In 2×4/2×6 wood frame construction, can you substitute steel tension bands for the plywood/drywall sheathing?

Then add sprayed-on water, thermal, a/o fire resistive/protective coatings and lighter-weight veneers with fewer nailing/fastening schedules?
I am looking to replace the plywood with a new method of frame reinforcing that uses steel strapping bands to stiffen, strengthen, and resist movements of the framing. I will not be placing plywood or drywall on this frame.

By: the “eggster”

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