Trust-anchoring platform iExec aiding in the decentralization of Privacy-Preserving Identification Network (DePIN) and Artificial Intelligence
Revamped iExec: Unleashing the Potential of Digital Assets and AI
Embrace a future where digital assets and AI revolutionize the way we perceive value in the digital economy. That's the vision iExec, an experienced player in the decentralized asset economy, is bringing to life.
AI is poised to transform computing, pushing boundaries and inspiring change. Traditional AI systems require multiple computers to function, with some relying on centralized data centers. However, iExec envisions decentralization as the key to fostering the growth of independent AI platforms.
iExec plays a pivotal role in the decentralized asset economy, offering a fresh perspective on digital assets and their potential to create value across the ecosystem. Let's delve into how iExec is reshaping the way we perceive value in the digital economy.
iExec: Value at Every Level
Founded in 2017, iExec raised funds through an initial coin offering (ICO) that garnered 10,000 Bitcoins in just 3 hours. Its co-founders, Gilles Fedak and Haiwu He, boast over 15 years of experience in distributed and high-performance computing (HPC). The idea at iExec is straightforward: unlock as much value as possible from digital assets by ensuring everyone within the digital economy can thrive.
When digital assets are discussed, tokens typically come to mind. However, iExec transcends tokens and sees an enormous use case for its technology in AI. Given the current popularity of AI, it's time to reconsider our digital asset paradigm!
Confidential Computing with Intel TDX
iExec partners with Intel to strengthen AI security via Intel's TDX technology. This collaboration safeguards data during AI program processing, keeping sensitive information secure without the need for code modifications.
Monetizing Digital Assets with iExec
iExec empowers users to make money from their everyday digital activities like emails and social media usage. By opting into marketing campaigns through the Privacy Pass program, users can earn tokens while preserving their privacy.
iExec equips developers with the knowledge and resources to build, learn, and earn through its innovative framework. This transformation empowers internet users, moving them from passive "digital livestock" to active asset owners who reap benefits from their online actions.
The RLC Token Economy
The RLC token is the primary currency used in the iExec marketplace, facilitating transactions and keeping the network secure. RLC holders can augment their earnings by providing liquidity on Uniswap, receiving trading fees plus bonus rewards from a pool of 10,000 USDC.
Decentralized AI and Off-chain Computing
iExec tackles traditional AI limitations by moving heavy computations off the blockchain while ensuring results remain verifiable. This approach maintains privacy and Avoids having a single entity wield too much control.
Secure hardware environments called TEEs ensure data remains encrypted during AI processing, making AI safer for sensitive applications like healthcare, banking, and legal work.
Strategic Growth Initiatives
iExec demonstrates commitment to its ecosystem by buying back RLC tokens. This strategy strengthens the ecosystem, with repurchased tokens allocated for development (40%), savings (30%), and market support (30%). This approach bolsters the attraction of developers while creating a strong RLC market.
Creating Value from Every Corner of the Digital Economy
You might not view your email account as a digital asset, but that's about to change. With iExec, even email can become a valuable digital asset. In a world where big companies like Google dominate the data economy, iExec paves the way for users to reclaim control, earning from any digital activity they perform on-screen.
Email is a Digital Asset?
Your email account, a seemingly unremarkable digital presence, harbors hidden potential. From a digital marketer's perspective, email addresses are valuable. iExec resolves the inconvenience of unwanted marketing emails. By creating a barrier, your information remains private while you're paid in digital tokens for marketing emails you receive.
The Internet's New Data Economy
Most users fail to recognize the value of their digital interactions. But with iExec, the data economy shifts in users' favor. By monetizing this forgotten treasure trove, internet users can actively participate in the digital asset space.
The great part about iExec lies in its minimal impact on existing business models. In our email marketing example, traditional players like Yahoo and Google still earn from their existing business model. With iExec, everyone benefits—it's a genuine win-win scenario!
Building the iExec Future
iExec's commitment to developer education and support fosters a dynamic and innovative ecosystem. The builder development journey at iExec begins with education, allowing builders to master Dev Tools through resources like the Hello World quest and the iExec Academy, a content aggregator for iExec resources.
Once builders grasp the tools, they move on to the build phase, using Dev Tools like DataProtector or Web3Mail to develop their projects. Upon project completion, builders transition to the earn phase, where they can monetize their decentralized applications (dApps) as part of their go-to-market strategy.
Empowering Everyone in the Digital Economy
In a world dominated by smartphones, it's easy to overlook the digital assets all around us. But iExec dares to imagine a future where users take back control over their digital assets, earning from their online activities.
Education is the foundation of this new digital economy, enabling users to understand the potential of decentralization and digital assets in the real world. iExec is the final piece in the puzzle, offering a platform for developers and end-users to join forces, seize opportunities, and unlock hidden value in the digital economy.
Seize Control with the RLC Token
At the heart of the iExec ecosystem lies the RLC token. This utility token fuels transactions, ensures transparent payments, and facilitates the monetization of digital assets while maintaining network security. The RLC token is listed on major centralized and decentralized exchanges, allowing for easy token swapping and integration into various applications.
With iExec, the road to securing your slice of the digital economy stretches before you. Embrace the potential of digital assets and AI, and join iExec in reshaping the future of value creation.
- iExec, with its unique technology, envisions a shift in the digital asset paradigm, extending its application beyond traditional tokens to AI, fostering increased value creation in the digital economy.
- To ensure data security in its AI partnerships, iExec teams up with Intel, leveraging Intel TDX technology, offering a safeguarded environment for sensitive data during AI program processing.
- In the iExec ecosystem, users can monetize their everyday digital activities, such as emails and social media usage, by opting into marketing campaigns through the Privacy Pass program, earning tokens while preserving their privacy.
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