Telcoin is excited to make official its relationship with sister company Sedona, a telecom fraud management and security startup. Sedona is essentially the team of former associates of Paul’s in the telecom fraud and security industry that have followed and supported Telcoin informally until now, who want to organize more formally to advance Telcoin’s vision.
One major challenge that we discovered early on at Telcoin is that while mobile operators may get very excited about Telcoin as a bridge to allow their subscribers to access crypto assets — selling this to legal compliance departments is a different animal. Telcoin has figured out a “fiat first” approach to connect to banks and mobile money platforms, and Jeff has become a Jedi knight at navigating that fine line.
As for the longer view of partnering with carriers to bring crypto assets to subscribers in a safe and secure manner, we feel that involving a neutral third party integrator like Sedona is very effective. Sedona can propose an agnostic platform to mobile operators, providing a smoother path to enabling subscribers to access Telcoin services and the TEL token. Sedona is, in effect, an arm of Telcoin that will help us more rapidly scale and progress toward our goal.