Korbit Launches Non-Custodial Personal Wallet 'Korbit Web3 Wallet'... "Connecting to Silicon Blockchain"

Korbit, the first virtual asset exchange in Korea, announced on the 10th that it will launch a non-custodial personal wallet, the 'Korbit Web3 Wallet.'

The Korbit Web3 Wallet is based on the Layer 2 'Silicon' network, boasting the stability and fast transaction speed of the Ethereum ecosystem. Silicon is a blockchain network launched by 'Hydro,' a joint venture between Korbit and blockchain technology company OGIS. It is built using Polygon Chain Development Kit (Polygon CDK) Zero-Knowledge Proof rollup technology.

Korbit is the first domestic virtual asset exchange to provide a personal wallet that allows centralized exchange users to connect with the Silicon blockchain. Through this wallet, direct asset linkage with the Korbit exchange becomes possible. Transactions within the wallet can be processed with simple authentication (biometric authentication, simple password), enhancing authentication convenience. Users can easily create a Web3 wallet with just a Korbit account, and anyone can verify their eligibility and receive token airdrops.

Additionally, it supports WalletConnect functionality, enabling user data connection (anchoring) between external projects (services) and Dapps. This is expected to serve as a gateway between Web2 and Web3 services.

To commemorate the launch of the Korbit Web3 Wallet service, Korbit will hold a random box event offering a total prize of 15 Ethereum. The event runs from today until March 21 and is available to members who create a Web3 wallet and complete customer verification and Shinhan Bank account linkage.

Participants can receive random boxes through daily attendance checks and four missions. Rewards include Ethereum (ETH) and Web3 Score. After the event ends, badges will be awarded to users based on the weighted accumulation of Web3 Scores, providing opportunities for more airdrops in the future.

Sejin Oh, CEO of Korbit, emphasized, "Through the Korbit Web3 Wallet, we aim to provide users with Web3 elements while expanding the usability of centralized exchanges. We will secure competitiveness by supplying liquidity in new markets and contribute to the development of the domestic Web3 industry."