ICON is a cryptocurrency that you will certainly hear a lot about in 2018. This company was formed in 2015. However, it is only at the end of 2017 that it has made itself a place of choice in the cryptocurrency market following an ICO (a fundraising cryptocurrency) that allowed the project to raise 150,000 ethers, equivalent to 42 million dollars, in just 6 hours!
ICON is not just a blockchain, it's one of the largest blockchain networks in the world. By launching ICON, the South Korean company Dayli Financial Group has created a network enabling communities of different blockchains to connect with each other through smart contracts. The ICON wallet also allows instant payments and exchanges.
What does ICON do and how does it work ?
Projects like ICON certainly offer a lot of promise, the team wants for integrating the blockchain into people's daily lives. ICON offers decentralized applications, inter-channel compatibility, real-time transactions, decentralized exchange, and more. In addition, there is support for artificial intelligence, which is definitely getting ICON out of the pack. The project also uses a decentralized consensus model rather than the unsystematic solutions found in most of the blockchains.
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