/biz/ - Business & Finance

if rlc was at rank 100 it would be at $4.75

Last bump for you faggots to buy before the pump

Facts for bed stories:

>The engineers behind it are 3 PhD in grid computing who developed numerous softwares (Bitdew, XtremWeb-HEP, etc...) used by scientific institutions (like the CERN) and continuously published research and algorithms during the last 20 years (see https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=gilles+fedak&oq=gille ). They worked to deploy the European Desktop Grid Infrastructure and for numerous big companies through Inria (Orange and Airbus among others). SONM and Golem teams are decades behind in terms of expertise.

>The cloud computing market was evaluated at $290 billions last year and some forecasts say it could reach $410 billions in 2020, I let you meditate on these numbers and the possibilities of iExec once the V2 will be released. I own some LINK myself but I think a decentralized marketplace for computer resources is an even bigger deal than decentralized Oracles, the first to do it well will be basically the « Gas Pump » of automation and bring such a leap forward in terms of efficiency compared to how computing ressources are managed these days (badly).

>No blockchain can scale without a second layer like iexec, even the projects promising hundreds of thousands or millions of tx/s (EOS, Cardano, Ziliqa, etc…) can’t handle computation of medium and surely not heavy tasks, they never will (with classical computing at least). I give you two example related to their partnerships: smart audits and video encoding/transcoding. Auditing these days implies to treat a lot of datas with reasonably complex algorithms, with video encoding it’s the same but even worse.

Trivia: Gilles Fedak (the Founder) was invited to have a breakfast with the french minister of economy and finance 2 days ago.

Iexec is coming for you Golem