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Ozys integrates Orbit Swap into SK Telecom’s T Wallet

Web3 & Enterprise·November 01, 2023, 7:49 AM

South Korean blockchain tech company Ozys revealed on Wednesday (local time) that its Orbit Swap service has been incorporated into SK Telecom’s (SKT) T Wallet. This integration allows for the smooth exchange of native tokens within the digital asset wallet service of one of Korea’s major mobile network providers.

Photo by Mariia Shalabaieva on Unsplash

 

T Wallet features

SKT’s T Wallet, accessible on both mobile and web platforms, offers various features. It facilitates the storage and management of digital assets, handles digital content NFTs, supports decentralized applications (dApps) and provides identity verification solutions.

Now equipped with Orbit Swap, T Wallet enables users to seamlessly swap native tokens of blockchains like Bitcoin and Ethereum with a single transaction. Additionally, with Orbit Swap’s explorer feature integrated, users can instantly review their transactions, further improving the user experience.

Orbit Swap was developed as a result of Orbit Bridge, the cross-chain initiative of Ozys. It also supports various tokens, including USDC, USDT, MATIC, XRP and TON.

 

Result of August partnership

This integration marks a result of a partnership between the two companies, established last August, aimed at advancing the Web3 ecosystem.

Both entities are committed to fast-tracking Web3 adoption by developing user-centric services and establishing an ecosystem that contributes to user protection.

Speaking on their collaborative effort, Choi Jin-han, CEO of Ozys, expressed his belief that the Orbit Swap feature would serve as a gateway to a multi-chain ecosystem for T Wallet users.

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