ICON, a $ 1.5 billion Blockchain project created by South Korean developers, has signed a formal partnership with LINE, Japan's largest messaging application, with more than 200 million active users per month, according to the report at CCN.com.  LINE announced months ago that it would open a crypto money market in 2018 to enter the global crypto money industry and to investigate and develop Blockchain technology. This week LINE announced that LINE's development team will deploy its various decentralized applications (dApps) and block-chain mainwebs to ICON's Blockchain protocol via a joint venture named UNCHAIN.
In addition, LINE and ICON will be deployed by hundreds of millions of users
With the establishment of the independent Blockchain laboratory, the LINE development team will also pursue the potential of Blockchain technology and pursue innovative ways to commercialize the technology in the long haul.
Speaking at CCN ICON team said:
"In the course of time we believe that more conglomerates and companies will start to see the actual use cases and efficiencies that the company can implement in their business in the field of Blockchain technology.
ICON can be used by over 200 million active users
Japan's most popular messaging application, LINE, is actively receiving and sending messages has more than 200 million users per month. The ICON team said that with this partnership with LINE, ICON could win hundreds of millions of users.
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