BANDZ: bandwidth commodization now possible
Right from the beginning of life, there has always been the need for communication and information, this need lead to language. After the existence of man and his exponential increase in population, the need for communication and information sharing over large distances arose, then came the digital networks and internet. Before the inception of internet, information sharing was a matter of individual to individual, person to person, group to group, but today's internet is so different, we have big corporations like google, Microsoft etc. determining what we get, how long we get it and sometimes where we get it.
The amount of internet we use is called bandwith, and this shouldn't be controlled and determined by a central organization, as a matter of fact Internet bandwith should be shared and commoditized, this has lead to the existence of BANDZ network.
What is BANDZ?
This is a blockchain platform that aims on making networking bandwith a commodity (can be traded), but it isn't controlled by a center corporation. It is a direct user to user Bandwith trade platform where individuals involved pay each other to forward network traffic, hence the common method of monopolistic network protocol is revolutionized to an open trade ecosystem.
Before I go further, let’s remind ourselves of what a decentralized internet looks like and it’s benefits.
Here is my video on the problems of centralized network
A decentralized internet is a platform that allows user to user communications and information transfer without the interference of a middleman. The primary benefit of this kind of internet is that the cost of centred corporations controlling the network is aborted, as well as the problems accompanying the middleman which may include policies that tend to profit their pockets the most.
Another very important benefit of a decentralized platform like bandz is in the aspect of security. For example data encryption: While requiring an encryption service from a centralized network using VPN, you provide this 3rd parties with valuable and secret information about you, which in some cases due to security carelessness may be hacked or sold, but on a platform like BANDZ data encryption is user audited as there is no need for a third party, hence keeping data safe is the sole responsibility of the user, hence we assure the safety of our own data. Due to problems arising old VPN methods, BANDZ network use an application of VPN called proxy servers which allows users to access different IP addresses in locations where this internet protocols are attributed to, by rotating groups of this IPs, individual contents, identity and traffic are barrired and become almost impossible to analyze statistically . Hence decentralising VPNs by BANDZ ensures that backdoor leaks of confidential information is prevented on the BANDZ network.
Let’s now see how BANDZ will change internet access
In the centralized network bandwith (a measure of the amount of internet used) is determined by corporations, hence they control and determine how much internet you can use at very costly rates, but with BANDZ,
Decentralized bandwidth sharing means that each user can act as his/her own ISP. You and your ISP can sell/buy bandwidth with BANDZ to companies or other individuals. By utilizing your mobile devices, you can create large areas of connectivity to improve your ISPs service reach and share in its profits.
Hence, internet access will be evolved to accommodate faster and wider transactions, selling and buying bandwidths will be done over larger distances at cheaper local rates
Let’s niw talk about the BANDZ customers and who can monetize bandwidths
Every user is allowed to monetize bandwidth by activating BANDZ nodes on smart devices you are then eligible to monetize bandwidth: there will be there types of users or customers on the network:
• Business to Business (B2B)
• Business to customers (B2C)
• Customer to customer (Every user can share and utilize data)
BNZ tokens cab be mined using BANDZ nodes.
Mesh Networks and it advantage on locations with inadequate internet facilities
The BANDZ platform aims at providing the world with a wide range of internet with great speed and efficiency
. As the name implies “mesh networks” can be described as a mesh-like resultant effect over an area when various smart devices are connected to the BANDZ network, they tend to create a wide area of connectivity even to locations of very little or no internet potential, remote areas under a mesh now have efficient and effective internet service from the BANDZ network.
Getting rid of roaming charges
When a user visits another country, bandwith and service charge become expensive especially places with inadequate internet facilities, the service providers of such users take advantage of the situation, charging excess roaming fees. But with BANDZ users can connect to the network at low local rates which he may even choose to buy bandwidths with tokens he already has on the platform, yet he still experiences standard network service.
Use case
case 1: Crystannson travels on a n excursion trip to Cameroon, while making a report on his research and findings he has to surf the internet for more information, but the cost of buying a SIM card is unbearable for him as a student, if he is a BABDZ user he simply connects to the mesh network if the platform, he purchases bandwidth with his tokens and he successfully completes his research work and gets good grades atlast.
Apart from mesh networks, bandwidth monetization and rotating proxies another feature that I shouldn’t fail to mention is the person to person File transfer system
It is an established fact that the most popular transfer system on today’s internet is the point to point file transfer system, yet centralized network platforms do not perform well in respect to file visibilities. BANDZ has authored an algorithm to ensure very quick p2p File transfer system, always at low cost.
All thanks to this great team
and advisors
team specification
Ico transactions
Funding aims
*** I conclude with a recommendation of this promising network, it's a platform for the now and the future***
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all images are from all BANDZ network sources and here
For more information and resources visit
BANDZ site
BANDZ telegram
BANDZ twitter
BANDZ facebook
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