iExec Cloud Computing Market:
iExec Cloud Computing Market is an open global market platform that provides cloud computing resources to meet usage needs. Applications and users can obtain cloud computing resources on demand, and computing resource providers can set prices for the computing resources they are willing to sell.
iExec SDK:
iExec SDK provides CLI and JS library, enabling blockchain developers to run complex codes off-chain (off-chain) through iExec distributed cloud, easily overcome Ethereum Square performance limitations.
iExec App Store:
iExec Dapp Store provides Dapp (Decentralized App). Developers can increase the visibility and profit of their Dapps, and users can try and run these apps through the iExec cloud computing marketplace platform.
iExec Data Wallet:
Starting with iExec V3, data providers can monetize their data in the most secure environment. This new model will power disruptive ecosystems and provide companies with new innovative business models.
Realizing data leasing through blockchain:
V3 Enterprise Edition is the latest version released by iExec in the middle of last month. It mainly adds data wallets and optimizes standardized wallet management. process to provide operational security and flexibility when exporting. Data providers can rent out the right to use their valuable datasets or AI models on the iExec cloud computing platform without losing their ownership, and get the corresponding RLC token return every time the data is used.
In the past, companies could only sell datasets or charge subscription fees, and they lost ownership of the data. The data leasing on the new version iExec V3 opens up a new business model. Enterprises can run data on remote machines, but the machines can never copy, access or tamper with the original data, and the ownership is owned by the original data provider. Data providers can also decide who can have access to their data and revoke this access if needed.
The AI training model is a good example of how datasets can be rented and monetized on the iExec cloud computing platform. These datasets are extremely valuable, but their development consumes a lot of time, money, and data. On the iExec cloud computing platform, valuable and sensitive data like this can be monetized through leases for industries ranging from healthcare to fintech to cybersecurity.
Optimize the security and reliability of data leasing:
New business model for secure data leasing benefits from blockchain and iExec TEE (Trusted Execution Environment) The solution, developed by iExec in partnership with Intel, IBM and Alibaba Cloud, is a technology that ensures the security of data running on remote and untrusted computers. The most V3 version of iExec Cloud Computing also provides a privacy protection solution based on Intel's SGX. The combination of the two also greatly guarantees the security and effectiveness of the data leasing market.
In a specific case, iExec cooperated with Alibaba Cloud to deploy a medical application on Alibaba Cloud, allowing hospitals to "rent" their medical data to the Neurological Research Center. The Neurological Research Center uses medical data to study brain activity and Alzheimer's disease. Using the iExec cloud computing treasure TEE (Trusted Execution Environment) solution and Alibaba's SGX-based instance, the hospital can only "rent" medical privacy data without losing the ownership of the data. All data used by the research center is securely protected within the Intel SGX hardware area provided by Alibaba Secure Cloud Machines through iExec, ensuring that no third party (including the research center) can review or copy the medical data used .
V3 Enterprise Edition's new technology and function upgrades:
In addition to the iExec cloud computing treasure TEE (Trusted Execution Environment) solution, V3 Enterprise Edition has added a series of new Technical features, such as a comprehensive upgrade of distributed computing middleware, are officially named "iExec Core". The new version allows personal computers to join a public "work pool" (also known as a mining pool or power pool) to rent idle computing power and thus become computing resource providers. In addition, as part of V3, the overall operational efficiency of the iExec Marketplace will be comprehensively improved through a dedicated sidechain. In iExec V3, the SDK has undergone major upgrades, including greater security and changes to developer workflows, making the entire platform easier and more convenient. Finally, the V3 version also incorporates decentralized oracle technology, which enables applications on the blockchain to obtain real-world information in real time.
iExec is an Ethereum-based distributed computing platform that allows DApp developers, data providers, computing power providers and users to trade computing power and data fairly and freely on its platform. As the chairman of the Trusted Computing Working Group of the EEA (Ethereum Enterprise Alliance), iExec, together with Intel and Consensys, is the official EEA Off-Chain Trusted Compute Specification V1.0 ) major contributor to standard development. This will also become the norm for the future blockchain-based trusted and privacy-preserving computing industry. During the development process, the technology of iExec has not only been recognized and cooperated by leading companies in the industry such as Intel and IBM, but also received the attention and support of EDF and the French National Investment Bank.
