TEMCO – Reinventing Supply Chain

The food we take in is product of agriculture. However, one cannot say for sure how germ-free food is. The problem with this distribution is fragmented supply chains and some times, adequate checks are not in place to forestall distribution of contaminated food.

For instance, the year 2017 is recorded in the annals of human existence as a year when multiple health hazards became the order of the day after eggs were exposed to toxic insecticides. Though worrisome, much blame should not be heaped on relevant authorities because tools that could have sufficed in the prevention are not available.

Can Temco Change the Status Quo?

Temco is a blockchain-based project that seeks to reinvent current supply chains. Traditional supply chains do not have last-mile checks. This had caused irredeemable problems because consumers cannot ascertain the point of contamination. To this end, the blockchain with its effective delegation of distributed ledgers will suffice in keeping consumers in the know and help them keep track of consumed foods.

How does Temco work?

The project uses the smart contract technology for supply chain management. Its blockchain plays crucial role in uniting participants with the aim of helping them understand underlying concepts in the supply system.

Its public blockchain allows big and small enterprises use supply management systems that will reduce costs. Similarly, information regarding production and movement of goods to the end-user will be mapped; thereby breeding transparency and fair share of value to Temco users and participants in the supply chain industry. Interestingly, the provision of real-time information will greatly cut costs of moving into dexterous research.

Developing Supply Chain System

Temco is not all about tracking goods from production to finish line; it also looks at other areas in supply chain. For instance, businesses that had been on lookout for infrastructures to develop their supply managements system will have that on Temco. The project had created a platform that allows logistic companies and enterprises create enabling environment that allows them manage how they render services to end-users.

By leveraging the smart contract technology, Temco cuts off unnecessary intermediaries and in the stead, fosters partnerships among participants. Retailers can easily sell of their products without using warehousing services that most times fail to account for delivery and inventory management.

Data-based Supply

Temco had added yet another feather to its cap – provision of reliable information. Consumers do not have to go through the hassles of obtaining information from third-parties; rather, all insight they need had been provisioned allowing them to have a hold in the supply process. Key participants such as warehousing services, logistics companies and consumers have been collated under one ecosystem; making value transfer seamless and less costly.

Architecture

Temco works with three core layers. The first, the “core level” real-time enables upload of information from the back-end layer to the ecosystem. This will serve as access point for all information regarding supply chains.

The “service level” allows Temco users gather information stored in the blockchain. Available information can only be accessed through middle-layer API architecture. Finally, data can be viewed in UI using the “application level”.

Temco also has front-end and back-ends. The front-end will oversee integration of the platform in mobile apps and websites. The back-end developed with Spring Framework and JAVA programming language will be in-charge of the Temco blockchain and data analytics engine.

Roadmap

Token Sales Information

Ticker: TEMCO
Platform: Rootstock (RSK)
Token Type: Utility Token
Token Supply: 6 billion TEMCO
Soft Cap: $5 million
Hard Cap: $19 million
Exchange Rate: 1 TEMCO= 0.006333
Accepted Payments: ETH, BTC
Restricted Areas: China, USA

Temco’s Team

Advisors

Conclusion

Temco is giving the supply chain industry a facelift. The hitherto centralized industry will now be operated using the blockchain; an avenue that will bring supply management to its full potential.

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: Collinberg
ETH Address: 0xDdE65B61ebBC4464eD7E313f1811353f99ccd214