SK Telecom has partnered with blockchain corporations AhnLab Blockchain Firm and Atomrigs Labs to develop and function a digital pockets for cryptocurrency administration and Web3 entry, the South Korean telecommunications big introduced on Monday.
See associated article: South Korea’s second-largest conglomerate to problem personal cryptocurrency
Quick info
- SK Telecom stated customers of its pockets will have the ability to retailer, switch and obtain blockchain-issued tokens comparable to 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 accordance with Korea Info Society Growth Institute (KISDI).
- The telecommunications arm of conglomerate SK Group additionally operates its personal metaverse, Ifland, which has a month-to-month common person base round 1.1 million individuals.
- 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.
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