Telcoin (TEL), is a fairly new cryptocurrency that is based on the Ethereum Blockchain, it is directed primarily to mobile network operators. Telcoin is actually the first cryptocurrency to tap into exploit the synergy between the fast, borderless nature of blockchain technology and the reach of mobile telecoms.

According to the world bank, there are nearly five times as many mobile phones in the world as there are active bank accounts. It is an effective tool that helps bring its users to mobile money, mobile wallets, and cryptocurrency backed solutions. It aims to facilitate financial inclusion through remittances, credit, payment and other diverse forms of financial services on the Blockchain.

Telcoin (TEL): Introducing an Amazing Crypto

Telcoin (TEL) is a Singapore based company that works with a diverse team that operates outside of Tokyo. It is based on the Ethereum Blockchain. This EC20 token aims to partner with telecom giants such as AT&T and Verizon in order to create a target market with a ready demand for the coin.

They have a primary wish of integrating cryptocurrencies with mobile networks globally. They will eventually become a global network that will be accessible through a convenient and trusted network.

Telcoin (TEL): Key Features of a Unique Crypto

They have established partnership with most of the mobile network providers spread across the globe in order to cater for about 5 billion mobile users by mitigating their requirement for a Crypto based Financial service.

The Telcoin platform is built on a solid base; a solid foundation of the Ethereum Blockchain. It is predicted by financial analysts that in years to come, the platform has potential to become what might be called a gold mine.

The platform is totally compliant with the guidelines of other telecom operators and will be exclusively distributed by the network operators of GSMA mobile.

Telcoin (TEL): Working Mechanism

The Telcoin company follows an incentivized model for its Token Distribution among mobile networks. Telecoms will receive Telcoin Token (TEL) at an annual rate of five percent for a period of 10 years starting from the period of the ICO. The purpose of this face is that it will allow for the slow merging of currency into the mobile market. This period has been termed as the integration period.

The company will also offer secure TenX wallet to its customers, with further dream of coming up with their unique wallet line-up which can operate in collaboration with an operator platform or over a third party payment. Apart from the aforementioned, Telcoin shall also incentivize adoption by providing all of their customers with uninterrupted token based bonuses.

The Telcoin platform is in sync with people’s mobile spending habits, and as such allows for making online payments, ad hoc transfers, mobile credit top ups and international remittances without breaking a sweat.

In conclusion, we have seen that Telcoin offers a big transformation in the Crypto world, and it should also be noted that there is every reason to believe that the price of Telcoin may shoot up soon.