IEXEC White Paper Quote #3 : Why now


This quote is from IEXEC White Paper (p. 8).

5. Why now

Convergence of several trends has created the optimal business environment for a distributed Cloud infrastructure.

First, the emergence of blockchain Proof-of-work tokens of value has resulted in vast pools of computing resources that are optimised to seek the highest return on investment, providing ample resources on the supply side.

Second, smart contracts have reached the point where they can include all the complexity of a market network for distributed computing resources, vastly simplifying the infrastructure.

And third, in addition to traditional Cloud computing users, a new breed of distributed applications is coming into prominence, disrupting the incumbents and showing potential great promise for the future.

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