theloop at LA-Washington Blockchain Conference

Source: The Korea Financial Times / (View Original)

//Translated from Korean Language//

theloop, a company specializing in blockchain, announced on July 11 that it joined blockchain conference panels in LA and in Washington DC. Min Kim of theloop introduced its proprietary blockchain technology, as well as explained the ICON Project and ICX tokens.

On July 22, the โ€˜State of Digital Moneyโ€™ conference, organized by Cureativ in Los Angeles, USA, was held. At this event, presentations and discussions were held on the future financial environment and money. William Quigley, founder of Cashel Enterprises, a keynote speaker, said that the total virtual money market is 100 billion won (about 110 trillion won), while the real users who use virtual money more than once a week are 3 million. He emphasized the potential and growth potential of the virtual money market.

Min Kim is the only Korean panel officially participating in the above two conferences, introducing theloopโ€™s in-house developed loopchain engine. The ICON Project, ambitiously prepared by theloop, was received with enthusiasm by participants. ICON is a decentralized network to which various blockchain communities are connected and is already connecting various communities such as securities, insurance, hospitals, universities, and e-commerce.