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Review on ICON by Ellen Ries

Revainrating 5 out of 5

The ICON network aims to be highly usable, making it possible to utilizeโ€ฆ

The ICON network aims to be highly usable, making it possible to utilize blockchain technology in daily lives. Throughout project development, the team has worked to create real-world applications to be used by real communities and businesses. ICON will also have DAVinCI, the artificial intelligence solution from ICON that major financial institutions already trust

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Pros
  • ICON also has an official wallet service, ICONex, which enables users to create and manage multiple addresses. ICONex support ERC-20 compliant tokens, which means ICONex supports every cryptocurrency that was created on the Ethereum network. You can create your own wallet only via a Chrome extension
Cons
  • The ICON network already exists, and the project has it growing even more to improve numerous functions. At the moment, just some of the communities on the ICON network include e-commerce, banks, universities, securities, insurance companies, and hospitals. The decentralized applications provide benefits for both these communities and those that will use the network in the future.

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