Telegram adds Wallet to its app By Blockmarket

by time news

2023-08-11 00:41:34

© Reuters. Telegram adds Wallet to its app

Blockmarket – Last Wednesday (9), the TON team, from the developers of Telegram, launched a digital wallet named Blockmarket TON Space Wallet. The application, based on the TON protocol, is a self-custodial digital wallet, meaning users have full control over their digital assets.

What is the TON protocol?

A Open Network (TON) is a blockchain system originally developed by Telegram Messenger. Designed to handle millions of transactions per second, the network offers more affordable rates and easy-to-use apps, with the latest release natively integrated with Telegram. The TON Foundation supports a variety of programs, including distributed storage technologies and hosting services.

The advantages of the new Wallet

The integration of the TON Space wallet with Telegram offers a number of advantages. With 800 million monthly users, Telegram has become a promising platform for blockchain developers. TON’s new addition will allow developers to build Web3 services that resemble the intuitive experiences of mobile apps, all without leaving Telegram. In addition to practicality, the TON Space wallet is a self-custodial solution that gives users full control over their assets, making it independent from third parties. The developers of the new wallet also announced that they plan to integrate support for NFTs and trading services by the end of Q3 2023.

The new release by the Telegram team is a critical step in building an infrastructure for the cryptocurrency ecosystem as an accessible and practical financial medium. The combination of a self-custodial wallet and the large number of Telegram users opens up previously impractical opportunities.

More accessibility and efficiency

Wallet already has more than 2.5 million users, and its role, in short, is to simplify the management of digital assets, making it as easy as sending a text message. And, for users interested in being at the forefront of the quest for flexibility and democratization of crypto payment methods: You can sign up for the beta today at wallet.tg/ton.

Content Telegram add Wallet to your app appears first on Blockmarket.

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