BandZ: A Decentralized Internet

in #crypto6 years ago

Introduction

All thanks to the internet that enabled the blockchain technology which is the second revolution the internet witnessed after the web. The use of internet laid a foundation for blockchain technology and now for the first time, the blockchain technology would make internet access available to many across the globe.

Considering the increasing number of internet users around the world, internet has become an essential need of individuals, groups, community and societies as many cannot do without it again. The quest for information, entertainment, education and other important human needs has necessitated the use of internet.

Average users of internet uses it for the purpose of social media interaction to connect friends and family, while the internet itself has become the office of many as their source of livelihood now depends to a large extent the internet.
In this era of Internet of information, there are many resourceful things that one could get on the web, ranging from educational materials for students, practical knowledge for artisan and the would be professionals in many disciplines and has at the same time become the hub of entertainment.

Long ago, the Internet Service Providers (ISP) from different countries especially that of Netherland was widely used in Nigeria and they rake money not a little from the country. The annoying aspect is that they change direction often offering an internet service that can easily disrupted by a little change in weather. After several years of the exploits of the country, the mobile telecommunication like MTN, Glo then introduces internet services.

Despite the important of the internet in this time, access to internet is one of the bad stories to tell. Many countries especially African countries make use of the mobile telecommunication internet facilities for which people are charged unnecessarily and even when it is called monthly subscribtion, one can end up subscribing three to four times before the end of the month thereby becoming a great challenge to many users.
The worst part of this is that sometimes, the network may not be available especially when one have something important to the do online. So we end up paying expensively for epileptic services they offer.

To solve this problem which is not limited to Nigeria but to many developing nations of the world, I am introducing everyone reading this to BandZ


What is BandZ?

BandZ is a word coined from Bandwidths and they have come up with a project that will help extend extranet to the world this would be done by making cheap and accessible software products available to all internet users in a decentralized and secure way e.g VPNs, mesh networking, remote proxies, bandwidth sharing or exchange among others.

Since blockchain has become the frontier of technology, BandZ hereby introduces a decentralized redistributive bandwidth access which would enable users to share internet services on the blockchain technology with the use of crypto.

The BandZ is not just to decentralize the internet but to make it available in a redistributive form. Everyone can now access internet on the go, anywhere you find yourself with your BandZ account nothing has changed.

Most often, when one travels, one have issues with internet connection and may be unable to access the net but things are going to be different now with Bandz. No more challenges with international data roaming when one is outside his/her coverage area with BandZ.

This will enhance internet users experience by through reduction in prices of domestic service providers, removing technical barriers of using security services and making internet available to mobile devices with low infrastructures in many countries.

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Source: @Originalworks Contest Post


The Benefits

Users have their internet on the go which can be enjoined anywhere in the world. They dont have to worry about making a journey outside their home anymore. More to this, is the BandZ token to be earned by distributing or sharing your BandZ internet with people. For every time BandZ is shared, a token is given which is redeemable even outside your home country. The token can be converted to subscribe for new network plan or can be exchanged in such a way the user can cash it out.

BandZ will provide an internet access that will compete with the local network providers and International Service Providers, in so doing, those service providers would be forced to bring low the prices of their data offer. This will bring justice and freedom to internet users. A project we cant wait anymore to see in manifestation.

Another great advantage is that BandZ will make internet accessible to phones or mobile devices with low facilities. Therefore, people dont really need to change their devices because they need a good experience of the internet network. Also, changes in weather of sometimes power failure leading to network failure as it is being experienced in my country will soon be a thing of the past only by tapping into the great opportunity BandZ is providing.


How will Bandz Achieve this?

Starting from the 22nd of this June, the world is going to witness a transformation in the internet access through the purchase and sell of bandwidth, VPN and other services on the network.
For this, a private token known as BNZ is bring created and the sale will go commercial starting from June 22. This token will be at the heart of the BandZ network economy which will be used to buy and sell the services to be provided by BandZ.

This is my entry for @Originalworks Contest

To know more about BandZ Visit
BandZ Website
White Paper
Facebook


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