Review on Telcoin by Alex Fed
Is Telcoin blockchain Western Union or not?
Telcoin project based on ETH blockchain and aims to simplify the use of cryptocurrencies at the mass level. For this, digital money supposed to be introduced into existing mobile networks with the provision of additional financial instruments.
Developers of Telcoin don't want to create new idea, banks or mobile services. The development priority of Telcoin is try to join own cryptocurrency in an existing infrastructure of mobile services.
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Pros
- Telcoin is a work project. You can use your phone for money transfers, online purchases and various payments and of course for speculative operations with cryptocurrency.
Cons
- Hard implementation scheme. Big players will not use telcoin in their transactions.
