Small and medium enterprises do not have sufficient infrastructure or financial flexibility to provide supply chain management data to their customers. On the other hand, customers want more information about their orders. In the existing business system, companies have access only to the main journals and estimates. Decentralized TEMCO platform intends to solve this problem. Blockchain technology and smart contracts helped the project to organize customers for transport companies in order to improve the process of supply chain management using innovative technologies. TEMCO will provide greater transparency and reliability throughout the supply chain process to obtain reliable information that will allow to effectively build a supply chain for enterprises in order to grow the market and increase profits.
Key features of TEMCO
TEMCO combines innovative technologies such as smart contracts, blockchain technology, MVP, etc. Data is loaded into blockchain using smart contracts, and is then transferred to a common database, which allows enterprises to make the most of valuable information. TEMCO is easily adaptable to existing operating systems. In conjunction with the global spread of the project, companies will be able to easily build relationships with foreign suppliers for the development of international relations.
Advantages of TEMCO
TEMCO is a scalable project aimed at improving the quality of interaction between suppliers and customers around the world. The platform allows tracking, sharing and accessing data on the supply of goods in real time anywhere in the world.
It is necessary to go through KYC registration to start working on the project. After completing the procedure, the account will be activated and each company will receive the entire list of tools and functions. In addition to KYC-checks, TEMCO platform additionally checks its suppliers with the help of VVS system, which assesses each contractor only after the actually completed order. This system will allow having reliable and transparent information about each participant in a transaction. In turn, blockchain platform underlying the project protects data from unauthorized changes and stores all information about completed transactions in a single registry.
After placing the order and concluding a deal, each supplier can track the movement of the order online, which makes it possible to quickly and efficiently eliminate problems encountered during delivery. Moreover, the system makes it clear which of the parties will be guilty in the event of damage to the cargo, and which penalty to charge from a supplier. TEMCO contributes to the effective organization of business, freeing up the company's resources for business development.
All transactions are executed on TEMCO market. A supplier no longer needs to look for places of product sale and additional information about the development of its market. Business Intelligence Tool offers business ideas and new opportunities. Information is organized and visualized for decision making using a wide range of analytical tools.
TEMCO cryptocurrency
TEMCO tokens are used to perform calculations within the project. A total of 6 billion units were issued, of which 50% was allocated for sale. The tokens are implemented on the base of Ethereum according to the ERC-20 standard. You can purchase cryptocurrency for BTC or ETH. The main crowdsale starts on November 1st. Early investors will be able to enjoy with favorable conditions.
Summary
Thus, TEMCO platform is a unique project that establishes international supply chain to unite the whole world to build an effective business model in the small and medium business segment. A comfortable interface, a profitable payment system, the ability to control each stage of delivery will help suppliers direct company's resources to develop their business, entrusting TEMCO organization.
The project was launched in May of the current year. To date, a prototype of the release has been developed and preliminary sales of cryptocurrency have been successfully held. After the main crowdsale, the development of the project’s business model and the basic tools will take place. The project’s beta version will be launched by the end of next year. A full list of tools will be available by the end of 2020.
Links:
Website: https://www.temco.io
WhitePaper: https://www.temco.io/templates/temco_whitepaper_en.pdf
Telegram: https://t.me/HITEMCO
Facebook: https://www.facebook.com/TEMCOLABS/
Twitter: https://twitter.com/TEMCOLABS
Medium: https://medium.com/temcolabs
ANN: https://bitcointalk.org/index.php?topic=5027072
Author: https://bitcointalk.org/index.php?action=profile;u=980049
ETH: 0x52031420541AE92622745A9417B11E73fb470BE9
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.
So excellent and fresh!