The media learned about LG plans to release a crypto -coshery based on Hedera Hashgraph
The South Korean technological giant LG Electronics is preparing in the third quarter of 2022 to release the Wallypto cryptocurrency wallet based on the Hedera Hashgraph network. This is reported by News1.
In August, the corporation began beta testing of the application as the last stage of verification.
According to the publication, LG registered the name and logo of the wallet as trademarks Against the background in Korea and abroad.
At the initial stage, Wallypto supports HTS and NFT tokens based on Hedera. It is expected that after the official release, the developers will expand the list of integrated networks and assets.
Journalists recalled that in March the company introduced « Development and sale on the basis of the blockchain » to the constituent documents.
In their opinion, the new direction can cause the effect of synergy with such main activities of the company as household appliances and electronics. Presumably, the wallet will be able to interact with the IOT devices built on the LG ThinQ platform.
“From the point of view of the manufacturer of electronics, they are, like no one in the payment system, since they can control and receive high -quality data,” commented the professor of the Higher School of Information Security of Korean University Kim Son Zju.
Such information is extremely useful for the development of new business models and services, he emphasized.
Recall, back in 2019, LG Electronics filed a patent application for crypto-coolant and announced the production of blockchain commercials. The company left the market of mobile devices in 2021.
In January 2022, LG, following Samsung, introduced a line of models of smart televisors with NFT support.
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