IceChain is using next-generation distributed ledger technology which takes blockchain to the next level, IceChain aims to bring a solution to the current problem of scalability which traditional blockchain based networks are having. They aim to do this by using IceChain's double chain setup, sharding, and hash power distribution. IceChain will handle over 100,000 transactions per second across any industry, from finance, electronics, electricity, telecommunications, food, autonomous vehicles, and real estate to name a few. This will save costs and provide the highest level of transparency. ICHX is an Ethereum-based token that is designed to be the main token of the IceChain network.