What is Telcoin (TEL)

Telcoin wants to be the currency of choice of Telecom operators. It wants to bank the unbanked by using a mobile phone. The TelcoinCompany will first sell Telcoin to Telecom operators. Telcoin will then be distributed by telecom operators to their users. It will be used to pay bills and refill mobile balances. Telcoin wants to compete with the likes of Western Union by taking advantage of the world wide accessibility blockchains provide. An API will be used to easily integrate Telcoin into payment systems. Telecom operators with more Telcoin integration will receive more coins. Telcoin is designed to be used from mobile wallets only. Telcoin is a ERC 20 token, so it can be stored on most software and hardware wallets.