What is Telos in Crypto?

Could you please explain to me in simple terms what Telos represents in the world of cryptocurrency? As someone who's relatively new to this space, I'm curious to know more about its purpose, key features, and how it differs from other blockchain platforms. Is it a decentralized platform? How does it aim to solve current challenges in the industry? Also, what kind of applications can we expect to see built on Telos in the future?