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South Korean telco to launch Web3 pockets with Aptos and Atomrigs Lab

07 Nov 2023
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South Korean telecom big SK Telecom (SKT) introduced plans to launch a Web3 pockets service, T pockets, in partnership with layer 1 mainnet Aptos Labs and Atomrigs Lab.

SK Telecom’s imaginative and prescient to launch a blockchain pockets for cryptocurrencies and nonfungible tokens (NFTs) dates again to July 2022. The initiative on the time kicked off with SKT’s blockchain arm collaborating with AhnLab Blockchain Firm and Atomix Lab to develop and function a Web3 pockets.

In line with the most recent announcement, SKT goals to develop its “affiliations with customer-preferred mainnets and decentralized purposes (dApps)” utilizing this tripartite settlement with the blockchain corporations.

“By way of the collaboration with Aptos, which marks our first non- Ethereum Digital Machine (EVM) blockchain integration, SKT is dedicated to delivering a seamless and safe Web3 expertise for our customers.”

In an official tweet, SKT dedicated to delivering a seamless and safe Web3 expertise for customers.

The partnership will even see T pockets’s integration into Aptos’ decentralized application (dApp) ecosystem and adoption of its MoveVM blockchain know-how.

Associated: South Korea passes bill to make officials disclose Bitcoin holdings

South Korea’s Nationwide Tax Service (NTS) lately revealed that residents maintain greater than 70% of their abroad belongings in cryptocurrency.

In line with the official information, 5,419 entities reported their abroad monetary accounts, holding a complete of 186.4 trillion received ($140 million) in belongings like cryptocurrencies and shares, in addition to deposits and financial savings.

Journal: 6 Questions for Lugui Tillier about Bitcoin, Ordinals, and the future of crypto