I've been amazed how did a startup project like TEMCO did a 2 seconds completion on their opening Pre-sale round 1 stage. This is quite shocking if you're a crypto enthusiasts. Actually this is the fastest presale I ever heard completed. Out of curiosity, I decided to find out what's this ICO project about and how come they been in demand just like that! because of their successful fast presale.
WHAT I FOUND OUT.....
I see, TEMCO project is an ICO startup that will focus on supply chain management. If you don't have any idea about it, let me give you a short briefing about the supply chain management. I'm not so composed on this but I have an idea of this industry. Based from the term itself "supply" it is refer to the goods produced from different sectors. The term chain is about how those goods are bring into market through point of sales. Simple example of this, farmers who grow their crops which shipped to market such as grocery stores, public market, and other consumers. Hope you get my brief explanation. In short, supply chain management refer to process of goods from its start up to global ends.
Now going back to TEMCO, since we discuss already the details about supply chain management, you can start watching this video to know how TEMCO plan to execute an ecosystem that will cater many industry with their chain management platform.
(Video Source: https://www.temco.io)
So did you like it? Based on this quality video made by TEMCO, their plan is to create a public supply chain blockchain system empowered by smart contract and connect all leading industry to different market by using their platform as bridge. TEMCO simply wants to build a network of consumer and gain trust of many industry that needs supply chain management. Their targeting SMEs that lack capacity to build infrastructure and implement an organize supply chain management to theirs customers. Most traditional companies, still employed the usual basic logs and estimation, but if you're a customer? Wouldn't you like a full blown details of your orders? TEMCO serves as bridge that will add innovative technology to improve businesses.
(Image Source: https://www.temco.io)
Here is a great use case model of TEMCO Platform demonstrating the process from their partnered firms Nenia and Bluesis. These two are both leading food producers on Korea and now tied up with TEMCO. If you want to know the full elaboration of TEMCO platform, you might want to read their well versed and concise whitepaper: https://docsend.com/view/eiawynp
WHO IS BEHIND TEMCO?
(Image Source: https://www.temco.io)
The team members of Temco project are all consist of experience Korean in the business sector. They don't have big names from well established crypto projects but their level of competence to engage in this industry is pretty well impressive. The Temco team as you can see, are made up of diverse key persons from blockchain tech, supply chain expert, and marketing field. Their combination will probably produced a project that will bloom over the years. Especially, Korea has been now advancing on different usage of cryptocurrency and keep adopting on different business sector incorporated by blockchain.
TEMCO PARTNERSHIP
(Image Source: https://www.temco.io)
As of this writing, and based on their website, they have now 13 partnership
with well established industry-focused accelerators, and innovative leading food suppliers from a different sector that will be primary clients for their supply chain platform. I think majority of Temco partnership are from Korea and probably will expand over the next few months and years with other well established brand name outside of their region such as Europe and America that surely will boost TEMCO exposures around the globe. My favorite from TEMCO partnership is the RSK project. Why? I'm delighted to know that the first open source smart contract pegged with bitcoin is their partnership. RSK will improve TEMCO, instant payment and scalability. Good to know that TEMCO platform will be running on their blockchain which is suitable for the supply chain management business.
FINAL THOUGHTS....
Ive seen many supply chain management platform such as origin trail, vechain, wabi, waltconchain and many more. But it doesn't mean TEMCO will be left behind around the corner just because they are a start up project. The supply chain management industry is a massive place for improvement and the one with complete offer can lead this industry. Combining improvements in manufacturing with growing trade from globalization. I'm pretty sure this Korean new player can increase the development and growth rate in the suplly chain business 10x compared with the other platforms. Oh by the way, If you missed the Presale round 1 via token bank, great news since due to overwhelming success of their 1st presale. TEMCO will opened another round on November 12, 2018. Full details can be check here: https://medium.com/temcolabs/kyc-registration-frequently-asked-quenstions-7c124c340258
Website:
https://www.temco.io/
Facebook:
https://www.facebook.com/TEMCOLABS/
Twitter
https://twitter.com/temcolabs
Telegram
https://web.telegram.org/#/im?p=@temcolabs
Medium
https://medium.com/temcolabs
Reddit
https://www.reddit.com/r/temcolabs/
Creator of this article:
Bitcointalk Forum URL:
https://bitcointalk.org/index.php?action=profile;u=1269701
Bitcointalk Forum username:
cryptoaddictchie
https://steemit.com/@etherium24
eth address: 0x2981f6554aC5519Fec7ba96a3A799d81C683199C