ICONLOOP’s MyID Alliance Welcomes A New Member

ICONLOOP has been making lots of headlines these days due to various achievements.

It was recently reported that ICONLOOP aims to boost sales by 50% in 2020.

The firm plans to boost sales with about $14.7 million or KRW 18 billion, according to the reports coming from the Icon.ist.

During a recent interview that appeared in the Korean-language tech new outlet iNews, CEO JH Kim stated that this would allow the company to break through its break-even point.

MyID Alliance welcomes a new member

It’s been just revealed that the MyID Alliance welcomed a new member. Crypto company Delio revealed the other day that it joined the ICONLOOP-led DID network as a Growth Partner.

This new and exciting addition brings the number of entities that joined the MyID Alliance to 62.

The Icon.ist revealed that Delio is hoping to use the MyID platform in order to boost security and the convenience of its services.

Another issue important to note is ht fact that the company offers a crypto lending service via the important Korean crypto exchange Bithumb.

With the use of this service, users can get crypto-backed loans without the handle of the KYC procedures.

“ZDNet Korea quotes Delio CEO James Jung as saying that we now live in an era in which an untact DID platform. He said his company would offer users safer and more convenient lending using a trustworthy blockchain DID service, i.e., MyID,” the online publication mentioned above notes.

ICON’s ICX in the crypto market

If you’re wondering how’s the digital asset ICX doing today, well the coin is trading in the green at the moment of writing this article.

The coin is priced at $0.338023.

ICX is up by more than 2% in the past 24 hours and the coin is positioned on the 45th position on CMC.

Stay tuned for more ICON and ICX related news.


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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