Blockchain Startup ICONLOOP Launches Development Network On AWS Marketplace

Blockchain, News | November 28, 2018 By:

South Korean blockchain firm ICONLOOP has launched its ‘ICON Development Network’ on the Amazon Web Services (AWS) Marketplace.

Based in Seoul, ICONLOOP specialized in the implementation and design of blockchain technology. It targets both scalability and security to maximize the utility of blockchain technology. The company is a technical partner of Korea Financial Investment Association (KOFIA) in developing Chain ID, a blockchain-based joint authentication system.

ICONLOOP became a technology partner in the AWS Partner Network (APN) earlier this year, allowing it to provide a software solution that can integrate with the AWS platform. The launch of the ICON Development Network on the AWS will enable developers to easily run a private instance of the ICON Blockchain Network through AWS. It offers improve understanding, accessibility, and convenience when building on the ICON Network.

“This ‘ICON Development Network’ platform will provide an easy-to-use development-ready environment,” the company said. “This enables developers to bootstrap their own private ICON Network, adapted to their own convenience and need, in order to build, test or validate their project running on top of the ICON Protocol. A private network built via AWS Cloud could be used to operate its own service as well in the context of a DApp and its production environment.”

“The collaboration with AWS is part of efforts aiming to help developers building blockchain projects more easily, and ICONLOOP will keep engaging in actions to enhance the convenience of the development environment,” said J.H. Kim, CEO of ICONLOOP.

Earlier this month, ICONLOOP demonstrated three main components of its Blockchain Seoul project for the local residents, including the ICON Blockchain Identification Card, ICON Blockchain Vote and ICON Blockchain S-Coin Payments. The company is aiming to connect South Korea through a massive-scale blockchain, allowing government departments, universities, hospitals, securities, banks and any private company to interact without third-party networks that charge transaction fees or delay the process.