Innercore replaces traditional cloud providers, giving decentralized application developers an easy way to deploy and power their custom DApps throughout the decentralized internet.
The Smart Exchange is a Smart Contract running on the Ethereum blockchain.
ETH is the primary token that is used to facilitate conversion.
Pricing is determined by formulas, and is expressed in exchange ratios.
Transactions occur instantly, minimizing any transactional burden on developers and resource providers.
Payments to resource providers are made in tokens. They can be preemptively deposited into the Decentralized Payment Proxy (which is a smart contract on the Ethereum blockchain) by developers. The deposits are required to guarantee the availability of funds to resources providers who power applications on behalf of the developer.
As resource providers power applications, they accrue a balance of tokens. At their request, accrued tokens may be withdrawn from the Decentralized Payment Proxy and transferred to their own respective Ethereum account.