Quite some time for the pilot, but awesome news, hope they deliver.
The Seoul Blockchain Governance Team consists of 100 citizens comprised of college students, developers, corporate representatives, and more. The team plans to participate in a pilot operation of blockchain-based administration services, and provide feedback and recommendations from January 2019 through December 2020.
The price is 20c…almost the ATL. A 15% pump isn’t a big deal when the price is already down 98%.
If you’re going to FOMO into ICX, then this is the time to do it.
Are you being sarcastic
For real, under 25 cents is incredible. At this point we’re just looking for absolutely absurd deals. Gotta love the irrational behavior of crypto.
Quotation marks = sarcasm… That’s a pretty universal signal.
This is true
I really should have clarified I was aiming that at people looking for a quick day trade / scalp not at anyone looking for a long term buy.
Seoul Metropolitan Government appoints members of its ‘Blockchain Governance Team’ Using ICON’s Public Blockchain
Supports issuance and browsing through mobile phones, preventing falsification and fake issuance by recording history on the blockchain
(Image) Mobile letters of appointment based on the ICON public blockchain
February 8th, 2019, Seoul - The Seoul Metropolitan Government issued mobile letters of appointment to its Blockchain Governance Team using ICON’s public blockchain.
ICONLOOP, one of the largest blockchain enterprise in South Korea developed mobile letters of appointment for the Seoul Blockchain Governance Team. The mobile letter can be issued and browsed through the Governance Team member’s personal mobile phone. A Governance Team member can issue a letter of appointment with a name, member identification number and membership terms after accepting the terms and conditions.
Letter of appointment issuance records are stored on the ICON public blockchain, making falsification and fake issuance impossible. Also, authenticity of the record can be verified on the ICON Tracker (https://tracker.icon.foundation) by searching for a specific transaction. ICON Tracker is a block explorer for ICON that displays all transaction records on the network to enhance transparency and data accessibility.
According to ‘Plans for Blockchain City Seoul’ announced last October, Seoul Metropolitan Government has organized the ‘Seoul Blockchain Governance Team,’ aiming to provide blockchain administration services across several industries.
The Seoul Blockchain Governance Team consists of 100 citizens comprised of college students, developers, corporate representatives, and more. The team plans to participate in a pilot operation of blockchain-based administration services, and provide feedback and recommendations from January 2019 through December 2020. Additionally, they will participate in the development process of Seoul Metropolitan City’s administration services, which include mileage points integration, citizenship card services, online authentication without documents, protection for part-time workers’ rights, and sub-contract payments.
“We expect the increase in public blockchain use-cases led by government, and this appointment letter issuance is a starting point to show a clear example of how blockchain can be used in government” said J.H. Kim, council member of the ICON Foundation and CEO of ICONLOOP. Kim added, “ICONLOOP will focus on improving development capability to provide transparent and efficient blockchain-based administration services, cooperating with Seoul Metropolitan Government.”
ICONLOOP was selected as an operator of Seoul’s standard blockchain platform for the ‘Seoul Blockchain Demonstration Project’ and the ‘Seoul blockchain-based ISP (Information Strategy Planning) Project,’ which is commissioned by the Seoul Metropolitan Government. ICONLOOP has been applying loopchain, ICONLOOP’s proprietary blockchain engine, to the Seoul Blockchain Standard Platform, used car trading system, and mobile-voting system. Additionally, ICONLOOP has provided other individual verification services such as the citizen card, mileage points integration, subcontract payment, and others. ICONLOOP, as the sole operator, has analyzed blockchain-based unit activities and informatization status, and established a multi-phase plan for ISP.
The bullishness of this is 11/10. Off the charts compared to any other news any crypto has ever had.
You can literally look at ICON’s tracker and see the Seoul transactions taking place. This means ICX is finally being utilized for real world usage.
Really caught me off guard seeing it this soon, and it’s great to see the ICON’s dedication and hard work begin to flourish.
Insane how all this news comes out and positivity when price rises.
I heard that at 2 USD neat prices indeed
Gonna be a long HODL which many may not be able to do. POC looks like it wont end until December 2020. At that point they would probably be able to determine if ICON is the right choice for them, and THEN move forward with building shit for the public.
There’s not really another option. ICON has Korea’s market on lock down. They’re not going to use a foreign blockchain. Their only other choice would be to build one from the ground up which is not happening. Unless there’s some other amazing blockchain in Korea that nobody is talking about, ICON really has no competition.
There is a higher chance of that, yes. But we dont know where other projects will be by then too. Isnt Aergo/Blocko a competitor? Anyways, i cant see them spending nearly 2 years with a POC only to scrap it and try something else.
I said it’s along hodl 2 yrs ago. Nobody believes me! All good. I just know more than others.
@peter Very true. As someone who is actually building, I’m sure you understand better than most how long these things can take!
We don’t need true adoption to come to fruition at this point. We just need people to realize that ICX is incredibly undervalued and has far better prospects than pretty much every other crypto out there.