1 Level
6 Review
4 Karma
Review on ICON by Abbie Osborne
Top-tier insurance companies have launched an automated insurance-claiming…
Top-tier insurance companies have launched an automated insurance-claiming service using Loopchain.
Japan’s largest social media messaging app, Line, is working with ICON on a project called Unchain, for its 200 million users to interact with the blockchain
Samsung is working with ICON on its new identity management project ‘Samsung Pass’.
TRIVE VC is creating an ICON-focused curriculum at TRIVE’s programming schools in Southeast Asia.
DAYLI Intelligence provides an artificial intelligence solution for the ICON network to establish optimal distribution policies.
Pros
- It is scalable and built to accommodate mass adoption. It works seamlessly with other third-party blockchain networks. It has strong institutional support. It has a large expert team.
Cons
- A proof of stake algorithm allows ICX token holders to stake their tokens to earn a passive income as well as vote for representatives that will in turn vote for network decisions on their behalf. ChainID is the world’s first blockchain-based joint authentication service based on ICON’s Loopchain to build a better digital identification system.
