SK Telecom has announced a three-way partnership with Aptos Labs, a rapidly growing layer 1 blockchain, and its technology partner, Atomrigs Lab. This strategic partnership aims to establish connections with popular layer 1 mainnets and decentralized applications (dApps), primarily for SK Telecom’s Web3 wallet service, T wallet.
According to SK Telecom, this collaboration with Aptos, SK Telecom’s first non-Ethereum Virtual Machine (EVM) blockchain, will enable SK Telecom to provide its users with a smooth and secure Web3 experience.
“We will also provide users with tangible value by connecting to the promising dApp ecosystem within Aptos.”
Integrating Aptos’ innovative MoveVM blockchain technology will be a significant step in making Web3 services more accessible to a broader user base.
The Aptos Foundation is dedicated to promoting network growth, supporting a thriving ecosystem, and encouraging developers to enhance the infrastructure of the Aptos layer 1 blockchain.
According to SK Telecom, Aptos is constructing a layer 1 blockchain that will empower the next wave of Web3 applications, focusing on improving user experience, streamlining development, enhancing credibility, and supporting the applications that will shape the future.
Similarly, SK Telecom launched Ifland, its metaverse platform in South Korea in July 2021, and it has since expanded globally, with the global version available in English, Traditional Chinese, Simplified Chinese, and Japanese. By introducing a new virtual currency called “Stone,” to its platform, Ifland aims to offer users additional features and tools to enhance engagement.
SK Telecom clarified that the new digital currency “Stone” introduces a robust economic system to Ifland, distinguishing between paid and free items. Ifland users can purchase “Stones” through in-app purchases on platforms like the App Store, enabling them to acquire premium virtual items and support influencers.
According to a recent report from the National Tax Service (NTS), South Koreans hold more than 70% of their overseas assets in the form of cryptocurrency.
Official statistics show that 5,419 entities disclosed their overseas financial accounts, and they have a combined asset value of 186.4 trillion won ($140 million), which includes cryptocurrencies, stocks, deposits, and savings.
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