LG enters web3 with Cryto wallet
LG enters web3 with Cryto wallet
About LG Corp
About LG Corp
LG is South Korean based Corporation focused on producing world class consumer goods for everyday living
What's the news?
What's the news?
LG is all set to launch its digital wallet by the end of this year. The wallet is called
Wallypto
What ths use-case?
What ths use-case?
The wallet will be used to record blockchain transactions & will be part of inventory management
Supported Technology
Supported Technology
The wallet will be built on Hedera technology which isn't a blockchain tech. &
it uses Gossips to confirm the transactions
LG Art Lab
LG Art Lab
LG has also announced the launch of NFT marketplace for its Smart TVs. Details -
LG NFT Art Lab
LG NFT Art Lab
Samsung Response
Samsung Response
LG's competitor Samsung has already announced the launch of its crypto exchange in early 2023.
A step towards adoption
Scope for Web3 mobile?
Scope for Web3 mobile?
Both LG & Samsung are silent on this question. The companies are looking for green signals to dedicate resources for web3 development.
Also Read:
Also Read:
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Will Hedera Moon?
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Will Hedera Moon?
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FIFA NFT & ALGO
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FIFA NFT & ALGO
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NFT Marketplaces
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NFT Marketplaces
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