/biz/ - Business & Finance

[Anonymous No.12681156]

I'm going to give you everything I know about iExec. Do with it what you will.

>iEx.ec stands for “I Execute”. Headquartered in Lyon, France, the project was created in October 2016.
>The team is a year ahead of their planned development. Meaning v4 is a lot closer than we think, and v3 is in May.
>It is a spin-off company from INRIA, the French National Institute for Research in Computer Science.
>The iEx.ec market network will be designed for various participants of the distributed computing ecosystem. It will enable them to do business with each other to better monetize their products and services.
>Each new version of the network will be updated to host new types of participants.
>The market network is to provide its users with a wide range of customers and, consequently, new markets.
>iEx.ec also plans to partner with telecom companies, attracting the latter, among other, with the possibility to halve their infrastructure costs, distributing small data centers along their network point-of-presence
>Full traceability and trust
>Allows to sell trusted computing power to anyone in the world.
>Does computing offchain so it's extremely efficient (not like ETH that gets fucked by a simple cat collecting game).
>Uses PoCo algorithm as consensus, validates the work of other workers so they don't cheat. It's basically like mining but doing useful computations instead of throwing away energy.
>Team composed of brainiacs. CEO has been in cloud computing research for 15 years at least. Other members are pioneers in their fields. Just look them up on their site.
>Partnered with IBM, Intel, TFCloud (multibillion chinese cloud computing conpany), Ubisoft and other multibillion companies.
>Close relations with Huawei, Orange, Alibaba
>Possibly at the ATL ever. Can't go much lower even if BTC falls, the valuation is ridiculously low.
>Already able to buy jobs from robots as a proof of concept(iExec SLAM robots)


(continued)

[Anonymous No.12681158]

>>12681156
>Under ICO price ($0.23)
>If iExec manages to take at least 1% of the cloud computing marketcap it will 312.5x from $0.20.
>Multiple awesome dapps already working(https://dapps.iex.ec/).). Preparing themselves for a future where AI will rule the world.
>Creating a dApp directly with Intel.
>IBM already running a worker
>Enterprise edition(v3) coming soon, allowing enterprises to begin using iExec.
>80M circulating coins, nicely spread out. Team has 15M tokens for various promotions and events.
>Most coins exist on exchanges and personal wallets.
>Possible that iExec will be used in the backend of major cloud competitors.(Amazon/Google using iExec while still charging front end customers regular prices)
>Will allow sell mining power on V4 without the need to create mining farms on your own.(Mining dApps being built already, Monero specifically)
>In short, iExec allows to sell computing power as a commodity, creating a power war between cloud providers. Some liken it to digital oil.

[Anonymous No.12681167]

>>12681158
>will most likely do another big push upwards due to being undervalued.
>iExec is also able to run on other ecosystems like Cardano, ark, Eos, whatever etc, because it's blockchain agnostic
>can help scale other coins
>can turn centralized apps into dApps that run off of the iExec marketplace.
>For example REQ running on the ethereum blockchain...
>Request plans to offer automated auditing of financial records. This is also an extremely intensive computational process. iExec again provides the offchain solution for this computation—the results of the audit can then be easily transferred to the Ethereum blockchain.
>another example is FLIXX. Flixxo is a dApp that envisions itself as the decentralized YouTube. Because of all the encoding and decoding of videos on the blockchain, it requires an enormous amount of computer power..iExec will allow the platform to do this by providing cloud resources

>Bitcoin smart contracts are possible thanks to RSK-RLC smart contracts

[Sage No.12681170]

Sage

[Anonymous No.12681172]

It just doesn't stop, it just keeps getting higher. What will Day 83 of FOMO3D Round 9 bring? Tune in today to find out.

Reminder: Keys will never be cheaper.

[Anonymous No.12681178]

>>12681167
About v5, iExec's final form, in 2021:

>The goal of this edition is to allow new usage of iExec beyond the Distributed Cloud. This will be a clear step further in Blockchain computing, as DApps will be fully autonomous applications, able to provision resources, data, and applications directly from the blockchain in a fully decentralized way.

>To this end, it’s necessary to integrate several software and protocols that are emerging now, or that may be developed during the course of the project, like devp2p, swarm, uport etc. Combined with a full development of the Proof-of-Contribution, this will open new areas in the field of serverless services, directly hosted on the blockchain. It will also be necessary to design new consensus protocols able to handle the iExec workload. We plan to lead those researches in partnership with recognised research labs in Europe and in China.


>This will open the Market Network to new applications specifically deployed on iExec to take advantage of the distributed Cloud: IoT, Fog/ Edge computing, Smart City. For instance, a recent study shows that telecom companies (AT&T, Verizon, Huawei, Orange ...) can halve their infrastructure costs by distributing small data-centers along their network point-of-presence. iExec will be the building block for such approaches.

>As the platform increases in complexity, iExec will provide advanced method for deploying iExec ready DApps, making it the “Heroku/ Docker for blockchain computing”. Thus, new revenue stream will be gained by offering a hassle free deployment and development platform on top of the Market Network.

[Sage No.12681200]

S
A
G
E

[Anonymous No.12681209]

>>12681200
Thanks for the bump fagboy

[Sage No.12681218]

Sage

[Anonymous No.12681247]

>>12681218
why sage bro? you trying to accumulate?

[Sage No.12681251]

>>12681247
Sage

[Anonymous No.12681294]

Sage

[Anonymous No.12681307]

>>12681294
Your sage has no power here mortal

[Anonymous No.12681351]

i wish it wasn’t a french company

[Anonymous No.12681362]

>>12681172
Shut up pajeet

[Anonymous No.12681372]

>>12681351
it's the only worthwhile french company
If there was 1 french team to bet on, it'd be iexec

[Anonymous No.12681377]

>>12681351
French-chink*

>Implying it's bad

[Anonymous No.12681384]

>>12681377
yeah it's french-chink
better than simply french, because then they can shill to asians.

Also, these giant sell walls are fake.

[Anonymous No.12681458]

Why are they suppressing this coin you might ask yourself?

Well, connect the dots. It's easily the best coin on the market right now in terms of potential, and it's also still under ICO price. They have so much to gain by suppressing it.

[Anonymous No.12681510]

>>12681156
they just said they are ahead on GPU implementations they never said that they were a year ahead of their planned develpment

[Anonymous No.12681535]

>>12681510
Considering v4 is GPU implementation or "high performance computing", and it was scheduled for 2020, yes, they are indeed a year ahead of schedule or close to it.

[Anonymous No.12681760]

Does it pay income?

[Anonymous No.12681774]

>>12681156
Kys

[Anonymous No.12681786]

>>12681760
Income? If you run a worker when mainnet comes out, yes that's income.

Other than that the only income i know about is the next incoming 10x before May

[Anonymous No.12681881]

>>12681774
No you

[Anonymous No.12682096]

>>12681786
So obviously your bags are heavy, but shill me on the actual token value. And if it's so god damn interesting, while is it under the ICO price. That's shitcoin territory kid.

[Anonymous No.12683105]

>>12681881
>>12682096
do eet