South Korean telecom giant SK Telecom (SKT) announced plans to launch Web3 wallet service T wallet in cooperation with Layer 1 mainnet Aptos Labs and Atomrigs Lab.
SK Telecom’s vision to launch a blockchain wallet for cryptocurrencies and non-fungible tokens (NFTs) dates back to July 2022. At that time, the plan began when SKT’s blockchain department collaborated with AhnLab Blockchain Company and Atomix Lab to develop and operate a Web3 wallet.
SKT is collaborating with AhnLab Blockchain Company and blockchain expert Atomrix Lab to develop the “Web3 Wallet”. Web3 Wallet is a digital asset wallet that allows users to store, send and receive various types of tokens issued on the blockchain network. ▶https://t.co/bi8SIDKK2M#SK Telecom #blockchain pic.twitter.com/HFGCl3cIN8
— SK Telecom (@SKtelecom) July 11, 2022
According to the latest news announcementSKT aims to leverage three-party agreements with blockchain companies to expand its “connections with customers’ preferred mainnets and decentralized applications (dApps).”
“Through our partnership with Aptos, which marks our first non-Ethereum Virtual Machine (EVM) blockchain integration, SKT is committed to providing a seamless and secure Web3 experience for our users.”
In the official tweet, SKT is committed to providing users with a seamless and secure Web3 experience.
SK Telecom and South Korea sign tripartite agreement #Apts, a rapidly emerging and expanding Layer 1 mainnet, and Atomrigs Lab, a technology partner of SK Telecom. Through cooperation with Aptos, SK Telecom is committed to providing users with a seamless and secure Web3 experience. pic.twitter.com/Ga9qoZz84W
— SK Telecom (@SKtelecom) November 7, 2023
The partnership will also see T wallet integrated into Aptos’ decentralized application (dApp) ecosystem and powered by its MoveVM blockchain technology.
related: South Korea passes bill requiring officials to disclose Bitcoin holdings
South Korea’s National Taxation Service (NTS) recently revealed that more than 70% of overseas assets held by residents are in cryptocurrencies.
According to official data, 5,419 entities reported their overseas financial accounts, holding a total of 186.4 trillion won ($140 million) in assets such as cryptocurrencies and stocks, as well as deposits and savings.
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