Why ICX is called the Korean Ethereum
1. National Project: ICX, full name ICON, is the first basic chain project in South Korea. It is highly valued by the South Korean government and is therefore called the Korean national blockchain.
2. Wide Application: The ICON network has connected a variety of social organizations belonging to many banks, securities companies, insurance companies, hospitals, universities, e-commerce, etc. in South Korea, forming cross-domain blockchain ID, payment and transaction distributed application services.
3. Technical Vision: ICX attempts to use the blockchain network to move real communities to the chain, support different governance systems to establish their own networks, and realize transactions without middlemen, which is similar to Ethereum's vision in the blockchain field.
In summary, ICX is called the "Korean Ethereum" because of its status as a national project, its wide application in South Korea, and its similar technical vision to Ethereum.
