South Korean Telecom Giant Joined the Bandwagon: Will Launch a Cryptocurrency Product!

South Korea’s largest telecommunications company in terms of number of users SK Telecom, a company, is preparing to launch its new mobile cryptocurrency wallet thanks to an important partnership.

telecommunications company SK Telecomblockchain analysis firm CryptoQuant operator Team Blackbird It partnered with to develop a cryptocurrency wallet. Within the scope of the cooperation, the two companiesT walletThe application called ” will be developed.

Thanks to this application, users can save their crypto money. through their phones will be able to store and CryptoQuant’s important from on-chain data They will be able to benefit.

Thanks to this step, not only institutional investors but also individual users will be allowed to make data-driven decisions.

SKT’s Web3 business team leader Jong Seung KimHe stated that the T wallet can provide a great benefit to cryptocurrency users operating in the South Korean market and the developing crypto market.

Making a detailed statement on the subject, CryptoQuant CEO Kiyoung Ju included the potential benefits of the cooperation:

Through our collaboration with SKT, a leader in the local telecommunications market, we hope to improve T wallet users’ understanding of cryptocurrencies. This collaboration represents CryptoQuant’s mission to reduce barriers to blockchain technology and on-chain data, enabling not only institutional clients but also general users to make data-driven decisions, thereby developing a culture in the digital asset market.

Recently, many companies have started to launch cryptocurrency wallets. It was recently revealed that Jack Dorsey’s company, Block, was preparing to release a new Bitcoin (BTC) hardware wallet.

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