My entry to @originalworks Bandz Sponsored Writing Contest

Why Bandz and Why Now?

Of course Bandz is derived from BANDWIDTH. Bandwidth is the amount of information that a connection to the internet can handle at a determined time. So an internet connection with a larger bandwidth can move a set amount of data, like a video file, much faster than a connection with lower bandwidth. So basically if you use the internet for more than logging in to Facebook, you probably need the largest amount of bandwidth that your budget can manage.

And here is where Bandz comes in. Due to the increase in the use of multi media by most people, the ISP industry does not have the infrastructure necessary to keep up with the demand. To be able to catch up, these providers will have to invest a lot of time and money.

Bandz vision is to create an ultra fast, ubiquitous, distributedly-managed, global extranet powered by the blockchain. Every user will be his own intra net, and will provide each other with robust VPN security and connectivity. They will pay each other with bandwidth in the Bandz Token, so that the system pays everyone as it is used by the members.

Users will be able to access the following services: VPN, rotating proxy, secured communications, mesh networks and more. It will offer users the ability to access enterprise grade internet services at low cost.

As the Bandz token will pay for these services it will not be used to store value, it wiil serve as a way for users to turn internet services into a commodity, and increase value to the network via high velocity of Bandz circulation from peer to peer.

Bandz can produce the software necessary for the ISP market tpo adapt to users demands,

P2P file transfer, which represents a large percentage of end user upload traffic will be much enhanced by Bandz as it will allow users to monitor bandwidth demand of specific files, under supplied files will alert peers to deliver their excess resources via the helper algorithm, which will alleviate the bad performance encountered these days with what is currently available.

Bandz will use a rotating proxy to attain the same advantages of VPN, which is essentially a means for secure connections between devices, allowing users to change their IP addresses, without any of the weaknesses now found in VP. Rotating proxies differ from VPN as VPN provide an alternat IP addres while rotating proxies prvide a list of IP addresse and shift them randomly every time the use accasses a site.

Bandz is going to create nodes for internet devices of all kinds to connect directly and cooperate with one another to route data from/to clients. This eliminates dependency on one node allows for every node to participate in the relay of information. These nodes will self configure enablic dynamic distribution of work loads, contributing to fault tolerance and reduced maintenance costs.

As bandwidth is a consumable commodity, Bandz aims to become the medium of exchange for this commodity.

Bandz Tokens

The Bandz Network will have a fixed supply of Tokens, which will be released in stages after the ICO. As the network grows this will apply deflationary pressure to the currency value, the quantity of bandwidth it will be able to access will increase making the price of the Token go up.

Bandz Network is offering its users the opportunity to pre purchase Bandz Token through an ICO pre-sale event starting on April 20, 2018.

Bandz Network will be registered under the laws of Canada, its head offices will be in Toronto, Ontarion. It is subject to a market best practice audit with Canadian regulations, ensuring total transparency and accountability.

Token Distribution Details:

Roadmap:

Use Cases

Bill comes to Honduras, it is not so easy to get internet or Wifi around here, especially in certain out of the way places, but Bill uses Bandz, and I am able to provide Bill with service he needs.

The Bandz Team

Some Useful Links:

Bandz Website
Bandz Whitepaper
Bandz Telegram
Bandz Linkedin
Bandz Facebook
Bandz Twitter
Bandz Reddit
Bandz GitHub
Bandz YouTube

This is my entry for the @originalworks Bandz Sponsored Writing Contest

bandz2018