When you look at the market cap of cryptocurrencies, ICX is the 19th most valued cryptocurrency. Recently, it has increased significantly. It was announced that Samsung will be partnering with ICX in order to use the chain ID technology. This will ensure that Samsung is able to authenticate the users quite easily. With the help of this authentication, Samsung will be able to provide a wide variety of services to the users. As a result, it will become easier for Samsung to provide improved customized services to the users as well. At the same point in time, the data will be completely safe of the users. This will ensure that it is a win-win situation for the users as well as for Samsung.
ICON (ICX) partners with Samsung:
The chain ID technology which will be used will be based on the blockchain of ICX. As a result, the usability of ICX will increase pretty significantly. Moreover, with the help of blockchain technology, authentication can be done easily. This will ensure that there is no forging of the data or fudging of the data. As a result, ICX will be able to accurately authenticate the data as well.
Millions of devices of Samsung are used all over the world. As a result, with proper authentication, Samsung will be able to provide tailor-made services to the customers. Samsung will be able to also convert the customers in a much better way they are able to identify them in an accurate manner. Moreover, since the data will be decentralized on the blockchain, there is no risk to the data. As a result, it will become much easier for Samsung to secure the data as well. Also, since on the blockchain the data will be secured as well, there cannot be any loss of data.
The value ICON (ICX) will also increase
ICX is similarly offering its blockchain services to other customers and corporates as well. It can offer decentralized applications on its blockchain as well. As a result, it is easier for the company to sign up newer clients as well. With the increased number of clients, the value of the cryptocurrency, as well as the blockchain, will also increase.
ICON (ICX) is one of the best performing cryptocurrencies currently
In the last 30 days, ICX has increased by more than 40%. As a result, it is one of the best performing cryptocurrencies currently. If the partnerships continue to increase further, the number of clients will increase the valuation of the blockchain as well as the cryptocurrency will also go up. As a result, ICX will be able to easily become the top 10 most valued cryptocurrencies. Also, most of the other cryptocurrencies are currently underperforming. Therefore, any outperforming cryptocurrency will receive a lot of attention from the investors.