Internet Bandwidth to Become a Global Currency?

Internet bandwidth could become a global currency under a new model of e-commerce developed by researchers from Delt University of Technology, Vrije Universiteit, Amsterdam and Harvard’s School of Engineering and Applied Sciences. The application, available for free download, is an enhanced version of a program called Tribler, originally created by the Dutch collaborators to study video file sharing. Successful peer-to-peer systems rely on designing rules that promote fair sharing of resources amongst users. Thus, they are both efficient and powerful computational and economic systems. The researchers were inspired to use a version of the Tribler video sharing software as a model for an e-commerce system because of such flexibility, speed, and reliability — Slashdot

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