My Contribution for BandZ (Graphics Desain Contest)

ketua (38)in #mediaworks • 6 years ago (edited)

What is BandZ?

Imagine being able to trade bandwidth/Internet just like any other cryptocurrency.
BandZ is a P2P extranet infrastructure protocol designed to serve a global market of smart devices. BandZ aims to redistribute the internet via decentralizing bandwidth access. BandZ enables users to share the bandwidth/internet services via blockchain technology.

Internet & Current Issues

The modern world of ISPs is strictly controlled and regulated by governing bodies, pigeonholing them into expensive fees for limited services. All natural monopolies exist because of a lack of optimal technology. When the right technology does come along, it makes the medium not only more accessible and cheap, but also ubiquitous. The same can be said for internet through our airwaves, and BandZ is on its way to helping that vision come to pass.

One use case is travel. Roaming fees are precariously expensive. This same data is offered locally at a fraction of the price. There is a clear opportunity for great, scaling efficiencies for both the user who gets farther and faster internet access and the ISP who can reach new customers in areas with little-to-no landline infrastructure.

How are you solving this problem?

BandZ will turn each individual user into their own intranet (private network). As such they will have the means to access the global extranet by allowing other intranets (single users or organizations) to connect and access services from them such as bandwidth sales or IP addresses. This solution will be available to users worldwide so long as they have mobile devices.

BandZ will give users the power to choose.

By sharing your internet, you can earn BandZ. These BandZ tokens can than be used to purchase internet/bandwidth and enterprise-grade security services from others peers on the network. This creates a free market in the truest and most liquid sense, where users can manage their internet use and pricing as the optimal equilibrium would dictate.