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SK Telecom, a telecom giant in South Korea, announced a partnership with Aptos and Atomrigs Lab, aiming for an expansion in the Web3 world. 
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. 
<h2 id="span-data-preserver-spaces-true-sk-telecom-partners-with-aptos-span">SK Telecom Partners With Aptos&nbsp;</h2> 
It is to be noted, that the partnership with Aptos marks the first non-Ethereum Virtual Machine (<a href="https://coingape.com/blog/what-is-ethereum-virtual-machine-and-how-does-it-work/" target="_blank" rel="noopener">EVM</a>) Collaboration of SK Telecom, which will be launching <a href="https://coingape.com/glossary/web-3-0/" target="_blank" rel="noopener">Web3</a> Wallet also known as T Wallet. 
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 <a href="https://coingape.com/glossary/nft-non-fungible-token/" target="_blank" rel="noopener">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. 
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. 
Having high expectations with the three-party collaboration, Aptos’ 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 <a href="https://coingape.com/glossary/decentralized-applications-dapps/" target="_blank" rel="noopener">decentralized application (dApp)</a> ecosystem within Aptos.&nbsp; 
Also Read: <a href="https://coingape.com/shiba-inu-burn-rate-surges-13000-amid-whales-moving-11-trillion-shib/" target="_blank" rel="noopener">Shiba Inu Burn Rate Surges 13,000% Amid Whales Moving 11 Trillion SHIB</a> 
<h2 id="span-data-preserver-spaces-true-sk-telecom-s-past-strategic-alliance-in-web3-industry-and-blockchain-span">SK Telecom’s Past Strategic Alliance in Web3 Industry and Blockchain</h2> 
It is to be noted, that since July 22, <a href="https://coingape.com/breaking-south-korean-financial-giant-sk-group-issue-cryptocurrency/" target="_blank" rel="noopener">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. 
Moreover, in August, SK Telecom formed a partnership with Polygon Labs for the development and expansion of its web3 ecosystem.&nbsp; 
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 <a href="https://coingape.com/glossary/blockchain/" target="_blank" rel="noopener">Blockchain</a> technology in South Korea. 
Furthermore, a recent survey data conducted by South Korea’s National Tax Service (NTS) revealed that residents hold more than 70% of their overseas assets in <a href="https://coingape.com/glossary/cryptocurrency/" target="_blank" rel="noopener">cryptocurrency</a>. 
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. 
Also Read: <a href="https://coingape.com/lhv-bank-founder-mulls-giveaway-for-470-mln-ethereum-wallet-recovery/" target="_blank" rel="noopener">LHV Bank Founder Mulls Giveaway For $470 Mln Ethereum Wallet Recovery</a> 
The post <a rel="nofollow" href="https://coingape.com/sk-telecom-partners-with-aptos-atomrigs-lab-aims-secure-web3/">SK Telecom Enhance Web3 Offerings With Aptos &amp; Atomrigs Lab Partnership</a> appeared first on <a rel="nofollow" href="https://coingape.com">CoinGape</a>.

SK Telecom Enhance Web3 Offerings With Aptos & Atomrigs Lab Partnership

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