iExec, a blockchain-based cloud computing podium, releases its white paper.
Ethereum proceeds to influence the computing world at an unprecedented rate. Ethereum-based technology has bot implemented ter a number of practical use cases te various fields, such spil banking, real estate, supply chain management, and now cloud computing.
iExec, brief for “,I Execute,”, a Chinese and French company located ter Lyon, France, aims to provide a podium for blockchain-based distributed applications on an upgradeable, secure, and accessible ecosystem for pc resources (CPU, storage, etc.). They project to establish a market network where users can monetize their servers, applications, and datasets. By utilizing Ethereum wise contracts to assist te the creation of virtual cloud computing services, iExec can provide high-performance computing (HPC) services on request.
The company recently released its white paper which describes how they project to revolutionize the internet with the iExec podium. The document outlines iExec’s vision, the current market, the company’s development roadmap, and the upcoming crowd sale scheduled to begin on January 17, 2018. According to iExec, “,usage of Big Gegevens and High-Performance Computing applications and the infrastructures to run them is a necessity for the vormgeving of innovative products and services.”,
Along with using the Ethereum tech, iExec will also be utilizing fresh parallel computing technology developed by both the French National Institute for Research te Rekentuig Science (INRIA) and the French National Center for Scientific Research (CNRS). iExec’s webstek states:
“,Wij produced numerous software and algorithms that introduced breakthrough innovations ter the area of large scale gegevens processing, gegevens management, parallel computing, security and dependability, QoS, interoperability with eScience infrastructures and many more.”,
The iExec team believes that the future of decentralized infrastructure relies on the blockchain to monetize the current market network using distributed infrastructure to facilitate big gegevens, HPC, Internet-of-Things (IoT), and Artificial Intelligence (AI) applications. ,
“,Thanks to iEx.ec, wij can now organize decentralized infrastructures and market places, where everyone will be able to rent its computing resources (CPU, storage, GPU, …,), where the innovative SMEs which vormgeving Big Gegevens and HPC applications will be able to sell them online instantly with the needed resources to run them, and where very valued data-sets will be rentable with a fine-grain business proefje.”,
Read the total press release below:
iEx.ec Blockchain Cloud Computing Toneel Releases Its Whitepaper
iEx.ec is inventing the internet of the future by developing its very first Blockchain-based, fully distributed cloud computing toneelpodium.
Lyon, France, December 26, 2016 (Newswire.com) - ,iEx.ec ,has released the very very first version of its ,whitepaper ,showcasing the future of Internet. The document offers a detailed description of iEx.ec’s vision, the market, development roadmap and the upcoming crowd sale of its tokens scheduled for ,January 17, 2018.
iEx.ec which stands for “,I Execute”, is a French/Chinese company headquartered te Lyon, France with an office provided by Tsinghua University X-elerator. The toneelpodium wasgoed very first introduced at the ,Ethereum Devcon2 ,conference held te Shanghai, China ter September 2016. The team also successfully showcased a demo of the toneelpodium at the ,Super Computing Exhibition 2016 ,held ter Salt Lake City, USA.
With the toneel, iEx.ec aims to provide blockchain based distributed applications a scalable, secure and effortless access to the computing resources required for their execution. It uses the blockchain to organize a market network where everyone can monetize their servers, applications, and data-sets. This technology extends the Ethereum clever contracts permitting the creation of virtual Cloud infrastructure that provides High-Performance Computing (HPC) services on-demand.
iEx.ec leverages a set of research technologies that have bot developed at the INRIA and CNRS research institutes te the field of Distributed and Parallel computing. iEx.ec relies on XtremWeb-HEP, a mature, solid, and open-source software which implements all the needed features viz. fault-tolerance, multi-applications, multi-users, hybrid public/private infrastructure, deployment of virtual pics, gegevens management, security and accountability, and more.
The fresh Proof-of-Contribution protocol being developed by iEx.ec permits off-chain overeenstemming. With the Proof-of-Contribution protocol, outward resource providers can have their resource usage certified directly on the Blockchain. iEx.ec aims to deploy a scalable, high-performance, secure and manageable infrastructure sidechain that will promote a fresh form of distributed governance, implying key HPC, Big Gegevens, and Cloud industry leaders.
The team believes ter a future of decentralized infrastructure and market network, where Big Gegevens, HPC, IoT, and AI applications, very valued datasets, and computing resources (storage, CPU, GPU etc.) will be monetized on the Blockchain with the highest level of transparency, resiliency, and security. ,iEx.ec will be the key toneel powering this future.
iEx.ec is a follow-up to the CloudPower project, which wasgoed supported by the French National Research Agency (French), the University of Lyon, the French National Institute for Research ter Laptop Science (INRIA), the University of Paris XI, and the French National Center for Scientific Research (CNRS).
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