The conception of Telcoin: a whole new advancement in the development of cryto currency trading?

josediccus (75)in #cryptocurrency • 7 years ago

Crypto currency has reached an advanced level where it has toppled fiat currency in the exchange market, and it has been proved by the existence of more than 30 coins which include bitcoin, SBD vatcoin and a whole others, however as much as I can keep listing the advancement of crypto currency and it's mining I will also be quick to note that the process of coin exchange has been a very gruelling and tiring process due to the numerous stages of involvement in crypto currency exchange, which until now has not been able to be tackled or made a headway until the conceptualisation of Telcoin under the Ethereum blockchain

Telcoin as the name seems is an advanced mobile powered initiative that will work with network service providers in order to allow crypto currency users to transfer coins from one user to another simply by knowing the mobile number of the user intended to be funded, instead of having to memorize their wallet address or even preventing the complications of coin site ailings at times, or even come in handy where there seems to be no internet for a transfer.

How will Telcoin influence and advance crypto currency exchange?

fiat currency will be getting a run for their money when it comes to currency exchange in flexiblity of liquidity.

Telcoin when launched will make for crypto currency to spread its reach.

due to the fact that crypto currency is a liquid legal tender people find it very difficult to believe in it's authenticity, and therefore refusing to be involved with it, Telcoin will help convinced people of crypto currency legitimacy since they will be working with services network provider. This will be a testament to people.
Also it will reduced inefficiency and fallibility of exchange websites, as so many of the have a tendency to fail when needed the most.

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It will help consumers to transact on the go, because it will be like transacting a normal fiat currency, and also reduce the high rate at which these wallet exchangers tend to extort exorbitant fees from customers.

On a businesses level it will grow service providers as a whole lot of people will be involved. The user the operator and operator supply will all benefit from profiteering in the sense that there will be more easier exchange of crypto currency making it possible for numerous exchange, thereby bringing about a high exchanges rate which will cause the influx and more pumping that will bring about good business in the long run.
It can also make possible for huge liquid payment. and make deals possible easirer more efficient and trustworthy.

And not forgetting to mention, tourism can be better advanced with Telcoin. It will help people who move from place to place visiting places of interest to easily pay for their expenses anytime without unnecessary limitation to banking shenanigans or a place where a particular currency is not allowed, since crypto currency is universal it will help boost influx of people to places where they fear they can't visit because of currency and payment of dues.

No doubt the use of crypto currency will experience a changes at very laudable rate, the growth charts will be stabilized because Telcoin will help maximize trading and the exchange of crypto currency.