The fast-growing Toncoin ecosystem has welcomed yet another partner, EthSign. Announcing the recent collaboration, the TON Foundation tweeted that EthSign will bring secure, multi-chain, and decentralized digital contract signing to the booming TON-based Web3 ecosystem in Telegram.
A decentralized and consensus-based electronic agreements signing application, EthSign was originally built on Polygon. By expanding to the Toncoin ecosystem, it will simplify the contract-signing process for millions of mobile users around the world. This is another big win for The Open Network – one of many factors that have helped TON price gain +19% this week.
Enters the EthSignBot
To offer its unique services to the growing Toncoin community, EthSign is launching a Telegram-native feature called EthSignBot. The primary purpose of this feature is to enable Telegram users (specifically mobile users) to sign contracts within the Telegram app.
In addition to enabling contract signing, EthSignBot will also serve as a notification system. It will alert users immediately they receive a new contract. Users are then expected to review the details of contracts and sign seamlessly all within the app.
Certainly, the EthSign – Toncoin partnership will make signing contracts easier, faster and more convenient. Users will be able to easily create, sign and share important contracts directly from the Telegram app. It’s another big win for Web3.
How it works
Using the EthSignBot should be easy for everyone. Below is the step-by-step approach to it:
- Step 1: Log into the EthSign dashboard using any wallet of your choice
- Step 2: after logging in, find the settings tab on the top right-hand corner of the screen and click on it
- Step 3: select “Connect to Telegram” in the section with your wallet address and email information
- Step 4: at the prompt, add your phone number to connect to Telegram
- Step 5: once the connection is successfully established, you will be able to receive and sign contracts within Telegram, thanks to the EthSignBot
Toncoin Ecosystem in recent times
The collaboration with EthSign is one of numerous partnerships the Toncoin ecosystem has secured in recent times. Since launching as a Swiss Nonprofit, the Open Network Foundation (TON Foundation) has been busy at work, securing several strategic partnerships.
Already recognized as one of the fastest-growing ecosystems in the crypto niche, the Toncoin ecosystem has seen remarkable expansion in recent times. It has become very attractive for other Web3 projects seeking to reach millions of mobile users who trust Telegram for communication and collaboration.
Wrapping Up
The Open Network (TON) is progressively transforming the Toncoin ecosystem into one of the most useful networks in the crypto niche. Thanks to the Telegram app, it has been enabling individuals and businesses to communicate and collaborate efficiently for use. The partnership with EthSign will make signing contracts easier and more convenient for all kinds of users.
With new features and strategic partnerships being added regularly, the Toncoin ecosystem is becoming better with each passing day. Its utility and value are improving steadily, little wonder why TON price has recorded positive changes in recent times. This is definitely a good time to keep an eye on Toncoin price prediction as opportunities to take profits are abundant.
Source: https://coincodex.com/article/32635/ethsign-joins-growing-toncoin-ecosystem-ton-price-up-19-this-week/