Telcoin

The main focus of ERC-20 token based Telcoin is to make remittance market (where Western Union is leading), effective and secure. Telcoin is in partnership with mobile money platforms and global telecoms to provide users with low-cost digital remittances, high transaction speed to mobile money platforms and e-wallets.

The native token,”TEL” is used for making all payments on e-commerce websites.

Features of Telcoin

Instant Transfers: Telcoin enables users transfer money globally in seconds using its improved blockchain technology and mobile money infrastructure.

Most Affordable: Telcoin targets is to reduce average total cost of remittance to less than 2% contrary to over 7% being charged by its competitors.

Mobile Convenience: Telcoin is in partnership with mobile operators and e-wallets to reach millions of users globally with top-notch contactless service.

Powerful and Secure Network: Telcoin is built on Ethereum smart contracts with multi-signature crypto security.

What Makes Telcoin Unique?

Telcoin is unique in the sense that, millions of people who have access to mobile phone are going to be integrated into a faster, low-cost alternative to remittance services. Leveraging the power of blockchain to make global financial remittance faster and low cost and also reward users with high TEL token traffic.

Team of Telcoin

Paul Neuner and Claude Eguienta co-founded Telcoin in 2017 as both of them have professional experience spanning over 20 years.

Paul Neuner is the chairman of the organization and also a telecommunication expert having worked in that sector for 12 years before venturing into the world of blockchain technology.

Claude Eguienta is the CEO of the company and oversees all the projects carried-out in Telcoin. He is an expert in distributed system and a masters’ holder in computer science. Claude has worked in many startups and large tech companies where he made a mark in financial services.

Another notable member of the team is Simo Kinnunen- who is the lead developer of Telcoin.

Use Cases of Telcoin

• Telcoin (TEL) is used in remittance market.
• Telcoin (TEL) is used in e-commerce.
• Telcoin (TEL) is used to integrate blockchain technology, mobile phone technology and telecommunication technology.
• TEL tokens are used in all financial transactions within the network.
• TEL tokens are used for trading across major exchanges in the world.

Mining of Telcoin

Telcoin (TEL) uses proof-of-concept model to validate partners (example: telecoms) who sign up to integrate TEL. These partners like the telecoms get the rewards on the network.

TEL tokens are available for purchase in major exchanges like KuCoin, HitBTC, Bitbns, 1inch Exchange and Bilaxy for purchase.

Notes for Investors

Telcoin (TEL) is the future of the blockchain remittance industry, having made so much progress in its project implementations. The Telcoin (TEL) platform has the potentials to be among the top 15 cryptocurrencies in terms of market cap and value by the end of the year,2022.

As of today dated 5^thJune,2021, the unit price of Telcoin (TEL) token is $0.03219 USD, the market capitalization is $1,668,315,035, the circulating supply is 52,027,110,195 TEL and is currently ranked 57^th in the cryptocurrency market.

These statistics have shown that, Telcoin (TEL) will make an impact in the future considering their workable projects.

Quick Disclaimer:

This report is not in anyway, intended to recommend Telcoin (TEL) for investment but for informational purpose. The crypto market is presently experiencing instability which has made it suicidal for anyone to rely on information on the web. Please, consult your financial advisor for any decision making.