TEMCO Review
TEMCO is a blockchain based project that that aim to revolutionize the supply chain ecosystem. This platform was originated from South Korea, a very promising project that want to restore back confidence and trust to consumers of food.
This project emanate as a result of challenges facing the supply chain of food starting from the source to the last point of consumption. Temco will restructure the supply chain management that will suit the digital ecosystem.
Temco want to rebrand the supply chain ecosystem ranging from the manufacturer to distributors and the final consumers. This will help the distributor quickly locate a manufacturer, while the consumers too can easily locate a distributor and do an exchange in a tokenize way through a smart contract.
Temco is a very promising project because it partner with other top organization like RootStock (sidechain of bitcoin) and another top Asian firm Korea Investment Partners (top Korea venture organization) investing into Temco.
WHY TEMCO?
The traditional supply chain has some backsides and flaws which is making the whole system look tremendous. Consumers can hardly detect the source or point at which they contaminate disease from the particular food they consume because the supply chain process has no measure. The process of getting food into your store is really outrageous whereas people spend vigorously because the supply chain is not set on cheap lane. There is no regulation to mark the effectiveness and legitimate of a particular supply chain; even the government or some organization spend recklessly on setting up a standard supply chain but their outcome is not effective. Due to the cost of setting up food chain supply, most average people could not afford the worth to set up one, thereby leaving only the rich people at the game. There are many organization involving in the management of supply chain but there is no database or network that could connect them to share ideas with each other.
SOLUTION BY TEMCO
The team of this great project as seen the flaws in supply chain management and clarify that the blockchain technology is the answers to those various challenge because it has features and benefits which disrupt the traditional supply chain system to a way that everything will be done in a decentralize and more transparency way.
Temco will create an ecosystem that merge all supply chain management starting from the manufacturing point to the final consumers in one system. Within the Temco ecosystem, all the body involved in supply chain will be able to locate any kind of goods at an easier way without any much stress.
BENEFITS OF TEMCO PLATFORM
* The supply chain management information will be store on the platform smart contract which are verify and authentic on this platform. Therefore, consumer will be fully reliable on every information gotten through the Temco platform.
* The Temco platform will boost the transparency of supply chain management and also stabilize the ecosystem.
* The Temco platform will give room for both small and large firm to engage is supply chain business thereby enlarging the ecosystem at large.
TEMCO TOKEN ECONOMY
The platform has introduced their utility token termed ‘TEMCO’. This token will be used on the platform for payment, purchasing and any other kind of exchange on Temco platform. The TEMCO token will be also used to reward people that contribute to this platform.
TOKEN SALE detail
Ticker: TEMCO
Platform: Rootstock
Token Type: Utility Token
Token Supply: 6 billion TEMCO
Soft Cap: 5 USD million
Hard Cap: 19 USD million
Equivalent: 1 TEMCO= 0.006333 USD
Accepted Payments: ETH, BTC
USEFUL TEMCO OFFICIAL LINKS:
Website: https://temco.io
Whitepaper: https://temco.io/templates/fast_fact_one_page_en.pdf
Medium: https://medium.com/temcolabs
Twitter: https://twitter.com/temcolabs
Telegram: https://t.me/temcolabs
Author : maharani700
My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1133276
Eth Address : 0xE56d229DD55619bc6ae3AEbd3657BA31cF3D448c
