Pavel Durov, CEO of Telegram, is forecasting 2024 as the year of mass blockchain adoption. He has announced new features, including a mini apps store, an in-app Web3 browser, and initiatives to combat crypto scams. Telegram’s user base has grown to 950 million monthly active users, with expectations of reaching one billion soon.
Telegram CEO Predicts 2024 as the Year for Mass Blockchain Adoption
Pavel Durov, CEO of Telegram, an encrypted multi-platform messaging service, anticipates 2024 to be a pivotal year for blockchain adoption.
“2024 will go down in history as the year when hundreds of millions of people became familiar with blockchain. We are proud that Telegram is at the heart of this social transformation. To keep the momentum going, this month we will introduce a mini apps store and an in-app browser with Web3 page support.”
“We will also ramp up our efforts to fight scammers targeting new participants in the crypto world. Soon, Telegram will start displaying the registration month and primary country for public accounts (similar to Instagram). We will also allow organizations to use their mini apps to issue labels for channels, creating a decentralized marketplace for third-party verification,” the CEO added.
Telegram aims to develop decentralized tools, including non-custodial wallets and decentralized exchanges, to securely facilitate cryptocurrency transactions for millions, Durov said in November 2022. He emphasized that with advancements like the Open Network (TON), the blockchain industry can fulfill its mission to empower individuals and eliminate the need for centralized intermediaries.
On Monday, Durov announced on his channel that Telegram has reached a significant milestone, with 950 million monthly active users, a notable increase from the 900 million users the platform had in the spring. The user count is now on track to surpass the monumental one billion mark, he emphasized.
