What is TEMCO?

Temco is an exceptional production network arrangement out of South Korea. It is the principal Asian stage based over RSK's blockchain and an official accomplice of RSK. Temco will probably use keen contract innovation to defeat the confinements of current inventory network administration frameworks.

In the current framework, the data from every exceptional member in the framework is normally prepared independently and isolated from alternate members. This can prompt some significant issues and takes into consideration expansive edges for mistake inside the store network.

Yet, with TEMCO, it winds up conceivable to associate each taking part party in the production network by utilizing blockchain innovation. This will enable each progression in the process to be recorded continuously and, consequently, will result in a littler edge for mistake.

Therefore, organizations will have the capacity to eliminate inner blunders inside their production network, which will result in less mistake cost for the business. At the point when an organization utilizes Temco for their store network needs, they will have the capacity to make a more solid structure to their organization's biological community, inevitably bringing about less expenses because of oversights inside the framework.

Additionally, Temco tends to the requirement for quality items inside the biological community. In the current store network display, it is to a great degree testing to recognize the level of nature of an item that an organization professes to have. What's more, in the current model, it is relatively difficult to track where a mistake underway or conveyance really happened, making to a great degree difficult for an organization to settle its blunders.

With Temco's store network arrangement, the items in an organization's biological system can be followed and observed through the whole chain, from item creation to conveyance. Also, it tends to be improved the situation negligible costs when contrasted with other blockchain and savvy contract choices.

In the event that a blunder occurs in the production network while utilizing Temco, it will be significantly less difficult to find the area of the mistake than at any other time.

Subsequently, one of their objectives is to help oversee nourishment security at the administration level including the Ministry of Agriculture and Forestry and the Food and Drug Administration.

Temco Mission

Little and medium-sized ventures (SMEs) don't have adequate foundation or money related adaptability to offer store network administration information to their clients. Then again, clients need more data about their requests more than any other time in recent memory. In the current framework, they just approach fundamental delivery logs and estimations.

Utilizing blockchain and shrewd contracts, the Transportation Enterprise Merchandise Customer Organization (TEMCO) Project will alter store network administration through creative innovation.

Our task will give more prominent straightforwardness and unwavering quality over the whole store network procedure to convey reliable data that engages organizations and shoppers.

Advantages OF TEMCO

The production network administration data will be store on the stage shrewd contract which are confirm and valid on this stage. Along these lines, purchaser will be completely dependable on each data overcome the Temco stage.

The Temco stage will support the straightforwardness of inventory network administration and furthermore balance out the biological system.

The Temco stage will give space for both little and substantial firm to connect with is store network business in this way expanding the biological system on the loose.

Imaginative and Exciting

Not exclusively is TEMCO part of the dynamic and up and coming South Korean cryptosphere, the venture additionally holds the possibility to reform the supply chain — making the huge worldwide exchange foundation more straightforward, effective and available.

In the event that this level of desire through development wasn't sufficiently appealing, TEMCO is additionally founded on Rootstock (RSK), a blockchain organize that TLDR have not yet had the chance to completely investigate and draw in with.

One of the key drivers for a fruitful working relationship is energy. Feeling the enthusiasm and drive behind a venture is essential, and is frequently key to progress. TLDR's Managing Partner, Tom Graham, develops why TEMCO is such an energizing prospect;

'TEMCO is an amazing group, and the principal RSK venture that we've worked with. We see various issues in the inventory network space that can be explained, or if nothing else encouraged by blockchain applications. TEMCO persuaded us that they are equipped for making the following strides in consolidating these two fields and we are eager to help them in this undertaking!'

The fate of the venture

In the wake of anchoring private ventures from best VCs like KIP, TEMCO expects to raise $19 million amid its ICO beginning in November. This sum will enable the undertaking to fund the improvement of its stage and additionally to help promoting endeavors for the coming years.

When the ICO is finished up, we can hope to observe the arrival of the store network arrange in mid 2019. Beginning starting here, TEMCO will bit by bit build up its diverse instruments like a Business Insights apparatus, an IoT work, a shopper application and even an extravagance merchandise arrangement.

This venture is certainly energizing and promising, I'm anticipating perceive how it will advance and how quick it will pull in different organizations to join its stage to bring effectiveness, straightforwardness and dependability in their production network administration forms.