Writing Contest: Telcoin

For the hundredth time you have tried to tell your grandmother all about the cryptocurrency world and despite her broad smiles, you know she has no clue what you are talking about.

What about if you could show it to her? No, I’m not talking about placing her in front of your wallet and show her how the colors go up and down. What if she could buy cryptocurrency without knowing a single thing about it?

Telcoin comes to life as a necessity to address the problem of audience the blockchain is currently having, and mobile network operators will be at the center of their strategy. Considering there are nearly five times more mobile phones in the world than active bank accounts, it's safe to say it's a lot easier to access mobile phone services than banking services.

Imagine the number of people that would be interested in the blockchain technology if they knew it involves a friendly environment and a phone?

Based on the Ethereum blockchain, this means there is going to be a new way to make transactions in cryptocurrency, using just your phone as your wallet. Easy, huh? Telcoin will be functioning through your service provider, distributed by your national telecom operator and made available, meaning the user will be able to send others payments just by knowing the phone number of the receiver.

If the idea of mobile transactions is not enough to catch your attention, perhaps the mistrust regarding cryptocurrency will. As much as we all love the instantaneity of these operations, it's a double-edged sword since numerous stories are around the Internet about cryptocurrency marketplaces suffering a security breach. Telcoin is offering a new trust level, providing a secure bridge between users and cryptocurrency.

You don't even need to trust them to begin using Tecoin's service; you need to trust your telecom operator for not offering illegal services or scam schemes; a critical aspect for Telcoin since satisfying these concerns that are commonly associated with cryptocurrencies is what they are really all about.

So, what's in it for me?

Let's say you own an online store, and you've been offering the same old banking methods for years. Well, it turns out there's a growing population of consumers you are neglecting because you are not providing access to cryptocurrency. They are interested in your product, they are potential costumers, but they are not buying it. You are losing clients.

Now imagine if your customers were able to buy anything from your store with crypto just by using their mobile phones. You will not only receive a payment in seconds, but your audience will exponentially grow along with the cryptocurrency world.

Whether you are an entrepreneur with an Etsy shop, a simple global trotter or a regular kind of person, Telcoin will cover your needs enabling you with efficient transactions preventing frauds and making it available and accessible just by the tap of a phone.

As a wave of interest in the future of cryptocurrencies is finally rising, you might as well be a part of it now.

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Image Source: I, II
Mockup Source: I, II
Link to contest