In a collaboration with TON Labs, BSN will utilize telegram blockchain

Telegram was working on having its token release problems sorted out, but it didn’t. Yet, they could use the blockchain.

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The Chinese Blockchain-based service Network, BNS is joining forces with TON Labs to develop apps on its protocol which is based on TON technology to which BSN developers will have access to according to this decision.

TON Labs will also make sure that the Telegram-built TON protocol is in agreement with the regulations in China. China will recognize implementing the TON network on BSN China project as an open blockchain holding the required permission.

The Chinese BSN founding member, He Yifan who is also the CEO of Red Date Technology stated that they are looking for a scalable blockchain with low latency which serves as grounds for app development. And TON Labs will gain credit for its project as a result of this collaboration as more and more developers work on this protocol.

In the praise of this cooperation, TON Labs’ CEO Cyril Paglino that this was great proof of the positive collaboration between decentralized and centralized businesses:

“It’s a creative approach to send a strong message that a company, a country, a people, even when facing certain statutory hurdles, can still find a way to use technology earmarked for everyone on the planet despite whatever localized mandates there may be, and while remaining in total compliance, vis-a-vis, adoption.”

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Cryptocurrency(5)

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Tags

TON Labs

Telegram

BSN

Tags

TON Labs

Telegram

BSN