TEMCO — a blockchain-based supply chain and e-commerce data management platform. The project cooperates only with verified companies, using a supplier verification system (VVS).
Contents:
- Description of TEMCO app dapp
- What else should you know about blockchain?
- More information about the Klaytn project
Description of TEMCO app dapp
With the development of the IT sector, there is a need for a higher level of product quality, consumers want to purchase products that have gone through a reliable supply chain process. What's more, companies also want to increase confidence in their products and improve service levels. In response to changing consumer needs, large corporations began to use big data to optimize costs, improve processes and develop new lines of business. The TEMCO project is envisioned as a supply chain system, aimed at overcoming the limitations of existing supply chains, using smart contract technologies.
Project advantages:
| Using the blockchain | Track, share and access real-time data anywhere, anytime by using a highly connected blockchain. |
| Transparent | The collected data, using a smart contract on the blockchain, is immutable and transparent. |
| Related data | Smart tags track the entire supply chain process from the point of origin to the end consumers. The project helps companies to operate efficiently while reducing costs. |
Tokens and reward points go to users when they participate in the community. To motivate users, developers give more TEMCO tokens and reward points monthly to top reviewers, top rated companies and community-voted reviewers. They can spend tokens in the TEMCO market. Consumers, who have purchased a product, can leave reviews. By using blockchain for verification, TEMCO eliminates the risk of fake reviews.
What else should you know about blockchain?
TEMCO will allow consumers to choose products that have passed reliable supply chain management standards. Enterprises will increase efficiency by optimizing the process and structure of the supply chain, using this platform.
The cost of implementing such an infrastructure will be quite low. In the past, it would have required several million dollars to develop its own supply chain. However, the TEMCO platform will provide each participant with a single platform, with an integrated data system offering analytics without the need for large initial investments or additional fees, as the only cost - to execute smart contracts within the ecosystem.
More information about the Klaytn project
To get acquainted with the project, the developers provide a White Paper, as well as a blog on the Medium platform. You can not only study the features of the platform, but also follow the news and updates there.
The community actively maintains social networks and is always ready to answer questions of interest on such sites:
The smart contract audit is on the GitHub website.