What problem does this service solve?

BitKan's community token is designed to allow the site's cryptocurrency enthusiasts to cooperate.Telcoin wants to create a blockchain-based payment system operated by telecom providers.

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Company Description

BitKan is a Chinese cryptocurrency site and trading platform with a strong following. Their Ethereum-based KAN token facilitates community cooperation among the site's followers.

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.

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