Telcoin turning a challenge into opportunity & making serious money in return
There are 5 billion mobile phone users out there where as there are far less people who get any access to a banking facility.
According to World Bank “According to the World Bank, there are nearly five times as many mobile phones in the world (5 billion), as there are active bank accounts (1.2 billion)”
These numbers reflect quite a big disparity and paradox of the developing world. It is a challenge to provide financial services to those who have no access to them. Yet this challenge has been turned into an opportunity by Telcoin.
Telcoin is a business model with Telcoin a EC20 toke and Ethereum based blockchain.
What is intends to achieve is turn the mobiles phones of all those people into a powerful device that can send and receive money.
This money would be stored on the Telcoin wallet and be stored on the user mobile phone device.
Rather then seeing the telecom operators as competitors Telcoin plans to turn them into partners and not jusr revenue with them but also help them grow their revenue.
Telcoin will benefit from a transaction fee applied when subscribers buy or sell Telcoin from their
mobile operator. At the point of conversion, from mobile money or telecom credit to Telcoin, a
transaction fee of 0.5 percent will be applied.
To fund this project Telcoin is having an ICO . The ICO date is 11 Dec 17
Fore information of the ICO can be obtained here
Telcoin
Telcoin WhitePaper
Telcoin Twitter
Telcoin BTCTalk
https://steemit.com/cryptocurrency/@originalworks/150-steem-sponsored-writing-contest-telcoin
Feel free to contact the Telcoin team with any queries about the project or the ICO
telcoin2017
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