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South Korean telecom giant SK Telecom will launch its own Web3 wallet for interaction with cryptocurrencies and non-changeable tokens (NFTs). This is stated in the press release. According
South Korean telecom giant SK Telecom will launch its own Web3 wallet for interaction with cryptocurrencies and non-changeable tokens (NFTs). This is stated in the press release.
According to the announcement, users will be able to store, send and receive digital assets. Blockchain firms AhnLab Blockchain Company and Atomrigs Labs are involved in the development of the solution.
SK Telecom stated that the biggest challenge in scaling the blockchain ecosystem is the “personal wallet”. In this context, the company sees the need for a single tool to increase safety and convenience.
SK Telecom is also working on its own cryptocurrency and running the Ifland metaversal. By WINTERAs of 2021, the telecom giant served 47% of mobile network subscribers in South Korea.
Previously, SK Square, the investment arm of SK Telecom, invested 90 billion won (about $75 million at the time) in the Korbit bitcoin exchange.
Recall that in February 2022, the telecom giant through its branch requested portfolio companies to be present in the metaverse.
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Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
