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Bandwidth as currency

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Definition Edit

Bandwidth as currency is

initially involved customers purchasing a prepaid phone card that allowed subscribers to transfer surplus telecommunication minutes to other subscribers using text messages. Suppliers can be paid in the same way, and a bank of phone minute credits can be maintained and sold to others in the network. Cloud computing introduces an additional concept by creating an environment for the dynamic management of compute capabilities that can be traded.[1]

References Edit

  1. Gartner, IT Glossary (full-text).

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