1 Level
11 Review
7 Karma
Review on ICON by Thu Trang
ICON believes that the world has already progressed into being divided not by…
ICON believes that the world has already progressed into being divided not by nationalities, but by communities. Hospitals, commerce, charities, educational institutions, banks, insurance providers – these are all communities who rely on each other to operate. These are systems of service providers who would perform better if they had access to the data security and services provided by related industries.
ICON was founded by the Dayli Financial Group, a $4 billion organization, in 2016 and many of its team members have worked for the company in the past. The Dayli Group also owns the Korean exchange Coinone.
Pros
- ICON runs its own decentralised exchange (DEX), which allows users to settle and exchange currencies in real time globally. This has large applications across a variety of sectors - especially banking and finance,Using its Blockchain ID technology - which is created via a smart contract, users benefit from simplified verifications across industries.
Cons
- They used the word smart contract way to much.
