Telegram will launch the Telegram Open Network (TON) blockchain platform this fall. About this newspaper "Vedomosti" on Tuesday, October 16.

Telegram reported that the development of most of the major components needed to launch a test version of TON has been successfully completed. The full version will work until the end of autumn.

TON is a new blockchain platform developed by Telegram founder Pavel Durov. The entrepreneur attracted $ 1.7 billion for the project from investors. The Telegram team promised that TON will process transactions faster than Bitcoin and Ethereum. According to the developers, she will be able to compete on the speed of payments with Visa and Mastercard. The cryptocurrency Gram will be used in the system. Telegram messenger users are promised an integrated wallet with Telegram applications, which should become the most common crypto wallet in the world.

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