ANKR Simplifies Web3 Development on Telegram's TON Blockchain
Web3 infrastructure provider ANKR has announced a new integration that makes it easier for developers to build decentralised applications (dApps) on Telegram's The Open Network (TON) blockchain. This integration simplifies the process of connecting to TON, eliminating the need for developers to set up and manage their own nodes.
With easier access to TON through its Web3 API services, ANKR is lowering the barrier to entry for developers who want to create dApps targeting Telegram's massive user base of over 950 million.
This move could lead to a surge in the development of new and innovative dApps through Telegram and blockchain integration. This increases the use of Telegram Mini Apps, which are applications that run within the Telegram messenger app.
What This Could Mean for Telegram Mini Apps
This ANKR and TON partnership could anchor a new influx of builders and applications into the platform. Potentially, users would see an even greater variety of games, tools and social networking to entertain them within the Telegram ecosystem, if they are not already spoiled by the myriad of choices.
- Increased variety and quality of Mini Apps: Users can expect a wider range of Mini Apps, or even new genres, catering to diverse needs and interests. Increased competition could push developers and Telegram to set higher standards for quality and user experience.
- Greater adoption: As more developers and users engage with Mini Apps, it could drive further adoption of the TON blockchain, strengthening its Web3 ecosystem
- Innovation in social apps: Telegram Mini Apps have the potential to redefine how we interact and engage within social media platforms. This integration could fuel innovation in this space, leading to new and creative ways for users to connect and interact.
Binance Relaunches 'Binance Connect' to Bridge Fiat and Crypto for Web3 Projects
Binance, the world's largest cryptocurrency exchange, has revived its 'Binance Connect' service, a fiat-to-crypto payment solution for streamlining transactions for Web3 projects. This revamped service bridges the gap between Web2 and Web3, from traditional finance to blockchain technology, making it easier for businesses and individuals to send and receive money globally.
Binance Connect allows users to buy and sell over 300 cryptocurrencies with over 100 fiat currencies using a wide variety of payment methods, including credit cards, bank transfers, and popular digital wallets like Apple Pay and Google Pay.
The platform also offers a Peer-to-Peer (P2P) marketplace for direct fiat-to-crypto transactions.
Binance Connect was originally launched in March 2022 and later shut down in August 2023 due to challenges with card payment support.
Recently, Binance Labs, Binance's investment arm, invested in Blum. Blum is a decentralised exchange (DEX) that has consistently topped the charts of Telegram Mini App. In addition to letting users trade crypto, it gamified the experience for users through its tap-to-earn model, which has proven to catapult its growth in Telegram and the Web3 space.
Related story: Read about BNB Chain's integration with Telegram Mini App
Vietnam Wants to Be Blockchain Leader in Southeast Asia. Plus, Is It Possible for an Entire Nation to Be Run on Blockchain?
Vietnam has unveiled an ambitious National Blockchain Strategy with the goal of becoming a leading force in blockchain technology in Southeast Asia. The strategy, announced by the Ministry of Information and Communications, is focused on the three areas of creating a robust legal framework, fostering innovation, and promoting the development and application of blockchain across various sectors. This can potentially be bolstered by riding the current wave of Telegram Mini Apps.
The Vietnamese government will take a hands-on approach to achieving its goals of building 20 blockchain brands, at least three testing centers in major cities, and a national blockchain network. This frees a runway for new and creative blockchain projects and applications.
In another part of Asia, Hong Kong is also making strides in blockchain by introducing regulatory requirements for virtual asset trading platforms, with several licenses already issued and more expected by the end of the year. Hong Kong is also actively embracing blockchain and artificial intelligence (AI), recognising their transformative potential while emphasising the importance of responsible regulation.
While Vietnam and Hong Kong are picking up steam in their pro-crypto endeavours, how about an entire nation-state powered by blockchain? That is what Charles Hoskinson, founder of Cardano, is looking to muster. He has outlined a bold vision for the future: a nation-state fully powered by the Cardano blockchain by 2030. It speaks of Cardano's commitment to decentralised governance, and its potential to revolutionise a nation's economy, and political and social systems.
aelf, a Layer 1 AI blockchain, is has also introduced AI into its platform. By incorporating AI capabilities, aelf has effectively enhanced the efficiency, scalability, and overall performance of its blockchain network. This integration allows for smart contract audits and gas usage optimisations, making the dApp building experience on aelf a smooth one.
Till date, there's a broad selection of dApps built on aelf, including Telegram games such as HamsterWoods and a 404 NFT game in Project Schrodinger.
*Disclaimer: The information provided on this blog does not constitute investment advice, financial advice, trading advice, or any other form of professional advice. aelf makes no guarantees or warranties about the accuracy, completeness, or timeliness of the information on this blog. You should not make any investment decisions based solely on the information provided on this blog. You should always consult with a qualified financial or legal advisor before making any investment decisions.
About aelf
aelf, an AI-enhanced Layer 1 blockchain network, leverages the robust C# programming language for efficiency and scalability across its sophisticated multi-layered architecture. Founded in 2017 with its global hub in Singapore, aelf is a pioneer in the industry, leading Asia in evolving blockchain with state-of-the-art AI integration to ensure an efficient, low-cost, and highly secure platform that is both developer and end-user friendly. Aligned with its progressive vision, aelf is committed to fostering innovation within its ecosystem and advancing Web3 and AI technology adoption.
For more information about aelf, please refer to our Whitepaper V2.0.
Find out more about aelf and stay connected with our community:
Website | X | Telegram | Discord