What is Telcoin Network?
An introduction to Telcoin Network, the ecosystem bringing mobile operators, digital money, and blockchain together to make payments, remittances, and financial services faster, more affordable, and open to anyone with a mobile phone.
What You'll Learn
In this guide, we'll cover:
- What Telcoin Network is and why it was created
- How the Telcoin Network works
- How to begin your Telcoin journey
Understanding Telcoin Network
Billions of people carry a mobile phone, yet sending money across borders is still slow and expensive, and many people have limited access to financial services. Telcoin was founded in 2017 to change that, starting from a simple idea: mobile operators already serve billions of customers, so they are well placed to help deliver digital money. In 2018, Telcoin became the first blockchain company to join the GSMA, the global association of mobile operators.
Today, Telcoin is an ecosystem of networks, products, and organisations that work together. At its core, it combines:
- Telcoin Network: a blockchain secured by GSMA Mobile Operators
- TEL: the token that powers the network and its governance
- Digital Cash: stablecoins such as eUSD, issued by Telcoin Digital Asset Bank
- Telcoin Wallet: a mobile app for holding and sending digital money
- TELx: the liquidity network where TEL and Digital Cash are traded
- Telcoin Association: the non-profit Swiss Verein that governs the platform alongside its community
How Telcoin Network Works
Telcoin Network is a blockchain built for moving money. Instead of being run by anonymous operators, it is secured by GSMA Mobile Operators: telecom companies that validate transactions and keep the network running.
- Fast and final. Transactions settle in seconds and can't be reversed once confirmed.
- Low, predictable fees. Fees are paid in TEL and stay steady rather than spiking block by block.
- Familiar to developers. The network is EVM compatible, so apps built for Ethereum can run on it with minimal changes.
- Community governed. Validators, developers, liquidity providers, and TEL stakers share decision-making through the Telcoin Association.
What You Can Do on Telcoin Network
Think of Telcoin Network as a global network built for moving value. Instead of waiting days for bank transfers or paying high remittance fees, Telcoin lets you:
- Send money globally in seconds, at low cost
- Use payment and remittance tools built on Digital Cash stablecoins
- Participate in the network by staking TEL, providing liquidity, or taking part in governance
- Explore applications built on Telcoin Network
Telcoin Network is secured by GSMA Mobile Operators around the world, who verify transactions and keep the ecosystem secure.
Getting Started
Telcoin brings payments and digital finance together in a way that's built for accessibility, speed, and open participation. Getting started takes three steps: set up your wallet, get your first TEL, and make your first transaction.
Ready to begin? Start with What is a Wallet?
