BandZ is developing a peer-to-peer network capable of improving upon Internet services. Its innovations offer the world a better option for connectivity. It will also serve to revitalize many of the lagging Internet of Things applications.
Innovating Connectivity through Smart Devices
Specifically, BandZ is innovating how people will connect their smart devices to each other. It is creating a standard for bandwidth applications on mesh networks. Instead of connecting via the Internet, users can access an extranet that will always be at fair local prices.
Its network of smart devices will allow information to be relayed to all areas of the world. This enables networks to:
- Reach remote areas of the world
- Decentralize
- Self-configure
- Be failure resistant
- Have Fault tolerance
- Decrease maintenance costs
- Lower priced services
- Profit from participating in the network relay
How BandZ Solves the ISP Paradox
Developing a global solution using blockchain technology has been on the minds of crypto enthusiasts in recent years. BandZ offers a unique solution that maximizes the resources currently available. Both ISPs and individual users are incorporated into the extranet.
Bandwidth services govern the flow of information over the Internet. One of the drawbacks of the current ISP system is because of centralization. This limits the choices available locally. In a world becoming increasingly mobile, this is an important issue that needs attention.
Mesh networks used by BandZ come to the forefront. They streamline online access by harnessing the connectivity of smart devices themselves. Costs come from individual smart device owners who sells their relay connection for tokens.
Many Benefit from the BandZ Extranet
Users will gain control of how they exchange bandwidth and services. Their costs decrease and new economic opportunities arise through selling relay connections. The issue of connectivity is an imperative for travelers since the BandZ decentralized local price always applies.
Expanding upon Current VPN Networks
One of the most important service changes will be in the area of Virtual Private Networks (VPN). BandZ can facilitate transactions in ways that today’s VPN services cannot.
VPNs are common among computer users who wish to encrypt their online access. Websites are accessed from a different computer which serves to mask the user. Both individuals and businesses use VPNs.
Many consider current VPNs as being untrustworthy, uncertain, and costly. BandZ provides a decentralized solution. Its ability to self-audit brings a level of trust that has never before existed. Revealing information to third parties is no longer necessary. Users do not need to worry about having their personal data sold. Additionally, VPN prices go down with an economical, local, smart device solution.
A Fully Connected World
The costs involved in obtaining Internet access in remote areas can be expensive. BandZ may become most significant in combating these roaming charges. It has access to a growing number of global mobile devices. This gives users a fair local price regardless of where they travel.
A True Enterprising Solution
Bandwidth can be purchased or sold over the BandZ network using tokens. Decentralization enables cost cutting down to the fair local price wherever the user currently resides. Local users stand to profit by selling their network relay. This is an incredible change to the current system that will help maximize the potential of a connected world.
To learn more about BandZ, visit their website, join their Telegram channel, and read the whitepaper. Thanks @OriginalWorks for hosting this contest sponsored by BandZ.
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