ICONLOOP Receives the ‘Minister of Science and ICT Award’ as Blockchain Industry Leader in Korea

Greetings from the ICONLOOP Team,

Seoul, November 28, 2018 — ICONLOOP is honored to receive the Korean Minister of Science and ICT (MSIT) Award’ in recognition of its contributions to the development and popularization of the blockchain industry in Korea. The award ceremony took place on the 27th at the ‘2018 Blockchain Grand Week’ held at the Korea Science and Technology Center in Gangnam-gu, Seoul. It is a great accomplishment to ICONLOOP to be awarded as the first blockchain company to receive this honor.

ICONLOOP is known for its work on the ICON Project, which is one of the most successful Korean public blockchain projects. Additionally, ICONLOOP has presented various enterprise use-cases, earning a reputation as one of the leading blockchain firms in Korea since its establishment in May 2016.

ICONLOOP continues to make efforts to popularize blockchain technology through giving educational lectures and presentations. ICONLOOP was selected to participate in ‘Cultivating Innovative Youth Talents 2018’ supervised by Korea Ministry of Science and ICT (MSIT) and Korea Institute for Information & Communications Technology Promotion (IITP), and provided educational programs including technology lectures on its internally developed blockchain engine ‘loopchain’, mentoring, and hands-on training.

J.H. Kim, CEO of ICONLOOP and council member of the ICON Foundation said, “We are pleased to receive recognition on our continuous efforts of spreading the potential industrial opportunities in Korea”, Then goes on to say “In the future, ICONLOOP will keep working on technology and business development to extend blockchain technology in different industries as well as promoting national technological achievements in the international market.”

Thank you,

Hyperconnect the World
ICONLOOP Team

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