ICON Showcases 3 Joint Blockchain Apps With Seoul Federal Government

ICON Showcases 3 Joint Blockchain Apps With Seoul Federal Government

ICON’s efforts to link South Korea in its blockchain-powered community are acquiring momentum. Just recently, at the Blockchain International Digital Celebration, which was hosted by the Seoul Metropolitan Federal Government, ICON demonstrated the three main components of its blockchain community for the homeowners of Seoul– ICON Blockchain Recognition Card, ICON Blockchain Vote, and ICON Blockchain S-Coin Payments.

What remains in shop for the homeowners of Seoul with ICON’s blockchain items?

The goal of ICON’s blockchain items is to develop a more trustworthy, democratic, and flourishing society.

Blockchain Person ID Card: The Blockchain Recognition Card is simple to establish. Users need to complete their standard information, and after that take their image on their laptop computer through web cam.

Next, the users click a picture of the QR created, which moves the ICON ID Card to their cellphone.

Blockchain Vote: The development of the Blockchain ID Card would allow the user to gain access to ICON’s ballot system. The ballot system has actually been produced as a part of ICONLOOP’s cooperation with the Korea National Info Society Company and the Korea National Election Commission. ICON has actually been functioning as a blockchain innovation expert to the 2 bodies to develop the “Next Generation Election System based upon Intelligence Info Innovation”.

The users who utilize ICON’s ballot system to vote would be rewarded in S-Coin, which had a pegging for 1 S-Coin = 1 Korean Won in the presentation.

ICON Blockchain S-Coin Payments: This blockchain item will allow users to negotiate cash-free and rapidly. The users will be needed to scan a QR code of the item which will move all the information of the item on to the app.

The payment for the scanned item can then be done instantly, cash-free with S-Coins.

Other Advancements and Future Strategies

ICON released its mainnet in April this year and left the Ethereum network onto their own blockchain network. Ever since, ICON has actually seen a series of advancements that include getting picked by the cosmopolitan federal government of Seoul as an operator of Seoul’s basic blockchain platform for ‘Seoul Blockchain Presentation Task’.

In May this year, ICON partnered with TRIVE to develop an instructional community with a concentrate on blockchain innovation. As a part of the cooperation, both entities will deal with co-developing blockchain courses which will be consisted of in TRIVE’s programs schools.

In June, Binance had actually revealed that it would be swapping ICON’s ICX ERC-20 tokens for the mainnet ICX, 5 months after the release of the mainnet. ICON just recently exposed that the main token swap for the ERC20 ICX Token had actually closed. The other exchanges which supported the token swap were OKEx, Upbit, Bithumb, Huobi, DragonEx, Bitrue, Gate.io, and WazirX.

ICON has actually likewise been going over the possibilities of making Jeju the blockchain center of Korea with the Jeju Governer. Previously in October, Park Won-soon, the mayor of Seoul, revealed a five-year strategy to invest $108 million and establish the city as a blockchain-powered clever city. The mayor likewise recommended making use of the S-Coin within administrations of the Seoul Metropolitan Federal Government.