internet enabled the blockchain, now blockchain will enable the internet
Bandz
A network Established in 2017 with its headquarters in Toronto, Canada. A business focused on decentralizing the internet. A global peer to peer extranet project, which will make internet connections more secure, and cheaper. Bandz will make the internet accessible to people over a larger distances, bandz will offer novice users the ability to access high grade internet services at a low cost. Bandz will also come in a role whereby bandwidth can be exchanged as payment with its bandz token.
Bandz vision is to provide a cheap extranet experience, the architecture and power of blockchain will enable more transparency and heighten the existing security and also make internet access cheaper for all users
Bandz goals will be a global and general extranet that treats each user as their own intranet, if the his goal of bandz can be accomplished then bandz would have unlocked the financial potential of the both the blockchain and the internet.
Blockchain as we know it are extremely difficult to defraud, with one of their purposes being to provide consensus over different networks which is currently being applied to the market to make protocols of payments
Bandz is a token, the founders did not intent for it to be for value storage or for security or even to make some asset, th founders created the token to commoditize internet services, it turns data directly into currency with their primary aim to make internet access cheaper
- Peer to peer file transfer system
Peer to peer file transfer systems are very popular but these systems are vulnerable to bad, slow performances, some peer are undersupplied while others are over supplied
Bandz has proposed a metered extranet, this will allow peers to monitor the demand of bandwidth, so now undersupplied peers files alert additional peers to deliver their excess resources.
VPN market
Some of you may not know, but vpn market is worth over 1 billion dollars and that big figure or word keeps on rising. It just alerts you to the importance of vpn
VPN are often associated with illegal behaviors, but companies cannot do with one. And individually, 30% of users on the internet have accessed vpn, users of vpn tend to secure their communications and other essentials while some users use vpn to navigate the internet geographic restriction and censorship in some countries.
Proxy servers, embedded in vpns apps, this allows users to access the different numerous IP address of the countries in which those ip domain are attributed
Decentralizing vpns will make vpns censorship proof and also Backdoor proof
Mesh network
Mesh network, this are simply smart devices like phones, tablets etc that connects with the each other's wifi so internet range can be significantly improved
Some areas, a lot of areas will not be profitable enough for internet service providers to develop infrastructure towards internet of thing
The internet of thing is actually common, it is the network of physical devices that allows the connection and transfer or exchange of data.
Well internet of things with all its capabilities and features does not work without great signal ranges and low cost of data.
Bandz bandwidth limits and packet synchronization would do so much to utilize all the great features of the Internet of things.
Rotating proxies
Rotating proxies and vpns are similar in some way, while vpns keep you on an alternate IP address, rotating proxies gives you a list of IP addresses and randomly picks one each time a site is accessed. Rotation of proxies makes users not easily recognized by servers this way users are sure that none of their IP addresses are banned by website servers because it is random and all IPs are used evenly
Bandwidth market place
- Store of value
- Unit of account
- Medium of exchange
These 3 are the characteristics of money.
Bandwidth is a consumable commodity, as example bitcoin, ethereum have a value founded on their store of value where each transaction is unique and therefore difficult to defraud. Bandz is entering the medium of exchange.
Global extranet
Intranets can simply be defined as private networks that can only be accessed by members of that particular network
These are intranets that enables accessibility to allowed sets of external users.
The main use of extranets is to improve cooperation between, other uses is that they allow companies to connect with customers.
With the bandz token, all services will be monetized by the bandz token.
Bandz will bring the important and necessary software so internet service provider market can adapt to other use case.
Bandz network is a decentralized extranet, the aim of the bandz network being the transmission of the internet service provider companies from a business angle into a decentralized global view.
We are aware that ip addresses and bandwidth are a very valuable commodity, ordinary consumers like you and me do not have the resources to access this type of market.
Bandz network is to allow anyone with an internet connection on their device, the ability to provide enterprise grade software p2p
To participate in the bandz network as a provider with an internet connection a bandz node will need to be run on the device of the provider, bandz nodes can be used on windows, iOS, mac, Linus, android etc
To join as a consumer of course a bandz node will be run, or otherwise join a bandz pool.
A bandz pool will eventually be a pool with bandwidth buyers
The bandz pools will allow buyers to access without a bandz node being run. As a consumer, connection to the bandz node can be done with basic protocols lik sock5 or HTTP.
Bandz is currently running on four different blockchain solutions, the four candidates being ethereum, hyperledger, cardano acternity
Bandz does not utilize the vpn protocol or instead one needs to direct their traffic to a bandz node tunnel, so the bandz network forwards to its destination
A vpn can also be used to access the bandz network
Flexibility is one of the many different characteristics because of its numerous method of connectivity
Users can use the vpn protocol which of course is not forced on its users, users can also use the sock5 or http proxy options.
Fixed supply and price increase of bandz
The bandz network is scheduled to have a fixed supply of tokens and after the ICO, it will be released sequentially.
Increased output and decreased price of bandwidth
Bandz network allows user consumers to trade their bandwidth internationally by turning everyone into their own intranet
Bandz network is offering its potential customers to pre purchase bandz tokens through an ico that commences July 2018
Bandz token are based on the decentralized aeternity protocol, tokens are valid indefinitely.
The team at bandz is a very experienced and qualified one with
Shakil Mohammed as the CEO
Viktor Xhelilaj as the COO
Ivan Xvirid as the CTO
Dtube
https://steemit.com/dtube/@kay1/rbxsjvmb
Bandz2018
This is a contest held by @originalworks here is the link
This post has been submitted for the @OriginalWorks Sponsored Writing Contest!
You can also follow @contestbot to be notified of future contests!
Well done @kay1! You successfully guessed the match result.
Click on the badge to view your Board of Honor.
Do not miss the last post from @steemitboard!
Do you like the SteemitBoard Corld Cup Contest?
Vote for @steemitboard as a witness and get one more award!
Well done @kay1! You successfully guessed the match result.
Click on the badge to view your Board of Honor.
Do not miss the last post from @steemitboard!
Do you like the SteemitBoard Corld Cup Contest?
Vote for @steemitboard as a witness and get one more award!