Blockchain technology just got a serious upgrade with the release of the ICICB Chain. ICICB Group unveils the ICICB Chain, with an ambition to bring the world’s exciting blockchain network to life.
The world of blockchain technology has had a tumultuous ride since Bitcoin was first launched in 2009, growing from a much-maligned currency used on the digital Silk Road to a burgeoning global reserve currency that has been adopted as legal tender in El Salvador.
As with all areas of technological innovation, the blockchain industry has come a long way since Bitcoin introduced the energy-intensive proof-of-work consensus mechanism which is highly secure but pays for that security in slow transaction speeds and high costs.
It is in that vein that ICICB has announced the upcoming launch of ICICB Chain, termed as the “world’s best blockchain” specifically designed to power the rapidly evolving ICICB ecosystem while offering users fast processing speeds that cost a fraction of a penny. In addition, it aims to reimagine the overall user engagement experience across a variety of industries.
Harnessing the knowledge and experience gleaned from partnering with Atari to develop the Atari Chain and the Atari Token, the ICICB group has now set out to improve upon previous blockchain designs to offer the world the most advanced network to date and to drive additional technological breakthroughs.
ICICB Group is a global investment holding company based out of Dubai that has a network of 114 branch offices that circle the planet and help provide financial and banking services to over 26 countries around the world as part of the firm’s overall mission of helping to advance the development of digital technology that can be integrated with the everyday aspects of our lives to increase efficiency and sustainability.
The organization has now expanded its mission to advance the adoption and capabilities of blockchain technology which has led to the creation of the ICICB Chain and its wider ecosystem. With the launch of the ICICB Chain, clients, investors, and stakeholders will be able to take advantage of the newly emerging opportunities presented by blockchain.
Now, ICICB Group’s dedication has paid off with the ICICB Chain, a network capable of processing 50,000 transactions per second (TPS) for just $0.0000008 per transaction, the lowest transfer cost in the world.
To go along with its blazingly fast network, ICICB Group has also revealed the launch of the ICICB ecosystem which currently includes the ICICB decentralized exchange (DEX), ICICB Portal, ICICB Bridge, ICICB Wallet, ICICB Coin, ICICB NFT Marketplace, ICICB games and the Metaverse by ICICB.
The ICICB ecosystem is a one-stop shop for the most popular and engaging aspects of the cryptocurrency world, all located on the world’s fastest network in operation, that all users can afford.
What’s more interesting is, the development doesn’t stop there as the ICICB Group has also unveiled the ongoing development of Cosmos, a virtual metaverse designed to outperform all other metaverse projects in the market – thanks to the wide-ranging capabilities of the ICICB ecosystem.
Aside from allowing users to access the ICICB Marketplace to purchase real-world goods including clothes, vehicles, furniture, and other items with NFTs, Cosmos will also enable users to vote in a virtual government, own virtual land, engage in various activities, and much more.
Once fully launched, Cosmos will be one of the most immersive virtual worlds ever created, complete with amazing graphics that outshine all competitors.
With the launch of ICICB Chain, the next stage in the evolution of blockchain technology will be realized and the world will finally have a blockchain protocol that can meet the diverse needs of a global citizenry as the digital age continues to unfold.
Source: https://bitcoinist.com/a-new-era-of-blockchain-potential-has-been-realized-with-the-launch-of-the-icicb-chain/