Cryptocurrency News
Four years on, Telegram’s blockchain project gains ground in Africa
2022.04.19 17:47
Four years on, Telegram’s blockchain project gains ground in Africa
It was 2018 when privacy-focused messaging platform Telegram announced that it was in the process of building a blockchain-based decentralized computer network technology called The Open Network (TON).
However, following a lengthy litigation battle that lasted until May 2020 with the United States Securities and Exchange Commission over its $1.7 billion initial coin offering (ICO), Telegram had to sever its ties with the project, leading many to believe that TON was done for.