Fundstrat: Bakkt’s Launch Expected by Late Q3, Could Be ‘Huge Accelerator for Market Growth’

5m
cryptoglobe

Why Is A VPN Absolutely Necessary For You?

7m
bitcoinwarrior

Bitcoin’s Bull Run in 2015-2017 is Very Similar to What We’re Seeing Now, Analyst Opines

19m
zycrypto

Week of Crypto-Regulations: Governments in the US, China and India Take Heed

35m
coingape

Financial Analyst: Bitcoin Futures Are A Great Buy At $8,500

1h
bitcoinist

Despite Being “For Everyone,” Those Banned from Facebook Likely Can’t Use Libra

1h
beincrypto

Bitcoin Price (BTC) Signaling Bullish Continuation To $11K

1h
cryptonewmedia

Can Facebook’s Libra Be Used For Illicit Transactions?

1h
bitcoinwarrior

NYDAX: Seeking to Disrupt Wall Street and Pave the Way to Digitized Securities

2h
bitcoinwarrior

CGC Kyiv 2019, the largest blockchain gaming conference announced on Oct 10-11 – 1500 delegates from 50 countries, 100 speakers, VR, AR, hackathon

2h
block

Blockchain Life 2019

2h
block

The Future of Automation in UX and Design System Ecosystems with Jiří Třečák (Supernova) at TCE2019 Prague

2h
block

Bitso Get License to Operate XRP-based xRapid Transactions in Mexico

2h
thebitcoinnews

This Week in Cryptocurrency: July 19th, 2019

2h
thebitcoinnews

Zcash Forks Into New Blockchain Network Ycash

2h
thebitcoinnews

550 Bitcoins Locked in Ethereum-based Tokens Called WBTC

2h
thebitcoinnews

Libra Does Not Qualify as a Crypto, the World Doesn’t Need it: BlackRock CEO

2h
thebitcoinnews

Hayek’s 1984: Rediscovered Footage Shows Austrian Economist Predicting Bitcoin

2h
thebitcoinnews

7 Unorthodox Ways to Mine Bitcoin

2h
thebitcoinnews

Bitcoin Cash Milestones: Delivered Code, Upgrades and Platform Development

2h
thebitcoinnews

Bitcoin and Cryptocurrency Not Banned in India, Government Official Confirms

2h
coingape

Ex-Microsoft Engineer Charged with Mail Fraud After Stealing Millions in Digital Currency

4h
beincrypto

Interview: Ethereum development suite Truffle CEO on the future of dApps, regulation, and Libra

4h
cryptoslate

Sally Ho’s Technical Analysis 20 July 2019

5h
cryptonewmedia

Sally Ho's Technical Analysis 20 July 2019

6h
cryptodaily


Blockchain computing cloud iExec upgrade introduces data renting

cryptoninjas

2mon ago

iExec, a blockchain-based decentralized marketplace for trading cloud resources, this week announced the release of V3, which introduced a new ‘Data Wallet’ feature that makes secure data renting possible. With this major upgrade, for the very first time, individuals can connect to iExec and contribute their computing power to earn money. iExec has also launched its Enterprise Edition for corporates wishing to do business with blockchain.

The main addition of iExec V3 is the Data Wallet, allowing for new business models through ‘data renting’. Data providers can list their valuable datasets or AI models, and through iExec, these can be used with an application combined with remote computing power. The providers of the datasets, applications, and computing power are all rewarded through the decentralized iExec Marketplace.

Trained neural networks are an example of valuable datasets that can be rented and monetized through the iExec Data Wallet. They are highly valuable as their training requires time, money and huge amounts of data. Such valuable and sensitive data can be monetized and used in a wide range of industries from healthcare to fintech to cyber-security.

In the past, companies could only sell datasets or charge subscription fees, therefore losing ownership over their data. The innovation of data renting on iExec allows for business relationships whereby enterprises can execute code using specific data on a remote machine, with the guarantee that this machine will never be able to inspect, copy or tamper with the data. Data providers are able to choose who can have access to their data, and revoke this access when needed.

iExec V3 introduces a range of new technical features. The distributed computing middleware has been upgraded. Now named ‘iExec Core’, it allows for individuals to join public ‘worker pools’ and become computing power providers. In addition to the Data Wallet, iExec V3 also integrates the iExec Trusted Execution Environment solution (TEE).

This ensures the protection of data running on remote and untrusted machines. Also as part of V3, the overall efficiency of the iExec Marketplace has been increased through a dedicated bridge that is compatible with sidechains, and decentralized brokering. Finally, iExec V3 allows for the creation of decentralized oracles to give blockchain applications access to real-world data.

iExec V3 will introduce ‘iExec Enterprise’, proposing custom offers for corporates to address their specific needs. This will involve paid support and consulting services with the option to adapt the iExec offering to private or consortium blockchains. Enterprises can benefit from selecting which partners or clients have access to specific resources.

In this context, iExec announced its work with EDF, one of the worlds largest electricity providers, to optimize its cloud computing infrastructure. By combining distributed computing, blockchain consensus, and trusted execution environments, iExec can address the needs of enterprises and consortiums to do business with blockchain.

Regarding any copyrights issue, please contact us:content@hashbee.com.

0 comments