From "Mastering Ethereum" book by Andreas Antonopoulos:
Inter Exchange Client Address Protocol
The Inter exchange Client Address Protocol (ICAP) is an Ethereum address encoding that is partly compatible with the International Bank Account Number (IBAN) encoding, offering a versatile, checksummed, and interoperable encoding for Ethereum addresses. ICAP addresses can encode Ethereum addresses or common names registered with an Ethereum name registry. You can read more about ICAP on the Ethereum Wiki.
IBAN is an international standard for identifying bank account numbers, mostly used for wire transfers. It is broadly adopted in the European Single Euro Payments Area (SEPA) and beyond. IBAN is a centralized and heavily regulated service. ICAP is a decentralized but compatible implementation for Ethereum addresses.
An IBAN consists of a string of up to 34 alphanumeric characters (case-insensitive) comprising a country code, checksum, and bank account identifier (which is country-specific).
ICAP uses the same structure by introducing a nonstandard country code, βXE,β that stands for "Ethereum,β followed by a two-character checksum and three possible variations of an account identifier
Does anyone know if is any country using ICAP Ethereum address implementation?
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments