ICON (ICX) today is trending at $0.115370 with a 24-hour trading volume at $5,032,799. The price has been up by 2.3% over the past 24 hours. It has a circulating supply of 510 Million coins and a max supply of 800 Million coins.

ICON MyID and Samsung

Seoul-based ICONLOOP leads ICON. Jonghyun Kim, the CEO of ICONLOOP, stated that “Samsung joined as a security ecosystem partner. At present, ICONLOOP is discussing ways to secure MyID’s on smartphones with security solutions such as blockchain key stores and KNOX. As a result, MyID is also likely to be embedded in Galaxy smartphones without a separate application. My ID will be available as a mobile ID card in the second half of 2020 and will evolve into a digital ID platform and a user-centered service by 2021.”

Using MyID, the user’s authentication data is secured in the ICON’s blockchain technology. After the first time use, the data is stored in the system. The next time when the user is looking to make use of the service, they need to provide biometric authentication using the Samsung Pass. The involvement of the third party is eliminated, and therefore MyID prevents the misuse of personal data.

Meanwhile, in South Korea, the Presidential Committee during the Fourth Industrial Revolution (PCFIR) has proposed that the government would move to bring cryptocurrencies to the financial mainstream using several measures, including derivatives.

The PCFIR stated, “It is no longer possible to stop crypto-asset trade.”

ICON Headlines for 2025

Krypto Maverick stated: “After a long wait, here I’m as an official ICON PRep with name HypoICON. Please follow @IconHypo for further updates.” He further added, “ICONists, start expecting big news/updates from ICON’s universe. This is just a start.”

By 2025, the following would be the headlines for ICON #ICX: 1. Biggest and most active community. 2. Most developed infrastructure. 3. The most used chain ever built.

The ICON Network continues to connect crypto to the real world. The network comprises various institutions like financial institutions, insurance companies, hospitals, universities, etc. ICON hyperconnects the world. ICX is traded in several major cryptocurrency exchanges.

C-rep, Citizen Node, ICON Republic, Representation Channel, and Notary Channel are the chief terminologies unique to the ICON network. The activity level of the ICON Network is measured in terms of the sum of the IISS scores of the individual participants.

The ICONex is a Wallet which supports different cryptocurrencies. It is convenient and facilitates quick transfer.


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