BDIX is the first Internet Exchange Point of Bangladesh, established in 2004 to allow local internet traffic exchange between its members. It has grown significantly over the years, now supporting over 60 members and traffic averaging around 3 Gbps. The document discusses BDIX's history and updates such as receiving an operating license in 2014, installing a new 10G Cisco switch, and plans for a second point of presence outside of Dhaka to further improve connectivity in Bangladesh.