The largest South Korean messenger can realize support for cryptocurrency
18.03.19
The material with such a statement was published by the local portal fnnews. Journalists reported that South Korea’s largest Internet conglomerate, Kakao Corp, could provide access to its 44 million user base of cryptocurrencies. The group of companies owns the most popular Korean services KakaoTalk, KakaoPay, KakaoTaxi, KakaoStory and KakaoStock.

Last week it became known that Kakao raised $ 90 million to further develop its blockchain platform Klatyn and plans to raise another $ 90 during the next round.

According to the industry, KakaoTalk will be used as a cryptocurrency wallet. It will allow you to interact with various applications on the blockchain, send, receive and store cryptocurrency. Users who want to manage their cryptocurrency assets via instant messenger will need to activate the corresponding option. Without it, the crypto wallet will not be available.

“Kakao needs a cryptocurrency wallet for Klaytn. The best way to start the service is to integrate a crypto-wallet in KakaoTalk, which over 80% of the population of South Korea use to communicate, ”said one expert.

A company spokesman declined to confirm information sources, but said that KakaoTalk is working on a broader use of blockchain technology.