Telcoin (TEL) is a cryptocurrency designed to cash in on mobile phone services.To explain, Telcoin is a decentralized utility token that serves as “the underlying medium of exchange and unit of account between users of the Telcoin Platform.” The Telcoin Platform is a user-owned financial platform that serves Tecloin users, Global System for Mobile Communications Association (GSMA) member mobile network operators and Mobile Money Service Providers.