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Iexecusdanalysis

iExec RLCWhat Is iExec RLC (RLC)? iExec is the leading provider of blockchain-based decentralized computing. Blockchain is utilized to organize a market network where people can monetize their computing power as well as applications and even datasets. It 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 cloud computing through the creation of a new cloud computing paradigm. Total Supply 86,999,785 Strongly undervalued price comparing to Total Supply. Partnered with Microsoft Azure few times ago. ------------------------------------ Trading Parts : ------------------------------------ Buy Zone : 4.7$ (Now) - 4$ (Rebuy More) TP1 : 7.5$ (Security TP) TP2 : 15-16$ TP3 : 24.5$ STOP : 2.8$ ------------------------------------ Stay Safe + Follow TheKing Happy Tr4Ding !
Long
by thecryer
26
iExec RLC price will be able to repeat the growth as in 2020 ?What is iExec RLC? iExec is a provider of decentralized computing based on the blockchain. Blockchain is used to organize a marketplace network where people can monetize their computing power, as well as applications and even datasets. This is done by providing on-demand access to cloud computing resources. IExec can support applications in industries such as: "big data", healthcare, artificial intelligence (AI), rendering, and fintech. Application vendors can monetize their algorithms, and data providers who own valuable datasets can make them available for use through iExec So why should you pay attention to RLC if the price stays above $1.30 in the coming days/weeks? the project was founded in 2016, and the RLCUSD, RLCUSDT trading pair has been on crypto exchanges since 2017 (it has survived more than one crypto winter, and is still developing) RLC token reached its maximum price at the peak of the DeFi boom, as it is directly related to the DeFi sector. RLC token can be used in the field of "artificial intelligence (AI)," and the hype around it is only gaining momentum. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
39
RLC (iExec RLC) Token Analysis 23/03/2021Fundamentals: iExec is the leading provider of blockchain-based decentralized computing. Blockchain is utilized to organize a market network where people can monetize their computing power as well as applications and even datasets. It 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 cloud computing through the creation of a new cloud computing paradigm. As such, iExec relies on the XtremWeb-HEP, an open-source desktop grid software that implements features such as multi-applications, fault-tolerance, multi-users, deployment of virtual images, private infrastructure, data management, security and much more. The iExec network has been made up of computing resource providers. These are known as iExec Workers. If users want to be these workers, they can connect their machines and will be rewarded with RLC tokens for contributing their resources to the network. Application providers can monetize their algorithms, and data providers that own valuable datasets can make them available for usage through iExec. Then there is also the consensus protocol known as PoCo or proof-of-contribution that provides consensus over the off-chain computing. Thanks to this proof-of-contribution, external resources providers have the usage of their resources certified on the blockchain itself. IExec also provides distributed applications running on the blockchain known as DApps scalable secure and easy access to servers, data-sets and computing resources, and since all of this works on Ethereum, it allows for a Virtual Cloud Infrastructure that can provide high-performance computing services on demand. As such, iExec supports the emerging class of blockchain-based distributed applications and enables cost-effective, high-performance computing through a decentralized cloud infrastructure. Through making access to machines easier, a distributed cloud will allow a drastic increase in the environmental footprint of data centers. When it comes to the Founders of iExec RLC, Gilles Fedak is the CEO and co-founder. Before he began work on iExec, he worked in INRIA as a research scientist at a postdoc in UC San Diego and at ATER at University Paris-Sud. He has a Ph.D. in philosophy and computer science. Haiwu He is the co-founder and head of APAC at iExec. Before that, he was a professor at the Chinese Academy of Sciences, an innovation transfer research 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 sciences. This means that iExec is built upon the work of team members who have done INRIA and CNRS research in the field of desktop grid computing. Technical analysis: there exist a bearish divergence of Price and MACD which is the sign of trend reversal or Some retracements. post retracement there are total of 3 Targets Defined by Fibonacci Projection of the retracement Wave.
by BitonGroup
8