ICON

While bitcoin ended February with marginal gains, and the likes of litecoin and lesser-known DigixDao shined, names like ICON, NEM and cardano took a beating as the market turned south, CoinDesk data shows.

It is not only about being financially decentralized through Bitcoin, but it is also about trying to create an entire decentralized network of different blockchain communities and sectors for a new era of decentralization to come to fruition.

The Icon Foundation, the group behind the Icon blockchain network, is giving away 3 million ICX tokens - worth ~$570,000 - in anticipation of its upcoming Public Representative elections.

The ICON Foundation has announced it will be giving away 3 million ICX tokens to participants in its upcoming election.

Apple has announced "CryptoKit," a new framework that will allow developers to perform cryptographic operations securely and efficiently.

The firm developing blockchain project ICON, has denied claims that it's planning to hold an initial public offering.

The Seoul Metropolitan Government, South Korea, has issued letters of appointment to its Blockchain Governance Team set to integrate blockchain technology with the city's administration services.

History of ICON. ICON aims to design an "Interconnecting blockchain network." ICON is engineering a solution to connect independent blockchains without the use of third-party intermediaries.

Competition among the so-called "Third generation" projects is fast brewing in the South Korean blockchain and cryptocurrency market, as companies scramble to find the industry's "Killer app" and spur widespread adoption.

This past June, ICON, the most valuable blockchain project in South Korea, secured a strategic partnership with Kyobo Life, the country's largest insurance firm alongside Samsung, to develop blockchain-based services.