TEMCO - ALLEVIATING THE LAPSES IN INFORMATION DISSEMINATION

INTRODUCTION

Many will agree that using cryptocurrency presents much-needed solutions to problems that exist across the board in the payment industry. Blockchain, a state-of-the-art technology that completely changes how business is done. So why don’t we see the ubiquitous use of cryptocurrency when people pay for goods and services or make transfers? The question is why do people still go to banks when a full-blown revolution is happening under their own very nose?

Cryptocurrencies and blockchain based services are now a household name, a proper understanding of it still eludes people. There are some that are pushing ahead, using digital wallets to make payments, while others are playing catch up. In 2013, Bitcoin was used to make $9.8 million worth of payments per month; by 2017, that figure was $190.2 million. The upward trend is easy to see, especially as more and more services are accepting crypto as a form of payment. Undermining this success are concerns regarding security, usability and speed, which rightly persevere.

As more technological advancements are uncovered, TEMCO, a supply chain platform on RSK blockchain came on board. It connects isolated supply chain systems and offer real-time data services through business intelligence tool and consumer application.

A QUICK OVERVIEW OF TEMCO

Lets calm our nerves and enjoy this awesome video presentation

Tеmсо iѕ a uniԛuе supply сhаin ѕоlutiоn оut оf South Kоrеа. It iѕ thе first Aѕiаn рlаtfоrm built оn the 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.

Consumers usually have doubts about product quality, and companies operate ineffectively in conventional systems because information is disconnected. Temco connect isolated supply chain systems and offer data services. Using the Temco business intelligence tool, companies gain new business insights. For consumers, we provide a consumer application to track real-time supply chain data and an online market with a cryptocurrency payment feature.

TEMCO will store products supply chain information from the manufacturer to the end consumer via smart tags and QR codes via the blockchain Protocol. This is the most important thing, because it is a new type of distribution ecosystem, where participants will be able to access the platform at any time and everywhere.

Find below an example of those who will be connected to a single platform:

Manufacturers
Storage facilities.
Transport company.
Distributors.

OUR MISSION

Small and medium-sized enterprises (SMEs) do not have sufficient infrastructure or financial flexibility to offer supply chain management data to their customers. On the other hand, customers want more information about their orders more than ever. In the existing system, they only have access to basic shipping logs and estimations.

Using blockchain and smart contracts, the Transportation Enterprise Merchandise Customer Organization (TEMCO) Project will revolutionize supply chain management through innovative technology.

Our project will provide greater transparency and reliability across the entire supply chain process to deliver trustworthy information that empowers businesses and consumers.

ADVANTAGES

They have the so-called Business intelligence — a tool for business intelligence and offers business ideas and new opportunities! Everything is cohesive and organized and visualized for decision making

Tested vendors: — TEMCO will cooperate only with reliable businesses that use special verification suppliers! (WS)

Related data: — smart tags will track the entire supply chain process, from start to finish.

Shop: they have their own TEMCO marketplace where everything comes and so no need to look for other places to get more information!

THE TEMCO TOKENS

The TEMCO tokens will be used for sales and purchases among vendors and consumers, this come with incentives for both groups. The consumers will have a reward system by receiving points which can be converted into tokens simply for participating in the blockchain-based transaction system. The vendors will enjoy better insight, better operating system and better planning.