Payments > Best Use of Blockchain
Telos is a networked ecosystem enabling visionary leaders and communities to work together to build a new global economy. Telos is a smart contract blockchain running on EOSIO software. It makes use of Delegated Proof of Stake (DPOS) consensus. TLOS is the native currency of Telos and is used for acquiring resources for decentralized applications (dApps), voting for block producers, worker proposals, election arbitrators and other on chain governance. The governance features used by Telos' core system are available for dApp developers to include in their projects.
What can you do with Telos?
Build autonomous corporations
Visionary leaders are building network driven entities that are socially and incentive aligned creating powerful network effects.
Move digital assets instantly
Sick of waiting 3 days to do anything?Imagine receiving value as quickly as it is created. On Telos value can be moved in 0.5 seconds.
Access a truly global economy
Digital currencies and assets created on Telos move without intermediaries such as banks. The network is accessible to the billions of unbanked world wide.
The TLOS Token
TLOS is the fuel of the Telos Network. It can be utilized to stake for or rent application resources.
Trail - Voting as a Service
Trail (VaaS) currently enables developers to build game changing autonomously governed digital corporations at scale. Upcoming user interfaces will enable non developers to build these corporations at will.
Telos features an amazing work system which power Telos network and the economies that sit on top. Telos is constantly being improved by core developers as well as swarms of professional freelancers of all skill sets.
The Telos dispute resolution system is an optional function for platforms built on Telos. It can be used to enforce Telos Human Readable contracts and enable key recovery.