Telegram will launch its own blockgram platform Telegram Open Network (TON) at the end of autumn in a test mode. This has become known from the letter for TON investors, Vedomosti reports.
The report says that the TON Virtual Machine (TVM) smart contract mechanism is ready for 95%. The development of protocols and the TON blockchain network is also at the final stage.
Most of the protocols for TON were written by developers from scratch.
It is possible that TON can become a platform with its own Internet, commented to the publication the project manager for the development of R3 and Corda in the CIS, Alexey Blagirev.
According to the source of the publication familiar with the details of the project, the already written part of the TON blockchain protocols is a new and almost decentralized way of data exchange.
Recall about the Telegram Open Network became known last year. In December, a project description document signed by Nikolai Durov appeared.
In 2018, Telegram during two rounds of closed ICO TON drew $ 1,7 billion from 175 investors