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Major South Korean telecom company plans launch of blockchain wallet for crypto and NFTs

07/12/2022

Less than a minute

2022.07.12 13:06

Major South Korean telecom company plans launch of blockchain wallet for crypto and NFTs

Budrigannews.com – South Korean telecommunications giant SK Telecom has signed a joint agreement with other blockchain firms aimed at developing a digital wallet that can support cryptocurrencies, nonfungible tokens and digital credentials.

In a Monday announcement, SK Telecom said its blockchain arm would be collaborating with AhnLab Blockchain Company and Atomix Lab to develop and operate a Web3 wallet. According to the firm, it will be using Soulbound Tokens, or SBTs, to verify credentials seemingly including memberships and certifications in addition to being capable of storing digital assets.

07/12/2022

Less than a minute

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