<p>Team Blackbird, the operator of blockchain data analysis platform CryptoQuant, <a href="https://news.einfomax.co.kr/news/articleView.html?idxno&#61;4284085" rel="noopener noreferrer nofollow">revealed</a> on October 16 (local time) a new collaboration with SK Telecom (SKT), the telecommunications arm of South Korean conglomerate SK Group.</p><h2 id="header-0">Merging expertise</h2><p>The primary objective of this partnership is to leverage CryptoQuant’s expertise in on-chain data analysis and combine it with SK Telecom’s mobile technology capabilities to launch SKT’s T wallet service. This blockchain-powered mobile wallet application aims to provide a secure and efficient platform for users.</p><p>CryptoQuant serves over 1 million traders globally and provides on-chain data to well-known institutional clients like the Chicago Mercantile Exchange (CME) Group and Moody’s Analytics.</p><p>Additionally, CryptoQuant also supplies some of its on-chain data to South Korean fintech company <a href="https://medium.com/&#64;coinness.gl/koscom-adds-crypto-market-data-to-investment-data-platform-check-expert-dcaa510f076b" rel="noopener noreferrer nofollow">Koscom Corp</a> for its investment analysis information terminal service, CHECK Expert&#43;.</p><h2 id="header-1">Expanding data accessibility</h2><p>Ju Ki-young, CEO of CryptoQuant, said their latest collaborative effort aligns with CryptoQuant’s mission to create a digital asset market culture that lowers entry barriers, especially regarding blockchain technology and on-chain data. Ju highlighted that this endeavor will empower retail investors with data-driven insights that have traditionally been more accessible to institutional investors. Furthermore, he noted the company’s dedication to expanding access to on-chain data through the T wallet, reaching a broader user base.</p><p>Kim Jong-seung, Director at SKT, shared his enthusiasm for CryptoQuant’s on-chain data analytics. Such data-driven information, he noted, will aid everyone from digital asset novices to decentralized app (dApp) enthusiasts and advanced users in making informed decisions. He believes these developments will pave the way for a healthy digital asset market and broader adoption of Web3.</p>

CryptoQuant and SKT Partner to Launch Blockchain-Powered T Wallet Service

Table of Contents

CoinNess Global

Other articles published on Oct 17, 2023

Binance Futures Lists a New Altcoin with 20x Leverage!

Pennsylvania reverses crypto mining permit ban amid union pressure

SEC might cite market manipulation to deny further Bitcoin ETFs

SEC Unveils 2024 Examination Priorities Report

Robert Kiyosaki stresses awareness in unpredictable market times

SEC warns investors after false Bitcoin ETF approval reports

Join our free newsletter for daily crypto updates!