Access to the Internet has become a basic service of society, with an ever-increasing number of benefits it provides us, proving to be an indispensable tool for many, and a means of living for many others.
The ways of accessing the Internet have evolved at the pace of the network itself, in these times portability is key, with mobile devices being an important part of it. However, when internet portability is required across borders, there are certain difficulties that may well disconnect us for many hours. Among these is; the cost of the service, although affordable for most, internet usage fees may vary widely from country to country. The incompatibility of the devices, and the bandwidth can also result in an inconvenience that would leave us incommunicado, this usually happens when arriving in a foreign country where the free internet areas are often congested, and we notice that not all the available data packages are compatible with our mobile.
BrandZ will provide an innovative solution. Using blockchain technology, BrandZ will create a global extranet, a global, decentralized and efficient Internet service that will open the door to many other implementations such as decentralized VPN service, and a scalable bandwidth that will solve common travelers' problems.
INTRODUCTION
If you would take a look on the title, you would notice that i used the phrase "future service providers". I used this phrase because I believe that a project with a vision like this, is capable of ruling the world in subsequent years to come. Their vision is just too perfect for my liking. It was really really interesting getting to know about a project like this whose main focus is to eliminate high charge rate for using the internet, I am beginning to wonder what will happen if this project will extend its services to making of international calls as well, rather than being focused on just the internet stuff.
Hopefully, I believe that their vision will help reduce the burdens faced by the end-users of the internet.
After reading the white-paper and all the sources I could lay my hands on, I was made to understand that this project is focused on providing its users with an easy-flowing network connection, no matter the environment nor barrier it may incur.
What Actually I'm I Talking About? I'm talking about BandZ network. The name BandZ was taken from the word "Bandwidth" which means
The rate of data flow in digital networks typically measured in bits per second.
Anywhere an exchange is about to take place, there is always 2 or more parties involved. But the 2 major parties are the the giver and the receiver. Talking about who can benefit from this, all the parties involved can benefit from it.
The givers, can benefit from it in the sense that the bandwidths could be exchanged in monetary terms or could be exchange for services offered by the receiver. When this happens, the BNZ tokens would gradually turn into a digital legal tender that can be used to pay for goods and services. They can also use the bandwidths for their own benefit.
The receivers comprises mostly of the end users. When i say end users, I am talking about those who frequently use the internet for business deals and transactions. Majority of those people are the youths of our days because they engage more on social activities online more than adults who obviously will be busy with either office work or other things
How about the navigating officers on the high seas, and the pilots on airplane, they stand out to benefit from this as they travel round the world and they are likely to be faced with the challenge of internet connection. But with exchange of bandwidth, they can easily connect to the internet.
Those who use large volume of data and do not wish to be out of data at any point in time are not left behind as this project aims to give them the maximum service that would help keep their business flowing continuously. So it will be of great benefit to them.
HOW CAN BANDZ GET RID OF NEEDLESS ROAMING CHARGES?
Roaming fees are very expensive for people who have no other option and buying a sim card in foreign countries is an incredibly cumbersome experience. So therefore,
Mesh Networks extend the user鈥檚 range of access
Bandwidth markets create a lower fixed cost of hardware for ISPs and therefore cheaper data services for end users
The price of services will decrease, but the amount of services consumed will flourish (benefitting ISP's as well)
@BrandZ2018
