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According to the Russian local media Vedomosti, Telegram blockchain platform called TON that raised more than 1,7 billion dollars during ICO will be launched in the autumn in test mode.

As was reported, the investors received an email from Telegram about the progress of the development of the blockchain Telegram Open Network (TON). The developers claimed the platform is 70% ready. The authenticity of the email was confirmed by several Telegram investors.

TON is a new blockchain platform developed by the Telegram. Telegram team promised that TON will process transactions faster than Bitcoin and Ethereum blockchains and will be able to compete in speed of payments with Visa and Mastercard.

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