ICONLOOP Inc., formerly known as Theloop, <a href="https://medium.com/helloiconworld/iconloop-applies-broof-to-artnguide-a-service-platform-for-co-purchasing-works-of-art-8e9d30a2f063">announced </a>on 20th august 2019, that <a href="https://broof.io/">Broof</a>, their blockchain-based certificate issuance service will be applied to ARTnGUIDE, a South Korean platform for co-purchasing works of art.
The company signed a contract with Yeolmae Company to cover the strategic partnership that aims to represent artworks on the blockchain and prevent forgeries or theft.

The platform will keep records of purchased works, offer reliable management, and promote transparency by disclosing details of transactions promote fairness and ease of access of the artwork markets for new artists as well as show details of co-jointly owned art pieces.

Through Broof technology, ARTn GUIDE will be able to prevent falsification of records. In this partnership, ARTnGUIDE becomes the first instance of the application of blockchain-based certificate issuance service to the artworks market.

<h2>ICOONLOOP is on the right track to promote diverse and innovative blockchain technology applications</h2>
As more technology developers realize the massive innovative potential in blockchain technology, many have continued to focus on Cryptocurrency as one of the blockchain most promising innovations. ICONLOOP, on the other hand, seeks to venture into the untapped potential by exploring many diverse ways in which blockchain can be used to globalize all sectors and not just the financial industry.

In this light, ICONLOOP has formed multiple collaborations with diverse partners to promote blockchain-based innovative platforms for problem-solving. Here is a look at some of these partnerships and use case innovations:
<ul>
 	<li style="font-weight: 400">The Metropolitan Government of Seoul <a href="https://www.cryptoknowmics.com/crypto/seoul-city-govt-appoints-members-to-blockchain-governance-team/">appointed</a> members to blockchain governance to oversee the integration of blockchain technology with administration services. ICONLOOP was contracted to operate the platform named Seoul Blockchain Pilot Project. CEO of ICONLOOP James Kim stated, “The Company expects an increase in pubic blockchain use-cases led by the government and this appointment letter issuance is a starting point to show a clear example of how blockchain can be used in government.”</li>
 	<li style="font-weight: 400">ICONLOOP was awarded the Korean Minister of Science Award to recognize the company’s contribution to the development of blockchain technology industry in the country.</li>
 	<li style="font-weight: 400">In partnership with Kyobo Life Insurance and Co and LifeSimantics Co, ICONLOOP launched Lifelong Healthy Life Service’s beta version, which is a blockchain-based disease prediction service.</li>
 	<li style="font-weight: 400">ICONLOOP, in partnership with AWS, developed ICON Development Network, which lets developers to run a private instance of the ICON Blockchain Network easily.</li>
 	<li style="font-weight: 400">ICOONLOOP launched DPASS blockchain-based Identity authentication services, a mobile application service that supports blockchain-based identity and authentication and digital wallets regardless of borders.</li>
</ul>
As these projects indicate, the platform seeks to promote the adoption of blockchain technology by providing scalability and security.

ICOONLOOP focuses on several blockchain innovations that can be applied in financial transactions and digital currency (Cryptocurrency), to build a society of hyper-connected industries, using <a href="https://github.com/icon-project/loopchain">Loopchain </a>blockchain core engine.

Loopchain-based ICONLOOP enterprise is an optimized blockchain platform that can be applied to a wide range of businesses.

Broof by ICONLOOP to Be Applied To ARTnGUIDE: ICONLOOP Continues Their Massive Efforts to Promote the Adoption of Blockchain Technology

Am Wayne, a Blockchain enthusiast and expert in crypto trading. Currently, I cover trendy issues on digital currencies.

Broof by ICONLOOP to Be Applied To ARTnGUIDE: ICONLOOP Continues Their Massive Efforts to Promote the Adoption of Blockchain Technology

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