Oh Sae-hyun, the Executive Vice President of South Korean telecommunications giant SK Telecom, stated in his keynote speech at UDC2023 that we are looking for high value-added markets to expand our business. SK Telecom is actively building Web3 infrastructure to prepare for the Web3 era. Currently, SK is planning a strategy to move 30 million users from Web 2 to Web 3.

SK Telecom's Vice President, Wu Shixian, stated at the UpBit D conference held in Seoul that since the rise of large technology companies, the gap in overall Gross Domestic Product (GDP) between the United States and Europe has continued to widen. This highlights the importance of digital transformation. The digital economy is based on information and communication technology and represents all economic value. In the next 10 years, 70% of all new value created will be based on digital platform businesses. Web3 will play a key role in the development of these businesses, enabling the digital economy through a trust-based infrastructure.

South Korea's largest telecommunications company, SK Telecom, is partnering with Atomrigs Lab to develop a Web3 wallet on the Aptos blockchain. The wallet will use Atomrigs' multi-party computation (MPC) encryption technology to secure assets and hold virtual assets including non-fungible tokens (NFTs), digital IDs, and cryptocurrencies like Ethereum and Klayton. SK Telecom plans to link its Web3 wallet with its mobile wallet to expand its applicable use cases. The partnership is part of SK Telecom's commitment to delivering a seamless and secure Web3 experience for users. Aptos Labs has been expanding its partnership portfolio with some of the world's largest companies to onboard masses to Web3.

SK Telecom, the South Korean telecommunications giant, announced a three-party agreement with Layer 1 blockchain network Aptos and SK Telecom technology partner Atomrigs Lab. SK Telecom aims to provide users with a seamless and secure Web3 experience through this collaboration.

Jong-seung Kim, the head of SK Telecom's Web3 business team in South Korea, stated that Web3.0 is our business direction. The concept of Web3 is unfamiliar and difficult for current Web2 users, so we hope to integrate Web3's features and characteristics into the user experience of Web2 as much as possible, rather than exposing the difficulties.