The ICON project enters the world of decentralized finance (DeFi) with this new update…Details here
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Answer The ICON project enters the world of decentralized finance (DeFi) with this new update…Details here
The ICON Foundation has announced a roadmap for next-generation blockchain software called ICON 2.0.
The update and new version of ICON will not require bridging or exchanging old for new (SWAP), but it will be seamless for existing users, while providing superior and advanced functionality, as stipulated Statement Published journalist.
The ICON 2.0 blockchain engine has been coded and written in Golang with an improved experience over the existing Python-based chainring, providing more speed, stability and scalability compared to the current architecture.
The new platform will also include interoperability features to support and operate decentralized finance (DeFi) solutions across various blockchain networks.
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The development of ICON 2.0 is expected to be completed by the second quarter of 2021.
In the same context, last August, Jeju Island, the most popular destination in South Korea, began tracking the spread of the Corona virus infection with the help of the ICON project’s ICONLOOP blockchain technology called Decentralized Identity (DID).
ICONLOOP has already signed an agreement with Jeju Province to combat the spread of the virus.
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Read also:
South Korea’s largest bank integrates an ICON project technology into a popular banking app
The ICON project enables interoperability across its main network
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