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iExec is a technology startup founded in France in October 2016. The team of 24 engineers and developers based in Lyon has set up a global market for computing power that relies on blockchain:
Companies and individuals exchange their servers, data and applications with each other. IBM, Intel and TF Cloud have already joined the marketplace as cloud providers. The enterprise solution (iExec V3) is used by emerging players in the areas of distributed machine learning, data rental and the internet of things.
RLC is the native token of the iExec cloud platform. In exchange for RLC tokens, users can utilize the network to rent servers, data and applications.
RLC is an Ethereum-based token used in the iEx.ec, a blockchain-based distributed cloud computing platform. Developers can rent computing power, servers and data centers and make their unused resources available through a unique marketplace on the Ethereum blockchain. The RLC token allows users to rent servers, data and applications to execute their distributed applications.
Try our free iExec (RLC) portfolio tracker if you want to efficiently keep track of your RLC and other coin/token investments.