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Four years on, Telegram’s blockchain project gains ground in Africa

Published 04/19/2022, 09:03 AM
Updated 04/19/2022, 10:40 AM
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.

Pavel Durov, founder of Telegram and one of the the TON authors. Source: TechCrunch

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