SK Telecom has partnered with blockchain firms AhnLab Blockchain Company and Atomrigs Labs to produce and work a electronic wallet for cryptocurrency management and Web3 access, the South Korean telecommunications large declared on Monday.
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- SK Telecom said buyers of its wallet will be able to keep, transfer and acquire blockchain-issued tokens these as cryptocurrencies, non-fungible tokens (NFTs) and “soulbound tokens” (SBTs), which are long-lasting, non-transferable NFTs for verifiable identifications and certificates.
- SK Telecom owns more than 47% of all mobile communications people in South Korea as of 2021, according to Korea Info Culture Growth Institute (KISDI).
- The telecommunications arm of conglomerate SK Group also operates its possess metaverse, Ifland, which has a month to month common consumer foundation all-around 1.1 million folks.
- SK Group’s information and facts technological innovation financial investment subsidiary, SK Sq., has been operating on its own cryptocurrency that is meant to be used within just SK’s Net3 network.
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