iExec RLC revolutionizes cloud computing with a secure, decentralized blockchain-based platform using RLC tokens. More
| Fully Diluted Valuation | $104.44M |
|---|---|
| 24H Trading Volume | $12.94M |
| 24H Low / High | $1.17 / $ 1.27 |
| Circulating Supply | 72.38 M |
| Total Supply | 87.00 M |
| Max Supply | 87.00 M |
| Categories | Artificial Intelligence (AI) 7 more |
|---|---|
| Founder | Gilles Fedak 1 more |
| Website | iex.ec Whitepaper |
| Socials | 8 more |
| Chains | Ethereum Ecosystem 3 more |
| Explorer | Arbiscan 4 more |
| Contracts |
0x607....a7375
3 more
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| Name | Pair | OG Score |
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In the rapidly evolving landscape of cloud computing, iExec RLC has emerged as a pioneering platform, reshaping how computational resources are utilized and accessed. Launched in October 2016, iExec represents a significant leap in the decentralization of cloud services. At its core, iExec is a blockchain-based infrastructure that facilitates the buying and selling of cloud resources. It stands apart from traditional cloud services like AWS and Azure by offering a decentralized network that harnesses the power of Desktop Grid computing. This unique approach allows for the utilization of idle computational resources across the network, offering an innovative solution to the limitations of centralized cloud providers. iExec's ecosystem is built on Ethereum smart contracts, ensuring a secure and efficient exchange of services and resources.
The platform's native cryptocurrency, RLC, is integral to its operation. Launched through an ICO in April 2017, RLC functions as the primary medium of exchange within the iExec ecosystem. Whether it's renting computational power or accessing datasets, all transactions on the iExec network are conducted using RLC tokens. This ERC20 standard token is not just a digital currency but the backbone of a system that incentivizes participation and contribution. iExec's diverse range of services includes the iExec Marketplace for trading computing assets, a Dapp Store for decentralized applications, and a Data Wallet that provides a secure way for data providers to monetize their datasets. The platform's unique Proof-of-Contribution consensus mechanism further enhances its value proposition by enabling off-chain computation services and on-demand datasets.
iExec's impact extends to various applications, such as eFast, which leverages iExec's distributed cloud for advanced computational methods in trading. This illustrates iExec's potential in revolutionizing fields like big data, AI, and fintech, offering scalable, secure, and cost-effective alternatives to traditional cloud services. The platform's security is reinforced by the Trusted Execution Environment (TEE), ensuring the integrity and confidentiality of computations. As a result, iExec not only stands as the forefront of decentralized computing but also paves the way for a more accessible, efficient, and secure digital infrastructure, truly embodying the decentralized future of cloud computing.
iExec RLC stands out for its blockchain-based decentralized computing, using a unique Proof-of-Contribution consensus, and offering on-demand cloud resources, which significantly differs from conventional cloud services.
Gilles Fedak and Haiwu He are the co-founders of iExec RLC. Fedak's background includes work as a research scientist at INRIA, while He has experience as a professor at the Chinese Academy of Sciences.
iExec RLC (RLC) boasts a diverse and notable group of backers and investors (Bpifrance, Techstars, Andressen Horowitz, Kleiner Perkins, CMT Digital, Intel, AMD, Microsoft Azure, Samsung SDS and more…) who played a crucial role in its development and success.
iExec RLC utilizes the Proof-of-Contribution (PoCo) protocol for consensus, which is designed specifically for off-chain computing and certifies the usage of external resource providers on the blockchain.
You can buy iExec RLC (RLC) on Binance, MEXC, Gate.ioBitgetCoinbase cryptocurrency exchanges.
