Verified ICO Review: (TEMCO) Token Sale & Blockchain Platform

TEMCO LABS | MISSION

Small and medium-sized enterprises (SMEs) do not have sufficient infrastructure or financial flexibility to offer supply chain management data to their customers. On the other hand, customers want more information about their orders more than ever. In the existing system, they only have access to basic shipping logs and estimations.

Using blockchain and smart contracts, the Transportation Enterprise Merchandise Customer Organization (TEMCO) Project will revolutionize supply chain management through innovative technology.

Our project will provide greater transparency and reliability across the entire supply chain process to deliver trustworthy information that empowers businesses and consumers.

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  • Increases consumer trust from transparency & reliability across entire supply chain process
  • Improves efficiency for businesses through streamlining supply chain
  • Reduces cost for SMEs introducing management infrastructure & data analytics

Temco (TEMCO) is a supply chain management solution on RSK’s Bitcoin-based blockchain that allows businesses and consumers to segregate portions of the supply chain and access accurate data in real time, resulting in greater trust and transparency, as well as improved efficiency.

Holds everyone in the supply chain process accountable

The current supply chain infrastructure is broken, which regularly results in serious hazards for consumers, for instance, the possibility of illness and death as a result of improperly stored or handled food or medicinal products. There is a lot of pressure on supply chain managers to address concerns around these issues, but the system fails because there’s no suitable method in place for monitoring pre-delivery stages, and SMEs frequently don’t have the resources to implement them.

Temco proposes a three-part business model:

  1. Develop blockchain-based supply chain network
  2. Develop big data analytics tool and launch Temco market
  3. Provide big data analytics service and data

Need for consumer trust & SME infrastructure dictates Temco’s market potential

Every time there is an outbreak of foodborne illness, consumer trust in companies wanes, which can have damaging longterm repercussions. Temco’s team points to the 2017 pesticide-contaminated egg crisis as a recent example. The government...

 


Cancer Medicine Distribution Powered by the Blockchain

Healthcare looks to blockchain infrastructure to optimize the cancer medication supply chain.

Supply chains of the modern health systems are pretty complicated and inefficient. This is especially evident in the department of medicine supply where a lot of patients are not suited to their needs accordingly. On the other hand, some patients have the medications that they do not use. This is such a misfortune as there are many people that would make a good use of that medicine. Simply, current medicine supply chain cannot cope with these issues and ideas about changing it have been proposed. One of those ideas deals with the implementation of blockchain technology in the supply chain.

New Blockchain Infrastructure

The city of Memphis could be the host of a new blockchain infrastructure that should help cancer patients to easier get their medicine. This project is born out of the cooperation between FedEx Institute of Technology and Good Shepherd Pharmacy, Commercial Appeal reports.

Secure way of the blockchain information distribution will play a major role in the new supply chain. That characteristic of blockchain will enable that unused medication is retrieved and made available to the disadvantaged or people that do not have economic capacities to fund the needed medications. Good Shepherd...