Gilles Fedak is CEO & co-founder of iExec — a blockchain-based decentralized cloud computing platform running on the Ethereum blockchain. ^[1][2]

Education

Gilles Fedak earned a Master's degree in Computer Science from Paris-Sud University (Paris XI) in 1999. In 2003, he earned a Doctor of Philosophy (Ph.D.) in Computer Science from the same university. ^[1]

Career

Gilles Fedak became a Life Fellow in 2004 at the National Institute of Computer (INRIA) in France. After earning a Ph.D. from Paris XI, he went on to work as a postdoctoral fellow at the University of California, San Diego from 2003 to 2004. His research interests are parallel distributed computing, focusing on the use of large, loosely coupled, distributed computing infrastructures to support demanding computational and data-intensive science. ^[1][3]

In April 2021, he became the Deputy Director of Redchain Lab and in June 2018, part of the Board of Directors at WiSEED. ^[1]

Fedak co-authored about 90 academic papers and two of them received the Best Paper Award. In 2012, he co-edited with C. Cérin the Desktop Grid Computing Book, (CRC publication). In 2015, he received the Chinese Academy of Sciences PIFI Award. ^[1][3]

iExec

Gilles Fedak co-founded iExec in October 2016 and serves as the CEO of the company. ^[1][4]

Located in Lyon, France, iExec is a blockchain-based project (running on Ethereum) that provides cloud computing services comparable to those of Amazon Web Services and Microsoft Azure but in a more decentralized manner. The main services of iExec allow users to have on-demand access to computing power, datasets, and applications over a decentralized network. This network is furnished by resource providers who are incentivized with tokenized rewards. ^[4]

"iExec is the first blockchain based fully distributed cloud platform. It changes the way we do cloud computing a lot. We are streamlining the blockchain and in particular on the Ethereum smart contract technology to create a sort of decentralized market place where everyone can monetize their servers, their applications and their data sets" - Gilles Fedak^[5]

iExec's products include the Marketplace, RLC token, Oracle factory, Confidential computing, etc.

RLC Token

The iExec RLC token is an ERC-20 token that serves as the platform’s primary medium of exchange. All transactions that occur on iExec’s decentralized cloud marketplaces are settled in RLC tokens, and workers need to stake RLC tokens as security deposits to be eligible to execute computation tasks. ^[6]

RLC token has a total capped supply of 87 Million. On April 19, 2017, iExec launched its token sale through an ICO and raised more than $12 Million in exchange for 86,999,784 RLC (69%). ^[6]