What is BitMesh?
BitMesh is a platform that allows users to share their bandwidth or Internet connections with others in exchange for bitcoin. Without the involvement of third-party escrow or contracts, users can achieve a mutual negotiation for the pricing and share Internet.
For users to connect to the BitMesh network, they will first connect their devices to a BitMesh WiFI connection nearby.
After they find a signal, they can instantly connect to BitMesh WiFi and start using it, and pay only for what they have used at the end of their usage with bitcoin.
BitMesh is currently incubated by prominent Bitcoin venture capital firm Boost VC, and has already presented their prototypes to investors and other panelists. With the help of Boost VC, BitMesh will be introduced to large silicon valley investors and raise funding rounds to market and develop their network.
Posted on 23/07/2015 by kuroda