09/10/19 03:40 UTC-4

Telegram publicly confirmed its participation in the TON blockchain

OtherTelegram officially takes part in the TON blockchain
Telegram officially takes part in the TON blockchain

The messaging giant Telegram has officially confirmed its participation in the Telegram Open Network (TON) and has released a Grams wallet Terms of Service agreement

ToS terms of service 

According to ToS, Telegram integrates the wallet into the company’s flagship messaging application and also offers it as a standalone product.

“We do not control the TON block chain network and, therefore, cannot guarantee that any transactionTransaction
– is a financial term that means a logically meaningful operation that can only be carried out completely. Details
details you send through the services will be verified and confirmed in the TON block chain,”
the ToS stated.


Telegram also adds that the firm “will not be able to facilitate any requests for cancellation or modification of transactions you have sent.”

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  • Although $1.7 billion was raised in early 2018 to develop the TON blockchainBlockchain
    is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
    and the GRAM tokenToken
    – is an accounting unit that is used to represent a digital balance in an asset.Details
    associated with it, Telegram has been silent about its participation in TON up to this point.

See also: "Large South Korean bank KB Kookmin Bank switches to blockchain"

#Telegram #blockchain #TON

Editor: Yuliya Soroka