iEx.ec Network Token

What is RLC and how Does It Work?

iExec, co-founded by Gilles Fedak and Haiwu, establishes its base in Lyon, France as a decentralized, open-source cloud computing platform built on the Ethereum blockchain. Fedak operates as CEO and collaborates with Haiwu, a Ph.D. graduate from University Sciences Technologies Lille, and Oleg Lodygensky who serves as the CTO. The platform primarily empowers decentralized applications (dApps) to leverage computing resources within the iExec cloud, extending support to smart contracts and other platforms. It harnesses resources like servers, databases, and computer farms, thereby driving the processing of computations both within and outside the blockchain.

Underlying the iExec platform is the XtremWeb HEP, an operative Grid Software that congregates available resources to meet the needs of diverse applications and platforms. It incorporates components aimed at ensuring multi-user access, integrated public/private infrastructure, virtual image deployment, data management, and more. A unique attribute of iExec is its evolution of a decentralized computing network on the blockchain, marking a notable distinction from other decentralized cloud storage projects. The main focus is upon dApps and a future decentralized internet flourishing from blockchain. The operational framework of the iExec team presents a diverse approach to decentralized computing as compared to other protocols.

The Vision and Mission Behind RLC

RLC, or iExec RLC, is an ERC-20 token that contributes to the broader iExec ecosystem. It harnesses the potential of the Ethereum blockchain to permit exchanges within the framework. RLC allows the exchange of computational resources and lets you borrow decentralized applications (dApps). As part of its function, this token enables the assigning of value to digital resources, creating a balance in the market and facilitating Full-stack dApp development within the iExec ecosystem.

How to Buy and Store RLC?

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RLC Metrics:

• Current price: $2.2993

• Market cap: $166.43 M

• All-time high: being indexed (being indexed)

• All-time low: being indexed (being indexed)

• Daily trading volume: $2.02 k