SK Telecom Vice President: If legal risks such as FTX are resolved, the crypto market will see significant growth

SK Telecom's Executive Vice President Oh Sae-hyun predicted in his UDC 2023 keynote speech that the virtual asset market, including Bitcoin, will experience significant growth if legal risks such as the FTX scandal are resolved.

In addition, she predicted that 70% of new value creation in the next 10 years will be based on digital platform businesses, and infrastructure such as Web3 will be crucial in supporting this growth. Web3 plays a very important role in supporting the development of such businesses because it provides trust-based infrastructure. Therefore, the development of Web3 technology will play a key role in shaping the digital economy.