IExec RLC Rlc Price USD

iExec is the biggest company that offers decentralised computing based on blockchain. Blockchain is used to set up a market network where people can sell their computing power, apps, and even data sets for money.

It does this by giving users access to cloud computing resources whenever they need it. IExec can help with applications in fields like big data, healthcare, artificial intelligence, rendering, and fintech. IExec was started on October 16, 2016, with the goal of creating a new way of thinking about cloud computing.

So, iExec uses XtremWeb-HEP, which is an open-source desktop grid software with features like multi-applications, fault-tolerance, multi-users, deployment of virtual images, private infrastructure, data management, security, and much more.

Providers of computing resources have made up the iExec network. iExec Workers is the name for these people. Users who want to be these workers can connect their machines and get RLC tokens in return for sharing their resources with the network.

Through iExec, application providers can make money from their algorithms, and data providers with valuable datasets can make them available for use. Also, there is a consensus protocol called PoCo, which stands for "proof-of-contribution." This protocol brings the off-chain computing to a consensus. With this proof-of-contribution, external providers of resources can verify that their resources are being used on the blockchain.

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