/biz/ - Business & Finance

ICON is the Korean IBM/Hyperledger with a public blockchain and even more utility. It has been built from the ground up as an enterprise solution with a public blockchain. The business structure makes implementation and usage in companies very easy and low-risk for companies interested in the technology. ICON has already taken over the Korean enterprise blockchain space and people are just starting to realize just how big it will be. Even Ripple had to partner with Icon because they knew they couldn’t get into Korea. Icon is already too deeply rooted and spreading quickly. (Dayli is the ICON/TheLoop/Coinone parent company.

ICON already boasts an impressive list of partners. All of these consortiums either already have live market-ready services running on the blockchain or are currently running pilot programs (see Ucoin for universities and ICON’s automated insurance claims system). All of these will connect to the public ICON blockchain that is on track to go live at the end of this month. That’s right, this month. This isn’t another pie-in-the-sky idea that isn’t ready for prime-time yet (I’m looking at you ADA, EOS and many others).

This is the future of how blockchains will spread in businesses and how blockchain providers will work. Korea is far ahead of all others.

TL;DR: ICON isn’t the Korean Ethereum - it’s far superior.