Overview: iExec (RLC) the Blockchain-Based Decentralized Cloud Computing. Should you invest?

Overview: iExec (RLC) the Blockchain-Based Decentralized Cloud Computing. Should you invest?

iExec is the Blockchain-Based Decentralized Cloud Computing platform that is running on Ethereum

It is aiming to provide distributed applications running on the blockchain (DApps) a scalable, secure and easy access to the services, data-sets, and computing resources they need.

The ultimate aim of RLC is to develop a decentralised economy of different applications.

Team is based in France and they held an ICO where they raised 12M in April 2017.

iExec can support applications within a wide range of fields, from high performance computing to Internet-of-Things.

The use cases will vary and include:
– high performance computing (used to design innovative products)
– artificial intelligence and machine learning
– generation of huge amounts of data
– variety of scientific simulations
– used by financial sector for things like predictions and risk evaluations
– 3D rendering
– different cryptography tasks

All of that via cloud computing.

RLC stands for “Run on Lots of Computers”. RLC is a cryptocurrency that provides standard and secure payments.

iExec opened their online marketplace service which will allow anyone to offer their computing resources and interact directly with buyers.

On the provider side: servers and data centers can make their unused computing resources available in return for a fee in ‘RLC’.

Alternatively, on the buyer side: applications and developers pay in the cryptocurrency RLC to access these resources.

More information:

https://iex.ec/

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Love you but keep in mind that this is not a financial advice!

Comments

Andrew Platner says:

Are you Irish? From around Dublin perhaps? Just wondering – love your accent

Moise Nash says:

Check the chart history on RLC. It moves like a pump and dump. Did they pay for this advertisement?

Tim Kuefer says:

Would love some informations on Internet Node Token (INT), pretty hyped right now though its new

Sam says:

Thanks for the info. Please take a look at VEZT – lots of music heavyweights but not sure of technical team. Is it an undervalued gem? Would be happy to see your scores. Thx.

Garo says:

hey man someone recommended commerceblock in one of your hidden gem videos, i took a look at it and it looks solid, give it a look if you have a chance

easy tips says:

Ohhh finally now …about more than a week ago i asked u to make video about that i don’t know if u saw my comment there …

CaptainCoons says:

Can’t wait for your cloud computing comparison.

WHAT THE FUG :-DDD says:

Good video. Iexec is one of these really underrated coin which have a very impressive team (cutting edge background in distributed computing) and actually delivers but doesn’t really have the hype… yet.
Also one aspect not mentioned in the video is that RLC is used for staking too for their Poco system, data providers can sell data-sets and developers rent applications.

LittlePaws says:

Hey crypto coins. Can you take a look at new ico on jan 22nd called Bitcoinus. Looks interesting

Mille F says:

You should not miss this great ICO http://bit.ly/2DiZlTt their team developed powerful investment platform, now they have 8500 daily users and expanding rapidly, have 5 offices in Europe, expanding into USA, and Asian markets are next.

Martijn M says:

Can you make a video about how you would invest 1000 euro on Binance, if you had to entirely start over again?

Dan Anderson says:

Great informative video, as always! Thank you for doing these.

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