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# 159th
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The use of Big Data is now used to create new innovative services and markets. The problem is the cost of the infrastructure needed to handle large amounts of data.
IEx.ec makes these opportunities available to small structures by giving access to a P2P network managed by a blockchain based on the Ethereum model. All the computers connected to this network offer a part of their computing power and the addition of these powers allows you to do tasks previously reserved for supercomputers and at a lower cost.
Transactions (purchase of calculation power and payment of the power injected on the network) are made in RLC, the cryptomonnaie of the project, whose capitalization reaches $ 40 M in May 2017.
IEx.ec makes these opportunities available to small structures by giving access to a P2P network managed by a blockchain based on the Ethereum model. All the computers connected to this network offer a part of their computing power and the addition of these powers allows you to do tasks previously reserved for supercomputers and at a lower cost.
Transactions (purchase of calculation power and payment of the power injected on the network) are made in RLC, the cryptomonnaie of the project, whose capitalization reaches $ 40 M in May 2017.
Market capitalsation | > 20 M$ |
Language | english |
Market Price | |
Monitored since | 2504 days |
Accepted countries | All |
They use iExec RLC (RLC) |