ICON Network Update: 20th Issue Of Its Newsletter Brings Innovative Aspects About The Network

As crypto enthusiasts probably know by now, the security token sector just got more competitive thanks to the ICON Foundation.

Not too long ago, the group released a strategic partnership with the Lichtenstein crypto exchange LCX, and the two companies are sharing valuable insight on the security token infrastructure, regulatory technology, and also compliance solutions as well.

Other goals of the partnership, according to the official notes are listed below:

“Work closely together to develop new standards for tokenized assets and how it could interconnect with other blockchains participating in the ICON network

Share of operational infrastructure in Liechtenstein and South Korea”

ICON plans to become the world’s largest interchain blockchain network

The ICON Foundation is the community arm of ICON Network – this is a blockchain protocol that’s based on the ICX crypto.

According to official notes, ICON is a 4th gen blockchain that uses an economic government protocol that’s called DPoC, which enables ICON to handle hundreds of transactions per second. The main goal is to establish a decentralized network of interconnected blockchains, and this is definitely not an easy task.

But, all in all, ICON plans to become the world’s largest interchain blockchain network.

ICON releases the 20th issue of its newsletter

AltcoinBuzz reveals that ICON recently released the 20th issues of the newsletter which updates enthusiasts with news and innovative aspects about the ICON Network.

The same online publication notes that some major updates include the first selections for the P-Rep delegation, the contribution proposal letter release and the security token infrastructure.

Another issue worth mentioning is that ICON also revealed its partnership with Chainlink not too long ago and you should check out more exciting details from previous notes.

In terms of pricing, ICON is trading in the green and the coin more than 8% up. It’s currently priced at $0.342424.


Companies Mentioned

CoinMarketCap
CoinMarketCap

CoinMarketCap is a website that provides cryptocurrency market cap rankings, charts, and more. It was purchased by Binance for $400M in 2020.

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Eduard Watson Author

An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.

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