ICON

ICON

ICON is a decentralized network formed by various independent societies connected by blockchain. It has linked various societies belonging to many banks, securities companies, insurance companies, hospitals, universities, e-commerce, etc. in South Korea. In this way, distributed application DApp services such as blockchain ID, payment and transaction can also be used across domains.

Announcement | ICON will be integrated into the Ledger hardware wallet in August: On July 29, according to ICON’s official announcement, ICON (ICX) will be integrated into the Ledger hardware wallet in August. [2018/7/29]

South Korea's largest public chain and cross-chain technology project, supported by a Korean consortium. The development team is all Korean (and there are a lot of them), and the application scenario is also Korean. The team consists of consultants, foundation council, blockchain, AI, design, marketing, security and other departments, with a huge and complete team structure of dozens of people. There is a strong lineup of investment institutions, including Pantera Capital, Kenetic Capital, Hashed, etc.

Swiss officials fear ICOs will tarnish Zug's reputation: According to bitcoin news, despite the success of Zug Crypto Valley in attracting businesses, some officials still worry that ICOs will bring unwanted attention. [2018/4/18]

Regulatory upgrades Some overseas registered ICO trading platform WeChat accounts have been blocked: According to Caixin reports, ICO "export to domestic sales" has aroused the vigilance of domestic regulatory authorities and urged relevant departments to take measures; Financial fraud crimes, regardless of whether they are domestic or overseas, must be managed. Caixin reported that a person close to the Internet Finance Rectification Office disclosed. "We should arrest people. As long as it is a financial fraud crime targeting domestic users, it must be managed regardless of whether it is inside or outside the country. We are urging relevant departments to block the IP addresses of overseas exchange platforms." [2018/3/6].{ }

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