IoTrust, a blockchain wallet specialist company, announced on the 12th that it has signed an MOU for business cooperation between its enterprise Web3 wallet service ‘Wepin’ and Bitok’s ‘IsoBox’ service.
IoTrust offers the total Web3 wallet solution ‘Wepin’. ‘Wepin’ can be utilized in various fields such as game companies that want to provide wallet functions to in-app users, non-IT entertainment, sports, luxury, and fashion companies seeking to adopt NFTs, and social, shopping, and travel industries preparing to transition from Web2 to Web3.
It can also be integrated with DeFi, DEX, decentralized autonomous organizations (DAO), and other platforms requiring activities such as transactions, investments, and governance by connecting to mainnets and dApps.
‘IsoBox’ is a global MZ-targeted metaverse community that provides a platform for NFT creators to issue NFTs and operates its own item NFT marketplace. Bitok, the service provider, was founded in 2020 by talents with game development capabilities from Netmarble, Nexon, Smilegate, and others.
An IoTrust official stated, “Through this business agreement, we have created an opportunity to provide Wepin wallet technology as a solution to IsoBox. We will fully serve as wallet infrastructure so that partnered companies can focus on their unique services instead of investing time and funds in wallet infrastructure.”
Meanwhile, IoTrust is the developer of the B2C wallet ‘Decent’ and currently provides digital asset custody and management services to 1.5 million users in 200 countries.
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