Tagged: iconloop

Blockchain Firm ICONLOOP to Work with South Korea’s Pohang City, Steel Manufacturer POSCO, and Others on Supporting Decentralized ID Ecosystem

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

South Korea’s ICONLOOP’s VisitMe, an Electronic Guestbook QR Service that Digitizes Visitor Logs, has 100,000+ Users

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

More than 400 Blockchain or DLT Developers Now Working on 13 New ICON Foundation Projects

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

Mobile Banking App Offered by South Korea’s Shinhan Bank Now Uses Blockchain based Decentralized ID Authentication

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

Major South Korean Financial Institution, Shinhan Bank, Launches Fintech Lab, Will Also Use ICONLOOP’s Decentralized ID Solution

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

South Korea’s ICONLOOP’s Decentralized Identity or DID Blockchain Tech to be Used for COVID-19 Contact Tracing System

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

South Korean Blockchain Project ICONLOOP Acquires $5 Million in Additional Investments, After Receiving Capital from $100 Million K-Growth Fintech Innovation Fund

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

South Korea’s $100 Million K-Growth Fintech Innovation Fund to Provide Funding to Blockchain Project, ICONLOOP

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

ICONLOOP Raises USD 8 Million in Series A

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

ICONLOOP Applys Blockchain Service Broof to Co-Purchasing Art Service Platform ARTnGUIDE

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

ICONLOOP’s Blockchain based Digital ID Service Approved by South Korean Financial Services Commission

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

UN Agency International Telecommunication Union Partners with Korean Blockchain Firm ICONLOOP

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

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