CDS Collaboration SafePal Wallet and Open Network(TON) Partnership
Collaboration

SafePal Wallet and Open Network(TON) Partnership

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SafePal Wallet and Open Network (TON) Partnership
SafePal Wallet and Open Network (TON) Partnership

Safepal hardware wallet was the first cold storage wallet to support the TON network.

About The Partnership

Recently, the wallet developer announced its support for SafePal Open Network (TON). With this support provided, users will be able to keep and transfer $TONs in SafePal‘s wallet and software wallets. In addition, SafePal’s extension wallet will also provide support for $TON. 


Although the Open Network was originally created by the telegram team, it is now an independent and open-source community project. However, on October 27, 2022, Telegram introduced an auction for tokenized usernames based on the TON blockchain

The Benefits of this Partnership

The strategic team between SafePal wallet and Open Network plans to award $TON to encourage open source projects. In addition, with this service, Telegram users will be able to easily transfer and swap tokens via P2P for the first time. In addition to all this, the two companies will begin to work together to create a secure, transparent and compliant network. 

The Incubation Head of the TON Foundation, Justin Hyun, stated; We are happy to onboard SafePal wallet as the first hardware solution on TON. Furthermore, we are excited about the prospects of SafePal and their journey to open-source, as this builds greater trust and resilience for the safekeeping of assets.

About the Open Network

The Open Network (TON) is a fast, secure and scalable blockchain and network project that is both user-friendly and service provider-friendly, capable of processing millions of transactions per second if necessary.

About SafePal Wallet

SafePal securely stores crypto assets in the most simple and easy way. It is mobile-friendly and supports major cryptocurrencies such as Bitcoin, and Ethereum.

SOURCE

Written by
Burak DANACI

The author focused on financial markets after graduating from Anadolu University, Department of Economics. After meeting with blockchain technology in 2019, he produces content on youtube and twitter in this field.

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