TON named Andrew Rogozov as a founding member of the foundation and he will oversee the Product Efforts at the blockchain project launched by Telegram initially in 2018 so let’s read further in our latest altcoin news.

The TON Foundation, TON named Andrew Rogozov as a founding member. He will oversee the Product Efforts at the blockchain project. The foundation announced a recent press release and the document informed that Rogozov will now contribute with a leadership experience to assist TON and reach its potential of creating an open-source and widely used blockchain. Rogozov could even work to expedite the integration of the features and to leverage Telegram’s 500 million user base. He added:

“As we speak, multiple products have already been shipped that are at the intersection of TON and Telegram: the Tonkeeper wallet, the @donate inline bot in Telegram handling subscriptions to paid channels with Toncoin, and the wallet bot.”

Rogozov is now holding the position of Vice President Social at VK that was known as Mail.ru and he has overseen VK.com which was acquired by the company in 2014 before the entire conglomerate rebranded itself as VK. The press release stated:

“In 2007, Andrew Rogozov joined VKontakte, the leading Russian social media company widely regarded as the “Russian Facebook.””

Besides his role as a founding member at TON, he will continue with VK as an advisor. The Open Network came into being as Telegram Open Network as a blockchain system that promised to solve the issue of scalability and speed. Telegram withdrew from the project after the SEC raised some red flags over the blockchain project and prevented it from issuing tokens. Even as Telegram backed out from the project and the TON community decided to continue and forked out the network into a new entity as the Open Network and was one of the first blockchain projects that used proof of stake to validate the transactions. Rogozov said:

“I see huge opportunities at the intersection of the TON blockchain, the Telegram platform with its active audience of over 600 million users, and the community of world-class developers who have the potential to create a large number of next-generation global product companies.”

Now that both TON and Telegram are in stable water and the blockcahin industry is more resurgent with the rise in adoption and engagement of regulators a convergence of interest which can see TON’s integration with the Telegram platform, as the release said:

“A key adoption strategy pursued by TON will be to integrate with Telegram platform, APIs and development tools leveraging its user base of over 500m monthly active users that heavily intersects with the audience of crypto power users.”

Source: https://www.dcforecasts.com/altcoin-news/ton-named-andrew-rogozov-as-founding-member-of-the-foundation/