KakaoTalk to integrate a cryptocurrency wallet on app

[Unblock_news]

One of the most popular messaging/chat application today, KakaoTalk, is reported to be in deliberation for possible integration of a crypto wallet.


Full article here: https://www.unblock.news/news/kakaotalk-integrate-cryptocurrency-wallet-app

[o_e_l_e_o]

Not sure I would call them "one of the most popular". It has less than 50 million active monthly users, compared to WhatsApp's 1.5 billion, Facebook Messenger's 1.3 billion and iMessage's 1 billion. It's certainly big in South Korea and Southeast Asia, but it has a very limited global presence.

Still, it's nice to see they seem to be thinking of integrating a bitcoin or multi-coin wallet, as opposed to launching their own centralized scam coin like Facebook and many other large companies are planning.

[romero121]

Not sure I would call them "one of the most popular". It has less than 50 million active monthly users, compared to WhatsApp's 1.5 billion, Facebook Messenger's 1.3 billion and iMessage's 1 billion. It's certainly big in South Korea and Southeast Asia, but it has a very limited global presence.

Still, it's nice to see they seem to be thinking of integrating a bitcoin or multi-coin wallet, as opposed to launching their own centralized scam coin like Facebook and many other large companies are planning.

In terms of users kakaoTalk stands behind the popular whatsapp, Facebook and other social networking applications. At the same time it is the one that's been making an advancement integrating a crypto wallet to the application. This could help them out in reaching out of South Korea which is its major market right now.

[maydna]

KakaoTalk still discussing to integrate a cryptocurrency wallet functions to KakaoTalk, but nothing is confirmed yet.

I read at

“It’s true that we are [internally] discussing whether we will add cryptocurrency wallet functions to KakaoTalk, but nothing is confirmed yet.”

So, it still needs time before the user of KakaoTalk can use cryptocurrency in those apps. It will be a long time before they can get one vote to integrate with cryptocurrency. But this is good news for cryptocurrency user because it will help crypto to spread up in the KakaoTalk user. So, let's wait for the next information from them.

[Bitinity]

Kakaotalk maybe is the South Korean's biggest messaging application but I dont think it is one of the most popular app worldwide. As what I heard, they are going to have their own Blockchain network called Klatyn. I'm not really sure if it will be a success project but I think it will be more hype if the app that is going to integrate crypto wallet is Whatsapp which is the number one used messaging app all around the world.

[alisafidel58]

It is nice to see that a big company in South Korea its major step and integrating cryptocurrency in their messaging app. I think they are trying to compete with the Facebook messenger.

[livingfree]

I think Kakaotalk focuses only in some countries that's why they can't be matched with some other large messaging apps. However with this kind of news or rumors as said, we can't still say that they will integrate a wallet soon.

If there's other reliable news that can be put on the table verifying this it would be great. But if this is ever true, it's still large adoption coming because the number of users they have is still large enough to gain demand.

[leonair]

Kakaotalk maybe is the South Korean's biggest messaging application but I dont think it is one of the most popular app worldwide. As what I heard, they are going to have their own Blockchain network called Klatyn. I'm not really sure if it will be a success project but I think it will be more hype if the app that is going to integrate crypto wallet is Whatsapp which is the number one used messaging app all around the world.

I understand where you are coming from but South Korean people is one of the most active nation in Asia in using cryptocurrencies, with that being said I think it's a good move for Kakaotalk to continue their idea.

Whatsapp is indeed a well known messaging app in the world with billion of users but it started small also just before just like Kakaotalk, who knows maybe Kakaotalk would be the next big thing if they implement the integration of cryptocurrency wallet on their platform.

[Kemarit]

It is nice to see that a big company in South Korea its major step and integrating cryptocurrency in their messaging app. I think they are trying to compete with the Facebook messenger.

South Korea together with Japan has been leading the way for crypto specially in the Asian region so I'm not surprised by the news. I'd say Kakao is mostly popular in Asia only so this is a big step for them to integrate crypto (if the news is true) and probably wanted to complete on the global scale since crypto is slowly gaining some grounds this year. Just recently, Samsung integrate a built in wallet for crypto, so definitely, there a lot of thing going on in crypto sphere and Kakao seized this opportunity to maybe became competitive with other message apps out there.

[BitHodler]

I think Kakaotalk focuses only in some countries that's why they can't be matched with some other large messaging apps.

Well, these geographically oriented platforms are quite important for adoption considering that competitors like whatsapp aren't allowed to operate everywhere. This is how you reach every spot of the world.

I think that with time, even the Chinese government will have to admit that they can't stop Bitcoin and open up more instead of trying to shut down and ban everything. People think China is out of crypto, but they aren't.

It wouldn't even surprise me if China is still leading in terms of being the country with the most crypto related users. It's not for nothing that weird Asian exchanges became so popular. Chinese traders use them.

[harizen]

Kakaotalk is the most used messaging platform during my old days of online gaming. But now, the most used are Discord, Telegram and FB Messenger. Well then, looks like they are still the most used on other genres as what we can see on their user stats.

Back to crypto thing, honestly it was a great move. It just shows that many companies at different industry is recognizing crypto more. If ever implemented, surely other competitors will think of implementing it too. It will also contribute to the crypto awareness.

Let's not be negative here and just wait for the output.

[ryap12]

In the past few months, I did notice that most korean cryptocurrency giveaways requires kakaotalk so maybe they finally decided to work on cryptocurrency since they are already an established messaging app and might need to integrate their own cryptocurrency within it's network. I am from the Philippines and I have never used Kakaotalk as we use messenger from facebook so I don't have the whole picture how kakaotalk works.

[rizkyhiw]

I am not so sure that it will be good or popular, but if they do more and better promotions there will be good progress, given that I know that Kakaotalk is not too popular now with not too many users, but I still appreciate what they make it in the future, hopefully it can reach its maximum point with genuine development, I will always listen.

[dothebeats]

I'm not sure about this as the messaging app has less than 60M concurrent users every month, and only a limited part of the Southeast Asian region really utilizes the said app (popular in Singapore, Malaysia and SoKor, if I'm not mistaken) for everyday use. Integrating a crypto wallet into something that people uses everyday is a great start, no matter how few or how many the users are. They will get curious and it will spark their interests even further, causing a surge in searches for the term and possibly, surge in investors. A good move, I'd say, though I don't think the change or effect would be substantial/

[daarul50]

One of the most popular messaging/chat application today, KakaoTalk, is reported to be in deliberation for possible integration of a crypto wallet.


Full article here: https://www.unblock.news/news/kakaotalk-integrate-cryptocurrency-wallet-app

There has been a lot of news like this before but what I remember is that no news like this has been realized to be applied in the various applications mentioned.

[AhmadM]

I don't think that kakaotalk is not as popular as you said. However, it is good news related to cryptocurrency world. It seems many big companies especially on social network field are racing for adopting cryptocurrency to their platform.

[TheCoinGrabber]

It's not yet confirmed by the company itself but it shouldn't be surprising. East Asia tends to be more open to online payments, the Chinese already do a lot of transactions through Wechat for example.

Add to that South Korea's less strict policies towards crypto and you get a cryptowallet in Kakao. Hopefully this is true. So far Kakao is still popular in SEA. Not as much as FBM but if it offers a wallet and payment options, crypto enthusiasts might try it out.

[n0ne]

KakaoTalk still discussing to integrate a cryptocurrency wallet functions to KakaoTalk, but nothing is confirmed yet.

I read at

“It’s true that we are [internally] discussing whether we will add cryptocurrency wallet functions to KakaoTalk, but nothing is confirmed yet.”

So, it still needs time before the user of KakaoTalk can use cryptocurrency in those apps. It will be a long time before they can get one vote to integrate with cryptocurrency. But this is good news for cryptocurrency user because it will help crypto to spread up in the KakaoTalk user. So, let's wait for the next information from them.

From the quote it is clear about the integration of the wallet hasn't taken place yet. I believe this beginning of integrating wallets to the apps existed once after Samsung's entry through recent launch of S10 series having access to store five different cryptocurrencies and it is inbuilt. Few of which are the top crypto's. Can expect more applications integrating cryptocurrency wallets.

[shoreno]

im sure that almost all of us do already heard of kakaotalk because this messaging app/platform is being advertise before on local t.v's  and maybe around the net like on social media platforms such as on facebook and youtube and its actually quite popular before but it didnt last a long time because other messaging apps are being created every single day and people also loves to try other new stuff's   .  

i believe this idea of kakaotalk partnering with crypto can again bring its fame and other popular apps that dont currently support crypto are now going to be left behind  .

[Baofeng]

Every news like this for the benefit of crypto should be taken in a positive way. KakaoTalk might have less users as compare to other messaging apps, but integrating crypto wallet is like a good marketing ploy for their services. Because we all know the more and more people are engaging in crypto and them adding a wallet will surely bring interest on their apps again, specially around the South East nations. So still a very welcoming news for everyone.