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ICON team plans to hyper connect the world. Use cases of the technology provided by ICON include: Blockchain ID project, which is entirely based on smart contracts. It could potentially become a global means of authenticating and verifying its identity on the Internet. Whether or not the world is ready for such "improvements" remains to be seen. In addition, the team is working on a payment and exchange solution that could be of interest to banks and other financial service providers.
ICX started from 36.63 INR on 28th October 2017 and ascended up towards 68.73 INR on 31st October 2017.
And at 68.73 INR on 1st November 2017, ICX finally reached 90.62 INR on 30th November 2017 .
Initially started off at 95.64 INR on 1st December 2017 and moved up high to 369.45 INR on 31st December 2017 ending the year with a spectacular performance in the cryptocurrency markets.
ICON offers decentralized applications, inter-channel compatibility, real-time transactions, decentralized exchange, and more. In addition, there is support for artificial intelligence, which is certainly getting ICON out of the pack. The project also uses a decentralized consensus model rather than the unsystematic solutions found in most other blockchains.
In addition, the team wants to forge more partnerships with blockchain networks. A second service to be launched in the third quarter of this year is known as a "financial investment consortium".