[ad_1]<div _ngcontent-c14 = "" innerhtml = "
Supply chain management is currently undergoing transformation. The antiquated systems of the past are proving to be unsuccessful in navigating the complexity and immediacy of the modern supply chain, and new models are emerging that promise to improve these systems.
In particular, blockchain, a prolific technology that was born as a basis for digital currencies, is proving useful in this regard. His decentralized ledger and its smart contracts seem to be particularly interesting for supply chain management.
The blockchain allows companies to cut out intermediaries, increasing the value within the supply chain. Furthermore, in the supply chain of every organization, numerous problems hinder transparency, efficiency and communication, which are vital components of today's supply chain ecosystem.
Scott Yoon, CEO of TEMCOTEMCO
Indeed, the blockchain has significant potential to be the ultimate solution for the future of supply chain management. This is the goal of TEMCO, a blockchain-based supply chain data management platform for small and medium-sized businesses. I met their CEO, Scott Yoon, to discuss the problems facing current supply chains and the possibility of & nbsp; using blockchain technology as a solution.
You're not the first blockchain project that aims to revolutionize the way supply chains work. What makes TEMCO different?
"For beginners, TEMCO is the first blockchain project to receive investment from Korea Investment Partners (KIP), the largest venture capital firm in the country.We have extensive experience in the supply chain sector of South Korea and, since that we aim precisely at this market, our experience is of great importance ".
Yoon states that their technology is a differentiation aspect due to several factors related to its technology that make them unique – or so they say. TEMCO claims to be the first supply chain platform to be powered by the Bitcoin network through RSK, who are also their partners. & nbsp;
You have adopted a new approach and have decided to become the first project to be powered by Bitcoin, through the smart contracts of RSK. What led you to this decision? Why Bitcoin?
"This is a big question, because there are so many exciting platforms on the rise – in the end, the advantages of Bitcoin outweigh the potential of any other network – for example, RSK has a relatively low gas tariff compared to other platforms, and the TPS was reasonably high, which makes it ideal for things like supply chain management where a lot of information is loaded at the same time, and the Bitcoin network is the largest, most dominant, and most secure network. It makes sense for us to be on top of the future ecosystem for blockchain projects. "
TEMCO staff teamTEMCO
As far as I understand, you are aiming at the B2B market and not at the B2C. Can the everyday user enjoy your solution? Will you feel involved?
"In reality, TEMCO offers both B2B and B2C supply chain solutions.For companies, TEMCO has developed business intelligence tools that enable them to develop a dynamic supply chain using blockchain technology. & Nbsp;However, to come to your question, we are very focused on the role of the customer in the supply chain. For example, TEMCO's smart contracts provide real-time information to consumers so that they can be continually updated on where their products are located. At the same time, they can make deliberate purchasing decisions based on the transparency of the supply chain.
What do you expect from small and medium-sized companies to collaborate and work with you?
"In many ways, TEMCO is the supply chain management solution for small and medium businesses because it provides them with a complete blockchain-based infrastructure without the incredible monetary and personnel costs needed to build something from scratch. ".
Yoon states that TEMCO is very customizable. For example, each company can decide which data sets to upload and include on the blockchain. By allowing individual companies to show their discretion on the inclusion of data, they state that they have authorized each company to develop its technology in a manner appropriate to its needs ".
In addition to becoming the first ICO to be powered by the Bitcoin network, you have completely changed the way you interact with investors using a relatively new model called Public Exchange Offer. Could you expand more and why did you choose to follow this path?
"I'm not sure that the Public Exchange Offer is the best way to express this situation, and what's happening is that there are exchanges that offer pre-sale in Korea, and we've already done so in Korea. , it's the first time it is done on a global exchange like CoinBene. The way it works is that there is a new platform that makes token sales much easier, and in Korea they call it "Simple Token Sale" if translated directly. "
We have chosen this way to make the public participating in our token sales more easily. Because users do not have to complete KYC documentation every time they participate in a token sale, users of the exchange do not have to go through all the complicated steps for ICOs.
Yoon says this agreement is more reliable for investors because it requires less trust from investors and consumers by placing more owners on the platforms that host ICOs.
"We believe in our platform and its ability to influence the future of supply chain management, so we want to position ourselves as a serious company in this regard."
It is no secret that many people are skeptical about having a token for each individual platform. Historically it is known that people tend to stay with some currencies or transaction modes, rather than spread their value in many stores of value. How will TEMCO be different? What does the token justify?
"This is a big point: we do not want to be just another token in a crowded ecosystem, but we believe that the token offers sufficient benefits to users that are worth creating and implementing." TEMCO token ensures trust between sellers and consumers. are rewarded with points based on product reviews and can convert those points into tokens to pay the commission for the execution of the smart contract and / or the fees of the BI tools service.With regard to consumers, as suppliers and sellers try to provide better service, they can achieve transparency, and in return, consumers provide demographic information. "
As the recent setbacks in the supply chain remind us, the modern global supply chain desperately needs an update. For companies, these changes must include the scale and nuances needed to take into account the many mobile parts associated with today's ecosystem. At the same time, the supply chain must be as transparent and accessible as possible, benefiting both companies and consumers. The blockchain is ready to provide the technological backbone for these changes, acting as an impetus for a series of profound changes in supply chain management.
">
Supply chain management is currently undergoing transformation. The antiquated systems of the past are proving to be unsuccessful in navigating the complexity and immediacy of the modern supply chain, and new models are emerging that promise to improve these systems.
In particular, blockchain, a prolific technology that was born as a basis for digital currencies, is proving useful in this regard. His decentralized ledger and its smart contracts seem to be particularly interesting for supply chain management.
The blockchain allows companies to cut out intermediaries, increasing the value within the supply chain. Furthermore, in the supply chain of every organization, numerous problems hinder transparency, efficiency and communication, which are vital components of today's supply chain ecosystem.
Scott Yoon, CEO of TEMCOTEMCO
Indeed, the blockchain has significant potential to be the ultimate solution for the future of supply chain management. This is the goal of TEMCO, a blockchain-based supply chain data management platform for small and medium-sized businesses. I met their CEO, Scott Yoon, to discuss the problems facing current supply chains and the possibility of using blockchain technology as a solution.
You're not the first blockchain project that aims to revolutionize the way supply chains work. What makes TEMCO different?
"For beginners, TEMCO is the first blockchain project to receive investment from Korea Investment Partners (KIP), the largest venture capital firm in the country.We have extensive experience in the supply chain sector of South Korea and, as we focus exactly in this market, our experience is of great importance ".
Yoon states that their technology is a differentiation aspect due to several factors related to its technology that make them unique – or so they say. TEMCO claims to be the first supply chain platform to be powered by the Bitcoin network through RSK, who are also their partners.
You have adopted a new approach and have decided to become the first project to be powered by Bitcoin, through the smart contracts of RSK. What led you to this decision? Why Bitcoin?
"This is a big question, because there are so many exciting platforms on the rise, in the end, the advantages of Bitcoin outweigh the potential of any other network. For example, RSK has a relatively low gas tariff compared to other platforms, and the TPS was reasonably high, which makes it ideal for things like supply chain management where a lot of information is being loaded at the same time, and the Bitcoin network is the largest, most dominant, and most secure network. build on the future ecosystem for blockchain projects ".
As far as I understand, you are aiming at the B2B market and not at the B2C. Can the everyday user enjoy your solution? Will you feel involved?
"In reality, TEMCO offers both B2B and B2C supply chain solutions.For companies, TEMCO has developed business intelligence tools that enable them to develop a dynamic supply chain using blockchain technology. However, to come to your question, we are very focused on the role of the customer in the supply chain. For example, TEMCO's smart contracts provide real-time information to consumers so that they can be continually updated on where their products are located. At the same time, they can make deliberate purchasing decisions based on the transparency of the supply chain.
What do you expect from small and medium-sized companies to collaborate and work with you?
"In many ways, TEMCO is the supply chain management solution for small and medium businesses because it provides them with a complete blockchain-based infrastructure without the incredible monetary and personnel costs needed to build something from scratch" .
Yoon states that TEMCO is very customizable. For example, each company can decide which data sets to upload and include on the blockchain. By allowing individual companies to show their discretion on the inclusion of data, they state that they have authorized each company to develop its technology in a manner appropriate to its needs ".
In addition to becoming the first ICO to be powered by the Bitcoin network, you have completely changed the way you interact with investors using a relatively new model called Public Exchange Offer. Could you expand more and why did you choose to follow this path?
"I'm not sure that the Public Exchange Offer is the best way to express this situation, and what's happening is that there are exchanges that offer pre-sale in Korea, and we've already done so in Korea. , it's the first time it is done on a global exchange like CoinBene. The way it works is that there is a new platform that makes token sales much easier, and in Korea they call it "Simple Token Sale" if translated directly. "
We have chosen this way to make the public participating in our token sales more easily. Because users do not have to complete KYC documentation every time they participate in a token sale, users of the exchange do not have to go through all the complicated steps for ICOs.
Yoon says this agreement is more reliable for investors because it requires less trust from investors and consumers by placing more owners on the platforms that host ICOs.
"We believe in our platform and its ability to affect the future of supply chain management, so we want to position ourselves as a serious company in this respect".
It is no secret that many people are skeptical about having a token for each individual platform. Historically it is known that people tend to stay with some currencies or transaction modes, rather than spread their value in many stores of value. How will TEMCO be different? What does the token justify?
"This is a big point: we do not want to be just another token in a crowded ecosystem, but we believe that the token offers sufficient benefits to users that are worth creating and implementing." TEMCO token ensures trust between sellers and consumers. are rewarded with points based on product reviews and can convert those points into tokens to pay the commission for the execution of the smart contract and / or the fees of the BI tools service.With regard to consumers, as suppliers and sellers try to provide better service, they can achieve transparency, and in return, consumers provide demographic information. "
As the recent setbacks in the supply chain remind us, the modern global supply chain desperately needs an update. For companies, these changes must include the scale and nuances needed to take into account the many mobile parts associated with today's ecosystem. At the same time, the supply chain must be as transparent and accessible as possible, benefiting both companies and consumers. The blockchain is ready to provide the technological backbone for these changes, acting as an impetus for a series of profound changes in supply chain management.
