Decentralized Megabytes
During Bitcoin Wednesday’s 5-Year Anniversary Edition on 4-5 July, 2018, KeepGo founder Guy Zbarsky will give a demo of his new project, a decentralized megabyte exchange that allows users to buy, sell and use their mobile Internet peer to peer. The exchange is a public, blockchain-agnostic, decentralized trading platform with smart contract functionality.
Guy explains how this system works:
Currently, the valuable traffic purchase is at the mercy of mobile operators and cannot be traded. In the Megabyte Exchange, it’s yours to use and sell as you wish. Your megabytes travel through a decentralized peer-to-peer network, controlled by no one and incentivized via the blockchain token.
Consider that you purchase 10Gb/month from your carrier: De-facto, you use one-third of it. However, there is an inbound traveler who just landed in your country and could use your unused megabytes. The Exchange provides a single interface for real-time traffic, trade and payment. As the decentralized network is controlled by no one, the price for every megabyte is set solely by supply and demand, forming a truly fair economy.
Before becoming founder of Keepgo, Guy was CEO of Ksoft, where he provided more than 15 years of management experience. He has undergraduate degrees in Computer Science and Mechanical Engineering and an MBA from the Technion Institute of Technology in Israel. He served as a Major in the Israeli Defense Forces, where he was head of the CAD and Product Lifecycle Management departments. He is also a divemaster and practices Karate Sempai.
