ICONLOOP Appoints James Kim as Its First Advisor →

April 25, 2019

ICONLOOP:

ICONLOOP has appointed James Kim, the Chairman and CEO of AMCHAM Korea (The American Chamber of Commerce in Korea), as its first company advisor. ICONLOOP has found many ways of incorporating its technology into various industries in Korea and has grown rapidly to encompass approximately 160 employees within three years since its establishment in May 2016. ICONLOOP is making an all-out effort to become a more mature IT company this year as it marks the start of the blockchain’s full-fledged market entry.

Historically, ICONLOOP and ICON have maintained a conservative strategy when it comes to onboarding advisors. When advisory appointments do happen, it’s always significant in nature, and this case is no exception.

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ICONLOOP Partners with the United Nations’ ITU →

April 15, 2019

ICONLOOP:

 ICONLOOP signed a Collaboration Arrangement with ITU (International Telecommunication Union), which is the United Nations’ specialized agency for information and communication technologies, to establish a high-level framework of cooperation in the area of the ITU Smart Incubator Programme with the aim of providing support and know-how on blockchain related technologies to the global start-up ecosystems.

The ITU is the United Nations’ oldest specialized agency, and is responsible for “issues that concern information and communication technologies.” Among other things, the ITU’s responsibilities include coordinating usage of radio spectrum and satellite orbits, as well as assisting in the development of global technical standards. As part of its Smart Incubator Programme, which aims to assist AI, blockchain, and IoT startups, the ITU has chosen ICONLOOP as its blockchain knowledge partner. Let that sink in for one moment. The ITU, which focuses on global technical standards in the information and communications realm has selected ICONLOOP as its blockchain knowledge partner. This collaboration is likely a direct result from ICONLOOP’s recruitment of Josh Choi, the ITU’s former Programme Lead, and it makes sense from a technological perspective as well. ICONLOOP is essentially the private implementation department of ICON, a public blockchain project that is all about interoperability and facilitating communication across blockchains.

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The Crypto Lark Talks ICON →

April 6, 2019

I don’t agree with all of Crypto Lark’s views, but this is a well-researched update video about ICON. It’s worth a watch.

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Seoul Citizens Hall Appoints its “Policy Communications Team” on the ICON Blockchain →

April 5, 2019

ICON Foundation:

ICON’s public blockchain used by Seoul Citizens Hall — appointing 162 members of its ‘Policy Communications Team’, another use-case of blockchain based public certificates.

As a followup to the recent collaboration with the Seoul Metropolitan Government, ICON revealed that the Seoul Citizens Hall has appointed its Policy Communications Team on the ICON blockchain. The 162 appointments come in the form of timestamped ICX transactions with an embedded certificate image in the data field, and can be found here.

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ICONLOOP & SBI Savings Bank Releases Blockchain-Based Authentication Service →

April 1, 2019

ICONLOOP:

April 1st, Seoul  —  ICONLOOP has integrated its blockchain technology to SBI Savings Bank’s personal authentication service. ‘SBI Simple Authentication,’ the first blockchain-based authentication service launched in the Korean savings bank industry is now open to public.

SBI Savings Bank is a leading savings bank in South Korea with over $6.5 billion in assets. It is majority-owned by SBI Group, one of the largest financial services companies in Japan. ICONLOOP’s cooperation with SBI Savings Bank to build an authentication product is incredible news, but shouldn’t come as a surprise to followers of the ICON project

In a press release dated September 12, 2017, SBI Group announced a collaboration with DAYLI Intelligence to build financial service solutions using distributed ledger technology. Since DAYLI Intelligence is under the same corporate umbrella as ICONLOOP, it’s no surprise that loopchain, the engine that powers both ICONLOOP private chains and the ICON public chain, was the blockchain technology of choice for SBI Savings Bank’s consumer-facing personal authentication service.

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