Published On: Fri, Dec 29th, 2017

Popular Messaging App Telegram Is Creating Its Own Cryptocurrency

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Several sources have announced that the very popular and secure messaging app, Telegram, will create its very own cryptocurrency. 
The Rise of Blockchain Technology in Messaging Apps

There is no doubt that 2017 was the year of cryptocurrency and blockchain technology. Cryptocurrencies, such as Bitcoin, skyrocketed in value over the course of the year, and many governments and businesses started to realize the potential of the blockchain. To that end, a vast amount of companies have decided to experiment, or even fully implement, blockchain technology into their services and platforms.
As blockchain technology is rapidly gaining more support worldwide, many messaging apps have decided to experiment with it. A good example for this is the Kin project that was launched by the popular Kik mobile messaging app. The Kin ICO was able to raise over $97 million through its ICO. Kik is planning to integrate the Kin cryptocurrency into its messaging ecosystem and offer various decentralized services. However, Kik isn’t the only messaging platform that is focusing on blockchain technology. Several sources have said that Telegram is also planning to launch their own blockchain network.
Telegram Launching Their Own Blockchain Network

A recent news report by International Business …

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