The document discusses the ICON network, which aims to build a decentralized network that allows different blockchains to transact with one another. It is being developed by Dayli Financial Group to facilitate inter-blockchain communication using smart contracts and connections. The ICON network uses a proprietary blockchain called Loopchain and its own cryptocurrency called ICX to power transactions between connected communities on the network. It seeks to address issues like the need for third parties in transactions and concentration of power by creating a decentralized ecosystem.

1. SECOND HALF OF 1398-99
ORDIBEHESHT 1399 VIDEO LINK: HTTPS://WWW.APARAT.COM/V/BAQAR
INTRODUCTION TO ICON(ICX)
PRESENTATION OF E-COMMERCE SECURITY CLASS OF TARBIAT MODARES
PRESENTER:FARSHAD PARHIZKAR
PROFESSOR OF CLASS: DR.SADEGH DORRI NOGOORANI
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2. ICON
• Everything belongs to countries boundaries
• Crossing national boundaries
 Blockchain
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3. ICON
 Exchaning needs a third party
 Concentration of power issue
 ICON comes to the rescue
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4. ICON
 Decentralized Network
 Anyone can connect and join
 Sharing services without
isolation issues
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5. CONNECTED COMMUNITIES
 Blockchain IDs
 DEX Wallets
 Using Services
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6. EXAMPLE
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7. ICON NETWORK
 In development for 2 years by the Dayli Financial Group.
 Dayli Financial Group specializes in financial innovation and technology.
 Dayli Financial Group owns the Coinone.
 Launched at Jan. 2018.
 Market Cap. ≅ $130M(40th)
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8. WHAT IS THE ICX COIN?
 ICX Coin is the cryptocurrency that is native to the ICON network.
 Many of the functions taking place on the ICON cryptocurrency network must be paid for, using the ICX currency.
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9. ICON NETWORK
 The team behind ICON is trying to create a platform for users to interact between different blockchains. This
interaction will be done using complex smart contracts.
 The developers call this interconnected network the “ICON Republic”.
 Underpinning the “ICON Republic” is Nexus. This blockchain connects all the different smaller blockchains that
form the Republic itself.
 These smaller blockchains are known as the ICON Community.
 Each of these individual blockchains will have their own rules.
 ICON itself cannot control how each community operates.
 Regular users can connect to the ICON network using what is called a Citizen Node.
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10. LOOPCHAIN
 Proprietary Blockchain Core Engine
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11. ICON
Scalable Smart Contract enabled Public Blockchain Platform.
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12. ICON NETWORK
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13. BTP PROTOCOL
 Facilitates transaction operations
 Works like TCP/IP
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14. TERMINOLOGY
 C-Rep: representative node of a community – is part of ICON Republic – Ability to create blocks – authenticates
transactions – voting rights to make decisions about issues regarding the operations within the governance.
 Citizen Node: every non-C-Rep node in network – no vote rights – can only create transactions
 Representation Channel: consensus system - consists solely of C-Reps
 What is the penalty for criminal actions?
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15. REFERENCES
 https://icon.foundation/contents/support/faq?lang=en
 https://www.bitdegree.org/tutorials/icx-price-prediction/
 https://www.youtube.com/watch?v=daHVfJAOiIY
 https://www.youtube.com/watch?v=eucdDASlbv8
 https://www.youtube.com/watch?v=QLAnYhWiet4
 https://www.youtube.com/watch?v=KB5Pwync0CM
 https://www.youtube.com/watch?v=lZdwFMUx7tE
 https://crushcrypto.com/analysis-of-icon/
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