Despite the impediments in the crypto sphere, optimism among cryptocurrency traders and enthusiasts has unwaveringly grown. Blockchain technology has been instrumental in developing novel financial solutions aimed at resolving primary everyday difficulties, and more than ever before, the demand for cryptocurrency innovations is on the uprise. Telcoin (TEL) is one of these financial products seeking to transform global remittances. Telcoin (TEL) was created in 2017 by Claude Eguienta and Paul Neuner, and its core mandate is to create a bridge between the crypto space and fiat currencies with the aid of the blockchain. Telcoin Pte. Ltd. is situated in Singapore and boasts a diverse and competent team in Japan, Tokyo. What is Telcoin? Telcoin is a decentralized cryptocurrency and remittance system built on Ethereum. It was designed to make worldwide money transfers easier by integrating blockchain and the telecom industry. Telcoin aims to take over the remittance market, currently dominated by Western Union (WU) and other competitors, by partnering with worldwide telecom enterprises, mobile money platforms, and billing platforms to provide consumers with instantaneous and low-cost digital remittances via a mobile platform and secure wallet. Telcoin leverages the best features of the Ethereum blockchain to achieve its goal. It relies on Proof of Concept (PoC) rather than traditional validators to verify consistency in transaction...
