TEMCO ICO is developing a supply chain system on RSK Bitcoin blockchain. In existing systems, details are definitely shut off. As a total result, customers have got uncertainties about item quality, and companies ineffectively operate. We connect singled outsource string procedure and gave data providers. Using our business cleverness device, businesses gain new business ideas. For customers, we offer a customer program to track real-time source string data and an online market with a cryptocurrency payment feature.

TEMCO ICO has started with the simple idea, how can items end up being distributed and delivered to customers in a reliable method? As previously mentioned, existing supply chain administration systems perform not really fulfill consumers who demand dependability, mainly credited to the truth that consumers perform not possess immediate gain access to dependable details, instead of getting information verified by a third party only indirectly. The TEMCO task is designed to ensure that accurate source string information is included within a blockchain when an item is usually transferred via Wise Agreement. This connects producers, warehouses, transportation companies, vendors, and end customers, enabling source chain details to end up being shared in the valid period.

As a data and information-based source string remedy, the TEMCO task seeks to achieve high connectivity between users, dependability of supply string information, transparency and stability of source chain information, and high effectiveness.

Great Connectivity between Users

TEMCO will shop the product’s source string info from the manufacturer to the end consumer through wise tagging technology such seeing that QR codes through a blockchain protocol. This creates a new type of distribution eco-system where all participants will become capable of gaining access to the TEMCOplatform anytime, anywhere. Producers, warehouses, transportation companies, vendors, and consumers shall be linked on a single platform, and source string details, which was shut off and tough to recognize previously, will end up being bundled up jointly and distributed by all individuals.

Source or reliability String Details

It is known that all individuals in the source string environment except the end consumer will move through a dealer verification plan implemented by the TEMCO project and follow the correct transport suggestions. By connecting the transfer procedure between individuals to a Smart Contract-based authentication program, source chain info (item area, takeover agent, distribution environment, etc. can become gathered without reduction or tampering when the item is moved from one operator to another. These two processes will help to make sure that the given information contained in the blockchain is sufficiently reliable, and the end consumer can utilize this information.

Transparency and Balance of Source Chain Details

Supply Chain details kept in blockchain-based peer-to-peer (G2G) networks is fully distributed and shared among users and verified through unspecified nodes in the program. Wise Contract based supply string info is usually unmodifiable and recreated in the type of transparent info that can be confirmed by anyone in the decentralized system.

It is planned that given information generated within the TEMCO platform will be kept on a decentralized server. Since a particular key worth in a blockchain can end up being supported up at any right period, there is definitely little likelihood that an existing deal can end up being changed by a malicious third party when a challenge takes place. Based on these features, TEMCO seeks to transparently provide complete info to all suppliers and consumers using the platform.

With many outbreaks of health hazards in food items like the toxic insecticides found in eggs occurring in European countries, South Korea and other countries in 2017, consumers are faced with rising fears in relation to supply chain administration.

Nevertheless, TEMCO ICO is usually imagined as a general public supply chain blockchain program that goals to use Intelligent Contracts to overcome the limitations of existing supply chain administration systems. In the existing system, the info of each distribution battler within the source chain procedure may end up being segregated and trim off from the each additional, but TEMCO goals to make it feasible to connect each individual through a blockchain so that the pre-delivery stages can be appreciated in the actual period.