Telegram Plans to Issue Its Own Digital Currency

December 22, 2017

Telegram Plans to Issue Its Own Digital Currency

A former Telegram employee Anton Rosenberg said that the team of the popular messenger was planning to launch its own blockchain TON, which would be the basis for a new digital currency.

The development team plans to integrate the new cryptocurrency into the messenger, immediately announce the largest system in terms of the number of users, thereby dislodging Ethereum.

According to various sources, the new cryptocurrency will be named either Gram or Telegram Open Network (TON). The Telegram blockchain will be scaled easily, providing the possibility to create smart contracts and use the PoS protocol.

The founder of the messenger has not given any comment yet.

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