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iExec RLC (RLC) to Australian Dollar (AUD) Conversion Table
About iExec RLC
iEx.ec aims at providing distributed applications running on the blockchain a scalable, secure and easy access to the services, the data-sets and the computing resources they need. This technology relies on the Ethereum smart contracts and allows building a virtual Cloud infrastructure that provides high-performance computing services on demand. iEx.ec leverages a set of research technologies that have been developed at the INRIA and CNRS research institutes in the field of Desktop Grid computing. The idea of Desktop Grid (aka Volunteer Computing) is to collect the computer resources underutilized on the Internet to execute very large parallel applications at the fraction of the cost of a traditional supercomputer. iEx.ec relies on XtremWeb-HEP, a mature, solid, and open-source Desktop Grid software which implements all the needed features: fault-tolerance, multi-applications, multi-users, hybrid public/private infrastructure, deployment of virtual images, data management, security and accountability, and many more. iEx.ec is developing a new Proof-of-Contribution protocol, that will allow off-chain consensus. Thanks to the Proof-of-Contribution, external resource providers will have their resources’ usage certified directly in the blockchain. iEx.ec aims to deploy a scalable, high-performance, secure and manageable infrastructure sidechain that will promote a new form of distributed governance, implying key HPC, Big Data and Cloud industry leaders. We believe in a future of decentralised infrastructure and market network, where Big Data and HPC applications, highly valued data-sets, and computing resources (storage, CPU, GPU ...) will be monetized on the blockchain with the highest level of transparency, resiliency and security - and iEx.ec as the key platform powering this future!