Tagged: iconloop

September 27, 2020 @ 7:07 pm By Omar Faridi  |  

Markus Jun, founder and CEO of ICON’s Accelerator Partner and Seoul Launchpad of ICXStation, HyperConnector (online accelerator for the ICON ecosystem), recently confirmed that ICONLOOP will be working cooperatively with Pohang, POSCO and POSTECH to develop a (decentralized ID) DID ecosystem with MyID. Jun noted… Read More

September 24, 2020 @ 7:56 pm By Omar Faridi  |  

Markus Jun, founder and CEO of ICON’s Accelerator Partner and Seoul Launchpad of ICXStation, HyperConnector (online accelerator for the ICON ecosystem), recently confirmed that ICONLOOP‘s VisitMe has surpassed 100,000 users and more than 1,000 sites are now using the service. Jun noted that these sites… Read More

September 17, 2020 @ 10:18 pm By Omar Faridi  |  

BlockArrow Capital, an alternative asset fund focused on investing in the blockchain sector, reveals that there are 463 blockchain or distributed ledger tech (DLT) focused developers that have created 13 new ICON Foundation projects for the ICON ecosystem. The projects have been developed thanks to… Read More

September 6, 2020 @ 1:51 pm By Omar Faridi  |  

Blockchain-based decentralized identity authentication services (DID) could potentially replace public certificates that are used for financial services, which may include those for mobile banking. This particular use case was recently commercialized for the very first time by South Korea’s Shinhan Bank. As mentioned in a… Read More

September 2, 2020 @ 10:41 pm By Omar Faridi  |  

South Korea based Shinhan Bank, one of the nation’s largest financial institutions, has established a Fintech lab in order to work closely with other IT and financial technology firms in other countries. Shinhan Bank reportedly began remodeling its Myeongdong branch building in order to set… Read More

August 20, 2020 @ 9:34 pm By Omar Faridi  |  

South Korea’s ICONLOOP, a major blockchain or distributed ledger technology (DLT)-focused firm, revealed on August 19, 2020 that Jeju Island, the nation’s most popular local tourist destination, will be using its Decentralized Identity (‘DID’) blockchain tech to offer private, secure COVID-19 contact tracing to (approximately)… Read More

July 6, 2020 @ 10:32 pm By Omar Faridi  |  

South Korea’s ICONLOOP, a company that developed its own blockchain-powered engine, loopchain, which is used for various Internet services, has reportedly acquired KRW 6 billion (appr. $5 million) in additional investments.  The company has secured a total of KRW 16 billion (appr. $13.4 million) in… Read More

June 5, 2020 @ 9:32 pm By Omar Faridi  |  

ICONLOOP, ICON’s technical partner, has reportedly been chosen to receive funding from K-Growth’s $100 million Fintech Innovation Fund. Markus Jun, founder and CEO of ICON’s Accelerator Partner and Seoul Launchpad of ICXStation, HyperConnector (online accelerator for the ICON ecosystem), noted via Twitter that one of… Read More

October 9, 2019 @ 9:52 pm By JD Alois  |  

Prominent blockchain startup ICONLOOP has raised KRW 10 billion (over USD 8 million) in Series A funding. ICONLOOP, based in South Korea, says this is the first VC investment since its launch in 2016. Investors included Korea Technology Finance Corporation (KOTEC) and T.S. Investment. ICONLOOP… Read More

August 20, 2019 @ 1:59 pm By Samantha Hurst  |  

ICONLOOP, a blockchain enterprise based in South Korea, announced on Tuesday it has apply its blockchain-based certificate issuance service, which is called broof, to ‘ARTnGUIDE’, an online service platform in Korea for co-purchasing works of art operated by Yeolmae Company. ICONLOOP reported it has signed… Read More

June 26, 2019 @ 7:58 am By JD Alois  |  

ICONLOOP, one of the largest blockchain enterprises in South Korea, has received regulatory approval for its ID services, according to a note from the company. ICONLOOP uses a proprietary blockchain engine “loopchain.” ICONLOOP has created a blockchain based digital ID service that may be used… Read More

April 12, 2019 @ 7:59 am By JD Alois  |  

International Telecommunication Union (ITU), a United Nations’ specialized agency for information and communication technologies, has signed an agreement to work with South Korean blockchain firm ICONLOOP. According to a release, the goal is to establish a high-level framework of cooperation in the area of the… Read More