iExec RLC (RLC) is a blockchain-based decentralized cloud computing platform that connects providers and users of computing resources. It allows secure, on-demand access to computing power, applications, and data, leveraging smart contracts for transparent transactions.
Kalkulator iExec RLC ke Rupiah (RLC to IDR)
Konversi Harga iExec RLC hari ini ke dalam Rupiah sebaliknya.
Key stats
Market Capitalization
IDR 1.469.209.823.210
Trading volume 24H
IDR 222.527.746.495
Volume / Market Cap
15,14608349192838332442 %
Fully Diluted Valuation
IDR 1.765.908.249.107
All time high
IDR 219.692
Circulating supply
RLC 72.382.548
Max supply
RLC 86.999.785
Total supply
RLC 86.999.785
About iExec RLC (RLC)
iExec RLC is a decentralized cloud computing platform built on blockchain technology. It enables the secure and scalable sharing of computing resources and data services by connecting resource providers and users through smart contracts. The native token RLC powers transactions within the ecosystem, ensuring transparency and decentralization.
iExec RLC (RLC) Working Mechanism
iExec operates as a decentralized marketplace for cloud computing services. It connects users (who need computational power) with providers (who offer their idle resources). By leveraging blockchain technology and smart contracts, iExec ensures secure and automated resource allocation, payment settlement, and task execution.
The workflow includes:
- Task Submission: Users submit computational tasks to the platform.
- Provider Matching: The network matches users with providers based on resource requirements.
- Execution & Verification: Providers complete the task, and the blockchain verifies the results.
- Payment: Users pay providers with RLC tokens after successful task completion
Uniqueness of iExec RLC (RLC)
- Decentralized Cloud Marketplace: Unlike traditional centralized cloud services (e.g., AWS, Google Cloud), iExec offers a fully decentralized alternative where users control their data and resources.
- Data Confidentiality: The platform implements cutting-edge encryption and privacy-preserving protocols, ensuring that data remains secure during computation.
- Resource Tokenization: iExec tokenizes computing resources, enabling fractional access and efficient distribution.
Advantages and Disadvantages of iExec RLC (RLC)
Advantages:
- Decentralization: Reduces reliance on centralized cloud providers.
- Data Privacy: Strong focus on secure and private data handling.
- Cost Efficiency: Potentially lower costs compared to traditional cloud services.
Disadvantages:
- Adoption Challenges: Competing with established cloud giants may slow adoption.
- Technical Complexity: Users need to understand blockchain technology to fully benefit from the platform.
- Market Volatility: The value of RLC tokens is subject to fluctuations, which may affect pricing predictability.
Features of iExec RLC (RLC)
- Resource Sharing Marketplace: Facilitates the trade of computing resources, such as CPU and GPU power.
- Decentralized Applications (dApps) Support: Provides infrastructure for dApps requiring off-chain computation.
- Data Monetization: Enables data owners to securely monetize their datasets.
- Smart Contract Integration: Automates resource allocation and payment through smart contracts.
- Stake-based Reputation System: Ensures trust and reliability among participants by ranking providers based on performance.
History and Development of iExec RLC (RLC)
iExec was founded in 2016 by Gilles Fedak and Haiwu He, both experts in distributed computing and blockchain technology. The project launched its Initial Coin Offering (ICO) in April 2017, raising over $12 million to fund development. Since then, iExec has established partnerships with major tech companies, including IBM and Intel, to enhance its cloud infrastructure and privacy technologies.
The project has continued to innovate, releasing multiple versions of its platform to improve scalability, data security, and developer support for decentralized applications. Today, iExec is recognized as a leader in blockchain-based cloud computing solutions.
How to Buy iExec RLC (RLC)
Interested in purchasing this particular crypto asset? You can buy iExec RLC (RLC) by following these steps:
- Install Nanovest app on the App Store or Play Store.
- Register according to the instructions.
- Verify your identity for security and convenience when buying crypto through the KYC feature which you can do in just 1 minute.
- Top Up your balance to your Nanovest account.
- Go to the Crypto menu, search and select iExec RLC (RLC).
- Click the Buy button and confirm the purchase with your desired amount. You can start with only IDR 5,000.
Before investing in the crypto asset, be sure to conduct research and analysis first. You can do this by checking the crypto asset profile, industry conditions, monitoring price movement trends, and observing its liquidity and trading volume. Performing this analysis is crucial so you can formulate an accurate investment strategy and minimize losses.
Is it Safe to Buy iExec RLC (RLC) on Nanovest?
Absolutely. Nanovest is supported by a number of professional partners with a strong reputation for providing quality services. One of these includes the technology backing of the S-Quantum Engine by Sinarmas Financial Services.
For global and US stocks, Nanovest collaborates with brokers registered with the Financial Industry Regulatory Authority (FINRA) in the United States – which ensures Nanovest users’ broker accounts up to US$500k by the Securities Investor Protection Corporation (SIPC) in the United States.
As for crypto assets, Nanovest is an Indonesian crypto exchange registered with the Commodity Futures Trading Regulatory Agency (Bappebti). The Nanovest platform itself is also insured through a partnership with Sinarmas Insurance.
Disclaimer
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