Thread by @holaicon

1. There have been a lot of questions related to if #MyID will need the use of $ICX to pay for the transactions (tx).
First come first, let's shed some light on the concepts.
#MyID is a private blockchain and so, it does not need to use $ICX for any of its internal tx.

2. Would a company need to pay for the tx carried out in its intranet? Would that company have to pay for moving a file from one of its folders in a share drive to another folder? The answer is NO. Same applies to any internal tx in #MyID .

3. Now. Ask yourself. Will that company want to connect to others, to send emails, send files, share systems of purchasing, logistics, finance,...or attend to their customers, interact with their suppliers, services,...The answer is YES. Same applies to any company using #MyID

4. All those companies interacting with others and final users, do they need internet services? The answer is YES. Same applies to any company using #MyID . If any of them want to use #MyID with an external service, other blockchain,...you will need to connect to it somehow.

5. #MyID is a private blockchain developed by #ICONLOOP , it uses the Loopchain engine core, and if any company using that private blockchain wants to connect to other, the easiest way to do it, it's through an existing blockchain which is able to act like a bridge between them.

6. That's the public blockchain of #ICONProject and thanks to the BTP (Blockchain Transmission Protocol) any private blockchain with the same core engine than the ICON public chain can connect to it, and guess what? the core engine of ICON public chain is Loopchain as well.

7. Therefore, any time that any company using #MyID wants to interact with another private blockchain or service/dApp running in ICON, will have to pay the fees in $ICX
Now, there will be some people wondering if when #MyID is launched, there will be other blockchains or services

8. they will want to interact to. Right, good question. I pressume not that many at the beginning, but it is reasonable to think that there will be in the future.
Think about this. When internet emerged back in the 90's, were there be the same services than nowadays?

9. Could anyone even imagine that every company would be able to connect globaly, watch tv, movies, listen music, play games, connect to others all over the world, date, buy, sell or drive safely thanks to that protocol? Were all those services available in that moment?

10. The answer is NO. Same applies to any service based in the blockchain technology nowadays. Companies, people, all of us, need to find the uses cases for it. The benefits need to be marketed and proven. The adoption will follow.

11. Think that any service based on the blockchain technology can be considered as a proof of concept, a new disruptive technology that still needs to market itself by showing the benefits of its use. This is not exclusive of ICON but any blockchain platform.

12. The beauty of ICON is their model, their vision, as if the blockchain technology becomes widely adopted then every private and public blockchain will be able to interact one each other through the public network of ICON, and those services will be paid in $ICX.

13. New technology (#blockchain), new economic system (#cryptocrurrencies), many benefits to be proven and marketed. Top Korean companies, banks and gubernamental institutions associated in an alliance, #MyID , with the aim of being able to offer and benefit from a service that

14. will make much more efficient their businesses and improve the experience of their users.
After all what I have said, do you still have doubts if #MyID will use the ICON public chain? If so, just wait for an article I will write where I will dive in this topic. ETC by Sept.