South Korea’s SK Telecom Teams Up for Crypto Wallet with Aptos and Atomrigs Lab


608 Listen to this article In a bid to stay at the forefront of blockchain technology and provide innovative services […]

Latest News

Listen to this article

In a bid to stay at the forefront of blockchain technology and provide innovative services to its customers, South Korea’s largest mobile carrier, SK Telecom, has embarked on a significant partnership journey. This latest development sees SK Telecom joining hands with Aptos and Atomrigs Lab to enhance its web3 wallet service, known as T wallet. The move is expected to bolster the telco firm’s position in the world of decentralized applications and customer-preferred mainnets.

Strengthening the Web3 Wallet: The T Wallet Project

The T wallet, SK Telecom’s web3 wallet service, has been gaining momentum in the crypto space. The company, in a LinkedIn post, shared its vision of making the T wallet even more robust. By collaborating with Aptos and Atomrigs Lab, SK Telecom aims to further develop and diversify the capabilities of the T wallet, ensuring it remains competitive and user-friendly.

Read Also: Japanese Banks Adopt XRP for Global Payments Full Integration Expected by 2025

First Non-Ethereum Virtual Machine Blockchain Integration

One of the key highlights of this partnership is SK Telecom’s first foray into non-Ethereum virtual machine blockchain integration. This marks a significant step in the company’s blockchain journey. The move not only showcases SK Telecom’s commitment to staying ahead in the rapidly evolving blockchain landscape but also demonstrates its willingness to embrace a variety of blockchain technologies, expanding the options available to its users.

Read Also:  SHIB Grasps Short-Term Rebound Opportunity: Here's the Catch

Aptos: Paving the Way for a Broader Audience

SK Telecom’s collaboration with Aptos is expected to bring tangible benefits to T wallet users. By connecting to the promising dApp ecosystem within Aptos, SK Telecom aims to provide an enriched and seamless experience. Aptos’ innovative MoveVM blockchain technology will play a pivotal role in making Web3 services more accessible to a broader audience. The integration of MoveVM technology promises sub-second latency, best-in-class throughput, and enterprise-grade operations.

Avery Ching, co-founder and Chief Technology Officer of Aptos, expressed his enthusiasm for the collaboration, emphasizing its potential to unlock new classes of internet experiences with blockchain technology at the core.

Read Also: XRP, Dogecoin, and Tradecurve Markets: Comparing 3 Low-Cost Cryptos

Building Momentum: SK Telecom’s Commitment to Web3

This partnership with Aptos comes on the heels of SK Telecom’s recent collaboration with CryptoQuant for the launch of T wallet. The T wallet is a blockchain-based application that allows users to securely store tokens on their mobile devices, offering a seamless and user-friendly experience. This move reflects SK Telecom’s commitment to staying ahead of the curve and embracing the potential of blockchain technology.

Moreover, in August, SK Telecom formed a partnership with Polygon Labs to further develop its web3 ecosystem, demonstrating its sustained enthusiasm for the technology and a vision to expand its offerings.

Read Also:  Asia emerges as a promising haven amid the crypto winter

Read Also: Coinbase Obtains Major Payment License from Singapore’s Monetary Authority


SK Telecom’s strategic partnerships with Aptos and Atomrigs Lab signify the company’s bullish outlook on the web3 landscape and its commitment to delivering cutting-edge blockchain-based solutions to its customers. The collaborative efforts aim to not only elevate the T wallet but also open up new possibilities in the world of decentralized applications and mainnets, ultimately benefiting users and cementing SK Telecom’s position as a pioneering force in the realm of blockchain technology.

For the Latest Crypto News follow the Coinography and Subscribe our YouTube channel or follow us on social media platforms like Twitter, Facebook, Instagram and LinkedIn.

0 0 votes
Article Rating
Notify of
Inline Feedbacks
View all comments

Get Latest Updates

Latest News

Web Stories

Latest News

Would love your thoughts, please comment.x
Scroll to Top
Bitcoin ETFs Surge as Investors Seek Exposure Coinbase, Andreessen Horowitz, and Ripple have joined forces to fund a new crypto DMM Bitcoin Hit by $305M Hack Ripple Releases 1 Billion XRP Tokens What to Expect from Bitcoin’s Price Rally in H2 2024 Trump’s MAGA Coin Soars 7% While Biden Parody Sinks Amid Ex-President’s Trial — NFTs Hold Steady Analyst Warns About Dogecoin Decline CME Denies Solana Futures Plans Amid Growing Rumors Can PEPE flip Polygon? Market cap race heats up! Why Bitcoin Price Is Down Today? Cristiano Ronaldo Launches 4th NFT Collection on Binance Amid $1B Lawsuit Coinbase Alleges SEC Dodging Howey Test in New Appeal Ethereum ETFs Granted Official Approval by SEC Crypto Whale Splurges $10.4 Million on Meme Coin PEPE SOL Price Nearing Support as On-Chain Activity Dips for Solana Penguiana Meme Coin’s Presale Achieves Success, Raising 290 SOL Solana to Bitcoin Bridge, Zeus Network, Set for Debut in Q3 2024 DeFi Lending Leader Aave Unveils V4 Protocol Overhaul MicroStrategy (MSTR) Incurs Losses in Q1 After Digital Asset Impairment Takes Toll Upbit Emerges as Top Five Crypto Exchange, Posing Challenge to Binance, Coinbase