Xolo, Telegram Open Network partner on blockchain application

Tuesday 30 January 2018 | 09:10 CET | News
Indian smartphone manufacturer Xolo has signed a partnership agreement with TON - Telegram Open Network, a blockchain by Telegram application which reports it currently has more than 180 million active users. Telegram will use its expertise in encrypted distributed data storage to create TON, a multi-blockchain architecture. According to Xolo, TON is a decentralized supercomputer and value transfer system. TON seeks to become a VISA/Mastercard alternative for the new decentralized economy.

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Categories: IT
Companies: MasterCard / Visa
Countries: India
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