iExec Project Update #06 — December 2018

Wassim Bendella
iExec
Published in
5 min readDec 10, 2018

November was a productive month for iExec in terms of product development, partnerships and brand-building both in Europe and Asia. This monthly wrap-up is packed with exciting news — enjoy the reads!

💡 Want to learn more about iExec? Check out iExec Academy!

iExec Academy aggregates all content related to the project. You’ll find articles, tech documentation, videos, interactive demos, and much more! Whether you are a beginner or an expert, a developer or crypto-enthusiast, you’ll find what you are looking for on iExec Academy!

📚➡️ https://academy.iex.ec

A technical update

IBM recently joined the iExec cloud marketplace as a resource provider offering Intel® SGX-integrated machines. This allows enterprises to run their most sensitive workloads on shared hardware at the highest level of security. The past few weeks have also seen several other milestones reached by iExec.

Other noteworthy releases

The iExec Summit & Devcon4 in Prague

From October 30 to November 2, iExec took part in the fifth edition of the annual Ethereum Development Conference (Devcon4) in the crypto-friendly city of Prague, Czech Republic. The team had the pleasure to sponsor this very special gathering, but also to organize our own satellite event. We brought together experts in the field for an afternoon of talks, workshops and expert sessions, followed by an evening of discussions over food, drinks, and music.

Recent events and iExec presentations

Team members update

  • To aid in iExec business development and marketing efforts, a new Country Manager for the Asian-Pacific Region has joined the team in Lyon. Yigu Lin’s work will focus on developing business relations in Asia while synchronizing marketing activities and arranging events over China, Korea, Japan and Singapore.
  • As iExec V3 fast approaches, there have been three new additions to the technical team. Zied Guesmi, previously an iExec intern, has joined the team full-time as a DevOps Engineer.
  • Pierre Jeanjacquot has joined Victor Bonhomme as a Full-Stack Engineer, offering extra support in front-end and UX design as iExec expands to address more verticals.
  • The upcoming version of iExec will manage data, security is therefore of the utmost importance. Nathan Payre joins as a Systems Administrator Assistant, working alongside Vladimir Ostapenco.

On company finances

  • Yes, the cryptocurrency market has been bearish for some time now. Some companies are laying off, some are restructuring, and others are having severe financial problems. Some have posed the question of how iExec is currently doing ‘money-wise’ in the midst of current market conditions?
  • We’d like to reassure you that we are funded and have enough treasury to carry out our development, and progress in our roadmap.
  • Why haven’t we sold more/all of our ether? We’ve sold enough to be able to build and ship up to our promise. Our token sale was conducted early on and, at current prices, we simply don’t consider it optimal to sell more ether.
  • iExec has strong faith and confidence in Ethereum, and we contribute to its further democratization through our various initiatives under the EEA umbrella. What market caps don’t show is that the Ethereum ecosystem is stronger than ever, as numbers and stats confirm.
  • Moreover, apart from token price appreciation, iExec has multiple business models under study. From premium offerings to consortium blockchains, generating revenues and becoming a profitable company is one of the goals of iExec.
  • Current prices are not stopping us from building. We will continue striving for a new cloud computing paradigm and wish other projects the best of luck.

Recent press mentions

Connect with us!

WebsiteBlogSlackTelegramRedditTwitterFacebookLinkedInYoutubeGithubKakaoInstagramSteemitKatacodaDocs

--

--

Wassim Bendella
iExec
Writer for

Wassim Bendella is a business developer at iExec, a blockchain startup decentralizing the cloud market (previously at Shell and Cointelegraph).