Lyon, France, June 4, 2024, Chainwire
iExec's newest developer instrument permits Web3 builders to create purposes that improve person management over their digital belongings and maximize monetization potential.
iExec, a Web3 creation, possession and monetization platform firm, has introduced the discharge of an improve to its DataProtector developer instrument, referred to as the “Monetize Model.” This newest innovation is an improve that provides new strategies for Web3 builders, DApp customers and content material creators to handle and monetize their digital belongings.
Since its founding in 2016, iExec has been a pioneer in providing options that prioritize information safety and possession. The up to date DataProtector “Monetize Model” reaffirms iExec's dedication to innovation and offers highly effective instruments that empower builders to return management of digital belongings to their customers. The improved instrument permits customers of decentralized purposes (DApps) to maximise the monetization potential of their information, content material and different digital belongings.
Simplifying DApps growth with improved person possession and monetization management
Primarily based on the unique iExec DataProtector developer instrument, this new model introduces the DataProtectorSharing module. This expands the toolbox with new SDKs that provide a variety of monetization methods that simplify the sharing, distribution and monetization of digital belongings. Transactions are secured by Confidential Computing's {hardware} encryption and orchestrated by means of iExec's devoted DataProtectorSharing sensible contract. Monetization is extra environment friendly by means of using RLC, iExec's native cryptocurrency, making certain safe and clear transactions on the community.
DataProtector “Monetize Model” places DApp customers in charge of their information
- Possession: Customers can encrypt their information with possession registered on the blockchain to make sure management.
- Sharing: Customers can grant entry to approved purposes and securely share information with out publicity.
- Monetization: Customers have the choice to lease, promote, or pool their digital belongings inside a subscription, permitting flexibility in how they monetize.
This improve brings superior monetization capabilities designed to extend the worth of digital belongings whereas sustaining management and safety. Customers have the choice to choose in safe sharing of their digital belongings with approved events with out jeopardizing possession. As well as, there could also be belongings leased for a time period, permitting information or content material house owners to earn whereas retaining possession rights. Protected sale choices permit customers to switch possession of knowledge or digital belongings to consumers, who then take full management of their use on the blockchain degree. Subscription package deal focuses on potential revenue by offering entry to curated information collections for a predetermined charge. These versatile monetization choices goal for Web3 customers to get most worth from their information or some other digital belongings, whereas making certain 24/7 management and safety.
“”The DataProtector developer instrument completely matches our mission to allow Web3 customers to optimally monetize what they personal. Builders can create actually distinctive Web3 purposes that prioritize person possession, privateness and monetization. It revolutionizes the Web3 setting and units a brand new normal within the decentralized economic system.” – Gilles Fedak, CEO of iExec
What units this improve aside is its simplified strategy to sharing protected information and RLC acquisition. Distribution channels are pre-set, permitting customers to independently provoke sensible contracts, eliminating the necessity to handle every transaction personally. The method makes use of a mix of blockchain and Confidential Computing and makes use of Intel SGX Trusted Execution Environments (TEE) to make sure that information stays end-to-end encrypted and safe throughout processing.
Affect on the Web3 group
The brand new “Monetize Model” of the DataProtector developer instruments considerably enriches the Web3 group by encouraging larger interplay and collaboration. This innovation helps a extra dynamic and interactive ecosystem the place customers can confidently handle, share and monetize their digital belongings. By supporting a tradition of collaboration and innovation, this instrument contributes to the joint development and dynamism of the Web3 setting.
About iExec
iExec is for Web3 creators who consider that customers ought to have full management over the possession of their information. By creating industry-leading decentralized developer instruments, iExec permits builders to construct Web3 purposes that prioritize information possession, privateness and monetization.
With clear entry to TEE infrastructure (equivalent to Intel SGX) and superior Confidential Computing, iExec ensures that information stays safe throughout processing, even by the node operators themselves. This safe framework provides customers full management over their information and determines who can entry it and for what goal. iExec additionally facilitates information possession by means of NFTs and permits customers to monetize their digital belongings by promoting, renting or providing subscriptions. With direct monetization constructed into the protocol, builders earn RLC each time their app is used. Appropriate with widespread programming languages, iExec gives the pliability and strong safety essential to pioneer the way forward for Web3. For builders who worth privateness, possession and monetization, iExec is a compelling platform.
Builders and creators can go to the iExec Developer Portal for detailed documentation and tutorials on the DataProtectorSharing module.
Builders and creators also can observe iExec on X to remain up-to-date on developments and developer funding alternatives.
Contact
Communications Supervisor
Tina Fahimi
iExec
(e mail protected)
