Review on ICON by Flourish Titilope (Abesther)

ICON is a platform designed to promote the interoperability of independent blockchains (also known as communities). Within the ICON platform, a community is defined as a network of nodes that follows a single governance system. An evolving field, called DeFi, is short for decentralized finance. ICON’s proprietary decentralized exchange creates and manages foreign exchange reserves for each ICON-related blockchain network, enabling all members of the ICON “community” to easily exchange value in real time.



ICON cooperates with several large blockchain "partners" through its network, mainly in the fields of finance, government, and healthcare. The company recently announced that a South Korean resort on Jeju Island will begin using ICON's decentralized identification program to provide secure contact tracking for resort visitors who have tested positive for COVID19. Blockchain network virus. ICON includes various services, such as BROOF, which is a document issuing service used by Pohang University to issue diplomas. The digitization of diplomas can prevent fraud and enable employers to easily check the education status of potential employees. The company also provides anti-spam technology to South Korean government agencies, not just advertising. Orson Bank.



There are reasons why block chain acts as an intermediary or bridge between different block chains and networks. This feature provided by ICON makes ICON unique in its tasks for different networks so far. ICX currently has 580 million ICX in circulation and another 800 million in cash. If you want an exchange platform to exchange your ICX conveniently, then Binance is the platform you have always needed. ICON is not always without problems. The risk of creating a centralized platform and cryptocurrency. However, if the concept behind ICON is perfect and successful, we can explore an environment that is certainly beneficial and prosperous, simplifying many factors in the cryptocurrency world.