iEx.ec Releases the First Version of Whitepaper Showcasing the Future of Internet
The details of iEx.ec’s vision, the market, and the development roadmap are completely outlined in the document. It also elaborates upon the upcoming crowdsale of iEx.ec’s tokens scheduled for January 17, 2017.
iEx.ec is a follow-up to the CloudPower project, which was supported by the French National Research Agency (French), the University of Lyon, the French National Institute for Research in Computer Science (INRIA), the University of Paris XI, and the French National Center for Scientific Research (CNRS).
I Execute or iEx.ec is a French/Chinese company headquartered in Lyon, France with an office provided by Tsinghua University X-elerator. The platform was first introduced at the Ethereum Devcon2 conference held in Shanghai, China in September 2016. The team also successfully showcased a demo of the platform at the Super Computing Exhibition 2016 held in Salt Lake City, USA.
iEx.ec is working to improve upon the Ethereum smart contracts allowing the creation of virtual Cloud infrastructure that provides High-Performance Computing (HPC) services on-demand.
With the platform, iEx.ec aims to provide blockchain based distributed applications a scalable, secure and easy 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.
iEx.ec leverages technologies being developed in the field of Distributed and Parallel computing, and relies on XtremWeb-HEP.
It is further developing a Proof-of-Contribution protocol that allows off-chain consensus. With the Proof-of-Contribution protocol, external resource providers can have their resource usage certified directly on the Blockchain.
The iEx.ec team firmly believes in a future of decentralized infrastructure and market network, where Big Data, HPC, IoT, and AI applications, highly valued data-sets, 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 platform powering this future.
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