BandZ is the VPN (virtual private network) which is introduced by block chain. This word is derived from “BANDWIDTH” Bandwidth is the quantity of data transferred within the internet network. Means that what we browse, what we watch online is actually our bandwidth is being consumed. We pay for internet to our ISP’s but this payment is actually for bandwidth.
Problems:
THE PROBLEM 1:
There are a lot of VPN’s which are provided by many 3rd party companies. One may doubt about their security of their data and bandwidth consumption control. Some internet service providers consume your bandwidth very fast.
THE PROBLEM 2:
2nd problem is of international data and roaming. Now a day, if we buy internet packages (bandwidth) from ISP’s, they are very expensive. Our bandwidth is consumed with high speed before we get what we want. Also there is a problem if we travel to any other country. We cannot buy any kind of internet package in abroad until we get any recommendation or their nationality i.e. in Dubai you’ll need “AQAMA” to buy SIM card and then your you’ll be able to buy internet connection. So that’s mean you cannot carry your internet connection while moving to any other country.
BANDZ SOLUTION:
BandZ is the VPN connection which is powered by block chain in which you can buy your desired bandwidth in cheap prices. While moving to abroad, you can use your BandZ account to access internet from anywhere in the world. Many people do not know about VPN advantages but BandZ has explained their advantages on their website. I would recommend their rates as compare to other VPN’s. By using decentralized BandZ VPN you can fully control your data and your data is completely secured in your BandZ account.
BandZ Whitepaper:
Source: steemit.com/@originalworks
"The internet enabled blockchain and now the blockchain will enable the internet"
This statement refers to the idea that you can buy the BandZ tokens in block chain wallet and then you can buy your bandwidth (internet) by spending these tokens.
YOUR BANDWIDTH IS YOUR CURRENCY:
You bandwidth is actually your currency. You buy BandZ tokens and then buy bandwidth. If you are having a lot of bandwidth and want to sell it, you can exchange your bandwidth with tokens (taxes will be applicable). This means carrying your bandwidth means carrying your money.
BandZ (BNZ) Tokens:
These tokens can be used to buy bandwidths and other services. Tokens sale will be started on 22nd June of 2018. After the sale is completed BNZ coin price will be shown in USD dollars.
You can get tokens on their website soon.
For more information, you can visit
Submission for the contest running on the link
bandz2018