The document discusses ICON, a blockchain network that aims to connect different blockchains and digital assets. It highlights ICON's governance structure involving the ICON Foundation and ICONLOOP company. It also summarizes ICON's technology including its novel LFT2 consensus algorithm and interoperability solution called BTP. Finally, it provides updates on ICON's growing ecosystem in terms of partnerships, wallet growth, and active community.

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SCALABILITY
INTEROPERABILITY
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Welcome to ICON Republic
BMC
BTP Msg
ICON Dapp
P-rep
ETH Dapp
Crypto World
Real World with Dapp
Enterprise
Private Blockchain
C-rep(Relayer)
BMC
P-rep
ICON Dapp
C-rep(Relayer)
Public Blockchain
Crypto kitties
Smart city
Game
ICON Game
Payment
Driving
Smart hospital
/Insurance
Line Service
MyID OK Cashback

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There are 2 main entities behind
the ICON Project…
The ICON Foundation is a Swiss
non-profit foundation formed to
support the development of the
ICON network and open source
technologies
ICONLOOP is an enterprise
blockchain and software
development company
contracted to support the
development of the ICON project

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…with a strong track record
• Launched ‘CHAIN ID’, a shared blockchain based authentication service for a consortium of 26 securities firm.
• Open sourced ICONLOOP’s ‘loopchain’, a proprietary high-performance blockchain engine.
• Founded ICON Foundation and raised 150,000 ETH to build the ICON Network.
• Founded ICONLOOP
• Launched ICON Mainnet
• Created blockchain based insurance payout platform with Kyobo Life and Korea Post
• Developed Line’s blockchain platform ‘Linkchain’(Whitelisted by Japan’s FSA)
• Loopchain selected as Seoul Government’s standard blockchain platform
• Received Minister’s Award for contributions to blockchain technology and the industry.
• Launched blockchain based electronic document authentication system for SBI Savings Bank
• Developed ’DPASS’, a self-sovereign, blockchain identification system
• Digital identification platform ‘MyID’ selected to the FSC’s fintech sandbox
• Launched 57 + partners within the MyID Alliance
• Completed Series A funding for ICONLOOP (~$9 million)
• Launched Delegated Proof of Contribution consensus in October
• Added additional partners within the MyID Alliance, including Bithumb and Binance Korea
• Released novel LFT2 consensus algorithm, audited by Kaist University Team
• Onboarded 125 validators
2016
2017
2018
2019
2020

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ICON is one of the largest public blockchain networks
today
Source : coinmarketcap.com As of May 1, 2020.

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Let’s talk more…
RESULTS
TECHNOLOGY
COMMUNITY
REAL USE

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At the core, ICON is powered by ‘loopchain’ and
a novel consensus algorithm called LFT2

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At the core, ICON is powered by a novel
consensus algorithm a called LFT2
Note : Based on Lim, Kwon, Kim (KAIST University): Analysis of LFT2, https://arxiv.org/pdf/2004.04294.pdf
Network Latency
Commit Messages
Transaction throughput
Safety and liveness
LFT2 PBFT
2 steps 3 steps
Block confirmation
Lower Higher
Faster Slower
Faster Slower
Guaranteed Guaranteed
Blockchains Many blockchains

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ICON is an interoperable blockchain
that connects to other private and public chains
Completed BTP v1.0 Proof-of-Concept between ICON’s public and private chains
BTP
Blockchain Transmission
Protocol Relayer
Smart
Contract A
Smart
Contract B
Smart
Contract C
BSH A
BSH B
BSH C
BMC
BMV
Block header
Message + proof
Blockchain A Blockchain B
BMC
BMV
BSH A
BSH B
BSH C
Smart
Contract A
Smart
Contract B
Smart
Contract C
1. BSH sends a Service Message to BMC
2. BTP Message Relay detects the event
3. Relay gathers proofs from BMV
4. Receiving BMC processes the Relay message
5. Receiving BMV decodes the Relay message
6. Receiving BSH handles service messages

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Digital ID platform ‘MyID’ selected for the
FSC financial regulatory sandbox
Digital identification platform ‘MyID’
Blockchain (Manage identifiers and usage records)
Financial firms
Commerce Fintech
Sharing
economy
Offline
ICONLOOP digital ID service selected for FSC sandbox
”Digital identification service ‘MyID’ selected for the
FSC financial innovation regulatory sandbox”
2019.6.26
Save Verify
Issue Usage
10

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Finance 17
Tech17

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ICON enabled enterprise products
Digital certificate service
Overview
• Blockchain-based digital certificate service
User benefit
• Issuer: Easy to issue and manage
• Certificate Recipient: Able to check certificates on web
and mobile
Competitive advantage
• Safe, secure, and tamper-proof with blockchain
technology
Visitor access management system
Overview
• Visitor access management service
User benefit
• Easy and fast check-in (from invite to self check-in)
• Securely manage your office or building
• Real-time visitor data and analysis for future CRM needs
Competitive advantage
• Integrate with messengers(KakaoTalk), emails,
SMS, etc

13. 13
POSTECH University
Graduate Diploma
Fast Campus
Completion Certificate
#broof Highlights

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S6 BuildingSignature Towers
VisitMe Highlights

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Welcome to ICON Republic
BMC
BTP Msg
ICON Dapp
P-rep
ETH Dapp
Crypto World
Real World with Dapp
Enterprise
Private Blockchain
C-rep(Relayer)
BMC
P-rep
ICON Dapp
C-rep(Relayer)
Public Blockchain
Crypto kitties
Smart city
Game
ICON Game
Payment
Driving
Smart hospital
/Insurance
Line Service
MyID OK Cashback

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ICX staking rewards began in
September 2019 when ICON network
became fully decentralized
ICX holders must vote to earn rewards
ICON directly incentivizes governance participation

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Driving strong growth in the number of
ecosystem stakeholders
Note : Wallet with balance growth since September 1st / Source : Internal data
M/M % growth in ICX wallets
4%
9%
28%
24%
11%
13%
20%
22%
0%
8%
15%
23%
30%
Sept Oct Nov Dec Jan Feb March April
~3x growth

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ICX currently has one of the most engaged
communities
Note : As of February 18, 2020. / Source : LunarCrush

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ICX offers one of the best
Real Yield in the industry
1. Real Yield = (1 + Nominal Yield) / (1 + Inflation Rate) - 1 / Note : As of May 1, 2020. Selected projects. / Source : Staked.us
1
7.2%
7.0%
4.1%
2.5%
1.3%
ALGO
ATOM
ADA
ICX
XTZ

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125 Public Representative candidates from
35 countries
Note : As of May 1, 2020. / Source : https://icon.community

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Contribution Project Highlights
Balanced Network
MyICON Wallet

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ICX currently powers 4th largest
DAPP Ecosystem
Source : 2020 Q1 DAPP Market Report, https://dapp.review
2020 Q1 DApp Market Summary - By Blockchain

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Contribution Proposal System to
accelerate ecosystem growth
3Q
2020
CFS FUND managed on-chain by
Public Representatives
12 projects funded in 2020 YTD
Contribution
Proposal System (CPS)

24. @helloiconworld
https://icon.community