Russian self-exiled digital entrepreneur Pavel Durov’s Telegram messenger could start testing its blockchain network TON (Telegram Open Network) on Sept. 1, the Vedomosti daily reported on Aug. 28 citing unnamed investors in TON.
Durov raised $1.7 billion last March with one of the most successful Initial Coin Offerings (ICOs) of all time and has used part of the proceeds to develop TON, which is intended to create a universal blockchain infrastructure based on its speed operation and its inclusion of “smart contracts” — pieces of code that can be tasked to carry out functions such as make payments or send reports…
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