iWeb3 is the internet's third generation. It intends to distribute power among its users. However, there are currently few ways to gain access to and monetize the resources that power Web3.

This is addressed by the iExec decentralized Marketplace. It enables the purchase and sale of computing assets such as processing power, applications, and datasets.

Exec's unique infrastructure combines the transparency and trust of Blockchain with a new technology called Confidential Computing. This unique combination not only ensures trust in transactions within the marketplace but also enables developers to build dApps that ensure digital ownership and enhance data privacy.

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FIAT Vs crypto

Digital or virtual money takes the form of cryptocurrencies, or simply "crypto." Only digital in nature, cryptocurrency is not governed by a single entity. On the other hand, "Fiat" money, such as dollars, euros, and pounds, is issued and managed by governments in collaboration with central banks.

The blockchain, a set of networks that records every cryptocurrency transaction, is the foundation upon which cryptocurrencies are built. Users communicate with each other directly, bypassing the middleman. Before being included in the official list of transactions on the ledger, each transaction must be verified.

To ensure that nobody can manipulate the system, a group of unique users on the network known as miners or validators, depending on the network, must concur that the record is legitimate. Anybody could become a miner or validator and validate transactions, which is why we call the network 'decentralised' as it's not run by a central authority.

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