- The popular messaging platform Telegram is set to expand its ecosystem with a new mini-app store that integrates web3 pages.
- This addition will allow Telegram users to engage with blockchain technology seamlessly through various mini-apps.
- Pavel Durov, Telegram’s founder and CEO, believes this move will play a significant role in popularizing blockchain among the masses.
Discover how Telegram’s new mini-app store is set to revolutionize blockchain accessibility and transparency.
Telegram to Launch Mini-App Store with Web3 Support
Telegram, a leading messaging platform with a user base exceeding 900 million, is set to introduce a mini-app store that supports web3 pages. According to Pavel Durov, the founder and CEO of Telegram, this launch is anticipated to be a pivotal moment in blockchain awareness and adoption. “2024 will be remembered as the year when hundreds of millions of people became familiar with blockchain,” Durov stated.
Integrating Payments and Enhancing Security
In addition to supporting web3 pages, the mini-apps within Telegram will be linked with 20 different payment providers for seamless transactions. This integration is set to enhance user experience by facilitating easier payments within the Telegram ecosystem. Moreover, Telegram plans to bolster its security measures to combat fraudulent activities targeting new users in the crypto space. Users will soon see the registration month and principal country for public accounts, akin to the verification features found on platforms like Instagram.
Advancing Blockchain Transparency and Decentralization
Telegram’s new mini-app store initiative aligns with its broader goals of increasing transparency and decentralization within its platform. Organizations will have the capability to issue labels for channels through mini-apps, thus contributing to a decentralized marketplace for third-party verification. This strategic move is expected to provide Telegram users with a clearer understanding of both the opportunities and the risks inherent in the crypto world.
Historical Context and Future Implications
Though Telegram was previously linked with the layer-1 blockchain Toncoin (TON), the partnership ended in 2020 following a legal dispute with the U.S. Securities and Exchange Commission (SEC). Despite this, TON remains functional within Telegram, allowing users to send it without needing long wallet addresses. This historical context underscores Telegram’s ongoing commitment to seamlessly integrating blockchain technology into its platform, ensuring user-friendly features and broad accessibility.
Conclusion
Telegram’s forthcoming mini-app store with web3 support is poised to be a landmark development in the blockchain landscape. By integrating secure payment options and promoting transparency, Telegram aims to educate and protect its vast user base as they navigate the evolving world of cryptocurrency. As Durov highlights, these efforts mark an essential chapter in making blockchain technology mainstream, all while ensuring a safeguarded user experience. Stakeholders and users alike are encouraged to stay informed and make well-considered decisions as they engage with this transformative technology.
