Cointelegraph names ICONLOOP one of the biggest enterprise blockchain players of 2020
ICONLOOP has been named one of the biggest enterprise blockchain players worldwide in 2020 by Cointelegraph ( https://cointelegraph.com/ ), the global blockchain-focused media outlet that covers digital asset news and analyzes the technology, finance and blockchain markets. We are sharing the article below.
12 of the biggest enterprise blockchain players of 2020
Enterprise blockchain started gaining traction in 2017 shortly after Bitcoin had reached its all-time high of nearly $20,000. Since then, enterprise blockchain has mainly been defined by private blockchain networks used by businesses for things such as supply chain management.
The enterprise blockchain space has changed quite a bit since 2017. For instance, 2020 has brought in a number of enterprise blockchain use cases that leverage public networks rather than private ones. The COVID-19 pandemic has also driven many companies, both large and small, to use blockchain for guaranteeing proof-of-health or to revive tourism. Finally, some blockchain companies this year have started showing an interest in decentralized finance, taking steps to drive this new sector.
Listed below are a total of 12 companies and solutions that have made strides in the enterprise blockchain space this year.
ICONLOOP
South Korean blockchain company ICONLOOP was founded in 2016 to enable real-world blockchain applications within the banking, healthcare and government sectors. The company is headquartered in Seoul and has raised over $15 million in funding. ICONLOOP recently announced that Jeju Island, a tourism hot spot in South Korea, will use its Decentralized Identity blockchain to provide secure COVID-19 contact tracing.
It’s also notable that The Financial Services Commission recently approved ICONLOOP’s decentralized identity authentication service into the “Innovative Financial Services and Regulations Sandbox.” In October this year, Cointelegraph reported that ICONLOOP secured $8 million in a Series A funding round, which will be used to help launch a blockchain-based digital identity authentication service called my-ID.
- Source: Cointelegraph
- Original article: https://cointelegraph.com/news/12-of-the-biggest-enterprise-blockchain-players-of-2020
12 of the biggest enterprise blockchain players of 2020
Enterprise blockchain in 2020 looks a lot different from previous years, demonstrating how the space continues to mature and advance
cointelegraph.com
ICONLOOP has taken its first steps into a hopeful new year, opening 2021 with news such as the ICT regulatory exception for the mobile driver's license. We will keep growing beyond what we managed last year, to repay everyone who takes an interest in ICONLOOP and supports us throughout the year ahead.