The blockchain standard for the telecommunications industry

A public, EVM-compatible blockchain validated exclusively by GSMA mobile operators. The settlement layer that powers everything above it. Validators stake TEL to secure the network through proof of stake, and earn block rewards and gas fees for every block they produce. Every operator that joins extends the ledger, and the value the whole network creates flows to the operators who secure it.

The native token and digital commodity at the center of the platform economy. Every transaction is paid in TEL, and every Miner stakes it to produce, earn, and govern. Supply is limited and new issuance is predictable and declining, while a portion of the gas fees paid in every block is destroyed and regenerated to the Treasury, so the network funds its own future from its own activity. As platform adoption grows, demand for a useful, scarce token rises with it.

The digital markets infrastructure of the platform. The marketplace layer powering global applications, from foreign exchange between Digital Cash stablecoins to the full range of on-chain financial services. Deep, user-owned, self-custodial liquidity, governed by the Miner Groups who
provide it.

The connected app store for telecom services and blockchain finance. The application layer where GSMA Member developers build mobile applications and the Stakers who use them earn by spreading them. Unlike a conventional app store, these applications are not siloed. They share the same underlying liquidity through TELx and the same telecom rails, so payments, currencies, and capital markets access flow between them. Tokenize a value chain, program and automate payment flows across currencies, and let one application reach the markets and users of every other.