1 Level
5 Review
5 Karma
Review on ICON by Thomas Pfaff
ICON, AION, and WAN all came together in December 2017 to form the BIA, in an…
ICON, AION, and WAN all came together in December 2017 to form the BIA, in an effort to capitalise on the individual advantages of each project. ICON, as we have discussed, wants to “Hyperconnect the World” by building the largest blockchain ecosystem in the world. AION, as we have already written about, is looking to become a common protocol for all blockchains to connect between one another, while WAN is building a system to allow digital assets to be securely transferred and exchanged across any blockchain system; if they all achieve their individual goals, this partnership would lead to an instant advantage to all parties, as they fit together ideally. AION would potentially give ICON the ability to connect to any AION-compliant blockchain, which should grow over time and remove most global barriers for ICON.
Pros
- The ICON team has been pushing towards several primary tech targets early this year, though several have not been realised as of now. The ICON mainnet was launched in late January, when the Genesis Block was generated and all ICX minted.
Cons
- Information on U-Coin and its technological background is limited at this point, but it is quite possible that the goal is for an entire campus management ecosystem to be built around it. How students use their scholarship funds, for example, could be tracked (and limited), and optimisation of supplies, scholarships, and fees could more easily take place, or even be automated.important for this data to find a safe home.
