BANZ NETWORKS; DECENTRALIZED BANDWIDTH COMMODITIZATION AND EXCHANGE

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It is currently an obvious fact that the internet and its services are getting more centralized as the days go by.
Internet centralization is simply a term that describe the monopolization of internet and its services by large corporation like Microsoft, google, Facebook and others of their likes.
NOTE: Bandwidth means the amount of information exchange on a network.
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This corporations control and monitor user’s bandwidth and some percentage of their activities; Hence leading to some problems as I enlist below

• Insecurity of users confidential data

Centralized networking may be tempered with by backdoor malicious activities and users data are vulnerable to leaks ,theft and difraudulent activities, hence the VPN method of the presently centralized bandwidth providers and Internet protocols are insecure and hence not effective for optimum satisfaction.

•Inavailability of the Internet

In areas and localities with insufficient internet facilities, centralized networking do not possess features that enable the availability of internet services at such locations, users at such location s hence are lift out on what is going on in the global network.
High bandwidth cost
Let’s take an example of this to be the high cost of roaming. Roaming services simply means Internet service at regions other than users home country and is mostly very costly especially in areas with very low Internet utility and facilities, service providers take advantage of users under such conditions and make exploits.
The problem above have led the BANDZ network team to develop an effective solution.

What is Bandz?

Bands is an effective block chain powered network platform or extranet service that allows bandwidth monetization and aims at providing and less peer connections of smart devices.
 Bandz is proposing a multistep solution to regain neutrality and privacy along with binding a bandwidth market place.
Bandwith provided on bands us given value using the block chain technology ana is represented on the block chain with Bandz network token (BNZ Tokens).This allows peer to peer forwarding of traffic and Information limit, we can put it simply as bandwidth commoditization.
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How does Bandz intend to change the internet access. Industry, what are benefits of a decentralized network, mesh network and its advantages.

  • The internet access industry is going to change in the following ways
    • Bandz provides end to end encryptions on information exchange on network, hence optimum security is a promise to the users. Ancient method of VPN( virtual Private Networks) are prone to intermediary attacks on users data, also third party security carelessness could also lead to such data leaks. Some Bands is decentralised users are responsible for keeping confidential data safe.
    Bandz use a current VPN application of proxy rotation. Its addresses are constantly and randomly selected for each use by a user, hence there is no gap for intermediary information leakage or theft.
    • when a user travels to another location or country, Bandz ensures that charges of Bandwith cost are constant and universal at very low rates hence you don’t have to spend extra money on roaming . It is a known fact that roaming. It is a known fact that roaming is very expensive.
    Let’s talk about a feature of the BANDZ platform that will lead us to the final advantage of the platform.

What is mesh network and its Advantage

Firstly, we know a mesh is an interconnection of ropes , lines or thereby forming a coverage over an area, In this case a mesh network is a mesh-like effects of interconnected BANDZ nodes over a large distance.
The benefit of mesh network is very simple; If a country like the republic of Congo is short of internet facilities but falls under a mesh of BANDZ user, a nodal connection as fast and efficient as others can be established the user , hence BANDZ provides, locations with inadequate network facilities with fast, efficient internet services and customizable bandwidth is depending on how much BNZ token the use has.

meet the team that has brought about this innovation

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For more information

Bandz linkedin
Bandz Telegram
Bandz whitepaper
Bandz website
to join the contest follow this linkhttps://steemit.com/crypto/@originalworks/470-steem-60-bonuses-sponsored-writing-contest-bandz
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