1 Level
6 Review
1 Karma
Review on ICON by Zara Gibbs
Launched in 2015, Ethereum was the first project to introduce the concept of…
Launched in 2015, Ethereum was the first project to introduce the concept of ‘Smart Contract’ in the blockchain world, opening the unforeseen possibilities of Decentralized applications(DAPPs). One of the decentralized apps that is a part of ICON Network is Blockchain ID, supporting new levels of protection and identification. Blockchain ID is issued through Smart Contract and can be used for verification in all communities. You can use it to verify your identity for broad spectreum of things, such as getting a student discount or openning a bank account.
Pros
- Universities U-coin is a first blockchain cryptocurrency platform used by major South Korean universities. Students can charge cryptocurrency using Smart Vending Machines that can be used for day-to-day payments and transfers at school.
Cons
- Hospitals Precision Healthcare Information System (P-HIS) is an initiative to boost data integrity and bolster inter-hospital data exchanges among leading institutions in South Korean healthcare. A milestone in medical information management, the project will culminate with development of H-sign, a blockchain-based digital signature system.
