RLC Breaks Resistance By More Than 40%

RLC Breaks Resistance By More Than 40%

RLC, the native token of the iExec cloud platform, broke a crucial resistance at $0.82, and currently sits at 40% higher. iExec is a decentralized network giving applications access to trusted off-chain computation and data. Similar to most Decentralized Finance projects, the iExec platform runs on Ethereum. 

What is their business model?

iExec connects those in need of cloud computing resources with providers from all over the world while maintaining the privacy and security of the data. Payment to the providers is made in RLC. Therefore, the better the project performs, the more the token's value increases. 

 

iExec makes transactions more efficient and scalable, enabling new business models for various industries in the fields such as AI, big data, health, fintech, and rendering. The blockchain guarantees security, confidentiality, and traceability for the multiple sectors involved in the transaction.

Author’s Posts