAT IS BandZ NETWORK

BandZ is derived from the word "bandwidth".
BandZ is a global extranet project. The aim is to make enterprise-grade software products accessible and cheap to novice users in a decentralized and secure fashion. These products include: VPNs, mesh networking, remote proxies, bandwidth sharing/exchange, and more.

BandZ makes your traffic yours. And In the future Bandz aims to expand out into creating smart contract based networks via combination of satellites, wifi towers and mesh mobile wifi access points; your octets will flow unencumbered.

THE WORLD OF PROBLEM

The increase in multimedia devices around the world is causing demand for high and better utilization of all available digital resources. The current ISP industry is not suited to service this market adequately in the short term.

Much of its infrastructure has to be reworked which will be timely and expensive. Moreover, there is no equity in the world when it comes to digital literacy and to digital access in particular. The Geo and social divide is getting day after day deeper and harder to repair.

THE SOLUTION MAKER BandZ

The Bandz vision is to create an ultrafast, ubiquitos, “distributedly-managed” global extranet powered by Blockchain. All of the individual peers will be their own intranets and provide each other with enterprise grade VPN security and robust internet connectivity. They will pay each other with BandZ token so that the system pays everyone within it as the members use it.

BandZ αlso improves on many of the pitfalls found with the current user’s internet experience:

The high price of domestic internet services can be reduced by decentralization
The high price of roaming mobile services can be reduced by decentralization
The high price of premium security services can be reduced by decentralization
The technical barriers of using security services can be eliminated
Internet can be made accessible to mobile devices in countries with low infrastructure.

BandZ Network Initialize

    The future of connectivity is the latest proposition of the next peer to peer powerhouse and they call themselves BandZ network. The branding is easy to recall as we face our day to day lives with bandwidth limits which is suppose to be a common place spiel in this millennial age where netizens are hungry for information. 

Join me as we take a tour of their cerebral approach to connectivity.

Intranet VS Extranet

•

Yeah, Some of us might what to ask what is the Intranet? ..An intranet is a private network created for restricting access to members outside the organization which set it up. Intranets are communication networks, sometimes used as portals to find internal and external resources.

The intranet network is designed to facilitate collaboration and make it easier to communicate and share documents in real time

• These tools include, but are not limited to: collaborative technologies (teleconference hosting), corporate directories (file storage), sales and customer management tools (customer relationship manager), any other software used to increase the productivity of the organization.

• Intranets and extranets both play an important role in allowing companies to control who has access to their internal data, as well as what data is publicly available.Via firewall servers, these organizations can screen the content traveling within and out of their private networks in order to maintain their security standards.

• An example of something that is shared via an intranet could be accounting records. When tax season comes along, the company could choose to share this sensitive data with an accounting firm, shifting it into the extranet.

• An extranet is like an intranet, but also provides controlled access to authorized customers, vendors, partners, or others outside the company. The extranet can be used to meet a variety of different needs. Large volumes of data can be exchanged between parties via extranets.

BENEFITS OF A DECENTRALIZED INTERNET

The Benefits of Decentralization

When technology is centralized, it typically means that it is controlled and run by a single company, government, or individual. Decentralized technology on the other hand, is run by a network of participants that no one actor can control or shut down. Here are some benefits of decentralization:

1. Users don’t have to put trust in a central authority : We trust companies and governments with our information and money all the time, and it is completely ok to make these decisions on a case by case basis. But we see plenty of examples where this trust lets us down to varying degrees, ranging from the product that you trusted to backup all your photos getting shut down when the startup gets bought or goes out of business, to the social media company selling your data to advertisers who follow you around the internet. In a well designed decentralized network, you should be able to reduce or eliminate the trust that you’re required to put into third parties.

2. There is less censorship : It is becoming increasingly common that governments shut down their citizens’ access to social media, as they attempt to censor reports of what is going on internally. It is easy for them to shut down access to Twitter, as all they have to do is stop traffic going to Twitter’s central servers. But it is far more difficult for them to censor traffic on a peer to peer network, in which every single outbound packet being sent could be communicating with another peer on the decentralized network, who can then forward that message along.

1. Decentralized networks are more likely to be open development platforms: This means that anyone can build amazing tools, products, and services on top of decentralized networks. Contrast this with centralized technology which is more often closed off with intentionally limited development opportunities. Open and decentralized doesn’t mean that companies can’t make money. In fact, it means the opposite, as the more great products and tools that are built, the larger the network effects are locking users into the network, and therefore the more opportunities to build great businesses on top.

2. There is potential for network ownership alignment: This is the idea that the people who contribute value to a decentralized network receive ownership or economic stake in the network, that becomes more valuable as the network grows. This is one of the most exciting things that blockchain technology brings to decentralized networks, as it allows economics to be designed into the networks themselves, to create the right incentives for early participants to become powerhouse evangelists and value-contributing users.

3. Decentralized networks can be more meritocratic: The best product, service, or content should be more likely to be recognized and rewarded over time when everyone is playing by the same, transparent rules. If traffic, attention, and economics are distributed instead behind a closed, centralized algorithm, it’s possible that the system is less meritocratic.

4. Other advantages : When looking at these tradeoffs, it’s easy to say that of course a decentralized ride sharing network, for example, could never compete with Uber. There are a lot of business reasons to agree with this statement. But I’d also point out the counter that there are a lot of reasons why a closed off centralized internet network, like early AOL or Prodigy, stood no chance of competing with the decentralized world wide web that emerged as a result of many of the above advantages of decentralization

The Financial Structure Of BandZ

1. FIXED SUPPLY & PRICE INCREASE OF BandZ TOKENS:

The BandZ Network, will have a fixed supply of tokens, which will be released in stages after the ICO.

This will apply deflationary pressures to the value of the currency as the network grows, implying that the quantity of bandwidth it should be able to access will increase over time making the price of the token go up.

1. INCREASED OUTPUT & DECREASED PRICE OF BANDWIDTH (ANTI MONOPOLISTIC) :

By allowing individual consumers to sell their bandwidth internationally at marginally optimal prices,

the effects of monopolization are reversed in the ISP market (The effects being lower bandwidth output at higher prices).

By turning everyone into their own intranet, BandZ creates economies of scale by lowering the average cost of fixed overhead among individuals and small business operating personal devices and data centers over the internet.

Therefore, The marginal cost of leftover bandwidth is also decreased as any bandwidth which would be consumed by an individuals data plan would be easily sold to other individuals or groups who fulfill the assumption of increased demand.

FUND RAISING AGENDA

**MESH NETWORKS **

Internet was exposed as something weak as opposed to telegraphy. As it turns out only one underwater cable was servicing the Philippines and it runs from the island of Taiwan. So much for redundancy in doing business, the true weakness of the Internet was exposed in just a matter of seconds after the earthquake and the media back then was all over it. The one and only cable was severed after the incident and there is no one to blame but us. Panic ensues and the phones kept ringing from infuriated customers who needed the service unmolested and resumed as they really need to make use of it. The supposed mesh network has a central point of failure. It is not a veritable mesh network in the first place.

Mesh Networks : 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.

Consumers are always assumed to be honest because the consumer must first pay the provider, a dishonest consumer has no effect on the network.

To ensure the integrity of the network and keep providers honest, micropayments are implemented where the providers prepays the consumer for every 1mb of bandwidth they will forward.

USER CASE SCENARIO

**CASE 1 : **

Retro Tech. is an ISP, partners with BandZ and share their bandwith with users in BandZ, earning BNZ token in the process.

**CASE 2 : **

Retro is an Online web designer trainer who travels for an international web design convention with his students , during the masterclass,a student of his, shares his local data bandwidth with everyone using BandZ Mesh Network, allowing for fast and non hierarchical connectivity for everyone, having curbed needless roaming charges.

**CASE 3 : **

Ozurumba works in a cyber data security center and hears about BandZ End-To-End Encryption and P2P File Transfer system, he now uses BandZ to share data with his subscribers, and he enjoys secure file transfer protocols while earning BandZ token in the process.

**CASE 4: **

Seriously speaking, i have been having internet connectivity challenges, if i had access to BandZ software, i would have connected to the internet using a Mesh Network from my roommates laptop and my brother's tablet, this would grant me access to faster internet connection and my relatives would earn some BandZ tokens

3 MAIN NODES OF BANDZ MODEL

1. Providers:
   The Provider node is used to launch the BandZ bandwidth to the entire world, creating seamless private-enterprise bandwidths and making it accessible to everyone around the globe.

2. Gateways:
   The Gateway node provides resolution services to providers and consumers; this node is powered by incentives received by the gateway providers.

3. Consumers :
   The consumers node are for users, this entails accepting data traffic from gateways and sending it to the provider nodes which in turn widens the bandwidth reach to accommodate more data entries.

EXCHANGE OF BANDWIDTH .. THE BENEFITS

BandZ is creating a marketplace where everyone can benefit from including users (by sharing of bandwidths), (ISPs hosting the nodes and receiving tokens), gateway providers, internet companies, governments, etc
Users join the entire network and earn BandZ tokens for sharing their bandwidths to the network, allowing users to pay for their internet providers using the BandZ software.
One can share his internet service to others and earn BandZ tokens.

If I travelled to another country Belgium with my friends and we are do not have network to upload the pictures we snapped on our tour, i will on my wifi for them to upload their pictures too, I can either sell BandZ tokens or use them later to buy bandwidth when we travel abroad.

CONCLUSION

The idea of a truly decentralised internet is a very exciting one. A concept that BandZ hopes to incorporate.

By allowing individual consumers to sell their bandwidth internationally at marginally optimal prices BandZ creates economies of scale. And though each BandZ token becomes more expensive, the increase of bandwidth outpaces the increase in the token price (ideally) so that internet becomes cheaper as BandZ holders accrue wealth.

To many a decentralised internet means an opportunity for cheaper, better, and less regulated internet.

To those living in poorer, non-democratic countries a decentralised internet will bring so much more in terms or freedom, access to information and global connection

VIDEOS

IT’S MY PLEASURE TO INTRODUCE TO YOU

THE TEAM

ADVISORS

BandZ Technology

BandZ Partnerships

TOKEN DISTRIBUTION

BandZ (BNZ) tokens are at the heart of the BandZ network economy. They will be used to purchase and sell bandwidth, VPN and other services on the network!

The private token sale is starting on June 22nd.
BandZ is also holding an airdrop soon! The cap is 15,000 participants over two phases. Each person will receive approx. (120 BandZ _ worth $6) and approx. 20BandZ token ($? USD for each referral. Token distribution will be 1st week of September 2018..

ROAD MAP🚶

FOR MORE INFORMATION & RESOURCES

BandZ Website](https://bandz.network/bandz/)
BandZ WhitePaper

BandZ Telegram

BandZ Linkedin

BandZ Facebook

BandZ Twitter

BandZ Reddit

BandZ Github

BandZ YouTube

REFRENCES

decentralization

Images

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