Discover iExec RLC
iExec RLC presents an innovative solution tailored to safeguard and enhance the value of digital assets within a decentralized framework. Built on decentralization, blockchain protocols, and advanced cryptographic technologies, iExec is an optimal choice for individuals and organizations seeking to optimize computing resources while prioritizing security and privacy. iExec is designed for builders who believe users should be the sole owners of their data. With iExec, developers have the tools to develop Web3 applications where users maintain control over the ownership, privacy, and monetization of their data.
How is iExec RLC empowering AI?
According to a study by the Boston Consulting Group, 90% of executives view AI as a significant business opportunity for their organizations. iExec's value proposition aligns perfectly with this outlook, offering substantial potential to support the future growth and implementation of AI technologies across various industries. iExec leverages its infrastructure, combining blockchain and confidential computing, to address critical issues of trust, traceability, and data confidentiality in AI. This robust setup simplifies compliance with regulations such as GDPR and allows for data usage without the need for anonymization. By providing a secure and transparent environment, iExec enables owners of valuable AI assets to monetize their models while preserving ownership, provacy and confidentiality.
For instance, owners of trained AI models, which require significant investments in time, money, and data, can use iExec's platform to run these models on any machine without exposing the code to the machine’s admin. This capability is made possible through blockchain technology and Intel SGX confidential computing. Consequently, owners can charge a fee each time their model is used, ensuring both revenue generation and the preservation of ownership.
Furthermore, iExec supports sensitive data processing, allowing AI solution providers to monetize their models while protecting intellectual property rights. Companies that collect confidential or sensitive data can integrate AI solutions without revealing this data. iExec's infrastructure is suitable for various industries, including healthcare, fintech, and cybersecurity, enabling the effective use of sensitive data for AI purposes without compromising privacy.
What are the main use cases enabled by iExec RLC?
- Decentralized Application Deployment: iExec empowers developers to embark on their journey of building and deploying decentralized applications (dApps) in a realm characterized by enhanced privacy and security features. This means that developers can weave their innovative ideas into applications that not only function autonomously but also ensure the safeguarding of data and the preservation of ownership rights. It's akin to providing developers with a canvas where they can paint their vision of decentralized applications, knowing that each stroke contributes to a masterpiece that prioritizes data protection and ownership.
- Confidential Computing: Confidential Computing is a core feature of iExec, protecting data during processing and offering stronger end-to-end encryption for your data and applications. iExec is composed of a network of TEE (Trusted Execution Environment) machines that use attestation reports, ensuring that what you deploy on this network will never be disclosed, even to the node owner.
- Data Ownership Control: One of the core principles of iExec is to ensure that developers retain complete ownership and control over their applications and data. Powered by Ethereum blockchain technology, iExec utilizes smart contracts to establish immutable rules governing data ownership and access. By design, iExec allows developers and and users to claim ownership of assets via NFTs. They can control the value creation by selling, renting, subscribing, or setting up user-centric monetization schemes.
- Monetization Opportunities: iExec integrates monetization schemes embedded in the protocol: earn crypto every time your app is used. Through a pay-per-task model and rewards for resource sharing, developers can earn revenue by leveraging their computing power. This creates a mutually beneficial ecosystem where developers are incentivized to contribute to the network's growth while also being fairly compensated for their efforts. Essentially, iExec provides developers with the opportunity to turn their computational resources into a source of income, fueling innovation and collaboration within the community.
- Targeted Marketing Solutions: iExec facilitates targeted marketing campaigns that prioritize user privacy and consent. By leveraging privacy-preserving communication channels and secure data sharing protocols, iExec enables companies to engage with users in a personalized manner without compromising their privacy. iExec’s infrastructure supports the use of confidential computing, ensuring that data processed during these campaigns remains secure and private. This approach allows for the creation of more respectful and effective marketing environments where users feel empowered and in control of their personal information.
