ICON ICX to Force Protocol FOR Exchange

Crypto Pair Details: ICX to FOR

ICON ICX

ICON is a blockchain technology and network framework designed to allow independent blockchains to interact with each other. ICON is supported through a cryptocurrency token, called ICX. ICON is a South Korean-based company that developed a blockchain technology and accompanying cryptocurrency token called ICX. The company bills itself as an interconnected blockchain network, allowing participants in a decentralized system to “converge” at a central point. This is done by connecting a community to other communities through ICON Republic and Citizen Nodes. While blockchains are most commonly associated with cryptocurrencies, enthusiasts point out other areas where the technology can be applied. Any exchange of information can technically be added to a blockchain, though adding some types may not be cost-effective. Transactions involving securities, currencies, business contracts, deeds and loans, intellectual property, and personal identification could be “tokenized. ICON’s blockchain is more like the Plasma or Ontology blockchain in that its purpose is to act as an intermediary between other blockchains and networks. This interconnectability makes the ICON project worth keeping an eye on over the next decade. ICON sports its very own decentralized exchange. This DEX sets currency reserves for each blockchain community so that ICON communities can exchange value in real time through the ICON Republic. In this way, DEX complements C-Rep portals by establishing another gateway for ICON Communities to connect to the ICON Republic.

Force Protocol FOR

The Force Protocol is committed to creating an open source open source platform for distributed crypto-finance, providing solutions based on cross-chain technology to developers of crypto-financial services applications. Specifically, The Force Protocol will be based on the current mainstream public chain and t The Force Protocol public chain in the future, through the abstraction and encapsulation of the universal module of the crypto-financial business, providing services in the form of SDK and API. On this basis, application services only need to be oriented to interface programming, focusing on the implementation of business logic, without the cost of implementing and maintaining the underlying technology of the blockchain.

SOURCE: COINGECKO

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