The Blockchain-Based Platform of Telegram Is Almost Ready

As reported by the

news media Vedomosti

, the first news about the upcoming release of the blockchain of Telegram Open Network (TON) appeared in September and were privately sent to the major investors.

The project is approximately 70% ready. The main component, Virtual Machine, is fully completed, meanwhile, the developers are finishing up with the actual blockchain: the structure for creating new blocks and storing data in them.

Pavel Durov, the founder of Telegram messenger, and his team managed to

raise almost $2 billion for this platform

. It will be functioning some time at the end of November.

We remind you that the first stage of this blockchain, the Telegram Passport, which is a verification and authentication service, successfully went live in July.

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