The digital currency objective of the icon is to provide a platform for all individuals in the financial, security, insurance, healthcare, education, and commerce industries to deal with and collaborate on a single network.
ICON is a decentralized network where transactions are approved by a distribution office in the network itself, not by a centralized reference. This minimizes the participation of unnecessary intermediaries, which significantly reduces costs. In addition, decentralization ensures the independence of the community. By connecting to a centralized system, it will be inevitable that the policies and system that the centralized organization must take.