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IExec
iExec provides infrastructure for ownership, privacy, and monetization, positioning itself as the trust layer for DePIN & AI. It enables developers to build and monetize applications using confidential computing and TEEs, with its native token RLC facilitating transactions and access to the protocol.
Distributed
Description
iExec provides infrastructure for ownership, privacy, and monetization, positioning itself as the trust layer for DePIN (Decentralized Physical Infrastructure Networks) and AI. The platform allows developers to build and monetize applications using trusted execution environments (TEEs) like Intel SGX, which protect application execution from external alterations. Developers can use their preferred languages, such as Rust or JavaScript, and integrate monetization mechanisms to earn cryptocurrency each time their app is used. iExec's protocol supports confidential computing, ensuring data is protected during processing and giving users control over what they share. It also uses NFTs natively to enable true ownership and control over digital assets, allowing for various monetization schemes like selling, renting, or subscriptions. The native token, RLC, is used for accessing the protocol, paying for transactions, and verifying calculations through a Proof of Stake mechanism. The platform supports the development of dApps in various sectors, including AI and DePIN.Grant Funding
VC Funding
None
2017
$0
$12M