Telcoin
by Telcoin Pte Ltd
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Telcoin wants to create a blockchain-based payment system operated by telecom providers.
Company Details
- Telcoin Pte Ltd
- http://www.telco.in
- Founded 2017
- Tokyo, Japan
- Telecom Network Crypto Payments
Token Stats
About Telcoin
Telcoin is an Ethereum-based cryptocurrency that will be distributed by mobile network operators. Telcoin (TEL) plans on working with national telecom operators to distribute their currency. They hope that this distribution model will provide greater financial inclusion to un-banked communities, and will encourage cryptocurrency adoption. This is a similar strategy as MPesa, the mobile payment network created by SafariCom, that uses the telecom's provider's existing infrastructure to allow users to easily make payments with their mobile phones. Telecoin sees their platform as a complement to existing mobile money systems that will help drive cryptocurrency adoption.