About ICON

ICON already boasts communities comprised of reputable institutions – banks, securities, insurance, hospitals, universities, and more. ICON’s decentralized applications (DAPPs), including Blockchain ID and Payment & Exchange, can benefit current and future communities.

For instance, Blockchain ID can be issued by financial securities community and be used for ID verification in all other communities. Likewise, ICX issued by hospitals can be used for payment & exchange in all other communities.

Blockchain ID
Blockchain ID is issued through Smart Contract and can be used for verification in all communities. Open your next bank account in seconds. Receive student discounts without showing physical student IDs.

Payment & Exchange
ICON Wallet can transfer, settle, and exchange currencies in real time through DEX (Decentralized Exchange). It can be used in our everyday lives with our community network – banks, securities, insurance, universities, and much more.

Usability
ICON brings blockchain technology into our everyday lives. The team behind ICON has been building real-world applications for real communities. In addition, ICON will benefit from ‘DAVinCI,’ our artificial intelligence solution trusted by some of the largest financial institutions in the world.

Features

- Based on proprietary blockchain technology (Korea government-supported open source project);
- MVP (KYC Authentication) launching in September 2017 with 25 securities firms;
- Integration of proven AI solution used by some of the largest financial institutions including AXA Insurance.

Technical Info

Technical details:  ICON operates on loopchain with following technical features: - LFT (Loop Fault Tolerance) is an enhanced BFT (Byzantine Fault Tolerance)-based algorithm that promotes faster consensus and ensures the finality of the consensus without the possibility of forks within the network. - SCORE, loopchain's own Smart Contract platform, ensures contracts to run directly in the node operation environment without a separate Virtual Machine. - Multi-channel feature allows multiple independent channels to be created within the same blockchain network to execute request, consensus, and Smart Contracts separately. - Tiered access system to differentiate access rights to nodes with different functions The source code:  The code is fully available on Github. Proof of developer:  Public team

ICON Roadmap

 

  • Sep.2017

  • Pre Sale Start

  • Oct.2017

  • Token Sale Start

  • 4Q. 2017

  • MAIN NET Launch Decentralized Exchange Launch Wallet WEB/iOS/Android