Telecoin is the PayPal utilized from blockchain but not quite so.
Telecoin lets you send money from anywhere by only using your phone number and they achieve that by leveraging blockchain technology and mobile money infrastructure, users are able transfer money globally in seconds.
Not only this is the fastest and most comfortable way to send money but also the cheapest way ,the global average cost of sending a remittance is over 7%. Telcoin is targeting an average total cost of less than 2%.
And all you have to do is a simply cash-in, enter the beneficiary country, phone number, amount, and send.
A solid model for telecom adoption
Telecom operators are issued TEL based on their transaction volume and integration maturity, ensuring the most efficient delivery of an affordable remittance service to their subscribers.
Telecoin is bulid on the Ethereum blockchain, Telcoin combines the strength of a decentralized network with multi-signature crypto security.
Is Telecoin the future of moving money we have seen that cryptocurrency are the best way to move money no doubt but we can move money through cryptocurrency exchanges but no everebody has cryptocurrencys and not all people will want cryptocurrencies as of price volity but what I’m sure people will want and need is a a simpler and cheaper way of moving money or making payments ,paying bill and Telecoin offers the best services for doing that.