/biz/ - Business & Finance

Digital Doggo

>>28628232
The CEO of iExec, Gilles Fedak, pioneered some of the world's first grid computing software solutions, programming and maintaining them for 16 years before founding iExec.

He also wrote the textbook on grid computing, and envisioned an even better solution using blockchain technology.

The cloud computing market is projected to grow to a multi-trillion valuation by 2030, and iExec is further ahead in development than any of its blockchain competitors.

iExec aims to assimilate future and existing cloud service providers into their marketplace, where anyone can buy and sell data and computational power for the best rates possible. Decentralized cloud services will maximize uptime, efficiency, and eliminate outages, saving businesses billions of dollars thanks to iExec's solutions.

Smart cities, 3D rendering, AI training, collateral for De-fi, scaling decentralized applications, data monetization, and confidential computing are just a few of iExec's applications.

iExec is poised to become the world standard for cloud computing. It's already been approved by the AMF (European SEC), and has obtained funding from Datacloud, the premier organization for data solutions and innovation. Iexec has worked with and received recognition from companies such as Intel, Google, and Microsoft, and has clients like Bosche as well as universities and medical facilities already using iExec to manage their data.

These businesses purchase RLC off exchanges in order to use iExec's services, and then lock them in a smart contract to obtain a regulation compliant version of RLC called eRLC. This lock up will create scarcity for the native RLC token, and drive up value as it becomes more widely adopted.

iExec's total supply is hard capped at 87 million, so there is no inflation, and the iExec team's treasury and revenue from its clients minimize the need for the team to market sell RLC to fund development.

Now if you don't buy a bag after reading this, fuck you and stay poor.