The ICON project is building a global decentralized network.In the ICON world, independent blockchains with different governances can transact with one another without intermediaries. Dozens of reputable institutions are already in the network. Anyone can create a new blockchain project and join the network. The resulting structure has an emphasis on real world applications other digital currencies lack. ICON is one of the largest blockchain networks in the world.
By implementing Shipit tokens and using the blockchain we want to build relationships between users based on transparency, safety and ease of tracking for all deliveries on the platform. While courier services are becoming more expensive, Shipit allows users to ship and track open packages at lower costs and risks. ICON is a blockchain technology and network framework designed to allow independent blockchains to interact with each other.
Internet, together with other modern technologies, gave birth to a new form of art. Everyone can express themselves in any way imaginable and their work can be easily seen all around the globe. From video performances of various talents and breathtaking photos of nature to trendy jokes, funny clips and cat memes. On the other side, tens of millions of viewers are amused, amazed and even enlightened by this snack content. Shipit is a symbiosis of best ideas and practices of courier, crowdsource and crowdshipping services.
ICON can be described as an interconnecting blockchain network, ICON has the ability to connect independent blockchains without the use of any additional, third-party intermediaries. By using the ICON platform various blockchains become able to indepndently communicate with one another. By connecting siloed blockchains, ICON aims to become the most expanisve blockchain in existence. ICX is used as an intermediary currency when transacting amongst the different blockchain networks.
We have synthesized the best business practices to create a revolutionary and unique service. Just as Uber and BlaBlaCar have already become a part of our daily lives, Shipit is going to become an irreplaceable tool for shipping. It is the first app of its kind that will use smart contracts and blockchain as a native tool to make people lives easier all around the world.
The ICON project is building one of the largest decentralized networks in the world. In the ICON world, independent blockchains with different governances can transact with one another without intermediaries. It is a loopchain-based smart contract digital protocol, which will allow ICON participants to facilitate, verify and enact agreements. ICON is a decentralized blockchain network focused on interoperability. With ICON’s “blockchain transmission protocol”, independent blockchains like Bitcoin and Ethereum can connect and transact with each other.
ICON developers claim that their main objective was not to simply connect blockchain nodes, but to conduct a profound research of community-to-community connectivity. ICON’s initiative was to create a protocol (or cryptocurrency) that could be used in the real world within and between actual communities. ICON is an interconnecting blockchain network that connects independent blockchains without additional intermediaries and ICON provides unique blockchain solutions to banks, hospitals, and universities.
Any exchange of information can technically be added to a blockchain, though adding some types may not be cost-effective. Transactions involving securities, currencies, business contracts, deeds and loans, intellectual property, and personal identification could be “tokenized. ICON is a decentralized blockchain network, purpose-built to facilitate interoperability between communities of independent chains. The ultimate aim of ICON is to serve as the framework for a web of chains comprising enterprises and organizations from industries like banking, health care and education. Each can each formulate their own governance system, while remaining connected through the “loopchain”.
- Ispolink’s blockchain based product facilitates the processes for filling roles by providing a full cycle recruitment system.
- Upcoming Aluna.Social Aluna.Social is a multi-exchange social trading terminal for cryptocurrency traders and investors.
The Dayli Financial Group is a Korean firm that specializes in financial innovation and technology. If you’ve ever used the exchange Coinone, you might recognize the company’s name. They actually own the Korean platform that allows users to buy and sell various cryptocurrencies.
ICON also has a decentralized exchange (DEX) embedded that sets currency reserves for each C-Node to enable real-time exchanges between networks. So essentially both technology and value transfers are both done at optimized speeds. recognize Dayli as the owner of Coinone, a popular cryptocurrency exchange in the country. The ICON Network involves several self-governing blockchains working together.
ICON boasts independent blockchains composed of reputable institutions in major industries. ICON aims to build a decentralized network that allows independent blockchains with different governances to transact with one another without intermediaries. This is done by connecting a community to other communities through ICON Republic and Citizen Nodes. While blockchains are most commonly associated with cryptocurrencies, enthusiasts point out other areas where the technology can be applied.
ICON is supported through a cryptocurrency token, called ICX. ICON is a South Korean-based company that developed a blockchain technology and accompanying cryptocurrency token called ICX. The company bills itself as an interconnected blockchain network, allowing participants in a decentralized system to “converge” at a central point. ICON is attempting to bridge a gap in the Crypto ecosystem by creating a decentralized network of different blockchain communities.
In this way, DEX complements C-Rep portals by establishing another gateway for ICON Communities to connect to the ICON Republic. ICON can connect independent blockchains without the use of additional third-party intermediaries.
Being an inter-chain blockchain, the ICON platform will also have the ability to host other ICOs on the ICON platform. The ICON Network is powered by a proprietary blockchain engine called ‘loopchain’ and has the ability to handle hundreds of transactions per second. In the long term, ICON Network aims to become an ‘interchain’ that connects multiple blockchains based on BTP technology. The ICON network is based on a proprietary blockchain technology (an open source project supported by the Korean government).
This opens up cross-chain use cases that are impossible without an interoperability layer like ICON. ICON Foundation is leading ICON project, one of the largest blockchain networks in the world, launched in 2017 with the vision of ‘Hyperconnect the World’. By using the high-performance blockchain engine, ‘loopchain’, ICON projects to connect various blockchain communities and build an environment where blockchain technology can be applied to real life. This DEX sets currency reserves for each blockchain community so that ICON communities can exchange value in real time through the ICON Republic.
Upcoming Aluna.Social Aluna.Social is a multi-exchange social trading terminal for cryptocurrency traders and investors. Ispolink’s blockchain based product facilitates the processes for filling roles by providing a full cycle recruitment system.
Various blockchains can communicate with each other through the ICON platform. By connecting siloed blockchains, ICON aims to become the largest blockchain in existence. Most crypto trading (even of projects like ETH) are based on speculative value more than real-world need of the currency. There’s a chance ICON’s main real-world dApp usage will remain in Korea, but that’s enough to gain it a lot of value.