Telegram founders launch their own platform for confidential data storage

The TON Blockchain Development Fund, created by the founders of the Telegram messenger, has introduced a new data storage platform called TON Storage. According to CoinDesk, the project is aimed at solving the problems of storing confidential information.

According to representatives of the TON Foundation, the main goal of TON Storage is to provide users with the ability to share files of any size, incentivizing node operators financially. How does it work? The node operator and the user create a smart contract on the TON blockchain, which guarantees that the client will pay a fixed amount in Toncoin for storing files for a predetermined period of time. This will provide the possibility of «almost lifetime» data storage.

TON Storage works as a peer-to-peer file sharing system using the TON blockchain. It provides decentralized storage and encryption of information. The developers of TON Storage are convinced that the availability of this product will encourage new users to join the TON network, contributing to the further development and expansion of the entire ecosystem.

In addition to the launch of the storage service, at the end of 2022, representatives of the TON ecosystem partnered with Telegram to launch TON Gifts, which allows sending NFT gifts in the messenger. The service is based on the TON blockchain and operates with a chatbot. Users will be able to create unique gifts in the form of a Christmas tree, snowman, black rabbit (the symbol of 2023), or a bouquet of flowers. In addition, there is an option to send any amount of Toncoin or NFT on the TON Diamonds platform in an animated gift box.