SK Telecom, a telecom giant in South Korea, announced a partnership with Aptos and Atomrigs Lab, aiming for an expansion in the Web3 world.<\/span><\/p>\n On November 7, SK Telecom took to their official X (formerly known as Twitter) handle and shared an update. As per their X post, the collaboration will help SK Telecom to build a secure web3 experience for their users, in South Korea.<\/span><\/p>\n <\/p>\n It is to be noted, that the partnership with Aptos marks the first non-Ethereum Virtual Machine (EVM<\/a>) Collaboration of SK Telecom, which will be launching Web3<\/a> Wallet also known as T Wallet.<\/span><\/p>\n Speaking of the goal of this partnership, the triptote partnership between Aptos, Atmorigs Lab, and SK Telecom will give wings to the vision of a Web3 wallet and non-fungible token (NFT)<\/a> marketplace. Notably, this is a project previously unveiled by the company, and holds an aim of expansion, providing a secure Web3 experience.<\/span><\/p>\n While SK Telecom will emphasize working for a secure platform for transactions involving NFTs and other digital assets, the two partners will play a crucial role in blockchain technology.<\/span><\/p>\n <\/p>\n Having high expectations with the three-party collaboration, Aptos\u2019 technology chief and co-founder Avery Ching, said in this partnership with SK Telecom, Aptos will be providing users with tangible value by connecting to the promising decentralized application (dApp)<\/a> ecosystem within Aptos.\u00a0<\/span><\/p>\n Also Read: Shiba Inu Burn Rate Surges 13,000% Amid Whales Moving 11 Trillion SHIB<\/a><\/strong><\/p>\n <\/p>\n It is to be noted, that since July 22, SK Telecom visioned to enter the Web3<\/a> and Blockchain space. Recently in the past two months, giving a boost to the same, SK Telecom joined hands with Crypto Quant. The partnership in October was to introduce the T wallet, a blockchain-based application designed to enable users to store tokens on their mobile devices securely.<\/span><\/p>\n Moreover, in August, SK Telecom formed a partnership with Polygon Labs for the development and expansion of its web3 ecosystem.\u00a0<\/span><\/p>\n Now, in November, the giant telecom company of South Korea, teamed up with Aptos and Atomrigs Lab, which will enhance the work to venture into a seamless and secure Web3 zone, backed by Blockchain<\/a> technology in South Korea.<\/span><\/p>\n Furthermore, a recent survey data conducted by South Korea\u2019s National Tax Service (NTS) revealed that residents hold more than 70% of their overseas assets in cryptocurrency<\/a>.<\/span><\/p>\n As per the report, approximately 5,419 entities hold their overseas financial accounts, with a total of 186.4 trillion won ($140 million) in assets like cryptocurrencies and stocks, as well as deposits and savings.<\/span><\/p>\n Also Read: LHV Bank Founder Mulls Giveaway For $470 Mln Ethereum Wallet Recovery<\/a><\/strong><\/p>\nSK Telecom Partners With Aptos\u00a0<\/span><\/h2>\n
SK Telecom\u2019s Past Strategic Alliance in Web3 Industry and Blockchain<\/span><\/h2>\n
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