$RLC The RLC cryptocurrency is the native token of the iExec platform, an initiative that aims to decentralize cloud computing using blockchain technology. Essentially, iExec allows users and developers to access computing resources on demand, as well as monetize their own processing power, applications, and datasets.
The RLC token is fundamental for the operation of this ecosystem. It is used as a means of payment to access the services of the platform, incentivize providers of computing resources (called "workers"), and ensure the security of transactions. iExec differentiates itself from other cloud storage projects by focusing on processing power, seeking to offer a decentralized alternative to giants like Google and Amazon in the field of distributed computing for decentralized applications (dApps). The platform also incorporates the "Proof of Contribution" (PoCo) consensus protocol, which ensures the reliability of off-chain calculations.
