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The post ICON set to power the South Korean blockchain economy? ICX Token and Loopchain explained! appeared first on Top Crypto Game.

This is done by connecting a community to other communities through ICON Republic and Citizen Nodes. While blockchains are most commonly associated with cryptocurrencies, enthusiasts point out other areas where the technology can be applied. Any exchange of information can technically be added to a blockchain, though adding some types may not be cost-effective. Transactions involving securities, currencies, business contracts, deeds and loans, intellectual property, and personal identification could be “tokenized.

ICON’s blockchain is more like the Plasma or Ontology blockchain in that its purpose is to act as an intermediary between other blockchains and networks. This interconnectability makes the ICON project worth keeping an eye on over the next decade.

ICON sports its very own decentralized exchange. This DEX sets currency reserves for each blockchain community so that ICON communities can exchange value in real time through the ICON Republic. In this way, DEX complements C-Rep portals by establishing another gateway for ICON Communities to connect to the ICON Republic.

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Read the Article:

TIMESTAMPS
0:00 Intro to Cosmos ATOM and ICON ICX
1:55 What is ICON?
2:19 ICON 2.0 and BTP
4:01 Major Regulatory Advantage
6:21 Value Proposition
10:09 ICON vs Polkadot
10:33 ICON vs Cosmos
11:02 ICON vs Solana Wormhole
12:00 ICX Price Prediction

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DISCLAIMER
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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The post The Next Cosmos? Icon ICX Price Prediction 2022 appeared first on Top Crypto Game.