Tech giant LG Electronics plans to launch Wallypto, a network-based cryptocurrency wallet in the third quarter of 2022 Hedera Hashgraph. The publication reports this information. News1.
During August, the corporation tested the application before releasing it to the market.
Journalists also write that LG has registered the name and logo of the wallet as trademarks in Korea and abroad.
Initially, Wallypto will support Hedera-based HTS and NFT tokens. But after the official release, the developers will expand the list of integrated networks and assets.
According to the publication, the wallet can become part of the ecosystem and interact with IoT devices built on the LG ThinQ platform.
“From the point of view of an electronics manufacturer, they are more interested in the payment system because they can control it and receive high-quality data,” Kim Seung-joo, a professor at the Graduate School of Information Security at Korea University, told the publication.
Recall that in January 2022, LG, following Samsung, introduced a line of NFT-enabled smart TVs.
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