Wirecard and Telegram Open Network infrastructure developer TON Labs forge strategic partnership

Aschheim (Munich) (ots) -

- Telegram is a cloud-based multi-platform messaging application
focused on security and performance with more than 200 million
active users all over the world
- TON is a multi-chain architecture introduced by Telegram instant
messaging service developers
- Wirecard and TON Labs collaborate to develop joint digital
financial services, payments and banking platform

Wirecard, the global innovation leader in digital financial
technology, and TON Labs, infrastructure and ecosystem developer for
the Telegram Open Network (TON) decentralized platform, today
announced their plans to develop a joint digital financial services,
payments and banking platform.

TON Labs provides technology, expertise and experience in the
development of scalable decentralized solutions. It also offers new
generation technologies for payments, banking and other financial
services as well as core blockchain infrastructure for projects to
join, contribute and benefit from the Telegram Open Network platform
and its vast user base.

The combination of Wirecard's demonstrated extensive experience in
developing new, innovative digital financial services for consumers
and merchants worldwide over the past years and TON Labs' cutting
edge infrastructure solutions lays the foundation to nurture new
joint products and services within TON's and Telegram's vast,
globally growing ecosystem.

"We are excited to be partnering with TON Labs. Their immense
experience in highly scalable technology and decentralized solutions
as well as the strong global growth of Telegram messenger will be
instrumental for the success of our joint program," said Georg von
Waldenfels, Executive Vice President, Group Business Development at
Wirecard.

"The addition of TON Blockchain to Telegram's growing ecosystem is
opening new opportunities for business and technological innovation.
We are excited to partner with one of the world's most dynamic and
innovative financial technology companies to bring synergetic new
generation fintech solutions to the market," added Alexander Filatov,
Managing Partner at TON Labs.

The new partners will announce the release of products into the
market in stages and communicate more details around the availability
of the services in due course.

About Wirecard:

Wirecard (GER:WDI) is one of the world's fastest growing digital
platforms in the area of financial commerce. We provide both business
customers and consumers with a constantly expanding ecosystem of
real-time value-added services built around innovative digital
payments by using an integrated B2B2C approach. This ecosystem
concentrates on the areas payment & risk, retail & transaction
banking, loyalty & couponing, data analytics & conversion rate
enhancement in all sales channels (online, mobile, ePOS). Wirecard
operates regulated financial institutions in several key markets and
holds issuing and acquiring licenses from all major payment and card
networks. Wirecard AG is listed on the Frankfurt Stock Exchange (DAX
and TecDAX, ISIN DE0007472060). Visit us on www.wirecard.com, follow
us on Twitter @wirecard and on Facebook @wirecardgroup.

About TON Labs:

TON Labs is a core infrastructure and ecosystem developer for TON
(Telegram Open Network). Its secure and accessible TON.Dev and
TON.Space environments will deliver a TON full node implementation, a
versatile toolchain and a cutting-edge SDK, as well as novel ways
users interact with fintech services. It will enable the developer
community to create, deploy, distribute and manage TON chains for
consumer and enterprise applications. The Telegram Open Network (TON)
is a fast, secure and scalable blockchain and network platform
offering smart contracts, upgradeable formal blockchain
specifications, support for micropayment channels and off-chain
payment networks. Telegram - TON integration will make blockchain
technologies and distributed services finally available and
accessible to millions of ordinary users.

Wirecard media contact::

Wirecard AG
Jana Tilz
Tel.: +49 (0) 89 4424 1363
Email: jana.tilz@wirecard.com

Original-Content von: Wirecard AG, übermittelt durch news aktuell