Telegram Messenger to Launch Its Cryptocurrency and Blockchain Platform: Hello, Everyone Today am going to sharing some exciting facts on The “Telegram Messenger to Launch Its Cryptocurrency and Blockchain Platform”.
Telegram is one of the most 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 world. Building on its success, the company is set to release its own blockchain platform with native cryptocurrency as claimed by a new report from CoinTelegraph.
Initial reports of the new platform surfaced today from Anton Rozenberg, a former employee of Telegram’s publishing division Telegraph. Rozenberg posted on Facebook what he claims is an advertorial video for the new platform (he did not disclose the source of the video). He also pointed out that TON would aid those under oppressive governments, since they would be able to transfer money natively through the messaging app. This could serve to break the state’s control over citizens’ money, added Rozenberg.
It’s not a surprise that some have thought to launch a blockchain directly connected to the network. That new platform will be called TON and the coin will be called GRAM. We are very early in the process but it seem that the main usage of that will be to pay other users via the app directly. That could help to bypass some governements limitations about cryptos.
Telegram also has a big advantage of its already existing 180 million user base which is increasing with each passing day. That means that if the company does decide to launch a cryptocurrency, it won’t have to go through a bootstrap phase to acquire users. Every factor which we have considered seems to point in the same direction, but since the founders have declined to comment, we will have to wait and see if Telegram does decide to launch its own blockchain and cryptocurrency or not.
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