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From Telegram they assure that they will launch their own cryptocurrency in less than 2 months

Telegram, the messaging service that we like so much in and that we recommend it before other applications such as WhatsApp from Facebook, aims to expand its business borders. According to a report by The New York Times, The Russian company will also launch its own cryptocurrency called Gram.

According to these sources, Telegram has until October 31 to launch Gram, otherwise it would lose the 1.7 billion dollars that it raised to make this project a reality, so the company is fighting against all odds to be able to make the launch of said cryptocurrency effective.

Gram will be stored in a digital wallet that Telegram itself will create and it hopes to be able to offer it to its more than 200 million users around the world, although the popular messaging application will not have it really easy, especially considering some precedents.

Facebook, the social network owned by Mark Zuckerberg, already announced a few months ago your own virtual currency called Libra with the aim of, in the words of its creators, “to make financial transactions as simple as possible for everyone in the world, regardless of where they live and whether or not they have a bank account.”

Although his path is not being of roses precisely, firstly because the regulatory bodies will closely follow the actions of the social network and secondly, because the first cyber scams related to Libra have already appeared on the network, promoting offers to acquire this virtual currency with discounts and all this despite the fact that they do not We will see Libra until 2020 minimum.

In any case, we will have to wait until the deadline, October 31, to really check if Telegram has been able to launch its own cryptocurrency and above all, to know how he has achieved it in such a short time. It can be a very attractive option, particularly considering that this time, Facebook will not be in the way.