Telegram’s Super App Emerges Like WeChat

Telegram's Super App Emerges Like WeChat

Telegram is actively collaborating with established technology and cryptocurrency entities, such as the TON Foundation and Tencent Cloud, to actualize its ambitious vision.

Tencent Cloud’s involvement is noteworthy because it suggests lessons learned from WeChat’s successful expansion of its user base through in-house payment systems.

The TON Foundation operates independently from Telegram and is pivotal in supplying essential blockchain infrastructure.

They recently announced a partnership with Tencent Cloud, a division of WeChat’s parent company Tencent.

This partnership includes Tencent Cloud’s support for TON validators, which are responsible for verifying blockchain transactions, as well as cloud credits and discounts for TON-based initiatives.

The Telegram super app platform is built on a network of infrastructure partners spanning both traditional technology and the cryptocurrency space, with the TON Foundation playing a crucial role in establishing the blockchain foundation.

Telegram currently integrates with twenty payment methods and imposes no commission fees via its Bot Payments.

API. Additionally, they have introduced a self-custodial wallet, developed on the TON blockchain by The Open Platform (TOP), tailored to regions where centralized online payments are unavailable.

This strategic pivot establishes Telegram as a formidable competitor in the super app arena, capitalizing on its large user base and diverse partnerships.

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