• BTC Dominance: %
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

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

Jon Hartney by Jon Hartney
July 11, 2022
in Bitcoin, Blockchain, Business, Market
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

In 2020, the company also launched a wallet for blockchain-powered digital certificate storage aimed at addressing ​​certifications amid the COVID-19 pandemic.

South Korean telecommunications giant SK Telecom has signed a joint agreement with other blockchain firms aimed at developing a digital wallet which 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.

Related articles

Bitcoin derivatives data shows room for BTC price to move higher this week

January 23, 2023

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

January 22, 2023

Atomix Lab will use secure multiparty computation encryption for the blockchain wallet, after which time the firm will stay on for technical support, while SK Telecom and AhnLab Blockchain Company “take over the operation.” According to Atomix Lab CEO Woo-hyun Jung, “biggest obstacle to the expansion of the blockchain ecosystem is the personal wallet,” and the project plans to balance security and convenience.

SKT가 '웹3 지갑' 개발을 위해 안랩블록체인컴퍼니, 블록체인 전문기업 아톰릭스랩과 협력합니다. 웹3 지갑은 사용자가 블록체인 네트워크 상에서 발행된 다양한 유형의 토큰을 저장·전송·수신할 수 있는 디지털 자산 지갑입니다. ▶https://t.co/bi8SIDKK2M#SK텔레콤 #블록체인 pic.twitter.com/HFGCl3cIN8

— SK telecom (@SKtelecom) July 11, 2022

As one of the largest mobile operators in South Korean, SK Telecom introducing a user-friendly crypto wallet could have implications for adoption in the country. As of December 2021, roughly 30 million people in South Korea have mobile subscriptions through SK Telecom — roughly 58% of the total population. The company in 2020 also launched a wallet for blockchain-powered digital certificate storage aimed at addressing ​​certifications amid the pandemic.

Related: South Korea ramps up crypto investigations and regulations

Terraform Labs’ South Korea-based headquarters have been central in the discussions around the crypto market downturn since May, following TerraUSD (UST) — now TerraUSD Classic (USTC) — depegging from the U.S. dollar and the price of Terra (LUNA) significantly dropping. Co-founder and CEO Do Kwon relaunched the Terra network in May with a new chain, but has also reportedly faced inquiries from South Korean regulators and authorities.

Read Entire Article
Tags: CointelegraphCryptocurrencyInvestmentMining Bitcoin
Share76Tweet47

Related Posts

Bitcoin derivatives data shows room for BTC price to move higher this week

by Jon Hartney
January 23, 2023
0

BTC options data suggest that the Bitcoin price rally still has legs, even with wider economic concerns growing and the

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

by Jon Hartney
January 22, 2023
0

BTC could take a break from its sharp rally and if BTC price bounces off underlying support, APE, MANA, AAVE...

Genesis bankruptcy case scheduled for first hearing

by Jon Hartney
January 22, 2023
0

The first hearing in Genesis Capital's bankruptcy case will be held on January 23, according to court filings

Terra lending protocol Mars to launch mainnet

by Jon Hartney
January 22, 2023
0

The Mars Hub will launch an independent Cosmos application chain and issue MARS to users who hold the token during...

Central African Republic eyes legal framework for crypto adoption

by Jon Hartney
January 22, 2023
0

A 15-member committee is tasked with working on a legal framework that will allow cryptocurrencies to operate in

Load More
  • Trending
  • Comments
  • Latest

Ethereum Classic gets ‘endorsement’ from Vitalik Buterin, but ETC price still risks 50% crash

July 27, 2022

Critique on Helium’s $6.5K monthly revenue causes a stir

July 28, 2022

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

July 7, 2022

Cardano Vasil hard fork hit with another delay for several weeks

July 29, 2022

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0

Crypto owners banned from working on US Government crypto policies

0

Korean startup Uprise lost $20M shorting LUNC

0

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0

Bitcoin derivatives data shows room for BTC price to move higher this week

January 23, 2023

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

January 22, 2023

Genesis bankruptcy case scheduled for first hearing

January 22, 2023

Terra lending protocol Mars to launch mainnet

January 22, 2023

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • Bitcoin derivatives data shows room for BTC price to move higher this week January 23, 2023
  • Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher January 22, 2023
  • Genesis bankruptcy case scheduled for first hearing January 22, 2023
  • Terra lending protocol Mars to launch mainnet January 22, 2023
  • Central African Republic eyes legal framework for crypto adoption January 22, 2023

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • bitcoinBitcoin(BTC)$22,594.00-2.86%
  • ethereumEthereum(ETH)$1,621.45-3.55%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.000.08%
  • binancecoinBNB(BNB)$319.82-3.67%
  • usd-coinUSD Coin(USDC)$1.000.04%
  • rippleXRP(XRP)$0.391131-2.56%
  • Binance USDBinance USD(BUSD)$1.000.19%
  • cardanoCardano(ADA)$0.382280-4.22%
  • dogecoinDogecoin(DOGE)$0.086689-6.36%
  • matic-networkPolygon(MATIC)$1.25-1.86%
  • OKBOKB(OKB)$42.99-6.07%
  • SolanaSolana(SOL)$22.37-6.37%
  • Lido Staked EtherLido Staked Ether(STETH)$1,619.80-3.50%
  • polkadotPolkadot(DOT)$6.59-5.04%
  • Shiba InuShiba Inu(SHIB)$0.000013-8.20%
  • litecoinLitecoin(LTC)$96.16-5.11%
  • AvalancheAvalanche(AVAX)$19.36-6.78%
  • tronTRON(TRX)$0.065033-1.61%
  • daiDai(DAI)$1.00-0.09%
  • UniswapUniswap(UNI)$6.59-5.46%
  • cosmosCosmos Hub(ATOM)$14.67-2.56%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$22,563.00-2.82%
  • chainlinkChainlink(LINK)$6.95-3.57%
  • ToncoinToncoin(TON)$2.26-4.88%
  • leo-tokenLEO Token(LEO)$3.370.02%
  • ethereum-classicEthereum Classic(ETC)$21.90-5.33%
  • moneroMonero(XMR)$163.45-2.53%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.09%
  • bitcoin-cashBitcoin Cash(BCH)$128.40-5.28%
  • stellarStellar(XLM)$0.088880-3.33%
  • AptosAptos(APT)$14.18-13.10%
  • Lido DAOLido DAO(LDO)$2.57-1.86%
  • NEAR ProtocolNEAR Protocol(NEAR)$2.47-0.86%
  • CronosCronos(CRO)$0.081300-3.24%
  • ApeCoinApeCoin(APE)$5.51-8.35%
  • QuantQuant(QNT)$135.90-4.35%
  • filecoinFilecoin(FIL)$5.16-7.37%
  • algorandAlgorand(ALGO)$0.272332-3.31%
  • HederaHedera(HBAR)$0.071296-3.82%
  • vechainVeChain(VET)$0.024873-6.07%
  • Internet ComputerInternet Computer(ICP)$5.51-6.06%
  • The GraphThe Graph(GRT)$0.169267-16.70%
  • The SandboxThe Sandbox(SAND)$0.78-11.68%
  • FantomFantom(FTM)$0.498811-14.26%
  • decentralandDecentraland(MANA)$0.73-8.44%
  • Axie InfinityAxie Infinity(AXS)$11.38-2.51%
  • AaveAave(AAVE)$83.26-6.05%
  • eosEOS(EOS)$1.06-5.41%
  • MultiversXMultiversX(EGLD)$44.31-7.44%
  • FlowFlow(FLOW)$1.07-12.48%
  • theta-tokenTheta Network(THETA)$1.10-7.66%
  • tezosTezos(XTZ)$1.18-5.16%
  • Terra Luna ClassicTerra Luna Classic(LUNC)$0.000173-6.74%
  • FraxFrax(FRAX)$1.000.18%
  • paxos-standardPax Dollar(USDP)$1.000.74%
  • true-usdTrueUSD(TUSD)$1.000.03%
  • Frax ShareFrax Share(FXS)$12.48-1.23%
  • Rocket PoolRocket Pool(RPL)$45.497.21%
  • huobi-tokenHuobi(HT)$5.23-7.88%
  • kucoin-sharesKuCoin(KCS)$8.53-2.74%
  • havvenSynthetix Network(SNX)$2.58-11.22%
  • bitcoin-cash-svBitcoin SV(BSV)$42.04-3.25%
  • ChilizChiliz(CHZ)$0.148005-11.11%
  • Curve DAOCurve DAO(CRV)$1.05-5.98%
  • ImmutableXImmutableX(IMX)$0.96-16.57%
  • PancakeSwapPancakeSwap(CAKE)$4.51-1.22%
  • USDDUSDD(USDD)$0.990.09%
  • BitTorrentBitTorrent(BTT)$0.000001-2.97%
  • eCasheCash(XEC)$0.000036-6.13%
  • dashDash(DASH)$61.46-7.16%
  • makerMaker(MKR)$750.37-7.36%
  • BitDAOBitDAO(BIT)$0.58-2.67%
  • iotaIOTA(MIOTA)$0.237487-5.77%
  • Mina ProtocolMina Protocol(MINA)$0.78-10.70%
  • GateGate(GT)$4.34-2.80%
  • KlaytnKlaytn(KLAY)$0.201801-7.09%
  • neoNEO(NEO)$8.82-4.22%
  • Trust WalletTrust Wallet(TWT)$1.49-6.75%
  • OKCOKC(OKT)$32.08-0.72%
  • OsmosisOsmosis(OSMO)$1.09-1.39%
  • gemini-dollarGemini Dollar(GUSD)$1.000.25%
  • ArweaveArweave(AR)$11.30-12.94%
  • cUSDCcUSDC(CUSDC)$0.022440-1.28%
  • zcashZcash(ZEC)$43.34-7.33%
  • OptimismOptimism(OP)$2.57-16.70%
  • cDAIcDAI(CDAI)$0.021800-1.56%
  • THORChainTHORChain(RUNE)$1.80-7.57%
  • Tokenize XchangeTokenize Xchange(TKX)$6.74-1.24%
  • GMXGMX(GMX)$63.34-10.58%
  • Baby Doge CoinBaby Doge Coin(BABYDOGE)$0.000000-3.68%
  • singularitynetSingularityNET(AGIX)$0.425387-33.89%
  • RadixRadix(XRD)$0.050030-0.74%
  • PAX GoldPAX Gold(PAXG)$1,867.870.31%
  • RenderRender(RNDR)$1.60-23.91%
  • enjincoinEnjin Coin(ENJ)$0.477561-8.17%
  • zilliqaZilliqa(ZIL)$0.029120-5.79%
  • cETHcETH(CETH)$32.94-2.24%
  • Tether GoldTether Gold(XAUT)$1,865.43-0.89%
  • Fetch.aiFetch.ai(FET)$0.436773-24.23%