Team Blackbird, the brains behind the CryptoQuant blockchain data analysis platform, announced a strategic partnership with SK Telecom (SKT), the telecommunications giant under the South Korean conglomerate SK Group, media reports said.
The key objective of this alliance is to synergize CryptoQuant’s proficiency in on-chain data analysis with SK Telecom’s prowess in mobile technology. The result? The birth of SKT’s T wallet service—a cutting-edge blockchain-powered mobile wallet application designed to offer users a secure and efficient platform.
CryptoQuant, catering to over 1 million traders worldwide provide on-chain data to renowned clients such as the Chicago Mercantile Exchange (CME) Group and Moody’s Analytics. The platform also collaborates with South Korean fintech company Koscom Corp, supplying on-chain data for its investment analysis information terminal service, CHECK Expert+.
Ju Ki-young, CEO of CryptoQuant, emphasized the partnership’s alignment with the company’s mission—to foster a digital asset market culture that lowers entry barriers, particularly in the realm of blockchain technology and on-chain data. Ki-young expressed the ambition to empower retail investors with data-driven insights previously exclusive to institutional players, underlining the dedication to broadening on-chain data access through the T wallet.
Kim Jong-seung, Director at SKT, expressed enthusiasm for CryptoQuant’s on-chain data analytics, foreseeing its value for individuals ranging from digital asset beginners to decentralized app (dApp) enthusiasts and advanced users. He believes that these developments will not only pave the way for a robust digital asset market but also contribute to the broader adoption of Web3.