LG Electronics to Create Wallypto Crypto Wallet
The tech giant plans to make its mark on the digital asset space. In Q3 2022, the company will launch a new project called Wallypto.
This is a crypto wallet built on Hedera Hashgraph. At the start, it will store HTS and NFT tokens of the Hedera network. Subsequently, the wallet will support other assets and blockchains.
The project is in a high degree of readiness. At the end of the summer, beta testing of the product began before its launch. The Wallypto logo and name have been registered as trademarks in both Korea and other countries.
The new field of activity, according to experts, coincides with the main activity of the company - the creation of household appliances and the development of electronics. Therefore, it is likely that it will be able to interact with IoT devices running on LG ThinQ.
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