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1/ Shinhan Bank is the LARGEST 
bank with over US$482 Billion, 21,000+ employees & 18 million customers. https://www.advratings.com/asia-pacific/top-banks-in-south-korea
The tip of the iceberg & just the start.
Expect sequential roll outs of announcements for @Helloiconworld ICON & MyID. A thread.
$ICX https://twitter.com/markusjayvc/status/1298429805545664513
bank with over US$482 Billion, 21,000+ employees & 18 million customers. https://www.advratings.com/asia-pacific/top-banks-in-south-koreaThe tip of the iceberg & just the start.
Expect sequential roll outs of announcements for @Helloiconworld ICON & MyID. A thread.
$ICX https://twitter.com/markusjayvc/status/1298429805545664513
2/ This Shinhan news was just the tip of the iceberg for the Shinhan x MyID partnership.
Shinhan Bank will move to integrate MyID into OTP & KYC and its other line of businesses: Shinhan Card, Shinhan Financial Investments, Shinhan Life Insurance, Jeju Bank & more WITHIN 2020.
Shinhan Bank will move to integrate MyID into OTP & KYC and its other line of businesses: Shinhan Card, Shinhan Financial Investments, Shinhan Life Insurance, Jeju Bank & more WITHIN 2020.
3/ Shinhan Bank news was the first release from ONE of 70+ industry giants in the MyID Alliance.
All of Korea’s largest banks & Samsung Electronics are in the alliance.
We’ve currently had 2 MyID releases: Jeju Island & Shinhan, and Jeju wasn’t even a member of the alliance.
All of Korea’s largest banks & Samsung Electronics are in the alliance.
We’ve currently had 2 MyID releases: Jeju Island & Shinhan, and Jeju wasn’t even a member of the alliance.
4/ It's also important to note that one of these 2 MyID releases was based on ICON's public chain (Jeju).
But I've already explained in detail why both private and public ICON use cases both contribute greatly to the ICON network. https://twitter.com/markusjayvc/status/1296746394393354246?s=20
But I've already explained in detail why both private and public ICON use cases both contribute greatly to the ICON network. https://twitter.com/markusjayvc/status/1296746394393354246?s=20
5/ When I published the Shinhan News tweet a few hours ago, 20 Korean publications had picked up on the news.
At the current moment, more than 65+ media outlets have covered the news of Shinhan Bank's SOL app integrating ICONLOOP's MyID.
This is as mainstream as it gets.
At the current moment, more than 65+ media outlets have covered the news of Shinhan Bank's SOL app integrating ICONLOOP's MyID.
This is as mainstream as it gets.
5/ ICONLOOP has also confirmed that IBK Bank & Nonghyup Bank will integrate MyID within the year. These 2 banks are also within the top 5 banks in Korea.
It seems like all these partners in the MyID Alliance are now about to start integrating.
It seems like all these partners in the MyID Alliance are now about to start integrating.
6/ Being picked by Korea's largest bank as the main ID tech is an industry first & the ultimate testament to the quality & security of MyID. Few institutions have a higher bar.
With MyID news starting to roll out, ICON has never been in a stronger position in its entire history.
With MyID news starting to roll out, ICON has never been in a stronger position in its entire history.
7/ NOTE: I made the mistake of assuming Shinhan Bank will use only the private ICON chain in this thread.
Shinhan Bank will use BOTH the private and public ICON network and $ICX. Read here to find out more: https://twitter.com/markusjayvc/status/1298600790957817858?s=20
Shinhan Bank will use BOTH the private and public ICON network and $ICX. Read here to find out more: https://twitter.com/markusjayvc/status/1298600790957817858?s=20
