Telcoin Newsletter #11

Telcoin in Blockfolio Signals.

Telcoin has now been added to Blockfolio Signals to allow us to communicate quickly and efficiently to their growing user base. Blockfolio is the world’s most popular Bitcoin and cryptocurrency portfolio management app, and we’re excited to be in the first wave of cryptocurrencies being integrated into their new Signals platform.

Telcoin in Dubai

Telcoin Chairman Paul Neuner presented the anti-fraud and security aspects of Telcoin remittances at the internal Etisalat Group Revenue Assurance and Fraud Management (RAFM) Forum in Dubai last week. At the forum, RAFM heads from each of Etisalat’s global operations in 15 countries gathered to discuss the latest telecom services and associated fraud and security challenges. It was a great opportunity to introduce Telcoin to Etisalat mobile operators worldwide.

Final step towards our license in The Philippines.

Late last month, after Telcoin completed all required documentation for the Virtual Currency Exchange (VCE) license for the Philippines regulator, Bangko Sentral ng Pilipinas (BSP), and successfully submitted to them, Claude and Eric traveled to Manila to meet with Philippines regulators and conducted a presentation and demo about how Telcoin will serve Filipino users and their relatives.

Telcoin is moving forward and we are happy to announce that recently the BSP concluded that Telcoin’s business model and technology met or exceeded the rigorous standards for required licensing, and have issued the company a formal “Letter of No Objection” – opening the door for full Telcoin operations in the Philippines in the very near future.

First TEL to PHP transaction

Telcoin successfully completed the first TEL to PHP (Philippine Peso) transaction via the Telcoin Wallet (for privacy and security reasons, these transactions have been done on a private network). This marks a major milestone in the development of our project, and allows us to demonstrate a working API system to both telecom partners and regulators.

PADCDI Membership

Telcoin is now an official member of PADCDI (Philippine Association for Digital Commerce and Decentralized Industries ), and joins over 70 leading digital commerce and fintech companies working to promote blockchain to the government, regulators, corporations, and investors.

PADCDI’S mission is to develop industry best practices, help shape national and global regulatory policies, and promote consumer confidence. It also seek to spearhead the continuous growth and advancements of blockchain, crypto-economic, decentralized, and related digital technologies in the Philippines.

Telcoin is proud to be a member of PADCDI and looks forward to working closely with other PADCDI members in the future to spread financial inclusion throughout the Philippines.