Network Token

Icon (ICX)

The ICON Network is comprised of various institutions ranging from: financial institutions, insurance companies, hospitals, universities and more.

ICON is scalable not only to public blockchains(e.g. bitcoin, ethereum) but also private/permissioned, and other interchain blockchain networks. ICON will be in the center of connecting different blockchains to build a more valuable and scalable network.

A transparent governance system and artificial intelligence (AI) guided incentive system is at the core of ICON’s sustainable network. Through the mutual trust earned with our system, C-Reps and Nodes will actively contribute to the ICON community.

“In December of 2017, ‘BIA(Blockchain Interoperability Alliance)’ which functions as a linkage between independent blockchain networks has been formed. ICON, AION, and Wanchain, as the leading parties in this alliance, have collaborated their efforts and have shared their research for a common goal of developing inter-operational standards for interchain network and protocol architectures. The true potential of decentralized system lies in the fact that it can be infinitely expanded once the problems regarding scalability and inter-communication between blockchains are resolved. ”