Digital friction, impromptu hitches, and uncountable obstacles, no matter what Ee, cryptocurrency, namely Telcoin, continues to chart the ladder. The passion for cryptocurrency traders continues to improve. However, many have chosen the Blockchain to be a creative solution.
Nonetheless, it is Telcoin that has stolen the show. This article is dedicated to solving the question many have been asking. That is, “is Telcoin worth investing in?” So let’s zoom in analytically to discern it better.
A Thorough Telcoin Review with Historical Study
Telcoin crypto is an ethereal-based cryptocurrency. It employs a decentralized currency as well as a remittance system of payment. The authority introduced this as a global remittance of money by merging with blockchain and the telecommunication industry.
Hence, Telcoin focuses on evolving as a major currency system to transfer money easily. Hence, it is a money transfer service. Moreover, the telcoin services are very helpful as they offer remittance to services given to the customers with benefits. Moreover, they have also introduced mobile usage for such services. So, it makes it easier for many to utilize the currency.
Claude Eguienta and Paul Neuner created Telecoin in July 2017 in Singapore. They aimed to assist the users in transmitting the money in the shortest time limit. Neuner, the chairman of Telcoin, had over 12 years of experience and knowledge in telecommunication. He divulged in the blockchain industry with Mobius. It is a mobile network control service.
In 2012, Paul Neuner developed Pangea K.K. It is a Tokyo-based software application development company. Before he founded Telcoin, he initiated making Ikou. It was a mobile application that could assist the user in creating and organizing any events. However, in 2018, he developed Sedona.
It is a next-gen telecom managing service to protect the mobile’s financial services. The CEO and the head of the project are currently Claude Eguienta. He also knows technology. Moreover, he had worked for startups and large technology companies that focused on providing their clients with monetary services for over a decade.
What Are The Basics of The Telcoin You Must Know Before Investing:
Telcoin generally runs on the Ethereum blockchain. Hence, it uses the best features to give its user the best services. For example, Telecoin utilizes the Proof of Concept or PoC instead of validators to ensure consistency during transactions. So, Telcoin tries to verify whether the trade has a real-world appearance or not. After they validate it, they proceed with it.
To go forward with the order, the model has included three major components.
- Network
- Telecommunication companies
- Subscribers
The facets assure proper care of the wallet while carrying out the network. It is one of the common practices in decentralized cryptocurrency. Hence, the Telcoin crypto users will be able to retain total license and control of their tokens.
The token owner will have the right to transfer the token to the peer account theirs. However, to successfully transfer the token, one needs a minimum of two private keys. This is a medium of security unique to Telcoin only. Although they can increase this necessity based on the settings we know as the multi-signature model. This assists in attaining a high level of security in the system.
History of Price
The Telcoin crypto trades at $0.025. Although it is not near the highest rate, that is $0.064. Still, many predict that it will bounce to the sale height again. In May of 2021, the currency reached new heights of value with $0.064. This shows that the asset had grown over 80,000% since its ICO back in 2018.
Although the coin has gone through bad times, it has also seen a huge reach during launch with a token price of $0.0013. In March 2020, the value of the Telcoin price grew up to 4,000% in the market. But it was in February that it started to take off.
The owners of the coins have Telcoin 2.0 to thank for it. Telcoin 2.0 has fulfilled several of the promises that came with the previous version. Moreover, the value will rise again when the new version, 2.2 and 2.3, rolls out in the market.
So, Now The Question is, Is Telcoin Worth Making An Investment?
Telecoin gave their vision for their token on July 1st. It is the deadline they set themselves on their roadmap to success. Although they are very dedicated to the progress and mass usage of Telcoin, they continue to come up with new ideas. These ideas work as a promotion that tends to bridge the potential users using the two elements in the model.
They think that their alliance with telecom operators can solve major issues in digital currency. The major issue is lack of trust, reach, and KYC. That is why they have used telecom firms to get rid of such issues. Telcoin utilizes the telecom firm’s existing trust. They also use the user base and obedience to KYC to build trust in them as well.
This helps the users safely transfer the money anywhere in the world and confirms the identity as well. To make it more effective, they shook hands with companies like Jumio. It is an AI platform that uses a technique to tell the individual’s identity without a miss. This advanced aspect is also available in the Telcoin app.
Although it has a long way to go, currently, Telcoin has been working with 20 groups. Each group helps them to erase the issues more efficiently. Positively, the V3 update will look forward to including more countries and platforms into their app. Via many updates, they will deliver.
Ending Note
The telcoin price is on the rise. So it is common for many to try their hands at this investment. Moreover, the app’s advanced features continue to rise, so it is good news for its users. So get to the application now to register to use the currency.