Why Trade iExecRLC? - Finspot Academy

iExecRLC | CryptoSenko | Finspot Academy — kingsley Idemudia Ehidiamhen

So today I would be opening your eyes to something that you didn’t know before.

Let me remind you we don’t just buy projects because people are talking about it, we buy projects because we have done our DD (Due Diligence).

I would be talking about a project that could make us a lot of money or wealth. It has potential to grow from what it was. It is in the AI sector of Crypto .

The name of the project is iExecRLC

Here is my piece about this project:

What is iExec RLC ($RLC)?

iExec is a leading provider of blockchain-based decentralized computing. Its blockchain is utilized to organize a market network where people can monetize their computing power as well as applications and even datasets.

iExec does this by providing on-demand access to cloud computing resources. IExec can support applications in fields such as big data, healthcare, AI, rendering, and fintech. IExec was founded on Oct 16, 2016 with the goal to reinvent computing through the creation of a new cloud computing paradigm.

iExec relies on the xtremWEB-HEP, an open-source desktop grid software that implements features such as multi application, fault tolerance, multi users, deployment of virtual images, private infrastructure, data management, security, and much more.

Who are the brains behind IEXEC?

Gilles Fedak is the CEO and Co-founder. He was a research scientist at a postdoc in UC San Diego and at ATER at Sniversity Paris-Sud. He has a Ph.D in philosophy and computer science.

Haiwu He is the co-founder and Head of APAC at iExec. He was a professor at the Chinese Academy of Sciences and Innovation, a Transfer Reactor Engineer at ENS Lyon, the co-founder of iRentCPU, a Research Engineer expert at INRA and an assistant professor at Hohai university. He has a Ph.D in computing science.

What makes $RLC unique?

Application providers can monetize their algorithms and data providers that own valuable datasets can make them available for usage through iExec.

There is also the consensus protocol known as PoCo or Proof-of-Contribution that provides consensus over the off-chain computing.

IExec provides distributed applications running on the blockchain known as DApps scalable and easy access to servers, data sets and computing resources, it allows for a virtual cloud infrastructure that can provide high performance computing services on demand.

Now let look at the tokenomics of $RLC

Tokenomics of every asset in the cryptocurrency market is very sine qua non. Tokenomics help us to know if the token will be inflationary or deflationary. It spilled those problems. A token that is inflationary will not have the potential give good returns, because of too much or excess coins in circulation and it is bad when the team can’t control the coins going into circulation

Away from that, let’s stick to RLC.

IExec is a cryptocurrency on the Ethereum platform. More specifically RLC is an ERC-20 compliant digital asset.

RLC can be easily and securely stored, transferred, traded, and divided as well as used to make transactions.

The following are the parameters of IExec;

Maximum supply: 86, 999,785
Total supply: 86, 999, 785
Circulating supply: 80,999,785 RLC which is 93% of the total supply

As at the time of writing this article the market cap for RLC is $94,862,066 while the fully diluted market cap is at $101,890,355. Which means that it can grow 4times the market cap or 10times the market cap in the long run.

Currently at the time of writing this article it was trading at $1.17 .

The all time high of this token is $15.5 which means current price -92.5% from the ATH .

How is the iEXec RLC Network Secured?

IExec helps smart contracts overcome limitations with the ethereum blockchain including scalability privacy and connectivity

For a high level of security, iExec has developed TEE, otherwise known as Trusted Execution Environment. This is a secure area in a machine’s CPU that can guarantee the code’s execution. This guaranteed that codes cannot be tampered.

Finally, where can I buy iExec RLC ?

Top exchanges of where you can get RLC includes;