Frequent travelers are common victims of data roaming charges, and Ogaga is just one of the many travelers out there that face the issue of data roaming. However, BandZ is here with a solution for that.
Before I go into BandZ completely, I would like to share a problem I feel BandZ would be helping me with.
I am a Computer Engineering student and I really love the internet, it holds everything I need related to my assignments, technological news, research, movies, games etc. I am currently working on my final year project and I have a lot of research work on my to-do list, but sadly it’s quite hard to accomplish this task. As the cost of internet services here in Nigeria (Africa) is really on the high side, and am just a student so it is really telling too much on my pocket. Most times I have to stay up until midnight just to go online and get some resources I need, since purchasing data at night from internet service providers here in Nigeria are a little bit cheaper. Will BandZ be able to help me with my problem? Let’s get to know about BandZ and how it would be of great help not just to me but to the world.
With BandZ’s end-to-end encryption, security is assured while using the BandZ network to send data.
The BandZ (BNZ) token is not your everyday regular token. It is neither intended for value storage, nor intended to be used as a security, contrast to what is typical of other tokens.
The BandZ (BNZ) token is made so as internet services can be turned into commodities. The BandZ (BNZ) token aims to make internet services cheaper and add value to the BandZ network through a high circulation of BandZ (BNZ) token from peer to peer.
There exists a lot of benefits from being able to exchange bandwith for the BandZ (BNZ) tokens. Some includes:
For the Providers:
For the providers - users who sell, it gives them an opportunity to earn extra money. I mean, who wouldn’t like to earn money from selling spare unused bandwidth??
Users in Countries with strict internet censorship:
Another benefit from bandwidth sharing is the anti-censorhsip benefit. In some countries, users can’t access some websites. However, with the ability to share bandwidth, users from countries with Internet censorship will have access to unrestricted internet through users in free countries.
Owners of websites with heavy contents:
Benefit also exist for owners of websites with heavy contents such as online games or HD movies. These owners can buy bandwidth at a cheaper rate, thus ensuring that users of their website get a wonderful experience.
How does BandZ impact locations with a lack of infrastructure:
A lot of remote areas lack internet infrastructure, such as Africa and the Middle East. Thus, users in these areas have little or no access to the internet. And the fact is that, internet users are on the rise in these remote areas.
The vision of BandZ is the creation of a robust, super-cheap (affordable) extranet experience that changes the enterprise-grade network infrastructure from the premium purchase to just a free, downloadable application.
The goal is to have a global extranet that will treat individual users ad their own intranet. Once this can be accomplished, the underdeveloped parts of the world would be able to truly unlock the great financial potential of both the internet and the blockchain.
BandZ will create an ecosystem where internet service providers can interact with other internet service providers thereby bringing about a kind of partnership so that end users of these internet providers can use the internet internationally when roaming and still be tied to their various providers, this act is enabled to make end users enjoy a comfortable, robust and a global experience.
In adopting the blockchain technology, the monetization of BandZ will allow the network to encourage rapid user adoption (interoperability), also the blockchain technology will improve transparency, security and allow BandZ to make accessing the internet cheaper and geographically agnostic for the end user.
Mesh Networks: These are groups of smart devices that connects to each other to create a larger region of wireless communication allowing the improvements of internet ranges and accessibility. Without a mesh network, the congestion of these smart value added, wireless services will be unbearable. Well with BandZ, the aim is to create nodes for internet devices of all types to connect directly, dynamically or non-hierarchically with each other to route data to/from clients. The lack of depending on one node allows every node to take part in the relay of information. One large drawback of the mesh network ecosystem is that vendors of mesh network devices are yet to agree on common standards and thus interoperability between devices from different vendors is not guaranteed. BandZ hopes to tackle this drawback through organic community adoption of BandZ’s software via the tokenized encouragements of the blockchain architecture.
As a Provider
To participate as an internet service provider, all that is needed is to run BandZ node on their device. BandZ nodes runs windows, android, mac, linux, ios and arm devices as of now.
The user may also integrate their existing app with the BandZ Software Development Kit (SDK). This development kit allows you to monetize your digital assets simply by running a BandZ node on the user’s behalf. The internet providers they earn money for every 1mb they forward. BandZ nodes are able to forward Transmission Control Protocol (TCP) traffic and User Datagram Protocol UDP.
As a Consumer
To participate as a consumer, one would need to run the BandZ node, or join a BandZ pool. The BandZ pool is believed to naturally form for bandwidth buyers, allowing buyers enter the network without running a BandZ node. Using a BandZ pool will expose the consumer’s traffic to pool operator as the end to end encryption provided by BandZ happens when traffic enters a BandZ node.
When using the BandZ node as a consumer the connection may be done via basic proxy protocols like socks5 or HTTP. Or a consumer can forward traffic directly into the BandZ node using traffic shaping rules, IP tables, kernel hooks or other crafts; this allows one to forward things like User Datagram Protocol (UDP) or Stream Control Transmission Protocol (SCTP) traffic.
Note that BandZ does not support nor does it use VPN protocol or any other distinguished protocol.
You Ever Heard Problem With Roaming?
An article was published on telegrah.co.uk where Katie Bryan was charged more than £2,000 for downloading an album which cost less than £10, it was a price that she paid for using the internet in a different location other than her country. I heard you say “what a rip off!” yes, it is. But BandZ is here to extend user’s range of access, creates global bandwidth market that will decentralize hardware, hence reduced cost for ISPs and cheap internet data services for end consumers.
With BandZ’s mesh networking service, the internet is brought right to the doorsteps of users in these remote areas that lacks internet infrastructure.
BandZ would create nodes for all sorts of internet devices to connect to. These nodes connect dynamically, directly and non-hierarchically to as many other nodes as possible. These nodes then cooperate with one another to route data from/to clients.
To bring data to remote areas that lack internet infrastructure, data would be hopped from node to node on the BandZ network until the data gets to it’s final destination. Thus users in these remote areas that lack internet infrastructure can get to enjoy and experience high end internet at a low cost.
With the tokenized incentives of the blockchain architecture, BandZ plans to bring interoperability to the different vendors of mesh network devices in the Mesh network ecosystem.
For a new startup like BandZ to have an edge in the internet market, it must offer solutions that never existed before in the ecosystem. The world craves for innovation, effective and efficient approaches to different real-life problems.
The advent of BandZ mesh networks will address the problem of network congestion collapse, imagine that incoming DSL is between 10 to 1,000mbit/sec and outgoing is maximum of 8mbit/sec. This is a whopping x1.25 to x125 difference! Network collapse is imminent. Also, customers can act in a position of ISPs in time of operation deficiency. The world is facing serious cybersecurity issue, several billions of dollars are spent to prevent it, and nevertheless, cyber-attacks would be worth $2 trillion in 2019, according to BandZ white paper.
What about individual users? Ever had problem with roaming before as a traveler? You are covered by extensive coverage of mesh network.
Lack of dependency on one node:
With the mesh network, every node participates with the routing of data. There is no one node that depends on any other node.
Ability to self-organize and self-configure:
The mesh network has the ability to self-organize and self-configure itself. This enables the dynamic distribution of workloads, in the event that some nodes fail.
Mesh networks helps to create a larger region of wireless connection, allowing improvements of internet ranges and accessibility
Mesh networks also helps in decongesting wireless services
In mesh networks every node is independently participating with the routing of data
Reliability:
The ability of the mesh network to self-organize and self-configure itself ultimately makes the mesh network fault-tolerant. This is turn means maintenance costs is reduced. Hence the mesh network is very reliable.
Benefits of a decentralized internet
A centralized internet has all its data put together in a place (server) if there’s any case of an attack, hack or server shut down it leads to loss of data and probably money assuming a bank’s server is down, millions of transaction meant to be done won’t be carried out thereby resulting in a loss. But with a decentralized internet the data loss is never an option no matter what happens as the data is not centralized on a server but spread out across different devices.
A decentrelized internet will also bring about freedom to the internet as a whole without any censorship restriction as one is an intranet (private network).
Who can benefit from being able to exchange bandwidth?
Anyone and everyone on the band network benefits, the internet service provider, and the consumers even down to the novice users. Internet service providers get to earn money for every 1mb they forward to the BandZ network. Also the consumers get enterprise-grade infrastructure at a very cheap cost. So we can say it’s a win on both sides.
How does BandZ impact locations with lack of infrastructure?
From statistics Africa and the Middle East lack internet infrasture, impacting these locations is not a problem with BandZ. This is because BandZ employs a mesh networking system where groups of smart devices are connected to each other to create a larger region of wireless communication allowing the improvements of internet ranges and accessibility. Thereby spreading forth the internet to the this locations.
How BandZ can get rid of needless data roaming:
Data roaming is a scary thing that most travelers face when they travel abroad. BandZ gets rid of needless data roaming via the following:
BandZ creates a software that allows ISPs to interact with each other and come to a partnership so that users can use the internet abroad while still being tied to their ISPs. This would get rid of data roaming. Take for instance, Jimoh’s ISP in America has a partnership with a ISP in Canada. Once Jimoh travels to Canada, he has access to the internet without the fear of data roaming, since he can use the internet in Canada and still be tied and charged by his ISP in America.
BandZ gets rid of data roaming through the ability to buy and sell bandwidth. Oki lives in Canada, and decides to go on a vacation to mexico for 3 weeks. During the course of these weeks, Oki wants to check his mail box and also wants to make posts on steemit. However he is scared of data roaming. With BandZ, Oki can just meet a local in Mexico – say Lupez. Lupez stays in Mexico and has some unused bandwidth he’d like to sell. All Oki does is to pay Lupez for the unused bandwidth and boom, Oki has access to the internet without the fear of data roaming.
This is an @originalworks sponsored contest.
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