As the days unfold in the world today, likewise new technologies and innovations are brought to light, ranging from various stunning technologies and developments that domestically strives for the betterment of human existence.
BandZ is one of such prolific developments. Needless to say that it is highly welcome because the technology behind its force strikes a major aspect of daily existence in our present dispensation. (i.e 21st Century)
WHAT IS "BandZ"?? Is it Just a Company name or a Trademark.
BandZ is more than just an innovation or an invaluable virtual technology. Its etymology is coined from the word “Bandwidth”.
Basically the Oxford dictionary describes the word “Bandwidth” as,
The transmission capacity of a computer network or other telecommunication system.
Or it is a range of frequencies within a given band in particular that is used for transmitting signals.
But this is just an idealized general interpretation. An in depth and explicit connotation of the term “bandwidth” has to do with the volume or capacity of data that can be shared amongst interconnected systems in the form of internet access or even private/public interactions between businesses and individuals.
The internet in a broad sense is more like a pillar on which most technologies like blockchain are built upon, and has turned to become so sacrosanct in the lifestyle of every individual.
Hence, the BandZ Network is pivoted on a single intention, which is to “decentralize the internet by creating a global extranet with the power of blockchain technology.”
When we say decentralize the internet, it means that it individual stands out as a potential dictator on how he/she can conveniently connect to the system. How each person can have a total revolutionary model of accessing the internet or getting connected to a bandwidth.
The Global Extranet:
Generally, an extranet is known to be more of a private network that uses internet technology and public telecommunication system to securely share part of business’ information or operations with customers, suppliers, partners or other idealized clients.
The extranet is more related to the internet in that it can be seen as a “state of mind” in which the internet is perceived as way to do business with other companies or firms as well as distribute their services to the end of the chain.
Usually an extranet requires some strict measure of security or encryption by the use of VPN’s (Virtual Private Network) in order to safely exchange large volumes of private information using an Electronic Data Exchange medium (EDI). It can also be used to provide service to a group of other companies, more like online programming applications.
In like manner the BandZ organization has its own distinctive services which provides users with free dominion over exchanging bandwidth and services such as VPN mentioned earlier on.
BandZ a Major Plus to the Society.
Knowing fully well that it is a common trend across the world in various countries for individuals to pay a stipulated amount of money in order to be permitted or cleared to be connected to the internet for a measured value. This has crippled the dreams and hopes of some potential visionaries and entrepreneurs in countries and societies with low income earners who are incapable of always subscribing to such high charges most times, especially for most countries in the African region, which is a largely developing content with a vast network.
As such BandZ comes in as a measure of good compromise which enables individuals to be in control of how they attain their bandwidths, unlike internet packages with an allocated fixed allowance.
It poses as a flexible medium within and without the confines of ones country of residence or locality, by allowing its users to share and exchange bandwidths amongst themselves regardless of their respective geographical locations.
Case Study;-
If you were to travel to the on
going fun-filled, soul-stirring
and breathtaking football tournament
organized in Russia [FIFA-WORLD-CUP-2018].
And of course the need to encounter
the spirit of the event might require
you to take photographs of major events
and personal encounters that is worth
sharing on social media platforms like
facebook, twitter, instagram and the likes.
Assuming your native country’s base
currency has an unfavourably high exchange
rate compared to that of the Russians, this
totally limits you from being able to
subscribe to online data subscription in
the absence of available Wi-fi networks.
And trust me my friend, imagine yourself
spending the whole of the World Cup
experience completely internet disabled
just for that singular reason. How trajic!
But then BandZ steps in the midst of your Pharaoh and The Red Sea by providing the opportunity for you to connect to a network, purchase or sell bandwidths at your own convenience, hence, getting you connected to the internet on a grandeur of self satisfaction.
Impact of BandZ Network on Our Daily Activities.
BandZ utilizes a group of smart devices which connects each user to each other at various locations across the globe, to create a vast decentralized wireless communication across large regions by a means of “Meshed Networks ”.
Meshed Networks ;
The principal mode of operation or feasibility of this system is based on its configuration in form of Network Nodes which allows it to “connect dynamically, directly and non-hierarchically to all other nodes they can find to peer with.”
This feature allows it to attain the following distinctive advantages such as;-
- A self configuration system which in turn makes mesh networks fault tolerant and failure resistant.
This is due to the fact that based on the already set platform of a decentralized system, thereby partially distributing ownership to individual bandwidth holders.
Hence, with the introduction of Mesh Network, it enables the reduction of some coordinational costs, thereby pushing up its efficiency.
The Mesh Network by means of a self-configured system, triggers a transition in the landscape of work and businesses, and most importantly a social change too.
“With a lack of central dependency on any single node, this enables each node to participate in information relay.”
- To create a set of highly standardized vendor neutral mesh network, that would drive devices to peer and exchange data.
This in turn allows the internet to be open, real time and peer to peer information exchange platform on a global scale.
The Straw “S ” in BandZ SWOT analysis that Breaks the Camels back of Organisations with Needless Roaming Charges.
The BandZ network has been perfectly designed in such a way that any of its members can exchange bandwidth with another.
BandZ has its special (BNZ Tokens) which is more like the pupil in the eye of the BandZ Network economy. Whenever any person who is connected to the BandZ network relocates to a new environment, most likely to another country, These tokens can be used to purchase and sell bandwidths, VPN and other services on the network, hence eliminating the cost of purchasing an internet access plan from the service providers around that vicinity.
It also plays a major role by cutting the cost of registering and paying for VPN services, therefore
With BandZ, users can truly control their data, since a decentralized VPN will be self auditing in nature without any self party companies who are interested in selling personal data.
So yes, the distance to the future of a decentralized internet becomes more and more miniaturized with the dominant existence of BandZ Network.
Avail yourself of the Airdrop opportunity from BandZ today.
Get connected with the amazing BandZ community via these channels today.
- BandZ on TELEGRAM
- BandZ on LinkedIn
- Facebook Page
- Twitter Channel
- Youtube Channel
- BandZ REDDIT
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BandZ2018
