Telegram to Introduce Mini-App Store With Web3 Support, Targeting Hundreds of Millions of New Blockchain Users by 2024

Telegram is set to introduce a groundbreaking mini-app store integrated with web3 pages, as announced by Pavel Durov, the company's founder and CEO.

Messaging platform Telegram is set to introduce a mini-app store integrated with web3 pages, aiming to familiarize hundreds of millions of people with blockchain technology by 2024. The company’s founder and CEO Pavel Durov announced this strategic move in a post on his Telegram channel.

Durov announced several new initiatives, including a mini-app store and an in-app browser that will support web3 pages. This move marks Telegram’s deeper engagement with blockchain technology, aiming to integrate it seamlessly within their platform. The mini-apps will also be able to process payments through a network of 20 different payment providers. This integration is designed to enhance user experience by providing a more versatile and comprehensive set of functionalities within the app. According to Durov, this feature will be instrumental in making blockchain technology accessible to a broader audience.

In an effort to combat fraudulent activities targeting newcomers to the cryptocurrency space, Telegram is enhancing its security measures. One such initiative includes displaying the month of registration and the principal country for public accounts, a feature inspired by Instagram. This transparency aims to reduce scams and provide users with more information about account authenticity. Additionally, Telegram is introducing a system that allows organizations to issue labels for channels through their mini-apps. This development is part of a broader strategy to create a decentralized marketplace for third-party verification. By doing so, Telegram hopes to foster a more transparent and secure environment for its users.

The company’s relationship with the blockchain project Toncoin (TON) has undergone a significant evolution. Initially, Telegram was officially linked with TON, a layer-1 blockchain. However, in 2020, the company distanced itself from the project following a legal dispute with the U.S. Securities and Exchange Commission (SEC). Despite this separation, the technology has continued to thrive under the management of The Open Network, an open-source community of developers.

Interestingly, Telegram’s users still benefit from TON’s capabilities. The platform’s 900 million users can send TON within the app without needing long wallet addresses, streamlining the process and making it more user-friendly. This feature underscores Telegram’s ongoing commitment to integrating blockchain technology in ways that enhance user experience.

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