The world of telecommunications is evolving rapidly, the number of intelligent devices that need to be connected to the Internet is increasing. Devices with greater processing capabilities have made possible the creation of websites with more enriched content, thanks to this the data traffic has increased in the last decade considerably, if we compare the websites of a decade ago with those of today we will notice that more data needs to be downloaded to open current pages this along with the trend of being constantly communicated through social networking applications with availability of text, voice and video communication makes the data traffic is increasing. We can compare the Internet with a highway, where each user travels through a channel with a road width layout to reach the desired site, in this case the information needs a bandwidth to reach the devices, the speed of data upload and download is proportional to the bandwidth, so that Internet providers have based their rates on the amount of bandwidth the customer wants, this is not a problem when we are in the local area, but if we change areas we may find that we no longer have coverage from our local provider, we need to be connected to be able to use the applications that keep us in touch with our family members, so in most cases not finding a free wifi network we end up paying large amounts of money for a roaming or roaming service.
BandZ is a new platform to revolutionize the way users use bandwidth, which gives local users the ability to sell their bandwidth to travelers who will be able to connect to their Internet applications at a more affordable price, this will also generate additional revenue for the user who is providing the service through the BNZ token. Not only is it a decentralized option to connect to the Internet, it also allows connection to VPN networks allowing you to access your company's data securely anywhere in the world.
BandZ?
BandZ is a spin on the word bandwidth; bandwidth is the capacity of data transfer of information electronically on an interlinked communications system. BandZ Network is an Innovative and global extranet thatwhich underpins the supply of its services, i,e, which includes exchanging bandwidth peer-to-peer, withvia its bandwidth-currency (BandZ) as the medium of exchange.
Incorporated in Estonia but dreamt and developed by a best-in-class team made of Blockchain Artisans, Academic Researchers, Software Engineers and Businessmen from Canada, Ukraine, Israel, China and South Korea, BandZ Network will help millions of users to reach a literacy-based control when it comes to their own commodity: their bandwidth.
The BandZ tokens will give users free reign over exchanging bandwidth and services such as VPN.
Extranets are intranets that allow access to authorized sets of external users as determined by the members of that intranet, without granting full access to the intranet itself.
Their major use in the business world is to facilitate cooperation between different companies on joint projects, initiatives and information sharing. They also allow companies to connect with customers in a more controlled setting than the Internet. Extranets also allow multiple companies to access network services provided by another company, such as a data-processing application developed and maintained by one company that other companies utilize on their own intranets.
Bandwidth and IP addresses exist within your software and hardware! They can be rigorously metered and optimally utilized without falling prey to the abuse of tangibility manipulations.
This is why the blockchain is that non-central but integral piece of BandZ Network – producing a new “mesh” extranet that users can trust more completely than its alternatives.
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.
Highly standardized, vendor neutral mesh network topologies do not yet exist. It is BandZ’ vision to create such a set of standards that would empower smart devices to peer and exchange data. In doing so, the Internet of Things can get off the ground and begin delivering value to the world as it has promised.
A Virtual Private Network (VPN), with the use of encryption, provides secure access to a remote computer over the internet.
VPNs therefore create virtual intranets (private networks) among computers which can be distanced far away from each other. VPNs create intranet-internet connections between their peers.
VPNs were originally designed to allow remote users and branches of organizations the ability to access their company’s resources. With passwords and other authentication methods, including tokens, safety is ensured through P2P pathways called tunnels.
A big hurdle with VPN services is that they require payment and registration. For the modern-day privacy concerned user, this means revealing their identity to the party that is charged with the task of keeping their identity safe. The right to privacy, protecting your personal identity from being revealed to the websites you use as well as potential malware, is a right that every internet user should be able to enjoy.
With BandZ, users can truly control their data, since a decentralized VPN will be self auditing in nature without any third party companies who are interested in selling your personal data.
The private token sale is starting on June 22nd
This is work personally done for the summition of the link of the contest held by @originalworks.
@BrandZ2018.