Blockchain, VPN, ICO – Privatix Start-Up Overview
Privatix is a decentralized autonomous network that uses blockchain technology for purchases/sales of communication channels. As stated on their website, “your IP-address is hidden, your Internet is unrestricted and your privacy is protected.” The company even plans to issue its own cryptocurrency.
Privatix’s network reduces expenses and increases profitability in the consumer VPN market. If treated like a traditional VPN service, its quality is at the level of most popular services, as acclaimed in the nordvpn review. However, unlike other services, Privatix is eliminating intermediaries and giving people the chance to share communication channels on a P2P-basis, which will increase the overall effectiveness of data exchange within the network. Privatix also plans to open new opportunities for application and service creation on the basis of a new network. The services that are going to be covered by Privatix encounter CDN, Big Data, Business Intelligence, SDK creation and others.
How Does It Work?
Privatix will allow users to sell broadband access to other participants of a network. Any participant of the network will be able to install free software to provide tunneling to other participants. All financial calculations between agents and clients of the Privatix network will be made in PRIX cryptocurrency. Upon purchase of resources from participants, the fee for the development of the network will be charged. The operations that aren’t purchasing broadband, for example, trade at the exchange, and free exchange won’t be charged by service fees.
Company Products to Launch
Privatix.Agent is a cross-platform app, developed to perform all operations connected to the purchase and provision of broadband. This software is the basis of the Privatix network as it provides agents an ability to join the network and sell the Internet channel.
VPN, on the Privatix network, will allow users to switch between millions of output points, with the largest available speed and use a modified VPN connection. The user who has decided to become a participant in the P2P network will be able to pay for access, providing other users traffic on the channel. If you receive more traffic, than you will pay for the surplus. Otherwise, you will get paid in exchange.
Privatix.BOX was developed for VPN-routes. The physical device — DD-WRT is a router which allows:
- Connection to the Privatix network as the agent and/or the user of VPN, without installation of the special software
- Capability to be divided from the protected VPN connection by Wi-Fi
When the Privatix network becomes big enough and includes hundreds of thousands or even millions of agents, most of them will have a house or office IP address. For thousands of companies and Internet businesses, house IP addresses (residential IP), which can be used as a proxy, is a major and very essential resource. With their help, large online retailers can watch the prices of competitors. Developers will check their websites visibility within different countries, and advertising platforms will use the proxy to check notifications. The companies dealing with security issues will look for harmful websites and the companies collecting and analyzing business data will use the proxy to parse search engines or websites of competitors. The product will include advanced API, allowing them access to all agents (proxy) of networks and be able to buy traffic from them.
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