Kakao’s Blockchain Affiliate Ground X Launches Digital Asset Wallet “Klip”

Ground X, the blockchain subsidiary of the leading South Korean mobile platform, Kakao, announced on Wednesday the launch of its digital asset wallet, Klip. According to Ground X, Klip offers users the opportunity to experience digital asset on their mobile devices. The wallet is available on the mobile messaging app KakaoTalk.

“Klip defines a digital asset as any information or content that has value. Typical examples include gaming items, cyber money, and mileage points. Thanks to the advancement of blockchain technology in recent years, online content and even user internet activity that was previously unable to be quantified and priced can now be assetized.”

Ground X further revealed Klip users may safely store and easily transfer digital assets obtained from Klaytn-based blockchain apps across different verticals such as social networking, gaming, and e-commerce. The wallet also provides a feature that allows partners to issue NFTs of their choice.  Jason Han, CEO of Ground X, stated:

“Klip enables people to experience digital assets, which are the core elements of the next internet paradigm, on the mobile platform that they feel the most comfortable with. We have focused on developing a digital wallet that is easy and convenient enough to be used by those who have no previous experience with blockchain technology.”

Ground X added it is expected to add more features to Klip in the coming months.

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