From Investing.com: 2024-06-04 09:30:43

iExec’s latest upgrade to their DataProtector dev tool, known as the ‘Monetize Version’, empowers Web3 developers to maximize user control over digital assets and monetization potential. This innovation, reaffirming iExec’s commitment to data protection, introduces new methods for managing and monetizing digital assets for DApp users and content creators.

The DataProtector ‘Monetize Version’ simplifies DApp development, offering enhanced user ownership and monetization control through the introduction of the DataProtectorSharing module. This updated toolkit provides new SDKs with various monetization strategies that streamline sharing, distribution, and earning from digital assets. Transactions are secured using Confidential Computing hardware encryption and iExec’s DataProtectorSharing smart contract, ensuring seamless monetization through RLC cryptocurrency.

With enhanced features like data encryption, secure sharing, and diverse monetization options, the new ‘Monetize Version’ of DataProtector enables Web3 users to maintain control over their assets while exploring various monetization opportunities. This upgrade promotes secure sharing, rental, selling, and subscription bundling of digital assets, empowering users to maximize value and safeguard ownership rights.

By integrating blockchain technology and Confidential Computing, the DataProtector ‘Monetize Version’ revolutionizes DApp development by offering a streamlined approach to sharing protected data and earning RLC. This advancement supports independent smart contract initiation, eliminating the need for manual transaction management and ensuring end-to-end encryption and security during processing, courtesy of Intel SGX TEEs.

The ‘Monetize Version’ of iExec’s DataProtector dev tool enriches the Web3 community by fostering greater interaction and collaboration among users. This innovation enhances the Web3 ecosystem by enabling users to confidently manage, share, and monetize their digital assets, promoting a culture of innovation and growth within the community.

Read more at Investing.com: Revolutionizing Web3 Monetization & Ownership By Chainwire