BANDz: The new network on the Blockchain

my entry to @mediaworks for the BANDZ Contest

INTRODUCTION:
To be able to understand what BANDz offers the world in terms of viable and reliable Internet connection , we get into some terms.A block chain offers a decentralized public ledger of all crypto currency transaction without a central record keeping.

The graphic shows the letter B which reperesnts BANDz. The background shoes an interconnecting platform which indicates that the BANDz network is a large network. The graphics also shows the original BANdz logo on the BANDz webpage

BANDz is a novel means for a secured and global EXTRANET. An extranet is basically a private network that uses internet technology and Telecommunication systems to securely share part of of a business information or operation suppliers, vendors and consumers. It differs from the internet because unlike the internet which is internally restricted, the range of communication with the extranet is for those on and off the network.

BANDz Ambitions include:
i. Scalable Agnostic Network
BANDz network will behave like an agnostic system that does not need any form of adaptation to communicate with other systems.
ii. BlockChain
Block chain and crypto currency have been going places in the internet market. and Bandz is using this as an incentive to capture more customers. Moneys will be earned by users of BANDz for being consumers or providers on the network.

What they are bringing to the internet market.
internet service providers have over the years being very monopolistic in their dealings. They give less for more price. users do not get maximum satisfaction from the quality of services they (ISP) render. with this in mind BANDz is aiming to connect end users with one another with one being the being the internet service provider.

BANDz do not follow the normal trend of allowing their tokens sit in cold storage rather they want to transfer internet services directly into currency.

Connection on the BANDz network.

1. P2P (peer to peer)
   

The graphic design was chosen since I am showing the internet router sending out a metered connection. The two computer icons represents a simple peer to peer connction
BANDz will employ a peer to peer software to connect two systems on the network. despite the wide usage of this technique, there is the case where users get either undersupplied for payments made or they get way much than is paid for. BANDz solves this by creating a metered connection this allowing users to monitor their bandwidth.

•VPN (virtual private network)
A means of sending securely data over a network. the VPN gives the user the ability to change the IP address allotted to him by the ISPs. BANDz will deliver a secured connection of changing IPs but the VPN will not be used directly.

•ROTATING PROXY

The graphic shows a router withe several IPs and the user icon represents the same user making use of the several IPs generated by the BANDz network

It is the same technology as the VPN but much sophisticated. Like the VPN , it allows for change of IP addresses but this time a list of IP addresses are given to the consumer and these IPs are randomly changed and selected and allotted to the user each time he wants to access the website. This ensures that the user cannot be tracked on the network.

•MESH
A mesh consists of so many nodes and in this case BANDz offers a dynamic, direct and non-hierarchical node technique. The dynamism of the node arises from the fact that even if a node fails, the system has the ability to self configure workload.

OPPORTUNITY:
What opportunities does BANDz present us?
Current ISPs , at the fast growing demand for bandwidth will not be able to keep up or even provide it in a short term. BANDz is offering a software (VPN,P2P)to help the ISPs adapt to a more secured system of data sharing

The internet is a market place and what is being traded are IPs and bandwidths. users who do not have access to the market as the ISPs can now say it's a thing of the past. as a consumer , BANDz allows you to Enterprise grade P2P. The ways one can connect to this fascinating network is listed below:
for a PROVIDER
i. Run a BANDz node on your device.
ii. Integrate already existing apps
for a CONSUMER
i. Run a BANDz node or enter a BANDz pool. the pool allows the user access to the network without necessarily running a node.
ii. Connection can be done via socket (socks5) or HTTP

•Network Analysis
BANDz operate a "Pay before service" policy. we cannot trust that the customer will pay after services are rendered. However , between the customer and consumer there is a compromise reached: Micro payments.
This micro payments ensures that the provider repays the consumer for every 1Mb if bandwidth they will forward. Although negotiations are still on going on the BlockChain to use but Etherum, Aeternity, Cardamom and Hyperledger are under consideration. all BANDz want is to opt for the block cabin with the most micro payments yield.

•The BANDZ tunnel
The tracking susceptibility of the VPN is the sole reason why it will not be used in the BANDz network. BANDz allows the user to connect directly to the node and BANDz forwards it to the final destination.

Economic Upsides
• Prices and supplies will be fixed
• Increased output with reduced prices.

for more enquires visit:
https://bandz.network

bandzgraphic2018