TEMCO: restructuring the supply chain, by decentrazing the ecosystem

Introduction
The food we eat, however delicious they maybe are sometimes contaminated with certain kind of germs or bacteria. Food usually travel miles from the point of production before it gets to the final consumers, when this food is not well packaged before transporting, contamination can happen in between ( the point of production and consumption). And sometimes this food get contaminated right at the point of production.

This and the many other issues associated with the current traditional supply chain is the reason TEMCO was invented to help change the current structure of the supply chain and give a different meaning to it.

Temco
TEMCO is a Korean based company that seeks to provide create a supply chain on the blockchain, and it is also worthy of note that this is the first supply chain Solution from the whole foods Asia. This project has been rated high by a number of well known ICO rating websites, so it's expected to do pretty well in the long run.

The many problems associated with the current supply chain industry
Times have changed, people no longer consume food randomly without trying to at least know certain vital details about the supplies and other estimates about the cost of their orders. When problem arise in the supply chain, it is often difficult detecting where the problem emanated from, as pre-delivery stages are still not well monitored by supply chain management. Consumers are now demanding some levels of transparency from food chain managements.

A number of public and private enterprises have in recent times delved into creating their own supply chain systems, but they still lack a lot in terms of distinctiveness and level of versatility.

The TEMCO solution
TEMCO is built on the blockchain and utilizes the smart contract to overturn the many challenges currently associated with traditional supply chains. Transparency is a rare thing in the current supply chain setting, but with the aid of the smart contract every transaction carried out on the TEMCO platform will be recorded in real time and readily available for everyone to view. This will bring a tremendous level of trust among dealers, and will help to provide a high level of efficiency among business houses.

If there happen to be an outbreak of any kind of contamination for instance, the exact point of contamination can be easily detected through the aid of TEMCO's technology, this is go a long way in curtailing the outbreak of some diseases associated with the consumption of contaminated food. Consumers will be able to demand supply of only standard products for their consumption.

As expected TEMCO will also help drastically cut down cost of running a supply chain enterprise, as services of middle men will be cut off, or at least minimized.

The entire platform will run on two distinct kind of network, the public and private network.

• the public network: on the public network, all data are readily available for the public to view, this is done in order to Foster transparency.

• the private network: the private network is accessible only to the administrators of the platform, and this helps to conceal certain classified data from the public.

TEMCO token details

• The Temco token is a utility token

• Ticker: TEMCO

• platform: rootstock (RSK)

• Total supply: 6 billion TEMCO tokens.

Conclusion
TEMCO will greatly impact on the supply chain business by providing a higher degree of trust and confidence compared to what's currrently obtainable, all these at a reduced cost. TEMCO built on the blockchain will also provide transparency which was lacking ab initio, making the supply chain a smooth, easy and reliable venture.

Learn More About Temco With The Links Below:
Website: https://temco.io
Whitepaper:https://temco.io/templates/fast_fact_one_page_en.pdf
Medium: https://medium.com/temcolabs
Twitter: https://twitter.com/temcolabs
Telegram: https://t.me/temcolabs

Writer's Info
Bitcointalk Username: Jigawagawa
BTT profile link: https://bitcointalk.org/index.php?action=profile;u=2433128;sa=account
ETH Address: 0x17218be4De40C4c10fEB21f1CE456f7C88E58a5B