Xolo's partnership with TON

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Press release

Mon 29 Jan 2018 12:00 AM

Xolo's partnership with TON

January 29 2018: XOLO, the premium smart devices brand, today announced Partnership with TON - Telegram Open Network , a blockchain by Telegram application which has more than 180 million active users.

Telegram is uniquely positioned to establish the first mass-market cryptocurrency by providing a platform that combines these properties. Telegram will use its expertise in encrypted distributed data storage to create TON, a fast and inherently scalable multi-blockchain architecture. TON can be regarded as a decentralized supercomputer and value transfer system. By combining minimum transaction time with maximum security, TON can become a VISA/Mastercard alternative for the new decentralized economy.

The Telegram Team will rely on its 10-year experience in building user-friendly interfaces for tens of millions to create light wallets, exchanges, and identification services that will allow users to get on board with cryptocurrencies in an intuitive way.

At the core of the platform is the TON Blockchain is a scalable and flexible blockchain architecture that consists of a master chain and up to 292 accompanying blockchains. Below are some notable design choices that allow the TON Blockchain to process millions of transactions per second.

Launching in 2018, this cryptocurrency will be based on multi-blockchain Proof-of-Stake system designed to host a new generation of cryptocurrencies and decentralized applications.

its cryptocurrency will be called Gram and will gain immediate mainstream adoption by being tied to Telegram app.

Note : Presale of ICO has begun already and you can book your Gram coins on

http://ico-gramtoken.com/

As a XOLO user you should be proud of the fact that XOLO is one of a the giant brands which have partnered with Telegram on its project that will revolutionise the future of payments industry. Stay tuned with us to get all the important updates related to this project.