💥unique TEMCO ico supply chain powered by bitcoin network, RSK🌍
TEMCO, a supply chain Powered by bitcoin network, RSK. The next huge blockchain project backed by Korea Investment Partners and TLDR capital. TEMCO is not only revolutionizing the supply chain management systems for businesses but also offering consumer application that can increase sales for vendors and create transparent ecosystem in a market. An Open production network blockchain framework that means to use Smart Contracts to conquer the constraints of existing store network administration frameworks.
A platform that can connect, informs consumers and ѕuррlіеrѕ on a ѕuррlу chain in a trаnѕраrеnt and secure manner. A ѕuррlу chain management platform disrupt the loopholes thаt рlаguе the current ѕuррlу chainѕуѕtеm alleviate thе lарѕеѕ in іnfоrmаtіоn dissemination аѕ gооdѕ are moved аlоng thе supply сhаіn. Granting rеаl tіmе ѕtаtе information of ѕuррlу chain tо соnѕumеrѕ аnd ѕuррlіеrѕ. Monitors the progress of goods systematically.
TEMCO is developing a production network platform subject to RSK blockchain, combines innovative technologies integration, by the combination of smart contracts, blockchain, and big data. Here’s the thing, when the data is uploaded to blockchain using smart contracts and then migrated to big data, a concept that enables businesses to maximize the use of detailed and valuable information. The inventory stores in blockchain that can’t be overwrite of change by anybody, which is known as the “layer of trust”. Using the TEMCO technology interface confined store network frameworks and offer data organizations. This can be benefited by;
Associations, gives a business learning contraption to get business bits of information.
Customers, TEMCO gives client application to track stock system data persistently and an online market arrange with a cryptographic money portion incorporate. Real Time tracking and record keeping by both parties (Associations and customers).
What’s the special to this project?
TEMCO really empowers society to transfer information on blockchain through their consumer/merchant application. The App procedure is as simple as filtering a QR code appended to the specified item. Information is consequently transferred through IoT, and TEMCO finds the blind sides while coordinating with existing framework APIs to associate the whole mechanism.
Additionally, the Business Intelligence tool is a gadget that makes TEMCO one of a kind as it was indicated on the use cases infographics. While getting the inventory network information onto the blockchain is critical, it isn't a great degree significant without investigation and comprehensive. TEMCO’'s business knowledge instrument investigates store network information, including customer data, progressively give bits of knowledge to organizations, ect. Customers can easily track store network information continuously. Shoppers don't need to pay charge card expense and sellers don't need to pay high posting fees.
What Do I Like About its Concept?
I like that TEMCO is Living in South Korea. We, as a whole know in crypto space that South Korea is one of the biggest supporters of blockchain innovation and cryptocurrency market. This is the main inventory network arrangement leaving South Korea that I am heedful of, which makes me eager to see the potential of this project has in a main state.
As we’ve notice on Vechain (VET) for the past year on store network has the arrangement to utilize blockchain innovation which I am greatly bullish on. I really think coordinating blockchain with the current store network models will be a standout amongst the most progressive parts of this modernization.
As per TEMCO usecase documentation, you can track a bit of organic product from the garden it which was gathered in the distance to the market. Hence, if there was ever an a disorder that entered the bunch of natural product, you as a shopper (and supplier) would have the capacity to pinpoint the correct area where the organic product ended up sharp. This would be progressive for the nourishment business.
Moreover, this is just a single case of an industry where an inventory network arrangement utilizing blockchain innovation would be progressive.
At last, TEMCO will be based over RSK, or in other words brilliant contract stage on Bitcoin's Network. This is VERY imperative for the advancement of a store network arrangement utilizing blockchain in light of the fact that as we have seen, there are some significant destructions to different stages like Ethereum. RSK has some huge potential to do some huge things since Bitcoin has turned out to be the best.
TEMCO acquired RSK technology.
RSK is the first open-source smart contract platform with a 2-way peg to Bitcoin that also rewards the Bitcoin miners via merge-mining, allowing them to actively participate in the Smart Contract revolution. RSK goal is to add value and functionality to the Bitcoin ecosystem by enabling smart-contracts, near instant payments and higher-scalability.
The project has been conceived with the following principles in mind:
We believe in Bitcoin. We support the Bitcoin community and we want to continue the legacy of Bitcoin´s pioneers. RSK does not mint, nor has pre-mined coins, then it has no speculative value and does not compete with Bitcoin.
The security of RSK is our main priority. RSK´s blockchain is secured by merge-mining, which means that we can achieve the same security as Bitcoin in terms of double-spend prevention and settlement finality.
RSK can scale far beyond Bitcoin in its current state. RSK scales to 100 transaction per second (same level as Paypal) without sacrificing decentralization and reducing storage and bandwidth usage using probabilistic verification and fraud proofs, as well as blockchain sharding techniques.
Since the creation of Bitcoin there has been a race for faster transaction confirmations. Instant payments allow new use cases, such as retail store payments, and transactions in online games. RSK carefully chosen parameters and new theoretical protocols (such as DECOR+GHOST) allow creating blocks at 10 seconds average interval, with low stale block rate, and no additional centralization incentives. Above Source of RSK was via: https://www.rsk.co/#about
ICO official website: https://temco.io/
ICO Official English whitepaper: https://docsend.com/view/eiawynp