Telcoin (TEL) is a cryptocurrency designed to enhance mobile payment systems and facilitate remittances, integrating blockchain technology with telecommunications.

How does Telcoin operate?

Telcoin operates on a public, EVM-compatible blockchain secured by GSMA mobile network operators, enabling peer-to-peer transactions and decentralized applications.

What are the key features of Telcoin?

Telcoin supports on-chain remittances and direct merchant payments, operating within a blockchain ecosystem that includes Ethereum, Polygon, Arbitrum, and Base.

What are the risks associated with using Telcoin?

Digital asset prices can be volatile, and users should verify contract addresses and custody methods to mitigate risks.

Where can I find official resources for Telcoin?

Official resources for Telcoin can be found on their website, GitHub, and various blockchain explorers.

How can I verify Telcoin before acquiring it?

Verify the asset name, network, and contract details before transferring assets to ensure security.

Telcoin (TEL)

Rank #137

Market snapshot

Price: $0.00160684
Market cap: $154.4M
24h volume: $1.5M
Circulating supply: 96,074,246,575.31
Total supply: 100,000,000,000
Max supply: 100,000,000,000

What is Telcoin?

Telcoin is a digital asset that aims to revolutionize global finance by combining blockchain technology, digital banking, and telecommunications. It is designed to provide efficient payment solutions and financial services, particularly in the mobile sector.

How Telcoin works

Telcoin operates on a public, Ethereum Virtual Machine (EVM)-compatible blockchain that is exclusively run and secured by GSMA mobile network operators worldwide. This structure allows for peer-to-peer transactions and the development of decentralized applications within the mobile network ecosystem. The Telcoin Association, a non-profit organization, represents the interests of mobile networks and stakeholders in the ecosystem, ensuring the ongoing development of core projects.

Key information

Symbol: TEL
CMC rank: #137
Network / platforms: Arbitrum, Base, Ethereum, Polygon
Categories: Proof of stake
Date added: Jan 14, 2018

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

Arbitrum
0x0419E8bfBBB2623728c3A6129090DA4Ff4e48113
Base
0x09bE1692ca16e06f536F0038fF11D1dA8524aDB1
Ethereum
0x467bccd9d29f223bce8043b84e8c8b282827790f

Key characteristics

Telcoin is categorized under various tags, including DeFi, identity, payments, and mobile payment systems. Its blockchain is designed to support on-chain remittances, direct merchant payments, and regulated blockchain banking services. The asset is also recognized for its compatibility with multiple networks, including Ethereum, Polygon, Arbitrum, and Base.

Documented uses

Telcoin aims to provide 1:1 native Digital Cash rails globally, enabling on-chain remittances, direct merchant payments, and regulated blockchain banking services.

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Telcoin?: Telcoin (TEL) is a cryptocurrency designed to enhance mobile payment systems and facilitate remittances, integrating blockchain technology with telecommunications.
How does Telcoin operate?: Telcoin operates on a public, EVM-compatible blockchain secured by GSMA mobile network operators, enabling peer-to-peer transactions and decentralized applications.
What are the key features of Telcoin?: Telcoin supports on-chain remittances and direct merchant payments, operating within a blockchain ecosystem that includes Ethereum, Polygon, Arbitrum, and Base.
What are the risks associated with using Telcoin?: Digital asset prices can be volatile, and users should verify contract addresses and custody methods to mitigate risks.
Where can I find official resources for Telcoin?: Official resources for Telcoin can be found on their website, GitHub, and various blockchain explorers.
How can I verify Telcoin before acquiring it?: Verify the asset name, network, and contract details before transferring assets to ensure security.

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