Search
 Coin Explorers
Search
 Coin Explorers

Portfolio

Markets

Project Reviews

Founder Stories

Features

Guides

News

Videos

Let’s stay in touch:

News

Biweekly on ICON: Interview With ICON Co-Founder JH Kim, Integration With Chainlink, Seoul Meetup, POSTECH to…

The ICON Foundation released a new docker image for the MainNet at UTC 05:00 on January 28th. These include loopchain 2.5.01, iconservice 1.6.00, and reward calculator 1.2.1. See the upgrades and…

Jan 30, 2020 · 3 min read
  • Share on X
  • Share on Facebook
  • Share on Linkedin
Biweekly on ICON: Interview With ICON Co-Founder JH Kim, Integration With Chainlink, Seoul Meetup, POSTECH to…

Social encounters Interview with ICONLOOP’s CEO JH Kim Korean-language business news outlet Money Today ran an interview with ICONLOOP’s CEO JH Kim on January 21st. Kim spoke about Korea’s blockchain industry and the direction in which it is moving. He pointed out that in Korea blockchain suddenly came under intense regulatory scrutiny in 2017 and 2018 as the technology became connected to cryptocurrency. However, the country is now taking steps to develop blockchain technology with several R&D projects and public initiatives under way. He regretted that the blockchain scene was now too focused on system integration projects for major corporations. He felt the government should cultivate the blockchain industry in a way that encourages the acquisition of source technology. He introduced ICONLOOP’s decentralized identification solution “my-ID.” In particular, he contrasts it with the certified certificates commonly used in Korea. Unlike the certificates, which only prove that you are you, “my-ID” proves you are you and includes personal information such as your age, where you live or bank account info. And all that info is protected by blockchain’s decentralization. Kim also introduced the MyID Alliance, the ecosystem that links ICONLOOP, my-ID users and my-ID acceptors. There are currently 44 entities in the alliance, including financial companies, internet service providers and major corporations. Moreover, he gave a detailed explanation of the blockchain-based self-sovereign identity authentication service DPASS and certification service Broof. ICONLOOP uses DPASS — which runs on the public blockchain — internally for getting into the office and logging into the corporate intranet, and that he expects the service to synergize and eventually merge with my-ID. DPASS uses the same technology as my-ID, and its decentralized structure ensures the security of your data. As the era of decentralization is inevitable, he wants ICONLOOP to become a blockchain company that leads that era with the goal of returning data sovereignty to the individual. Read the whole interview with ICONLOOP’s CEO JH Kim Meet-up with MakerDAO, Chainlink and ICON On February 11th at 7pm (KST), ICON will host a joint meet-up alongside leading blockchain projects, MakerDAO and Chainlink. The ICON Foundation are happy to host Kim Jin-woo, General Manager of Korean Community of MakerDao and Yeongin Lee, Korea lead for Chainlink. Bongan Ha, Cryptoeconomic architect of ICON, will also participate in the meet-up by discussing interchain and ICON’s roadmap. During the discussions, they’ll help visualize the finance, oracle, and interchain focus areas in more detail and hopefully give a clearer picture of how they can be developed to bring blockchain adoption to the masses. Participating projects: MakerDAO Maker is a smart contract platform on Ethereum that backs and stabilizes the value of Dai through a dynamic system of Collateralized Debt Positions (CDPs), autonomous feedback mechanisms, and appropriately incentivized external actors. Maker enables anyone to leverage their Ethereum assets to generate Dai on the Maker Platform. The Dai Stablecoin is a collateral-backed cryptocurrency whose value is stable relative to the US Dollar. Unlike other Stablecoins, Dai is completely decentralized. Chainlink Chainlink is a decentralized oracle solution that allows smart contracts to connect off-chain data used by data feeds, Web APIs and traditional banking systems. Chainlink is known to provide reliable and reliable Oracle for many projects (Web3 / Polkadot, Synthetix, Loopring, Kaleido, OpenLaw, Reserve, etc.), as well as many large companies such as Google, Oracle, and Swift. ICON Network ICON Network is a public blockchain network that builds a real life environment of blockchain technology through the connection of various blockchain communities based on the “loopchain”, a high-performance blockchain engine. Based on smart contract technology and interchain technology, we provide interoperability with heterogeneous blockchains in major industries such as banks, securities, insurance, hospitals, universities, and governments. ICON Network aims to move towards a truly hyperconnected society by removing barriers in the exchange of values ​​between blockchains.


  • Share on X
  • Share on Facebook
  • Share on Linkedin

Related News

Bitcoin has officially entered the Guinness World Records for a number of entries, the first of which is being recognized as the First Decentralized Cryptocurrency
News

Bitcoin has officially entered the Guinness World Records for a number of entries, the first of which is being recognized as the First Decentralized Cryptocurrency

Bitcoin now has multiple entries in the Guinness Book of World Records, including most valuable and the first decentralized cryptocurrency.

Oct 19, 2022

740 Million in Bitcoin exits exchanges, the biggest outflow since June's BTC price crash
News

740 Million in Bitcoin exits exchanges, the biggest outflow since June's BTC price crash

The technical outlook, however, remains bearish for Bitcoin, with the price eyeing a run-down toward $14,000 in Q4/2022.

Oct 18, 2022

Bitcoin Wins the Guinness World Record for First Decentralized Cryptocurrency
News

Bitcoin Wins the Guinness World Record for First Decentralized Cryptocurrency

Bitcoin has been honored as the oldest and most valuable crypto, while El Salvador is recognized as the first country to adopt it as legal tender. 

Oct 18, 2022

 Coin Explorers

PortfolioMarketsProject ReviewsFounder StoriesFeaturesGuidesNewsVideosTerms & ConditionsPrivacy Policy

Powered by

 Coin Explorers

Copyright © 2025 - All Rights Reserved