Wirecard & Telegram plan joint Blockchain solution

the Telegram and / or the developers of Telegram-Open-Network-infrastructure, SOUND Labs, and Wirecard plan joint Payment and Banking solutions on a Blockchain-based.

By Phillip Horch
17. April 2019BTC$5.202,81 3.38%part Facebook Twitter LinkedIn xing mail

Wirecard and Telegram are working together on a Blockchain solution. As the portal reported, the Wirecard Team up with SOUND Labs, the developers of the decentralized Telegram-Open-Network-infrastructure (TONE), co-operation. The two service providers to announce on 17. April that they are working on a common platform for digital financial, Payment and Banking services.

the SOUND Labs to deliver the necessary technological Knowledge. Finally, the Russian Messenger service worked already in February of last year, a ICO, in which they collected already in Pre-Sale of 850 million US dollars. Therefore, they provide, according to information from the Press room of the "Central Blockchain infrastructure" for the joint project. New projects on the Telegram-Open-Network-platform are to benefit from the wide user base of Telegram.

Promising partnership for both sides

Wirecard, however, wants to bring its experience to bear in the development of innovative digital financial services in the partnership. Accordingly, euphoric, Georg von waldenfels, Executive Vice President for Group Business Development at Wirecard:

We are very happy about the cooperation with SOUND Labs. Their extensive experience with highly scalable technologies and decentralised solutions, as well as the strong global growth of Telegram Messengers will be crucial for the success of our joint programme.

Alexander Filatov, Managing Partner at SOUND Labs, adds:

The recording of SOUND Blockchain in the growing Ecosystem of the app opens up new opportunities for business and technological innovations. We are pleased to be one of the most dynamic and most innovative financial technology companies in the world to work together to bring a synergetic FinTech solutions for the next Generation to the market.

The new Partner to announce, finally, the market introduction of new products to announce in steps. To want to the appropriate time you provide further Details on the availability of the services.

About Wirecard and SOUND Labs

The DAX-listed companies Wirecard counts, according to its own information the world's fastest growing digital platforms in the area of Financial Commerce. Therefore, they are aligned to both business customers as well as consumers, to those of a constantly-growing Ecosystem of real-time value-added services around the digital payment traffic through an integrated B2B2C-offer approach.

CLAY is, however, as the Central infrastructure, and the ecosystem of developers for SOUND (Telegram Open Network). With safe and accessible SOUND.Dev and TONE.Space-environments that want to offer the company a SOUND-Full-Node implementation, a versatile Toolchain, as well as novel possibilities for the interaction of users with FinTech services.

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