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SK Telecom Teams Up with Ahnlab and Atomrigs for E-Wallet Service

By Sarah Chen
1 min read
SK telecom
SK telecom
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SK Telecom announced that it has collaborated with the startup firms AhnLab Blockchain Company and Atomrigs Lab to develop its digital wallet service called Web3 wallet.

In a press release, the company said the digital wallet services will integrate different types of virtual assets, including cryptocurrencies and NFTs, among others, which can be used to verify a person’s identity.

The Web3 wallet service will be based on the e-wallet technology to be developed by Atomrigs Lab. After its completion, SK Telecom and AhnLab Blockchain Company will take over the implementation, while Atomrigs will deliver technical support services to their operations.

The company said in the statement, “Users can safely manage their digital assets through the Web3 Wallet and use it as a point of contact for various Web3-oriented distributed app services.”

The three companies met during a signing ceremony held at AhnLab Blockchain Company’s headquarters building in Seongnam City, Gyeonggi Province in South Korea.

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Questions & Answers

Q.

What is the primary purpose of SK Telecom's new Web3 wallet service?

A.

The Web3 wallet service aims to integrate various virtual assets like cryptocurrencies and NFTs. It will also allow users to verify their identity through these digital assets, offering a point of contact for Web3-oriented distributed app services.

Q.

Which company is responsible for developing the core e-wallet technology for the Web3 wallet?

A.

Atomrigs Lab is responsible for developing the core e-wallet technology that the Web3 wallet service will be based on. They will also provide technical support once the service is operational.

Q.

What roles will SK Telecom and AhnLab Blockchain Company play after the e-wallet technology is developed?

A.

After the e-wallet technology is developed by Atomrigs Lab, SK Telecom and AhnLab Blockchain Company will take over the implementation of the Web3 wallet service. Atomrigs will then provide technical support for their operations.

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