BANDZ NETWORK; HOW IT WILL CHANGE THE INTERNET ACCESS INDUSTRY

benwizzy0 (27)in #crpto • 6 years ago (edited)

The [BANDZ NETWORK](https://bandz.network/bandz/) was established in mid-2017 with headquarters and Intellectual Property rights held in Toronto, Canada. BandZ is a business focused on decentralizing the internet. Blockchain software is being built to provide the services that will be available to BandZ users on its extranet (VPN, rotating proxy, secured communications, mesh networks, and more).

Blockchain is the technology used to power Bitcoin and other crypto. Blockchain are ledgers that are difficult to defraud. Their core objective is to provide an agreement over networks, which is now being applied to financial markets to make payments protocols.

AIM OF BANDZ NETWORK
The aim ofBANDZ NETWORK is a global extranet which treats each user as their own intranet. If this can be achieved, then the underdeveloped parts of the world can benefit from the financial potential of both the blockchain and the internet.

Yearly increase in Mobile Phone Users

BANDZ is a token which is not intended for value storage as it is not a security by any means. The vision of the founders is to commodify internet services, turning data packet transmission directly into currency. The aim of BANDZ is to make internet access cheaper and easier for users.

BENEFITS OF DECENTRALIZED INTERNET
When a technology is centralized, it solely means that the technology is controlled and run by a single individual, Government or Company. Decentralized technology on the other hand, is run by a network that is not controlled by one person.
The following are some benefits of decentralization:

There is less censorship
Decentralized networks are more likely to be open development platforms.
Users don’t have to put their trust in a central authority.

Decentralization cannot add more value to any other single industry more so than to secured peer to peer telecommunications. Decentralizing VPNs will not only make them censorship and back-door proof, but also reduce the friction currently present to novices in accessing the technology.

HOW BANDZ CAN IMPACT LOCATIONS WITH A LACK OF INFRASTRUCTURE.
BandZ is a global peer to peer extranet project which aims at making internet connections censorship-resistant, cheaper, secure, as well as accessible over larger distances and in low infrastructure areas from a premium purchase to a free downloadable app to users by adopting blockchain technology.

BandZ dependence on functioning software applications, computer hardware and the Internet implies that BandZ can offer no assurances that a system failure would not adversely affect the use of your BandZ Tokens.

Despite BandZ implementation of reasonable network security measures, its processing centre servers are vulnerable to attacks from computer viruses, physical or electronic damages or other disruptions of a similar nature. Computer viruses, damages or other disruptions caused by third parties may result in interruption, delay or suspension of services, which would reduce the use of the
BandZ Tokens.

ADVANTAGES MESH NETWORKS
Mesh networks are groups of smart devices such as phones, laptops and tablets, which connect to each other’s WiFi so that internet ranges and accessibility can be improved enjoyably.

A lot of local areas are not profitable enough for ISPs to develop infrastructure towards. Even now, the use of router does not cover the entire area of one’s home. Furthermore, that beautiful concept called the Internet of Things (IOT), it does not work as efficiently as it could without greater signal ranges and lowered data costs.

Without a mesh-net the congestion of all these smart value-added, wireless services would be difficult to bear. BandZ personalized bandwidth limits and packet synchronization would do much to utilize the global opportunity of the IoT. With BandZ, nodes are created for internet devices of all sorts to connect directly, dynamically and cooperate with one another to route data from/to clients.

This lack of dependency on one node allows for every node to participate in the relay of information. The ability to self-configure enables dynamic distribution of workloads, particularly if a few nodes should not function properly. This in turn contributes to fault-tolerance and reduced maintenance costs.

One large factor that limits Mesh Network web is that vendors of mesh network devices have yet to agree on common standards, and thus interoperability between devices from different vendors is not assured. BandZhopes to bridge these gaps through organic community adoption of its software via the tokenized incentives of the blockchain architecture.

HOW BANDZCAN GET RID OF NEEDLESS ROAMING
Some of the roaming issues faced are:
● Access to internet is often restricted by geographic locality
● Roaming fees are very expensive.
● Buying a sim card in foreign countries is an incredibly cumbersome experience

BANDZ have therefore come up with the following helpful remedies to get rid of needless roaming

The price of services will decrease, but the amount of services consumed will flourish.
Bandwidth markets create a lower fixed cost of hardware for ISPs and therefore cheaper data services for end users
Mesh Networks extend the user’s range of access.

VALUE OF THE BANDZTOKEN
Once the BandZtoken have been purchased, the value of BandZ Token may significantly fluctuate due to various reasons. BandZ does not guarantee any specific value of the BandZ Token over any specific period of time. BandZshall not be held responsible for any change in the value of BandZ Token.

How to Participate
BandZIn other to participate in the network as a provider, one simply needs to run a BandZ node on his or her device. BandZ nodes will run swiftly on windows, mac, linux, ios and android.

One may also need to integrate their existing app or product with the BandZ Software Development Kit (SDK). The BandZ SDK allows you to monetize your digital assets by running a BandZ node on behalf of your user. Providers earn money for every 1MB they forward; BandZ nodes can forward both TCP traffic and UDP.

To participate as a consumer you need to run a BandZ node, or join a BandZ pool. BandZ pools will coherently form for bandwidth buyers, allowing these buyers to enter the BandZ Network without having to run a BandZ node and transact in BandZat all. Note that using a BandZpool, it will expose your traffic to the pool operator as the end to end encryption BandZ provides happens when traffic enters a BandZ node.

CONCLUSION

BandZgives the goal of a global extranet which treats each individual user as their own intranet. If this can be accomplished, then the underdeveloped parts of the world such as some countries in Africa can finally improve the financial potential of both the internet and the blockchain. Bandz2018

Private Sale/Pre-ICO/ICO – Discount Schedule (150 Million Tokens)
50,000,000 tokens – Private Sale - 40% discount
5,000,000 tokens – Free via Bounty
9,500,000 tokens – Pre-ICO - 30% discount
21,375,000 tokens – Pre-ICO - 20% discount
16,625,000 tokens – Pre-ICO - 10% discount
9,500,000 tokens – Pre-ICO - 5% discount
21,375,000 tokens – Pre-ICO - 2.5% discount
16,625,000 tokens – ICO Par Price 0.75 USD

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The BandzTeam