iEX.ec (RLC) is an ERC-20 token developed on the Ethereum blockchain and is used for incentivizing contributors in the network. "iEX.ec" is a decentralized and scalable cloud computing platform where service providers share their computing power using "Desktop Grid". It is a technology implied by iEX.ec which enables running large parallel applications at fraction of the cost of supercomputers.
iEX.ec platform has three components i.e. Marketplace, dApp Store and Data Marketplace. TheShow more [+] marketplace is the iEX.ec's hub for shared computing power where the users can buy it using RLC tokens. iEX.ec dApp store has several applications that can be used on iEX.ec platform. The data marketplace is where data can be sold or purchased using RLC tokens. For example, the results obtained from a complex application run on shared cloud computing can be shared with other users on demand against RLC tokens.
iEX.ec was co-founded by Gilles Fedak and Haiwu He. Gilles Fedak is a permanent INRIA research scientist since 2004. Haiwu He worked at Computer Network Information Center, Chinese Academy of Sciences in Beijing. The team consists of 18 other members.
iEX.ec is a node based system and uses Proof of Contribution protocol for consensus. The nodes are called "agents" in iEX.ec language. The agents are workers (computing power holders ready to share), Worker Pools (organizes worker contributions), app provider (dApps provider) and Dataset Providers (Valuable data holders ready to share). The two other entities are user and iEX.ec hub & marketplace.