Telegram in the test mode will start its own blockchain-platform Telegram Open Network (TON) in late autumn. This became known from the letter to investors TON, according to “Vedomosti”.

The report said that the mechanism for smart contracts TON Virtual Machine (TVM) is 95% ready. Development of protocols and network blockchain TON is also nearing completion.

Most protocols for TON developers wrote from scratch. It is not excluded that TON can become a platform for private Internet commented edition of the project Manager for the development of R3 and Corda in the CIS Alexei Blagirev.

According to familiar with the details of the project source, already written part of the minutes of the blockchain is a TON of new and almost a decentralized way to exchange data.

Recall Telegram Open Network it became known last year. In December, there was signed by Nikolay Durov document describing the project.

In 2018 Telegram in two rounds of closed-ICO TON raised $1.7 billion from 175 investors.