Topic: KakaoTalk to integrate a cryptocurrency wallet on app (Read 713 times)

So what has then been the stress of china about cryptocurrency when most of the applications that are very popular to their citizens are all having some relationship with cryptocurrency, this social media application is one of the largest crypto in the Asian country and they would really make cryptocurrency popular also, I don’t know if it has been released yet because this post is more than 3 months now, and I expect that china should have think of how they are going to support some of these project because once libra coin comes to the market, many of these platforms will really not be heard, so better they make their voice heard today and be fast about whatever they are creating than wait for libra coin to take over completely.

Must be what facebook had in mind too to make use of Libra thru their apps. Facebook is so big that the whole world can fit into it. Only those Chinese aren't there but they already have Kakaotalk which is now in the exchange.  Kakaotalk is very popular to the Chinese and to some countries in Asia. Its how we can make transactions across platforms that will matter when Libra will be launched.

This is basically same as the libra currency facebook is trying to make right? Like they are after helping people move libra from whatsapp that will make sure everyone sends each other money easily via just messages from whatsapp, which would make transactions globally a whole different leave of ease. Kakaotalk has done something like that already and I never heard about it which makes you question, how big is facebook?

Like we know its bigger than kakaotalk for sure but how bigger exactly? I have never heard of kakaotalk and we all heard of facebook so we know its huge but will the difference be enough to say "nobody knows what libra is and only few crypto nuts use it" or "everyone realized libra is amazing and now worldwide everyone uses that to send each other money". If this is any indicator I would say listing your ICO on an exchange has always caused the price to drop at first, maybe they should have created a stablecoin like libra.

The key companies that are associated with the internet services have the ability to make big changes in the market. Upon this I believe Kakao will make big change through its application as well as its native token. More companies have begun to develop applications as default. Recently Samsung too gave erc20 wallet as default with a premium mobile. That too caused some market changes.

South Korea’s Kakao May List Its Klay Token on Chinese Exchange

https://cointelegraph.com/news/south-koreas-kakao-may-list-its-klay-token-on-chinese-exchange

South Korean internet giant Kakao is reportedly planning to list its cryptocurrency Klay on a Chinese crypto exchange and one local exchange.

Well, this is not a bad idea to integrate the ccrypto wallet on the application of Kakaotalk. Because for me, i see this as an another good achievements and.moving forward of the crypto currencies that would bring another impact to the community.

Whether KakaoTalk is one of the most popular messaging application or not, I don't see anything wrong with integrating their own crypto wallet into their application. Maybe they just want their app to have another purpose other than that of communucation means. Assuming their users are into crypto, then they don't have to look for a different wallet anymore. A single application with multi-purpose isn't that bad, right? And besides, they are still discussing about it so let's just wait for their decision.

Kakaotalk is a very Korean phenomenon. I think they can do fiat payments over there using it, not sure. To me it looks bloated, very bloated. Of course Korea has the latest gen smartphones so they don't even notice, but try it with a bit older model and you immediately notice (if the app even installs in your older Android). I don't think there is a kakaotalk lite variant is there?

Japan has Line, China has Wechat (whatever happened to qq), Russia has Telegram (ironically hated by Putin's gov), America has Whatsapp (which sucks the most) and now FB, but thats pulling a group into IM which is redundant since Whatsapp, FB and Instagram are belong to Zuckerberg...

Signal is a "fixed" Whatsapp, but people ignore it. There are private oriented IM like Riot.im (which uses Matrix) and the clients using the tox protocol.

It seems that, as in the early days of IM, we are going to have to use several of them. It all started with Israel's ICQ (yes i know there was talk before), then came others such as AIM, MSN, Yahoo Messenger, etc. An open protocol called XMPP (Jabber) came along and some people use it, most notably Google at first before dumping it for whatever hangouts is.

So how many IM people are supposed to install to communicate with friends? And now each and everyone wants their own coin/token... I'm not opposed to wallet integration into IM, but they should be separate. If Telegram wants an ico, make a separate wallet for it. If both are installed they could integrate, but let people decide if they want both or one. Perhaps they are trying to use their platform as a kind of "free" massive ICO advertising?

Discord was meant as a gamers IM platform, perhaps like the one bundled with Steam (Friends?). Hmm maybe there is MLP reference in there, probably just my imagination...

IRC is good enough. Now get off my lawn!

Here is the full article: https://www.unblock.news/popular/kakaotalk-integrate-cryptocurrency-wallet-app 

Kakaotalk is a popular messaging slash call app before . maybe you are not only aware with that or maybe it is not available on your country because on our country , kakaotalk has been advertise anywhere before  .

im not a fan of this app because there are more better alternatives out there in my opinion  .  im waiting for the fb coin , and the ones that you mention above (  discord and telegram coins )  but all of this idea are great to help the adoption grow more bigger  . kudos to devs

There is wechat who have already made their own token although not a crypto currency.

Why all of a sudden this applications are making their own?
There is telegram too who want to make it happen. I dont know about discord though. But I bet they will also push it through.

Kakaotalk is not so popular for me. I will rather pick telegram and discord than it.
I hope it helps make crypro currencies market better.

I hope that this innovation will help increase the community's trust in bitcoin and crypto currencies, if all this time investors are still awkward to invest in crypto currencies, hopefully with this innovation from Kakaotalk it can show that crypto currencies are safe and potentially profitable for investors. In addition to this, with the crypto currency wallet on the kakaotalk application we will be easier to transact without any distance and time restrictions.

Have you followed the URL in the OP? There's an external link with reports regarding KakaoTalk's official interviews.
Not much an official announcement, but quite "official" since it came from their own words.

Has Kakaotalk made an official announcement regarding this news?
but this good news hopefully can be one of the supporting factors for the development of crypto currencies.

It once become a global hit back on its prime days, I think 5 to 8 years ago. I still remembered that my classmates back in highschool oftenly use this app (along with Simsimi) because of its cute stickers which is very unique that time. But when Messenger upgraded and improve its aesthetic features, its fame suddenly faded away.

Anyway, I know that this is another good news again for us because crypto adoption is crypto adoption, it is significant no matter how small its is. I just wonder why? Why Kakaotalk is planning to have its own crypto wallet? I don't get it to be honest. What is the strong relation between messaging and financing? Hmm .

Is ok that more apps to integrate crypto wallets, but we need that every app to be secure and in that way people will trust and possible some of them will use that app for transfer crypto.

If so, then that's a big advantage for the development and adoption of cryptocurrency in Korea since most Kakaotalk users are Koreans. There are Koreans who want to get involved in cryptocurrency and I guess it's a good start for them. I wish that there would be a cryptocurrency wallet in every app.

I think every app should have it's own cryptocurrency, actually it is good to make the company survive. The more people use the app then the more possibility that those people also interested in it's cryptocurrency. Maybe kakao talk just don't want to lose from facebook which has the same plan. I think cryptocurrency also can solve problem of money transfer fees that charged in those apps transactions related with advertiser.

Isnt already been approved/applied?

I cant see for a reason that it will give big impact on crypto market considering that users of Kakaotalk isn't really that big of a number but still a good thing on seeing the adoption which do integrates
crypto into traditional chat apps.

Well we are using facebook messenger. BTW I am not famiiar with kakaotalk but if it means that it is another good news for cryptocurrency then I am 100% support to it especially that now bitcoin market has slowly taking its recovery.

Who.knows that there could be more integration in the near future using blockchain technology.Block chain has a bright future over integration to even centralized system.