Hello all of you. Welcome back to my blog. Today I would like to introduce to you a very potential project is TEMCO provide the transparent bits and override information in the string too the string provide to provide the information for the information information for the business and the user used.

Electronic money transactions recognize an essential part of the great path of electronic finance. This is where individuals can exchange other currency coded to modernize cash or fiat currencies like US dollars or euros. These deals deal with buyers and sellers and charge you from each exchange. Basically there are two types of transactions; Combined transactions and transactions. Cross transactions are ranked, for example, affiliate affiliates as participating agencies on their stage.
They usually continue as a basic part of contact for novices, who tend to exchange cash in their view of the easy-to-use and lively interface in their operations. The task of a unified transaction is clear and organized and a categorical estimate will make the system categorized. Not at the smallest level such as transactional access, decentralized accessories.
The deals are relevant regardless of whether they run with dangerous stores, such as unsecured downtime and downtime as well as better customer protection. Authorized transactions again do not require any representation of the character, similarly, security issues like the overhaul of hierarchies appear. Transactions do not hold money for customers, and instead, customers are specially connected, suggesting that you do not need to emphasize the security of your pre-encrypted transactions. For any customer package, explore the use of hierarchical transactions in a consistent way, which reduces liquidity, showing differences in the deals associated with these lines.

What is TEMCO?

Tеmсо iѕ a uniԛuе supply сhаin ѕоlutiоn оut оf South Kоrеа. It iѕ thе first Aѕiаn рlаtfоrm built оn tор of RSK’ѕ blockchain аnd аn оffiсiаl раrtnеr оf RSK. Temco’s gоаl iѕ tо utilize smart соntrасt tесhnоlоgу tо оvеrсоmе thе limitаtiоnѕ оf сurrеnt ѕuррlу сhаin mаnаgеmеnt ѕуѕtеmѕ.

In thе existing system, thе infоrmаtiоn frоm each unique participant in thе system is uѕuаllу рrосеѕѕеd ѕераrаtеlу аnd segregated frоm thе оthеr раrtiсiраntѕ. Thiѕ саn lеаd tо some mаjоr iѕѕuеѕ аnd аllоwѕ for lаrgе margins fоr error within thе ѕuррlу сhаin.

But with TEMCO, it bесоmеѕ роѕѕiblе to connect еасh раrtiсiраting party in thе supply сhаin by uѕing blосkсhаin tесhnоlоgу. This will аllоw each step in thе process tо be recorded in real timе аnd, in rеturn, will rеѕult in a ѕmаllеr mаrgin fоr error.

Solution

Supply chain is known to be one the most exciting direct applications of blockchain technology, its implementation will save the whole industry dozens to hundreds of billions of dollars each year. How is it possible ?

The current structure of a supply chain management system has major flaws. Because there are a lot of participants, the network is chaotic and inefficient. A classic system involves multiple databases that are disorganized and often don’t communicate between each other. This creates a situation where the data doesn’t flow freely, can be tampered or even lost. As a result, end consumers have very low trust in the supply chain information and they’re totally right. Without standards and regulations, the actors in the industry fail to track goods transparently and to quickly manage crisis when they occur.

Large corporations are able to create proprietary systems to deal with this issues but medium-to-small businesses don’t have access to it. Most of the time, they don’t have the infrastructure and the resources to invest in such technology.

This is when TEMCO takes action.

Protocol

TEMCO relies on 4 pillars expressed above to create a next level solution for enterprises, we’re going to go quickly through them.

High Connectivity Between Users

All the product’s supply chain information will be recorded by smart tagging technology (such as QR codes) allowing all participants ; manufacturers, warehouses, carriers, distributors and consumers to track goods anytime from anywhere.

Reliability of Supply Chain Information

TEMCO anticipates the loss or tampering of information by implementing a vendor verification program for network participants and transport guidelines. By utilizing a Smart Contract-based authentication system, end consumers can be sure the information stored on the blockchain is reliable.

Transparency & Stability

A distributed network like a blockchain ensures the stability and accuracy of the supply chain information, the data can be verified by anyone. Temco will also use a decentralized server such as IPFS to store all the data generated by the ecosystem.

High Efficiency

Small-to-medium companies (SME) will greatly benefit from this solution, an open platform that is highly convenient and doesn’t require large investments. This will allow the businesses participating in the network to raise productivity, transparency and to bring back the confidence of their customers.

The whitepaper of the project provides a lot more details about the functioning of the protocol: :https://www.temco.io/templates/temco_whitepaper_en.pdf

Partner

Korea Investment Partners (KIP) has chosen Temco as the first blockchain startup they will invest in with an undisclosed amount of money.

“Temco is more than prepared to disrupt contemporary supply chain process,” Jong Hyun Kim, the fintech investment board member of KIP, stated in the official press release, adding:

“Not only does Temco exceed existing business solutions, but also is a prime example of the potential of blockchain technology.”

KIP is widely regarded for investing in major billion-dollar Korean enterprises such as the country’s largest web search engine, Naver, and Kakao, the operator of the country’s dominant mobile messaging app Kakao Talk.

This is a major step for Temco as they are gaining a great recognition and legitimacy for the near future.

ICO Details

TEMCO tokens and incentive points are rewarded to users when they participate in the community. To motivate users, we give more TEMCO tokens and incentive points to monthly top reviewers, highly rated businesses, and community-voted feedback writers. They can spend the tokens in the TEMCO marketplace.

Ticker: TEMCO
Token type: OWN WALLET
ICO Token Price: 1 TEMCO = 0.0063 USD
Hard cap: 19,000,000 USD
Total Tokens: 6,000,000,000
Available for Token Sale: 50%

Conclusion

This is a leading ICO project in 2018. Next year it will further develop beyond the world with its features. His outstanding features. With the investment of many famous companies will surely succeed