LG has applied for registration of the ThinQ Wallet cryptocurrency wallet trademark

LG has applied for registration of the ThinQ Wallet cryptocurrency wallet trademark

The South Korean company LG, it seems, is working on creating a cryptocurrency wallet – it recently submitted an application for registration of the ThinQ Wallet trademark.

An application has been filed with the United States Patent and Trademark Office (USPTO) describing a product that can be used in several ways. So, ThinQ Wallet will be a “blockchain platform, a mobile electronic wallet for storing cryptocurrencies and a payment application for mobile phones”.

It is worth noting that the ThinQ trademark is also used for a number of smartphones of the South Korean conglomerate. Earlier, one of the company’s main competitors, the Samsung concern, introduced a built-in cryptocurrency wallet in the S10 flagship line, and HTC released the Exodus 1 blockchain smartphone.

LG has long been exploring the possibilities of the blockchain and is developing appropriate solutions. Last spring, a subsidiary of LG CNS launched the blockchain platform Monachain, which is used in the field of logistics. Recently it became known that on this platform will be built a system that tracks the supply of food to schools in South Korea.


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