[Updated] How to Create NIC Teaming or Bonding in CentOS 8 / RHEL 8

NIC teaming is the aggregation or bonding of two or more network links into a single logical link to provide redundancy and high availability. The logical interface/link is known as a team interface. In the event that the active physical link goes down, one of the backup or reserved links automatically kicks and ensures an uninterrupted connection to the server.