What is iExec RLC?
French-Chinese project iEx (abbreviation from I Execute I calculate). At the heart of iEx is the Ethereum blockchain, which hosts the main application of the platform. The iEx project is a development of the CloudPower science project, created with the support of the French National Research Agency, INRIA, and CRNS. The company is based in the city of Lyon in France. An additional office is located in Beijing on the territory of Tsinghua University. The iEX platform uses Ethereum's public blockchain with Dapp. iExec can support applications in a wide range of fields, which even include IoT. As an open market, iExec encourages competition among suppliers, resulting in lower computation costs and improved service quality. However, it requires clarification of the fact that the management company is located in France, in a country that, unlike Switzerland or Singapore, does not give preferences to cryptocurrency projects. The qualification of the team looks very impressive, besides the ten years of experience in a related field, there are numerous developments. Support of leading scientific institutions of France also speaks in favor of the project. Despite the indisputable dominance of centralized platforms owned by large corporations Microsoft Azure, AWS and others, the technology of blockchain with its developed infrastructure allow startups to compete with giants.