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ICON (ICON)

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ICON (ICON) is a blockchain platform that is building a protocol that connects blockchain network together. Founded in 2017, the ICON Foundation wants to add a greater degree of decentralization in the blockchain space by making it possible for different tokens to work directly with each other, and access each other’s services and products. ICON also has Don Tapscott as an adviser, co-founder of the Blockchain Research Institute and  author of popular cryptocurrency book Blockchain Revolution. 

Research and development in inter-blockchain capabilities is particularly intense going into 2020, as startups and projects have realized that such a feature would mean greater liquidity, growth and quality for stakeholders in a blockchain network. 

ICON itself points to the example of the healthcare and insurance industries, an example commonly used in the media covering this space. Doctors and healthcare providers can refer to immutable, verified records of a patient that have been registered on the ICON network for the purposes of calculating insurance payments. These payments could then be used for any service on the ICON network like buying stocks or ether.

The ICON Foundation is focusing on this seamless use of data between blockchain networks. It is also open to permissioned networks.

The team employs a number of unique features to ensure a reliable and trustworthy network, and these have to do with its governance system, its transaction fees and SCORE operation, and its ICON Incentives Scoring System. The second refers to its transaction fee policy, and the third its consensus mechanism (Proof-of-Contribution) ands its reputation scoring system. The project’s yellow papers describe these in detail.

The team categorizes their development into 3 categories: blockchain, governance and services. The current focus, for each of these areas, is generally speaking ICON’s interchain protocol, its election and reputation system, and its key management and DEX services.


Crypto.com ICON (ICX) 50% Off with The Syndicate Live! Coming 26 May 2020

14 May 2020 1 minute read 0 comments Lis_23

  Good news from the pioneering payments and cryptocurrency platform Crypto.com! The platform has announced the listing of Icon(ICX) on The Syndicate Lite.  A discounted sale event fot 500.000 $ worth of ICX a 50% off. To be able to partecipate you m...

Icon... What does it's future hold?

19 Apr 2020 1 minute read 0 comments LockInTheValue

The Icon project has always been an ambitious one. Their goal is to 'hyperconnect the world by building the largest decentralised network on the planet'. It is a lofty goal, but one where they have made great strides in completing their roadmap targ...

Hyperlink Icon

16 Apr 2020 3 minute read 0 comments 0fajarpurnama0

Description Hyperlink icons are icons applied with hyperlinks. When the icon is clicked, the clicker will open the link designated by the creator of the hyperlink icon. The purpose in my opinion is to beautify and simplify links where there is a sayi...

Dracula (1931) One of the First Movies about Famous Vampire, the First Sound Adaptation of the Book (Review)

15 Apr 2020 1 minute read 6 comments Genaro

Plot: You already know it. Young solicitor is coming to Transylvania to count Dracula's castle on a business matter. Village people of warn him superstitions about vampires inhabit the castle. The painted exterior background is a minus of movie in...

Is ICON (ICX) A Good Investment? In-depth Analysis and Near to Longer-Term Expectations

17 Feb 2020 7 minute read 8 comments CryptoBoomer

ICON is one of the South Korea-based blockchain projects. When it was first introduced to the masses, many Korean crypto enthusiasts hyped ICON as if it was South Korea’s answer to Ethereum and NEO. ICON itself is a blockchain network with the main...

7 Cryptocurrencies Expected To Hit Record In 2020.

6 Feb 2020 2 minute read 0 comments kripto sedat

  7 Cryptocurrencies Expected To Hit Record In 2020   Note: * This Article Is Not An Investment Recommendation Cryptocurrencies in general have started 2020 with a nice performances. But some cryptocurrencies in particular are expected to continue t...

ICON (ICX) - A sleeping dragon this 2020?

3 Feb 2020 1 minute read 2 comments Magic Mike

It's going to be a very interesting 2020 with Bitcoin to be reduced by half. And let's not forget the effect this is going to have on alt coins? Can they still recover from a bear market that's been going on for the last two years and to what extent...

BEST BITCOIN PREDICTIONS! CORONAVIRUS SPREADS ON FIAT? PAY ATTENTION TO THIS CHART! DON'T FREEZE UP!

31 Jan 2020 1 minute read 0 comments CryptoBitcoinChris

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My Reviews on ICON

8 Jan 2020 1 minute read 0 comments Saurya

Well most of you might have already heard about ICON. If not, it is one of the blockchain projects from South Korea. South Korea is among the proactive countries to introduce new technology and it had also been nominated as world's most innovative co...

What is ICON (ICX)? [A Comprehensive Guide to ICON]

12 Nov 2019 7 minute read 4 comments Mr.CryptoWiki

Scalability may be the biggest problem that projects face right now. After all, if a single network is unable to scale to a commercial level of use, then the network is as good as worthless. But beyond this, there is a longer term problem that may pr...