Telcoin Platform

Telcoin Platform

Telcoin Platform: Sector

The Telcoin Platform, TEL and its governance system are designed to be the blockchain network infrastructure and token standard for mobile network operators and the broader telecommunications and mobile financial services industries encompassed by the GSMA, its members, and their customers.

The Telcoin Platform, TEL and its governance system are designed to be the blockchain network infrastructure and token standard for the telecommunications industry encompassed by the GSMA, including mobile network operators, other GSMA members, and their mobile customers.

The system consists of three blockchain layers which combine to provide a superior, alternative infrastructure for telecom, mobile financial and other web3 network services, including a mobile application layer, a DeFi layer, and a base-layer blockchain system.

Telcoin Platform: Sector Summary

The Telcoin Platform is nested structure of three blockchain infrastructure networks, including Telcoin Network, an EVM-compatible, proof-of-stake blockchain network produced by GSMA Operator Member Mobile Network Operators (MNOs), TELx, a decentralized financial marketplace network, and Telcoin Application Network (TAN), a network of mobile applications produced by GSMA members that integrate with the subsidiary levels of the Telcoin Platform and enable users to access its services.

  • Sector: Blockchain Platforms
  • Description: Blockchain systems with multiple component parts that provide the underlying infrastructure and technology for creating and running decentralized applications (dApps) and smart contracts on a blockchain network.

    • Telcoin Platform Infrastructure Networks: Sector Overviews

  • Telcoin Application Network (TAN): A network of self-custodial, mobile applications nested as an interface layer on the platform enabling users to access the system and the products it generates. TAN operates at the intersection of the following two sectors:
    • Telecom, mobile financial services: Encompasses financial services provided through mobile devices by telecom operators and their mobile money subsidiaries.
    • Self-custodial, mobile blockchain wallets: Focuses on the development and provision of mobile-based wallets that enable users to securely store, manage, and transact their digital assets directly from their mobile devices, while maintaining control over their property.
  • TELx: A network of decentralized financial markets, produced by liquidity miners on DeFi protocols, that enables actors to exchange their assets using automated, self-custodial liquidity pools that operate on the blockchain in code independent of a central operator.
    • Sector: Decentralized finance
    • Description: Encompasses the use of blockchain systems and on-chain programs called smart contracts that replicate existing financial services in self-executing, open-source code on blockchains in an automated, decentralized, self-custodial manner without the need or use of centralized intermediaries.
  • Telcoin Network: An EVM-compatible, public blockchain networksecured by GSMA Operator Member, Mobile Network Operators globally using proof-of-stake consensus.
    • Sector: EVM-Compatible, Proof-of-Stake Blockchains
    • Description: The sector focuses on blockchain networks that are compatible with the Ethereum Virtual Machine (EVM) and utilize a proof-of-stake (PoS) consensus mechanism. These networks enable the execution of smart contracts and support the development of decentralized applications (dApps), decentralized finance (DeFi) protocols, and various blockchain-based solutions. The sector aims to provide scalable, energy-efficient, and developer-friendly blockchain platforms that inherit the benefits of Ethereum while addressing its scalability challenges.

    • Telcoin Platform: Sector Description

    The next section provides a detailed description of the platform sector:

    Telcoin Platform: Clarity of System Boundaries