Part 4 of 7WeChat But With CryptoWith TON, Telegram aims to develop cryptocurrency-based utility akin to WeChat, which has blossomed into much more than a chat app and acts as default payment mechanism for many in China.
While payments can be made very quickly in WeChat for a variety of services, the system remains very centralized. A decentralized platform such as TON could offer more security and resilience.Sources say that Telegram plans to allow users to hold both Telegram’s currency and fiat currency in a forthcoming wallet.
There’s also the existing developer ecosystem Telegram has built up around it, where
bots and services are offered by third-party developers. Again, here TON could, in theory, underly everything a developer brings to Telegram.
🌐 via techcrunch#telegram #ico #ton #blockchain #gram #cryptocurrency
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