SK Telecom has partnered with blockchain companies AhnLab Blockchain Firm and Atomrigs Labs to develop and function a digital pockets for cryptocurrency administration and Web3 entry, the South Korean telecommunications large introduced on Monday.
See associated article: South Korea’s second-largest conglomerate to subject personal cryptocurrency
Quick information
- SK Telecom mentioned customers of its pockets will have the ability to retailer, switch and obtain blockchain-issued tokens reminiscent of cryptocurrencies, non-fungible tokens (NFTs) and “soulbound tokens” (SBTs), that are everlasting, non-transferable NFTs for verifiable identifications and certificates.
- SK Telecom owns over 47% of all cell communications customers in South Korea as of 2021, in keeping with Korea Info Society Improvement Institute (KISDI).
- The telecommunications arm of conglomerate SK Group additionally operates its personal metaverse, Ifland, which has a month-to-month common consumer base round 1.1 million folks.
- SK Group’s info expertise funding subsidiary, SK Sq., has been working by itself cryptocurrency that’s supposed for use inside SK’s Web3 community.
See associated article: Are we helpless towards assaults on blockchain bridges?
