Simplify

Simplify, one of the World’s 50 Most Innovative Companies, creates a marketplace for users to buy and sell excess Internet bandwidth from their monthly home broadband and mobile plans. The company extends sharing economy to the broadband space, enabling everyone to be a little Internet Service Provider. The service dynamically creates an encrypted hotspot password so that any buyers can seamlessly piggyback on another person's internet access on the fly. Headquartered in Malaysia, Simplify idea was validated and refined at Massachusetts Institute of Technology (MIT). The technology that powered Simplify has since granted a US Patent.