Telcoin uses blockchain technology to provide access to low-cost, high-quality decentralized financial products for every mobile phone user in the world. Telcoin is a global company founded in 2017.
Telcoin has partnered with mobile operators and mobile money platforms around the world to bring fast and affordable DeFi products to international communities. With over 5.2 billion active subscribers worldwide, telcos have the largest captive audience of retail users ready and willing. use mobile financial services in their daily lives. This is evidenced by the rapid growth of mobile money platforms, which currently exceed 1.2 billion users, generating more than $2 billion in daily transaction volume.
DeFi (decentralized finance) has revolutionized finance by making it possible for users to create automated, non-data storage applications accessible to anyone with an internet connection. DeFi transactions are executed in code rather than through intermediary institutions, reducing costs and returning fees to users providing liquidity or other services to the platform.
Telcoin is designed to complement telecom, mobile money and e-wallet partners around the world with both traditional fiat and blockchain transactions, which are at the heart of our fast and affordable digital financial services offerings. Telcoin combines the best parts of the growing DeFi ecosystem with our approach to compliance in every market, ensuring the company takes on some of the traditional financial counterparty, execution, and custody risks.
Telcoin's initial consumer-facing product, Telcoin Translates, focuses on high-speed, low-cost digital money transfers to mobile money platforms and e-wallets around the world. Telcoin Translations connects with telecom, mobile money and e-wallet partners around the world to make sending and receiving money convenient, affordable and secure.
Incentivized adoption. Connecting to Telcoin will immediately give the operator the right to receive continuous supply of Telcoin. Networks with more Telcoin exchange traffic will get more.
Flexible Telco API. The Telcoin pricing and exchange API allows you to interact with the mobile network in prepaid platforms, postpaid billing systems and mobile money accounts via SMS, USSD, REST API and Diameter.
Wallet agnostic. Telcoin will offer the TenX wallet, but will also help telcos issue branded Telcoin wallets and will partner with any proprietary or third-party wallet operator.
Truly mobile friendly. Telcoin is designed to be fully integrated with your mobile spending habits, including international money transfers, online payments, mobile credit top-ups, and specialty transfers.
Dec 11th - ICO
Q1 2018 - Trial starts with first telecom
Q2 2018 - 10 mobile networks accept Telcoin
Q4 2018 - 10 million people have used Telcoin
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