For those who are new to iExec? They have published a brief overview of what they have been building over the past few years, and what they have got to look forward to in the future.

iExec is an innovative market network where anyone can monetize their applications, servers, and data sets.

Since 2017, iExec has been bridging the gap between individual resource providers (meaning any participants in the crypto space) and traditional cloud resource providers. iExec supports compute-intensive apps in fields such as AI, big data, healthcare, rendering, or FinTech.

The iExec network is made up of computing resource providers. Computing power providers are called ‘iExec Workers’. As workers, users can connect their machines and be rewarded in RLC tokens for contributing resources to the network.

Application providers can monetize their applications and algorithms. 

Decentralized Oracles – The iExec consensus protocol ‘PoCo’ (Proof of Contribution) provides consensus over off-chain computing and can also be used to integrate decentralized oracles with iExec.

One of the main strengths of iExec lies in trusted off-chain computing. Its representative heads the ‘Trusted Compute Working’ group within the Ethereum Enterprise Alliance.

iExec collaborated with Intel to release a ‘trusted compute’ solution for blockchain (TEE using Intel SGX) iExec is also a service provider for Intel, offering a Decentralized Marketplace for AI models.

Other iExec collaborators:  IBM, Genesis Cloud, EDF electrical utility company and more.

iExec was a main contributor to the Trusted Compute Framework (Hyperledger Avalon) alongside Microsoft, Intel, ConsenSys, Envision, PegaSys, and Kaleido.

iExec recently announced the start of the Developer Rewards program! The program allocates $1 Million, offering funding rewards and support to anyone building with the iExec RLC protocol. There are a lot of reward tiers.

iExec is working with various organizations and consortiums with the goal of providing scalable and secure access to the services, datasets, and computing resources.

What’s next for iExec in Q2? The iExec Oracle Factory.

The iExec Roadmap is constantly being updated. Keep an eye on it and be the first to know about what’s coming next for the project.

The community are like:  You guys are well on your way. Love the roadmap of 2021 so far. There’s even a whole Discord group created by Redditers about IExec. 1000+

The possibilities of iExec are many. There are documentations, tutorials, and use case demos over on iExec Academy. It is all about setting aside some time to understand the entities, processes and people in the ecosystem.