Telegram Messenger to Launch Its Blockchain Platform And Cryptocurrency
Telegram is i of the near popular messaging apps out there. The app gained momentum when world's leading messaging application WhatsApp was acquired by Facebook and there was a lot of concern regarding the privacy of users. Now, Telegram boasts of more than 180 million monthly active users and has become one of the most used messaging apps in the globe. Edifice on its success, the company is gear up to release its own blockchain platform with native cryptocurrency equally claimed past a new report from CoinTelegraph.
The publishers cited Anton Rozenberg, who is a former employee of Telegram's publishing segmentation, Telegraph. Rozenberg posted a video on Facebook which he claimed to be an advertorial video from Telegram. The video showcases the new blockchain engineering that Telegram is said to be launching in 2018.
According to the video, the blockchain applied science will exist called "Telegram Open Network" or TON and is based on the improved version of blockchain applied science. TON will be a fast, scalable, and user-friendly blockchain based cryptocurrency platform. If and when TON volition be launched, all the existing Telegram users volition automatically go a cryptocurrency wallet linked to their business relationship. The wallet will allow users to transfer coin to other users without using whatsoever traditional banking institution.
Pavel Durov, who is the co-founder of Telegram has already released a statement in the past in which he said that the unabridged blockchain customs has shifted to Telegram for their messaging needs. Considering this forth with the fact that Telegram is planning to launch a monetization program in 2018 which would enable the service to expand without hampering user privacy, a new cryptocurrency seems like the obvious option.
Telegram also has a big advantage of its already existing 180 million user base which is increasing with each passing twenty-four hours. That means that if the company does decide to launch a cryptocurrency, it won't accept to become through a bootstrap phase to acquire users. Every factor which nosotros take considered seems to point in the same direction, just since the founders take declined to comment, we will have to wait and encounter if Telegram does decide to launch its own blockchain and cryptocurrency or not.
Source: https://beebom.com/telegram-own-blockchain-cryptocurrency/
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