Telegram, the encrypted messaging giant, is setting its sights on revolutionizing blockchain adoption in 2024. CEO Pavel Durov recently unveiled plans to integrate crypto-friendly features into the platform, which now boasts nearly 950 million monthly active users.
The upcoming additions include a mini app store and an in-app Web3 browser, designed to streamline user interaction with blockchain technology. These innovations aim to introduce hundreds of millions to the world of decentralized applications and services.
Recognizing the importance of user security, Telegram is also enhancing its anti-fraud measures. New features will include displaying account creation dates and primary location information for public profiles, similar to other social media platforms. The company is also developing a decentralized verification system for channels.
Durov’s vision extends beyond these immediate updates. He has expressed interest in creating decentralized tools like non-custodial wallets and exchanges, further cementing Telegram’s role in the crypto ecosystem.
As the platform edges closer to the one billion user milestone, its embrace of blockchain technology could mark a significant shift in mainstream crypto adoption. By merging secure messaging with crypto functionality, Telegram is positioning itself as a key player in the evolving digital landscape.
Telegram CEO Predicts Blockchain Boom in 2024
