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Ethereum’s Path to Enterprise Success: iExec Enabling Safe Information Processing

by SB Crypto Guru News
June 5, 2023
in Ethereum
Reading Time: 3 mins read
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Ethereum’s Path to Enterprise Success: iExec Enabling Safe Information Processing

As a head of the Enterprise Ethereum Alliance Trusted Compute Working Group, iExec has performed a major function in driving the adoption of Ethereum know-how in enterprise purposes since 2018. iExec and Intel are head contributors to the primary Off-Chain Trusted Compute Specification.

EEA’s Offchain Working Group Led by Intel and iExec was initiated within the context of the Enterprise Ethereum Alliance (EEA), iExec and Intel each being members of the Alliance. The 2 corporations have launched a brand new EEA working group specializing in off-chain capabilities. Privateness has been a long-running subject within the improvement of the blockchain ecosystem. iExec and Intel’s collaboration is yet another step in the direction of the complete adoption of Ethereum blockchain for companies.

Azure Container Situations (ACI) has formally introduced the overall availability of confidential containers, incorporating enhanced safety and privateness measures for information processing on their serverless platform. They've partnered with iExec, to offer safer resolution for processing delicate information.

The confidential containers on ACI provide prospects a hardware-based and attested Trusted Execution Setting (TEE) for deploying Linux purposes. This method ensures that delicate information stays safe as bigger datasets are collected, enabling multiparty information analytics, machine studying inferencing, and environment friendly information processing. Notably, data-in-use is protected by processing it in encrypted reminiscence, including an additional layer of confidentiality. ACI additionally introduces execution insurance policies to confirm workload integrity and forestall the execution of untrusted code.

https://preview.redd.it/a29bf22v434b1.jpg?width=2800&format=pjpg&auto=webp&s=10d88ab6ec319a6d24705279978fcc9f05ea724f

“At iExec, confidential containers on ACI is a crucial part of our resolution structure that allows us to deploy buyer workloads that require the very best ranges of safety and privateness with out the complicated modifications required by different platforms. With confidential containers on ACI we are able to run our most demanding workloads which embody traceability, biometric authentication, AI fashions coaching/rental and cybersecurity. We’re happy with how Azure confidential computing helps us create new alternatives for purchasers with its safe environments for information sharing and utilization.” – Francis Otshudi, Chief Gross sales Officer

iExec's experience in constructing Web3 and blockchain tasks, with a concentrate on belief, confidentiality, and governance, aligns completely with the necessities of enterprises. Their safe resolution permits for the processing, sharing, and monetization of delicate information whereas retaining possession and confidentiality.

This partnership between Azure and iExec signifies a major step ahead in safe information processing throughout the Web3 ecosystem. It showcases iExec's dedication to revolutionizing enterprise Ethereum purposes whereas sustaining the very best ranges of safety and privateness.

iExec is proud to be included as a essential function within the Ethereum Enterprise Alliance Readiness Report for 2022, which assesses the capabilities and readiness of the Ethereum ecosystem for companies.

SOURCE :
https://entethalliance.org/technical-specifications/

EEA Ethereum Business Readiness Report 2022 – WIP

https://techcommunity.microsoft.com/t5/apps-on-azure-blog/confidential-containers-on-azure-container-instances-general/ba-p/3827460

https://www.intel.com/content material/www/us/en/developer/articles/technical/ecosystem-support-for-eea-trusted-compute-specification-v10-improves-blockchain-privacy-and.html

submitted by /u/Yderf337788
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Tags: Bitcoin NewsCrypto NewsCrypto UpdatesDataEnablingenterpriseEthereumsiExecLatest News on CryptoPathProcessingSB Crypto Guru NewsSecureSuccess
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