Telcoin (TEL) is an Ethereum-based decentralized crypto that was founded in Singapore in July 2017 to serve as a link between cryptos, blockchain, and the telecommunications industry.
The project intends to collaborate with leading telecoms companies such as Verizon and AT&T in order to eliminate the friction that exists between billing platforms and mobile money.
Telcoin's primary focus is the remittance market, where Western Union is currently the undisputed leader. Telcoin is collaborating with global telecommunications companies and mobile money platforms to offer users high-speed, low-cost digital remittances to mobile money platforms and e-wallets.
Telcoin (TEL) is an Ethereum blockchain-based ERC-20 token. In the telecoin ecosystem, TEL is used to make payments on e-commerce websites.
The remittance markets are Telcoin's primary focus. Despite the fact that there are nearly five mobile phones to a bank account, people still queue to send money through high-cost remittance agents, the largest of which is Western Union.
Telcoin collaborates with mobile operators and e-wallets around the world to provide a contactless service to a large number of users.
Telcoin (TEL) price equal to $0.0068 USD at 2021-29-04 here’s a price prediction on Telcoin (TEL)
Furthermore, By the end of 2021 we believe the price of Telcoin (TEL) will be around $0.32 - $0.63 USD.