The TEMCO project is an innovative block-chain platform in which all the processes in which logistics are distributed and information are shared by everyone involved in the logistics process, including companies and consumers. The TEMCO platform allows companies to receive all the data recorded during the logistics process and utilize them to enhance corporate value. Customers can purchase products with confidence by checking logistics information.
[DESIGN] GUHADA Design For ...
Hello, everyone.Today, we would like to explain about the design update.Check out the update about the platform that TEMCO is preparing by working hard everyday, GUHADA.So when GUHADA launches, there will be many of GUHADA team members who will be running around everywhere.The sales team will be going places to meet with vendors, the marketing team will be advertising GUHADA, also, there will be other team members conducting the business meeting as well.So, at this point, what would the team need?It is, of course, the business cards.While being very busy working on design tasks for GUHADA, our design team has designed great business cards.Using GUHADA’s color purple, and the attractive motif with Lacquerware background.Currently, there are so many members in the GUHADA team as you can see above, and more are planned to join the team.Not only the business cards but also, GUHADA’s design team is designing necessary business materials, such as forms, envelopes and more.Thank you for your reading and please stay tuned for more updates on blockchain based e-commerce open market platform, which is planned to be released in September of this year!Thank you for supporting TEMCO.TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.TEMCO Chatroom: https://t.me/temcolabsTEMCO Official Website: https://temco.ioTEMCO Official Website: https://temco.io[DESIGN] GUHADA Design For Business was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 05. 21
[BLOG] TEMCO’s IT service
Satisfying needs of diverse companies with TEMCO’s IT serviceWhat is an IT service?In this Era of the IT revolution, it is difficult for companies to make decisions on which hardware or which software will be suitable for their business needs. To satisfy the needs of such companies, the SI business has been introduced to make decisions easier. The “SI”, is a short term for “System Integration”, and such integration can support companies to efficiently manage their businesses. The SI system supports companies in planning, development, setup, providing all the services for the efficient operation of a company.SI Business market size and visionThe SI business market size is predicted to increase for the next 5 years. The market size of Si business increased from 8.4 Trillion in 2017 to 9.4 Trillion dollars in 2022. A software research group in Korea have predicted that in 2019, the sectors that will lead the SI business industry will be blockchain, big data, AI, IoT, cloud, and realistic SW.The vision of the “Blockchain” businessThe blockchain space is expected to grow significantly over the next few years. IDC has predicted that the world’s blockchain market size may grow 15 billion dollars to 76% each year and it may reach 124 billion dollars in the year 2022. Blockchain is present in diverse sectors, receiving funds especially from the finance and supply chain sectors.The future of “Big Data”The big data market as well recently showing visionary growth. Based on the research by Korean Internet Whitepaper in 2018, the domestic big data market has grown 500 million since last year, a 32% growth. It is expected that the market size will continue to grow.Expectations from the “Cloud” industryThe cloud service is facilitating the 4th industrial revolution as well currently; The globally renowned research institution, Gartner predicted that from 2017 to 2021, the world’s cloud service industry will increase 17% each year. As the cloud service industry continues to grow, Naver, KT, SK C&C, and the major companies in Korea are targeting the cloud industry as well.TEMCO’s IT serviceTEMCO provides diverse IT services based on business needs. TEMCO’s IT service provides SI and API service support as follows.TEMCO’s SI businessIntegrated management system businessTEMCO provides integrated management system by combining blockchain technology with a supply chain management system. This system is currently under development, a representative case would be TEMCO’s initial prototype testing with Nenia, the eco-friendly food product company; furthermore, a partnership with art-work crowdfunding platform “Art Together” and meat and livestock provider, “6gram” for further development of the system.2. System development and service providing businessTEMCO provides system development service through various solutions. TEMCO differentiates itself from other IT solution providers by not only providing specified services but also services that are suitable for each companies’ individual needs. First, TEMCO addresses the issues that each company has and then suggests the suitable service that would fit the need. The solutions that TEMCO provides are Big Data, API, Smar Contract, and Cryptocurrency payments.3. The consulting businessTEMCO provides consulting service about the entire process for integrated management service. TEMCO runs diagnostic on IT system management and related processes then improve them. Based on such, TEMCO collects necessary data based business strategy and provides integrated consulting services stemmed on it.TEMCO’s API serviceAPI, an “Application Programming Interface”, has 2 types: Closed API and Open API. Unlike the closed API, the third party can have access to a program.The open API is being utilized in various industries. Currently, numerous companies do not have the knowledge about utilizing blockchain based services or lacks specific information. However, even if a company does not have much access or information about blockchain based services, they can adopt the blockchain based API to their system for blockchain based integrated system development conveniently. Especially, the fact that a company can adopt an open API system on necessary sections, it is very appealing to the companies that need innovation in general.API for blockchain uploadThrough TEMCO’s open API system, companies can easily upload necessary data onto the blockchain. Uploading the only data that each company selects onto the blockchain.2. Inquiring records on the blockchain through APIUsing TEMCO’s API, the records on the blockchain can be easily viewed. As mentioned above, through TEMCO’s open API, each company can upload selected data to the blockchain, and at this point, the necessary data can be easily inquired.3. Blockchain integrated applicationTEMCO’s provides not only the open API but also blockchain integrated application service. TEMCO’s clients can use the self-developed integrated application by TEMCO to inquire and upload data on the blockchain.As mentioned, through TEMCO’s diverse IT services, TEMCO will satisfy the needs of the clients. A great innovation through TEMCO’s flexible and suitable API service is expected for domestic and global enterprises.TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.TEMCO Chatroom: https://t.me/temcolabsTEMCO Official Website: https://temco.io[BLOG] TEMCO’s IT service was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 05. 20
[TECH] GUHADA’s User Regist...
Hello, everyone!Another update of GUHADA tech development is here!As you enter GUHADA, the first thing you may want to do is register as a member for the website, similar to what you do for most other common websites. So this time we would like to explain the development process of the membership registration. As you can see below, the member registration, login, ID Search, and non-member order inquiry.Currently, it is 70 to 80 percent complete for the user functions.The entire user setting is shown below.Login through SNSGUHADA’s simple payment registration supports Facebook, Google, Naver, and Kakao.As below, there is a controller for each of the SNS.The next one is the design for GUHADA’s simple SNS login feature.GUHADA’s Simple Login SNS designMember sign-up / LoginFor the verification of the login, the existing members proceed with the automatic login process and the new or non-members go through the validation process that signals the controller, as you can see below:Validation ControllerAt this point, it will not be possible to register with a repeated phone number or email. Below image shows controller for such cases.ID Search / Password SearchThe coding below shows the API functions for ID Search and Find PasswordVerification ControllerWhen the “ID Search” is performed the verification process has to be completed. The verification can be processed through the mobile phone number, self-verification, and email verification functions.Cancel MembershipThe coding below shows GUHADA membership cancellation function.Thank you for reading and please stay tuned for the next GUHADA development update.Thank you.TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.io[TECH] GUHADA’s User Registration/Login was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 05. 20
[ANN] TEMCO x BITBERRY
TEMCO is now listed on BITBERRY Wallet!Greetings from TEMCO. TEMCO is newly listed on “BITBERRY Wallet”, which is developed and operated by RootOne, a subsidiary of Dunamu that supports Upbit exchange. Through the listing, TEMCO token holders can conveniently transfer back and forth of TEMCO tokens using mobile phone number. BITBERRY is a wallet service that users can transfer crypto currencies using phone numbers without private keys, after an easy registration through a Google account. BITBERRY has top notch level of security, utilizing similar security system as Upbit. Currently, the BITBERRY wallet supports Bitcoin and more than 100 different types of ERC-20 based tokens.Besides the consumer wallet service, BITBERRY also provides cryptocurrency payment API service to enterprises, airdrop platforms and more. Great outcome is expected from BITBERRY’s co-operation with TEMCO for development of blockchain based ecommerce open market platform, GUHADA as well.Image from BITBERRY AppBITBERRY, is a mobile App that provides following features:1) Convenient registration through Google and KakaoTalk account, and no need to store “private key”, eliminating the concerns for private key loss.2) Secure transfer of cryptocurrencies through mobile phone number that prevents transfer to the wrong recipient. Additionally, a security system that includes fingerprint, face ID, (security audit from global top white hacker “Theori”) and more functions that keeps users safe from hacking.3) BITBERRY can synchronize with Upbit, enabling a convenient view of assets and transfers between the platforms.4) The transaction fee on BITBERRY can be paid not only with ETH, but also other tokens that you own.You can download BITBERRY Application through the links below: iOS: https://itunes.apple.com/app/bitberry-safe-wallet/id1411817291Android: https://play.google.com/store/apps/details?id=com.rootone.walletAbout TEMCOTEMCO is a company developing a blockchain based supply chain data management and an ecommerce open market platform for luxury goods; working to provide blockchain based API services to companies for efficient supply chain data management and ecommerce platform businesses. Additionally, TEMCO is developing a BI tool (Business Intelligence tool), planning on becoming a total IT solution company.Community based open market platform for luxury goods, GUHADATEMCO is currently developing an online open market platform, GUHADA, which is planned to be released in the 2nd half of 2019. GUHADA is a differentiated open market platform that is community-based, ensuring consumers to receive authentic luxury goods with Vendor Verification System (VVS) and recording of all transaction data through the use of blockchain and smart contract technology, providing everyone with transparent information.Thank you for supporting TEMCO.TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.TEMCO Chatroom: https://t.me/temcolabsTEMCO Official Website: https://temco.io[ANN] TEMCO x BITBERRY was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 05. 15
[BLOG] TEMCO and AI Technology
AI generation?The AI technology is becoming more and more popular as the world recognizes its importance on revolutionizing the existing technology for the better. AI is also known as Artificial intelligence, a computer acting as a human brain.Recognition of AI technology around the worldOne representative case of AI technology would be the AI speakers. As the world recognizes the AI technology, the AI speaker market has been expanding around the world. The AI speaker technology is becoming the early adapter for the technological society.As the AI technology is becoming more and more vitalized, various companies are recognizing its value as well. In Korea, the widely known messaging application company, Kakao Talk has stated that their AI lab will be an independent business within Kakao Talk company; SK C&C (one of the major companies in Korea) presented “AIS”, an AI chat-bot solution. Other than such, companies around the world are interested in AI technology, as well as Microsoft, introducing a new cloud service that is based on AI technology.While the world is working on developing products through the AI technology, the development of AI technology in China is well recognizable. China has used the AI technology and found a child who has been missing for 10 years and they have captured the criminal who has not been caught in 20 years; in addition, the AI technology has been used to differentiate various flavors, also diverse tests have been done through such innovative technology. The importance of AI technology is becoming more and more recognized.The opening of AI based restaurant space, “Regular Six”TEMCO’s partner, 6gram plans to open a space for restaurants, “Regular Six” in the next month.In Regular Six’s space, 6gram’s aging room (fresh meat/livestock butchery), Wolhyang (Fusion Restaurant for Traditional Korean Food), Lounge X (Robot Cafe) and more will enter to occupy its space. Regular Six will provide futuristic experience to its customers, such as serving by AI Robots, AI based meat aging management, cryptocurrency payments, blockchain based record management and more.TEMCO is planning on providing the blockchain based fresh meat/livestock record management solution for 6gram’s aging room in Restaurant Six. Consumers will be able to find out the distribution process of the meat/livestock and the level of the meat, transparently.GUHADA, AI applied shopping mallTEMCO plans to apply the AI technology on GUHADA platform which is scheduled to be release on September of 2019. TEMCO will apply the AI technology to analyze the pattern of the platform users about the payment, shopping, and search to provide customized products, suggesting them based on the level of preference. Accordingly, GUHADA users will be able to experience the shopping mall that is customized to the personal level, without the hassle of surfing through the web, able to find the wanted product right away.As the AI generation opens its doors, AI technology is becoming a requirement for all companies instead of a choice. One of the reasons that GUHADA is gaining traction is because of such features. Great innovation in the eCommerce and online shopping mall industry is expected by GUHADA in the near future.TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.TEMCO Chatroom: https://t.me/temcolabsTEMCO Official Website: https://temco.io[BLOG] TEMCO and AI Technology was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 05. 13
[BLOG] TEMCO’s BI-tool and ...
TEMCO’s BI-tool, Increasing revenue through the efficient data analysisThe importance of the data analysis toolAs the world is experiencing the 4th Industrial Revolution, the data analysis and management are becoming very important. Better strategical business decisions can be made by analysis of the previous data before making any decisions. Such data analysis, regardless of the diversity of the sectors, it is being utilize various places.The importance of data analysis continues to the increase in the business analytics market. According to a market research, estimated that in 2015, the business analytics market size to be about 44.5 billion dollars and maintaining the 6.9% growth rate with expectations that the market will grow to the size around 77.1 billion dollars in size by 2022.The domestic business analytics market in Korea as well, competing with the global market, is growing quickly as well. According to Korean IDC’s report, the domestic business analytics market size had been at 4 billion dollars in 2015 and in 2020, it is predicted to be at 5.2 billion dollars in size.The benefits of the data analysisThe biggest benefit of a data analysis tool is that you can extract the quality business strategies. Globally renowned companies as Facebook, Twitter, Google, defines the business values and applying them to the strategical direction of the company through data analysis. For example, The globally renowned fashion company, Zara utilizes big data analysis for developing marketing strategies and Amazon developed a system that analyzes consumer purchase pattern for preparing expedite shipments.The data analysis applied in many industries. The data analysis systems are revolutionizing the various sectors, in medical, finances, and child protecting services. For example, through a data analysis system, there had been a case where a chemicals that may lead to cause cancer. Also, in New Hanover County, US, the drug and child abuse correlated cases had been increasing so the officials used data analysis systems to resolve crimes and decrease incidents.As such, data analysis tool is bringing changes to diverse sectors, various companies around the world are working on utilizing data analysis tools and the big data. As data analysis tool and big data systems are becoming popular around the world, the big data professionals as a career came into existence, and related careers are becoming very popular. The impact of big data will become more significant in the future.TEMCO’s BI-tool, as a hope for the SMEsTo analyze largely accumulated data, corporations and large companies have team of professionals dedicated to analysis of such data. However, the SMEs cannot afford such departments are teams. For SMEs to analyze such data, it consumes large amount of time and cost if they want to analyze the data themselves. Accordingly, there are much need of analysis tool that can efficiently analyze such data that is cost and time efficient.TEMCO will provide a solution for such companies who cannot efficiently analyze the large accumulated data. TEMCO’s Bi-tool (Business Intelligence tool) can provide a strategical decisions for the companies who need the organization, analysis of the data on the blockchain. In addition, TEMCO utilizes the blockchain to connect the supply chain network, collecting requests, deployment, inventory and more related data for visualization.4 Major aspects of TEMCO’s BI-toolTEMCO’s BI-tool can collect and process large amount of accumulated asymmetrical data from the internal and external systems, also, supports visualization of data, dashboard report tool to provide direct solution for the businesses. The uses of TEMCO’s BI-tool can be organized into 4 parts based on the need and uses of the client.First, the BI-tool can be used for reporting. TEMCO’s BI tool can collect and process large amount of data and create data visualization, dashboard viewing, charts, and more similar direct reporting can be created based on the symmetrical data. Second, the BI-tool can be used for data analysis. It means that the BI-tool can be used as a tool for processing of entire data to analysis of the data.Third, the BI-tool can use used for analyzing Big Data. Forth, the tool can be used for developing the infrastructure. So the BI-tool can be used in various ways. The blockchain based supply chain data management system and Business solution package.TEMCO, one stop “business solution”TEMCO plans to provide services such as sales consulting and setting, education for the manager of the program, upgrade and A/S visits, as well as general maintenance service. TEMCO plans on becoming a company that places the consumers first and provide the best service. TEMCO solution will be the “One Stop Business Solution” for all business needs.As the world is becoming more and more interested on big data, the big data analysis may not be the choice, but must need business solution for all sizes of enterprises. Accordingly, the business analytics market as well are growing every year. Even if the resources are limited within the company, through TEMCO’s BI-tool, the large data can be utilizes very easily with TEMCO solution and support making strategical business decisions for increasing revenue.Currently, TEMCO is developing blockchain based eCommerce open market platform for luxury goods, GUHADA. As explained in previous blog posts, TEMCO will beta test TEMCO’s BI-tool on GUHADA platform. Additionally, TEMCO will provide inventory and demand information with the BI-tool including real-time verification of data feature. By beta testing the BI-tool on GUHADA platform, TEMCO will lead the go further on completion of the BI-tool.TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.TEMCO Chatroom: https://t.me/temcolabsTEMCO Official Website: https://temco.io[BLOG] TEMCO’s BI-tool and the Business was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 05. 10
[TECH] GUHADA’s Brand Identity
[DESIGN] GUHADA’s Brand IdentityHello, TEMCO community,Today is another session for us to inform you about the update of GUHADA design process.Currently, the team is working on the technical development of GUHADA and for the design side, the UX/UI design. But first, let us tell you about GUHADA’s BI (Brand Identity).GUHADA’s BI BrandingPreviously, we have mentioned about GUHADA’s branding keywords, Harmonious, Essential, and Refined.By utilizing the keywords, we have extracted the essence of the design and set various direction on BI design concept.You can find out the details about the BI-Branding through the link below:TEMCO Luxury Market Platform: GUHADA’s BI BrandingAnd, when you think of GUHADA, the color that comes up in your mind is… purple.We also have made an article about why we have chosen purple for the color of GUHADA.GUHADA’s BI-colorSo, from all this, are you curious about the branding identity (BI-Branding)of GUHADA? how about the concept?Normally when you purchase item(s) at off-line shops, you receive the items in a shopping bag(s). Based on that we have used the shopping back handle as the design motif. Also, with the design essence from the Tangram. With the combination of the two, we have created the BI-Concept.BI-ConceptGUHADA BI VariationThe below shows the reborn BI Branding:GUHADA’s symbol below can be seen often through the platform upon release:Thank you for reading and checking out GUHADA’s BI-Branding.Please stay tuned for GUHADA, an ecommerce open maket platform for luxury goods.TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.TEMCO Chatroom: https://t.me/temcolabsTEMCO Official Website: https://temco.io[TECH] GUHADA’s Brand Identity was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 05. 07
[BLOG] GUHADA and Luxury Ma...
Growth of the second-hand luxury marketsAmong the millennials, second-hand luxury goods are increasingly becoming popular. As the second-hand luxury goods are becoming popular, the consumers are becoming active in smart spending by spending less on quality luxury goods. The second-hand luxury goods are not only popular in Korea, but also becoming popular around the world as well. The world’s second-hand luxury market is increasing 7 to 10 percent per year and is expected to overcome the sales of the first-hand market very soon.The reasons for the second-hand market becoming more popular.In the second -hand market, you are able to purchase the products that you may not be able to purchase in an official retail store. Such luxury goods as Gucci, Parada, and more can be purchased at an affordable price in second-hand markets than at an official store. In the second-hand market online, since you can see many various items all at once, you can find out what is trending very easily.In the second-hand market, rather than solely selling previously owned luxury goods, there are sellers who are focused on directly selling brand news items as well. Through the second-hand market, the consumers can purchase new items at a lower price than the off-line stores, and because of such fact, at times consumers are more interested in purchasing luxury goods on the second-hand market, than an official store; also that fact that consumers can purchase the authentic second-hand luxury goods more safely at the approved and popular second-hand stores online than unreliable off-line second-hand sellers who claim his or her luxury goods are authentic.The problems that most second-hand luxury markets are facing.Even though the second-hand market is vastly growing, consumers cannot avoid the feelings of uncertainty. A reason for such uncertainty is because there are no specific guidelines for determining the authenticity of the second-hand luxury goods.Some open markets provide such policy that if the luxury goods happen to be counterfeit, the vendor/seller of the specific luxury goods will compensate for the twice the price of the luxury goods. So many consumers believe in such policy and confident about purchasing the goods at those sites, however, such policy depends on the vendor/seller’s moral ethics, so if the vendor/seller refuses to communicate or avoids contact, the purchaser of the counterfeit items may not be compensated for the purchase. Also, in such cases, the second-hand open market that connected the vendor/seller with the consumer does not take responsibility for compensation either.In addition, some second-hand open markets emphasize the fact that they have a professional for identifying the authenticity of luxury goods, but in such cases, only the part number of the goods are available for authenticity verification, so there is a limit to covering all goods. Based on such problems that open markets/second-hand markets are facing, could there be an open market platform that can prevent or fix such problems?The difference between GUHADA and other open market platforms.1. Detailed authenticity verification process to prevent a consumer from purchasing counterfeits.The GUHADA platform, which is planned to be released in the second half of this year can solve such problems of consumers loss from purchasing counterfeit goods. GUHADA is working strenuously on developing a detailed authenticity verification process so that consumers can avoid purchasing counterfeit goods.The verification process that GUHADA is working on will provide is composed of various systems, such as blockchain based data mutation prevention, blockchain based ownership approval, luxury goods seller confirmation, smart contract based authenticity guarantee, and luxury goods knowledge community with a blacklist (of the counterfeit sellers). Unlike GUHADA’s competitors who may offer insurance program for purchases of counterfeit goods or compensation for unknown damage, GUHADA is working on a detailed verification process to minimize the consumer inconvenience.2. BI-tool for the Vendors/SellersGUHADA plans to become a reliable platform that consumers can trust. TEMCO is working on applying the Business Intelligence tool (BI-tool) for the first time on GUHADA platform.The vendors/sellers can determine the inventory and data on demand in real-time and are also able to easily view the data all at once. Through such data. the vendors/sellers can extract detailed data such as revenue base on diverse level of consumers (age, demographics, location, etc.), refund history, purchasing times and period, etc. and come up with strategic business plans.3. Formation of active luxury goods communityThe consumers on GUHADA platform will not only be able to conduct transactions of luxury goods but also share their fashion trend online. The vendors/sellers can answer questions about the authenticity of luxury goods. GUHADA platform contributes rewards such activities, promoting the active participation of the users. Through such participation, an active community in GUHADA platform is expected.In addition, to find out the active trends in luxury fashion, it can be found through GUHADA platform. The GUHADA community is expected to become a popular platform that shares various luxury goods related information. As a result, on GUHADA platform, consumers can enjoy shopping as well as share interesting knowledge about luxury goods (malling).GUHADA, adding innovation to the luxury market.GUHADA will add innovation to not only the second-hand market but also the luxury market as well. The consumers on GUHADA platform can purchase luxury goods without wondering whether the goods are counterfeit or not, and the vendors/sellers can use BI-tool to conveniently extract the needed data for making strategical business decisions, allowing GUHADA to become a platform for everyone. Furthermore, even for a person who is not interested in luxury goods at first, may become interested in the goods, through the active community in GUHADA platform.GUHADA will become a platform that brings positive changes in the luxury market by providing various functions that are not seen in the most open market platforms for luxury goods. A positive change in the luxury markets is expected in the second half of this year by GUHADA, an e-commerce open market platform for luxury goods.TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.TEMCO Chatroom: https://t.me/temcolabsTEMCO Official Website: https://temco.io[BLOG] GUHADA and Luxury Market was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 05. 06
[BLOG] GUHADA and Second-ha...
GUHADA, an online shopping mall that will change the second-hand marketThe continuous growth of the second-hand market.As the economy is struggling to get back on its track, the second-hand market continues to increase in volume. Based on the statistical analysis, because of the downsizing of the economy, consumers are moving toward purchasing second-hand products, causing the trend to go from “owning” to “sharing”. The size of the second-hand market is increasing due to the current status of the economy. The Korean second-hand market has increased from 3.4 billion in 2008, and now it is about 5 times of its size from 2008. The renowned second-hand market platform in Korea called “Joong Go Nara” (https://cafe.naver.com/joonggonara) has 17 million members and the mobile app users have increased from 4 million to 5 million in over the course of 2 years.The consistent problems of the second-hand market.Even though the second-hand market is fast growing, there are still problems that have not been solved. Most notably, the scams. When the second-hand market platforms are searched, “scam” and “scamming” and more related keywords appear. You can also find out about the cases of second-hand product purchasing scams and others, very easily.The second-hand market scams are continuously becoming worse. Recently, there had been increasing in cases where scammers receiving imprisonment sentences for their unlawful activities. One scammer had consumers believing that the products will be delivered to them and this person had scammed for 20,000 in USD, receiving 1-year imprisonment sentence. Also, there had been another case where a 30-year-old man had received 5 months imprisonment sentence, and after he had been released, he committed another scamming activity to 124 people on social networking sites. As the scams in the second-hand market have been increasing, even a movie based on online scams has been made in Korea.With such scamming cases happening, one must consider the risks of being scammed while shopping online. For example, when you are shopping online for second-hand products, you are not sure of the actual quality. It is difficult to determine how and where the product was used, how many times it has been worn/used, or the first purchase date, transparently. Especially, if the product that a consumer is purchasing is at a high price or of the luxury brand, the consumer may want to find out more information about the product and whether they are reliable; however, most of the vendors/sellers do not share such information transparently and are more so lie to the consumers, in order to make more profit.The innovation that GUHADA will bring.Realistically, the problems that second-hand market face nowadays has much to do with the transparency of the information. The vendors/sellers have much more information than what is shared publically. However, they do not share more information than what is on public, transparently. This is one of the reasons for transparency problems in the second-hand market. On the other hand, TEMCO plans to release the GUHADA platform in September of 2019 to solve such problems.Solving the intransparent problem in the second-hand market through NFC chip technology.To solve the intransparent problems in the second-hand market, GUHADA will use the NFC chips. On GUHADA platform, the NFC chips will be inserted to the products that are sold on the GUHADA platform and the entire distribution record of the products (related information prior to the ownership) will be traceable. Accordingly, in the case of purchasing new or second-hand products on GUHADA platform, the information regarding authenticity, purchase path, previous owners, etc. can be verified through the blockchain.Transparently sharing the resale information using the NFC chip technology.In the case of resale of the products on GUHADA platform, much-needed information about the product, such as the price at the point of purchase, purchase date, distribution records, etc. can all be accurately checked through the NFC chip. This system will create trust between the vendors/sellers and the buyers, and the vendor/seller will not be able to provide false information to the consumers.For example, if a consumer “A” purchased the luxury fashion bag from a company “L” on GUHADA platform, and decides to resale the luxury fashion bag on GUHADA platform, the bag will have the NFC chip already inserted, meaning that the consumer will be able to find the details of the price at the point of the previous sale, purchase date, authenticity, and distribution records, conveniently. Because of this, consumers will be able to trust the vendors and purchase the products safely.GUHADA, adding innovation to the second-hand market. GUHADA will add innovation to not only the e-commerce market but also the second-hand market as well. Currently, there are no specific solutions for scams and various problems in the second-hand market, however, it is expected that GUHADA will become a hope for consumers of the second-hand products. Great innovation by GUHADA platform in the 2nd half of this year is expected.TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.TEMCO Chatroom: https://t.me/temcolabsTEMCO Official Website: https://temco.io[BLOG] GUHADA and Second-hand Market was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 05. 03
[TECH] GUHADA Payment System
At this time, we would like to explain about the further development process of the payment module.Please take your time reading through, since this may be an important aspect of GUHADA that you might want to know.Currently, the payment module is 80 percent complete and in May, the logic and security development will be completed.In the payment module, there are 3 functions: 1. Payment2. Cancel Payment3. RefundThe payment methods of credit card payment/virtual account payment/account transfer payment/mobile payment are under the development process as provided payment methods.The notification functions will be developed afterward.Examples are provided below to show the flow of payment module below.The payment module processThe payment module is developed based on the settings that were provided in the previous development updateLink: https://medium.com/temcolabs/guhadas-order-and-payment-module-1f7e0298914dThe flow goes from the selection of the payment method → first step confirmation → uploading of the confirmed data to the GUHADA server → Payment CompletionAPI Category ListControllerFor the module, the process follows Order form → Confirmation → Order Completion.The controller is shown below:/billingDev =>Test Order Page/privyCetify => Create Confirmation Data/privyCertifyResult =>Confirmation Result Data Form Transfer/privyApproval => Payment Confirmation RequestProvided Payment TypeBelow shows payment confirmed request data log ready to be transferred.It is composed of the character set and store ID detail data.InterfaceThe below image shows the Confirmation Data Communication Log. If the confirmation is successful, the log can be checked as below:The below shows the development of the Payment Method, the design is in the under development. GUHADA’s PG (Payment Gateway) Company is LOTTE and KICCCreate Form DataThe core logic cannot be provided as of now, but shown below is the confirmation through essential data.Proceed with the confirmation step by processing the essential data.Below data shows the processed data indicated on the form.(The image is not the actual information shown on the GUHADA order page. The image is for to support the understanding of the process)Confirmation Data Input / Create Approval DataIf there is no issue with confirmed data, the PG payment window is signaled and payment information can be entered.We have used Hyundai Card to proceed with the payment process.ApprovalWhen the payment is processed through the mobile app, confirm as the shown image and click on the payment button proceed with the confirmation process. We have used the payment code to proceed with the payment.To help you understand better we have provided the screenshot below for sharing of the data.Payment Process Step and Payment SuccessWhen the payment is successful, TID is produced. TID is an approval number. After the TID is produced, the role of the payment module is finished.Below is the confirmation data processing communication log. After the successful payment the below log shows.Create Return DataWhen the actual payment process is finished, the return data is created as below and is sent to the order data processing.Hash Data CreateThe essential encrypted logic for communication shown as below. The content is for the encryption of the data so all the implementation data cannot be shown.String UtilsBelow shows String Utils that has been added from the development of the payment module. It is showing the validation check and String replace.When the payment process is complete, the below information is sent in an email.We will be back with more announcements and development updates.Thank you for supporting TEMCO!TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.io[TECH] GUHADA Payment System was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 05. 02
[BLOG] GUHADA and E-commerce
GUHADA, an online shopping mall that will change the e-commerce marketAn unexpected increase in the growth in the e-commerce market.The e-commerce market has shown unexpected growth in recent years. Based on the statistics from the Korean government, the growth of the e-commerce market in Korea increased from 39 Billion in 2014 to 97 Billion in 2018, almost twice within the years. As the growth of the e-commerce market continues, the product purchase through the e-commerce markets has become more popular among the consumers.Online shopping malls outshining off-line stores.The e-commerce market shows not only the growth in quantity but also in quality as well. As the e-commerce market increases its quality, online malls are overcoming its limitations, and it is expected that soon the online malls will provide services that are better than the off-line stores.A company called “Coupang” in Korea provides delivery service called “rocket-delivery”, a delivery service that is quick enough to have your product delivered within the same day within hours perhaps in minutes for closer locations. Also, a company called “T-Mon” have adopted the “Deep Learning’ technology for the first 3 months of its operation to learn the consumption pattern and now provides a real-time suggestion service, “For You” to its customers.On the other hand, there are still risks of inconvenience exist for online malls. To overcome the experience of the inability to test or try on clothes or products before purchasing, channels such as ‘Omni Channel’ was introduced. The Omni Channel plans to combine the advantages of the channels and off-line stores and provide the most optimal service and change the overall shopping experience of the consumers.The upcoming e-commerce market is looking forward to overcoming the limitations of the existing systems and even become much more accessible than the off-line stores. Xiaohongshu.com is a platform that adopted the SNS functions to the online shopping malls, leading the e-commerce industry. Also, video content combined V-commerce as come to existence as well, adding more fuel to the accelerated growth of the e-commerce market.The innovation that GUHADA will deliver.The security without worries of hackingDue to the convenience and easy access to online shopping malls, it is hard to avoid the hacking issues. Even still, there are not many online shopping malls that suggest or come with solutions for such hacking issues. However, GUHADA uses blockchain technology, providing realistically impossible of hacking and showing competitiveness in the e-commerce industry through the top security.GUHADA’s 6 security functionsIt is very important to determine authenticity in the luxury market, and GUHADA offers 6 security functions to determine the authenticity of luxury goods. The security functions of GUHUDA include:Product authenticity warranty based on Smart ContractVendor verification system (VVS)Online community channels and blacklist operationBlockchain-based ownership verificationRegistering product data on the blockchain to prevent manipulation of dataInsurance service for defective items or counterfeitsThese security functions will enhance the trust between the sellers and the consumers and prevent counterfeit problems. GUHADA will be the only one to obtain such a large number of safeguards.3. Integrated payment systemGUHADA will contribute the commercialization of cryptocurrencies by providing integrated payment including cryptocurrency payment system as well as basic payment methods such as credit cards, virtual bank accounts, bank transfers, mobile payments, and more.4. Upload distribution history data through NFC chipGUHADA can motivate the luxury used market by using the NFC chip. NFC chips can be inserted into the products sold at the store to trace the entire distribution history, and related information will be recorded on the blockchain. If the product is sold again through GUHADA platform, the NFC chip can easily confirm the sales price, purchase date, and distribution history that are essential for the second-hand transaction. This can be seen as an innovation to motivate to the used market.5. GUHADA’s online communityWithin GUHADA’s online community, vendors and consumers can receive reward points through participation activities. Activities include creation of contents such as fashion trends and product reviews, identification of authentic products and more. These points can be transferred to TEMCO tokens and can be used for purchasing products.GUHADA platform can be a new game changer in the luxury e-commerce industry. TEMCO is concentrating on platform development and aiming to launch in the second half of 2019. GUHADA platform’s launch is highly expected.TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.io[BLOG] GUHADA and E-commerce was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 04. 30
[BLOG] Future Expectations
In March of last month, TEMCO outshined hundreds of startup in the world and was selected for the blockchain startup accelerating the program by the Tribe Accelerator. This indicated the spread of TEMCO to the world and much of high expectations for TEMCO as a blockchain developer.Rewind: Who is Tribe Accelerator?Tribe Accelerator derived from of Tribe, well-known venture capital in Singapore. The Tribe has supported over 800 start-up companies about the past 7 years, to facilitate the growth of the blockchain ecosystem, while Tribe has been continuously working with the Singapore government.Source: https://e27.co/in-photos-the-launch-of-blockchain-focussed-tribe-accelerator-20190402/The program I March had more than 800 startup companies applying for the program and TEMCO was selected as top 10 companies who are able to participate in Tribe Accelerator’s program. Tribe Accelerator selected the recruits for the acceleration program based on the plausibility of the blockchain based application, the business model, and the real use case examples for the supply chain, fintech, mobility, and data, etc.The companies who participated in the program.The program had top blockchain companies, the Singapore government, and vest of globally renowned companies. The list included HSBC, Intel, Nielson, Johnson & Johnson, BMW Asia group, etc. Not only the globally renowned companies, but the blockchain heavyweights such as ICON, VeChain and more attended the event in March and plans to attend more of the Tribe Accelerators forwarding events in the planned program.The Tribe Accelerator’s managing partner Yi Ming Ng not only showed his focused interests and hopes for startups and corporations to work together but also expressed that the efforts to support the companies will continue. Additionally, Yi mentioned that he has high hopes for the outcome of the exquisite networking between the startup and the corporations.BMW Asia: Master ClassThe goal of the program mentioned by Tribe Accelerator was that they are hoping for the creation of the hyper-connected platform through the development of a solution resulting from the networking and communication of the startups and the corporations. Not only through such efforts, but Tribe Accelerator will support the selected top 10 startups to grow through continuous work with corporations and top blockchain specialists to develop the best business models, sharing ideas for them.Companies that selected by Tribe AcceleratorAs mentioned above, TEMCO was selected as one of the top startups for the program hosted by Tribe Accelerator, a Singapore government-backed company. To mention few more significant companies the world’s first blockchain based taxi service, TADA, using blockchain technology for analysis of global events, Accrue, known for the Dao tokens, Digix and more are in the program.The selected companies will attend the networking events, masterclass, and mentor sessions that continues from the last event in March. The program will proceed for 4 months, and it will finish by global demonstration tour throughout Seoul, Singapore, Shang Hai, and San Francisco.Tribe Accelerator’s reasons for selectionTEMCO showed its mark on the global space through being selected in the Tribe Accelerator program. This allures the prospects of the optimal potential of TEMCO’s business model, but through the meetings with BMW Group Asia, Intel, Nielson, and more, it is expected that TEMCO can increase its potential furthermore. Fast growth and progress of the TEMCO project through the next 4 months is highly expected.TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.io[BLOG] Future Expectations was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 04. 26
GUHADA Design : Wireframe a...
GUHADA Design: Wireframe and PrototypeWhat is wireframe?The wireframe is an efficient and valuable process during the design process. Wireframe works as a backbone for the development process of a mobile app, a webpage, and high-end user-interface applications. At this point, the user can participate in the process.For example, the wireframe works as an effective communication tool in the product development stage, since various related personnel is involved. By sketching the wireframe on to the whiteboard, the UX designer, business analyst, marketing manager, and more can communicate through the wireframe and share ideas.Benefits of the wireframeIf there is no wireframe, the designing of the mobile app and website can only be worked through guesses and predictions. One of the benefits of the wireframe is that it provides instructions and there more additions to it.Image source : https://www.awwwards.comCo-operation is the “Key”For the developers and engineers, even clients to related personnel, everyone has to have an idea about the requests, the goal, and the vision of the accomplishment. The wireframe is the source of clear communication during the development of the mobile app or the website functionality application. Wireframe sets what works and what not in the design process and allows everyone to view the results clearly.The intuitive design of the wireframe is a mustThe wireframe is used as a test operation, during the design of the mobile app or the comprehensive website. Designers and developers can directly apply the wireframe for testing, so they can configure the drop-down menu, search path, and its related page search.Wireframe does not need the visual descriptionInstead, for the wireframe, there needs to be a specific route, such as a final user accessing the information on the website or the mobile app. So, it is a difficult task that cannot be done without the draft or a blueprint. After gaining the method for design element indication on the page and the idea for the location, decision for the strategical development process that is established, based on the content indicated in the wireframe instead of the highly costing process.Wireframe reduces the trial and error by the trial attempts prior to the actual project executionIf the efficient click and usability test is completed through the interactive wireframe, the time for construction, efforts and costs can all be reduced. By constructing the interactive prototype that focuses on the communication of client, designer, and developer, the logical flow of the website and the mobile app can be tested.GUHADA’s wireframeGUHADA, an e-commerce open market platform is currently under development process based on the agile method, using the wireframe and the prototype design, minimizing the project issues. Below images show the login, ID, find-password, and flow of the GUHADA platform.GUHADA : Login, ID/PW find, WireframPlease stay tuned for the launch of GUHADA in September of this year.Thank you for supporting TEMCO.TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.TEMCO Chatroom: https://t.me/temcolabsTEMCO Official Website: https://temco.ioGUHADA Design : Wireframe and Prototype was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 04. 23
[ANN] Token Swap Announceme...
AboutBased on feedback from community members, institutional investors and leading blockchain advisors, TEMCO’s Project team decided to swap the current RRC-20 based TEMCO tokens to ERC-20 based tokens. This will enable improved liquidity as well as expanding interoperability of TEMCO’s blockchain ecosystem to Ethereum.SummaryOne RRC-20 TEMCO token swap to One ERC-20 TEMCO token (1:1 ratio)CoinBene and Cashierest will support TEMCO Token SwapPersonal wallet users can process manual Token Swap through TEMCOThere is no change to total number of TEMCO token issued or token economics and development roadmapTEMCO Token Swap through exchangesCoinBene- TEMCO Deposit/Withdrawal Freeze Starts : May 9th 2019 (UTC+9)- TEMCO Token Swap date : 2019 May 10th (UTC+9)Cashierest- TEMCO Deposits/Withdrawals Freeze Starts: May 9th 2019 (UTC+9)- TEMCO Token Swap date : 2019 May 10th (UTC+9)Please Note : We will update the Token Swap date and freeze period if there are any changes known to us.Detailed instructions on how to do token swap through exchanges is here.TEMCO token trading will continue as normal during this time.RRC-20 TEMCO token trading will be discontinued after the Token Swap.Please Note : If you choose to swap through exchanges, the exchanges will help you complete. For more details, please refer to the official notices released by exchanges.Manual Token Swap Through TEMCOProcessing manual Token Swap through TEMCO is considerably more complicated than the Exchange-Assisted Swap methodThis method is only applicable for TEMCO token holders in personal wallets such as MyCrypto- TEMCO Token Swap Starts : 2019 May 10th (UTC+9)Detailed instructions on how to do manual Token Swap is here.Please Note : Safety of digital asset for TEMCO token holders is very important to TEMCO team. We recommend TEMCO Token Swap through CoinBene and Cashierest exchanges for user convenience and safety. Do not fall for scams that claim to be TEMCO team members or use spoofed website.Kindly note contract addresses below.RRC-20 TEMCO Contract address : 0x32345597c3398981bdb77419280dab89becd90beERC-20 TEMCO Contract address : 0x2fc246aa66f0da5bb1368f688548ecbbe9bdee5dIf you have additional questions about the token swap, please ask us on TEMCO’s official telegram channel.Thank you for supporting TEMCO.[ANN] Token Swap Announcement (RRC-20 to ERC-20) was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 04. 22
[ANN] Exchange Token Swap G...
If you are a customer of supporting exchanges (CoinBene, Cashierest) and store RRC-20 TEMCO tokens, both exchanges will carry out the Token Swap automatically. New ERC-20 TEMCO tokens will be the only tradable tokens on exchanges after the Token Swap.How to swap your tokens through ExchangesCreate a client account (or use your existing)Send your RRC-20 TEMCO tokens to CoinBene or Cashierest exchangesSupporting Exchanges will automatically convert RRC-20 TEMCO tokens to new ERC-20 TEMCO tokens on the May 10th 2019 (UTC+9)Please Note : After the token swap date, it won’t be possible to do the Token Swap through the exchanges, so please deposit TEMCO tokens before the deadline.Please follow exchange’s official notice and instructionsCoinBene- TEMCO Deposit/Withdrawal Freeze Starts : May 9th 2019 (UTC+9)- TEMCO Token Swap date : 2019 May 10th (UTC+9)Cashierest- TEMCO Deposits/Withdrawals Freeze Starts: May 9th 2019 (UTC+9)- TEMCO Token Swap date : 2019 May 10th (UTC+9)Please Note : We will update the Token Swap date and freeze period if there are any changes known to us.Please follow the links below for additional detailsHow to create your wallet at CoinBene.comHow to create your wallet at Cashierest.comHow to send RRC-20 TEMCO tokens from personal wallet to exchangeHow to buy RBTC (Gas fee) from Huobi.com and send to personal walletIf you have additional questions about the token swap, please ask us on TEMCO’s official telegram channel.Thank you for supporting TEMCO.[ANN] Exchange Token Swap Guide was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 04. 22
[ANN] Manual Token Swap Guide
This method is only available for the TEMCO token holders who store RRC-20 TEMCO tokens in personal wallets. We suggest you to choose Exchange Token Swap Guide for your convenience and safety.Manual Token Swap Simple GuideGo to official TEMCO Website https://www.temco.ioSign up (or use your existing) and Log inClick Token Swap MenuCopy “My Token Swap Wallet Address”Transfer RRC-20 TEMCO tokens to “My Token Swap Wallet Address”- Please keep the transaction id as your copy of the swap receipt.Check your ERC-20 token balance from your same personal wallet- You can simply change the personal wallet network from RSK to ETHEREUM.- There is no need to create new personal ETH wallet address.TEMCO Token Swap Starts : 2019 May 10th (UTC+9)- Keep your personal wallet private key secure; do not pass on your private key information over the internet.Detailed Guideline for Manual Token SwapStep 1. Go to official TEMCO website, sign up and log inStep 2. Click your ID for Token Swap MenuStep 3. Copy “My Token Swap Wallet Address” and send RRC-20 TEMCO tokens to the address.How to send RRC-20 TEMCO tokens from personal walletHow to buy RBTC (Gas fee) from Huobi.com and send to personal walletHow to check your ERC-20 TEMCO tokensPlease keep the transaction id as your copy of the swap receiptCheck your ERC-20 token balance in your same personal walletYou can simply change the personal wallet network from RSK to ETHEREUM to check your new ERC-20 TEMCO tokens.There is no need to create additional ETH wallet address to receive new ERC-20 TEMCO tokens.How to check new ERC-20 TEMCO tokens from personal walletTEMCO Token Swap Starts : 2019 May 10th (UTC+9)Please Note : Keep your personal wallet private key secure; do not pass on your private key information over the internet.[ANN] Manual Token Swap Guide was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 04. 22
TEMCO Progress Report: 1st ...
Hello, everyone!So the cold winter has passed in Korea and some parts of the world so far and the 1st quarter of 2019 have passed very quickly.For the past 3 months, there were many changes in the blockchain space, and TEMCO has been working diligently to improve its business model and the development process.In the meantime, TEMCO team did not miss the opportunity to educate ourselves and others throughout.Check out our progress so far for the year 2019 and find out the gist of what TEMCO team has done to improve.D’Center X Korea University: Participation of TEMCO in “College Student Job Searching Forum”In the past January 15th, 2019, D’Center and Korea University hosted matching college internship program linking to Blockchain has been progressed. TEMCO’s CEO, Scott Yoon has participated in the main panel in the program to deliver valuable advice for students who are interested in working in the blockchain space.In particular, it has been emphasized that it is important for students that “it is best to gain the ability to abandon stereotypes and adapt quickly to change”.Coming out of this program, a student who was very interested in the blockchain space, is currently working as an intern at TEMCO. The student who is working now as an intern at TEMCO is supporting the team on planning for the development of GUHADA, TEMCO’s e-commerce open market platform and experiencing the actual work environment about the SI business development and more. As education for blockchain is becoming very popular, it was a very insightful moment for TEMCO’s CEO Scott Yoon to be invited as a main panel speaker.https://blog.naver.com/temcolabs1/221443311433 (KR- Google Translation Required)TEMCO, applying blockchain to expand exports in the Vietnam food market!On February 22nd, 2019, HANMIRAE FOOD CO. LTD (Seasoned Seaweed products) and DONGUI-CHOSUKJAM (spring water) announced that they plan to make exportable seaweed and spring water with the application of TEMCO’s blockchain technology.It was very meaningful in a way that TEMCO’s blockchain based solution was exposed to the exporting industry and the Vietnam food market, branching out from the domestic market.https://medium.com/temcolabs/temco-applying-blockchain-to-expand-exports-in-the-vietnam-food-market-22cf38e965c7TEMCO received a “Value Management Award”!The Hankook Ilbo, most renowned and one of the oldest newspaper company in South Korea, selects a company every year that have successful value management, for Korea’s “Value Management Award”. Under the support of Korea’s Ministry of Trade, Industry, and Energy, Ministry of Science and Technology Information and Communication, and Department of Small and Medium Venture Enterprise, Hankook Ilbo chose TEMCO for the “Value Management Award”.TEMCO was chosen as the top blockchain based supply chain and e-commerce platform developing company, planning to lead the revolution in the industry. TEMCO, through the specialized technical skills and business model, secured funding from Korea Investment Partners, and have made partnerships within Korea and globally.TEMCO, selected for government accelerated program in Singapore!Last, but not least up until now, TEMCO partnered with Tribe Accelerator, a Singapore government-backed program that facilitate acceleration programs for startups.The program proceeded by Tribe Accelerator included BMW Group Asia, Intel, Johnson & Johnson, HSBC, and more global companies, to connect with 10 blockchain based companies including TEMCO. TEMCO team also attended the Masterclass event on 29th of March, which was supported by the United Nations and European Union, to discuss the commercialization of the blockchain technology.TEMCO X Tribe AcceleratorThis wraps up the quick overview of the TEMCO’s 1st quarter progress. Not only the 1st quarter, which is only the beginning, but you can also expect TEMCO to do much more throughout the year, including the launch of our e-commerce open market platform, GUHADA in September.GUHADA is a blockchain based online shopping mall that allows the viewing of the purchaser and the seller’s information, including, previous transactions, transfer of ownership, and more, transparently. All the account information is safely secured through the blockchain as well. TEMCO is utilizing blockchain technology to develop GUHADA, that presents top class security and is currently under the process of developing UX/UI design. As mentioned previously, GUHADA will proceed with the best online security through blockchain, which will minimize the vulnerability to hacking.TEMCO team is working on differentiating our GUHADA platform from the existing platforms. Through the platform, we are expecting to increase the trust and reliability of the consumers.Thank you for supporting TEMCO and stay tuned for more updates!TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.Please visit us to learn more about the blockchain and smart contract based supply chain data/e-commerce platform!▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.ioTEMCO Progress Report: 1st Quarter of 2019 was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 04. 17
GUHADA: Safe and Convenient...
GUHADA Shopping Mall: Providing Safety and ConvenienceOnline Shopping Mall: Can you be safe and use it without caution?As advancements in technology continues, online shopping malls are becoming increasingly popular. Many of us can purchase our gifts and favorite things through a click of a button nowadays. You can even purchase a personal “space travel” ticket online.However, if you want to conveniently shop online, you need to enter your personal information on the designated site.As the world becomes more and more technologically advanced, the need for protecting your personal information becomes more important. At times, because of the personal information flowing around online, there are cases where people lose their assets.Such cases of identity theft or losing assets online happens from time to time. Airbnb had been hacked and the hacker made payments using another person’s account, Facebook had been hacked in 2018, etc. There are many cases of hacking that everyone needs to watch out for.To solve such issues, there had been lots of cases that the companies are developing security systems for online platforms. Including online shopping malls and social media networks, there are voices rising for regulatory and mandatory security needs to be conducted through governmental policy. Currently, it is difficult for companies and facilities to get a good grasp on what needs to be done to facilitate the security measure.Blockchain to solve hacking issuesBlockchain has been rising as a solution for hacking nowadays. When blockchain is applied on platforms, it can fundamentally solve such online hacking problems. Blockchain can record information through a hashing mechanism, and it can transparently share the information that is uploaded on the block. It is a DLT system that saves data onto multiple computers, which makes hacking impossible.GUHADA, an online shopping mall safe from hackingGUHADA, which is planned to be released on the 2nd half of this year is a user-friendly online shopping mall platform that blockchain technology is applied. First, GUHADA is a blockchain based online shopping mall that there is no need for worries of hacking. Just because it is blockchain based, that doesn’t mean that it is not user-friendly. GUHADA is an online shopping mall that everyone can use with convenience and at ease.On GUHADA, to access the account and person information, it requires a private key. A private key can look at as a password to approach personal account for deposits and withdrawals. Such a private key is encrypted in a complicated way so that the information about the private key is impossible to hack. The information regarding the private key is stored separately in a distributed network, with specified individuals who are responsible for the private key in the network holds unique and different parts of the private key. The unique parts are put together to form the private key when it is needed. This method follows the concept of Shamir’s Secret Sharing.Also, even if the private key is lost, it can be recovered through the verification by the responsible nodes in the network, so there is no need for worrying about the recovery of the lost key.GUHADA is a blockchain based online shopping mall that allows the viewing of the purchaser and the seller’s information, including, previous transactions, transfer of ownership, and more transparently. All the account information is safely secured through the blockchain as well. TEMCO is utilizing blockchain technology to develop GUHADA, that presents top class security and is currently under the process of developing UX/UI design. As mentioned previously, GUHADA will proceed with the best online security through blockchain, which will minimize the vulnerability to hacking.TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.Please visit us to learn more about the blockchain and smart contract based supply chain data/e-commerce platform!▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.ioGUHADA: Safe and Convenient Shopping Mall was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 04. 12
The “Exception” Code Develo...
GUHADA Update: The “Exception” Code DevelopmentToday, we would like to explain about the reasons for choosing “Exception” as part of our coding development.Please take your time reading through, since this may be an important aspect of GUHADA that you might want to know.First of all, as it all means, the “Exception” is sort of an error caused by a system of a platform. We can separate the “Exception” into two parts:1. Grammatical Error: This happens when there is an asymmetrical syntax problem in the Java coding process, and it is an error that occurs during compiling.2. Operational Error: An error that occurs during the program operationFor the operational error, there are 3 types: 1. Logical Error 2. Error due to java virtual machine itself 3. ExceptionIn this case, the logical error has to be coded in such a way that the logical contradiction cannot exist, however, the Java virtual machine error is not something the developer can take the responsibility of.But, the exception is an error that can be fixed by the developer, although the frequency of it is unexpected and not recurrent.For the Java virtual machine, if an exception occurs during the operation, it creates the exception object from the class that is related to the exception, sending it over to exception processing syntax, designated by the program. The exception processing syntax gets signal from the java virtual machine and receives the exception object from the java virtual machine and completes the appropriate processing.Logical Exception is an expected situation error.For example, it can be an error that comes up when a wrong password is entered during the login.TEMCO’s development about the exception system is composed of a system and logical exception.So let's take a closer look at the case for the exception through coding itself.Error ResponseError response development: Below shows results type-value when it is delivered from backend to the front end. When the exception happens, it justifies the results code and sends the contents as below:GUHADA Exception ResponseWe have the coding configured by extending GUHADA API Response:Exception Controller AdviceException Controller Advice is a Controller that process the exception in Java project:We have set justification for various errors, so that basic errors match with each situation, justifying the exception handler in a specific way. We are planning on adding more situational cases for unexpected situations.Runtime ExecutionTo comply with the errors message in various situations, we’ve received diverse param for the processing of the Runtime Exception.TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.Please visit us to learn more about the blockchain and smart contract based supply chain data/e-commerce platform!▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.ioThe “Exception” Code Development was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 04. 11
Blockchain and NFC Based SCM
Integrated Supply Chain Management System Through Blockchain and NFC TechnologyThere are many major and minor issues that happened due to complicated and unorganized supply chain management systems, and TEMCO is working to prevent such situations by improving existing systems through the development of a better system by utilizing blockchain technology.The egg contamination incident in Europe and AsiaIn 2017, the pesticide egg contamination swept across major parts of Europe. At the time, because of the complicated supply chain management system, it was difficult for anyone to find the source of the distribution problem.After years have passed, the supply chain industry continuously has worked on improving from the past lessons. Unfortunately, due to lack of critical change and technical innovations in the supply chain management system, the problems related to the distribution of products in general, still occurs and overall distribution system is currently not at it’s best.In the used motor vehicle market, the false advertisement persists and in the luxury goods market industry, there still are many counterfeit products that circulate around. In the following, it is still difficult for consumers to determine the authenticity of the used vehicles or luxury goods that they purchase. To recover the reliability and trust of the supply chain or the distribution system, the focus on improving supply chain management system is increasing.NFC technology, rising as a solutionIn such cases as above, it is difficult to determine the distribution records of the products nor transparently view the entire supply chain process. As the issues with the supply chain management increase, the NFC technology is rising as a solution for such problems.If so, what is NFC and how can it change the supply chain management system? In the past articles, we have talked about RFID technology, and NFC is considered as a type of RFID technology. NFC is an acronym for Near Field Communication, and it needs specific radio signal to connect with the other device with the same frequency, and it provides more accuracy since it works only within the 10-centimeter range.TEMCO’s NFC technology, revolutionizing the supply chain industryTEMCO is planning on changing the supply chain industry not only through the blockchain technology but also through utilizing advantages of the NFC.Through the use of NFC technology, TEMCO can transparently and accurately manage product distribution records that are uploaded to the blockchain. If reliable product data recording and blockchain based system are developed, the entire distribution records about a product can be verified. For example, when NFC function on a smartphone is turned on and is placed next to the NFC tag that is attached to the product, the distribution records and the product information can be viewed all at once.Such function will increase the reliability of the product, and at the same time, it will lead to more cost-effective operation of the companies. Through such, the supply chain management overall becomes more efficient.The case scenario of the NFC adoptionTEMCO is currently developing an integrated blockchain based solution for the supply chain data management system. To facilitate the process, TEMCO made partnerships with Art Together, 6gram and others. Through TEMCO’s solution, Art Together’s reliability of the transactions for the artworks can increase and it will add transparency to the distribution records of the meat products for 6gram.Surprisingly, TEMCO’s blockchain and NFC technology can be adapted to the medical industry. Last year TEMCO made partnerships with Balky, oriental medicine and medical information provider, for the use of TEMCO solution for uploading source of the oriental medicine to distribution process onto the blockchain.Following the partnerships for application of TEMCO solution, TEMCO solution will be integrated into GUHADA platform as well. The luxury goods market is sensitive to the authenticity of its products, so the consumers and retailers in this market demand higher transparency of data. To meet the demand, GUHADA will employ vendor verification system to select reliable and trustworthy sellers for the platform. Afterward, TEMCO will apply the NFC technology for each individual product that verified sellers are presenting for record keeping of transparent product and distribution records on the blockchain.TEMCO’s blockchain technology, in the real worldThe solution that TEMCO is working on, will benefit everyone, whether you are a luxury goods retailer, food distributor, the oriental medicine provider, Artworks crowdfunding platform, or a customer. All the transparent and accurate product and distribution information will not only benefit the companies but all third parties that demand reliability of everyday consumer products. This is the technology that TEMCO is developing, to benefit everyone in their daily lives.Consumers will be able to experience such advanced services through the open market platform for luxury goods, GUHADA, which is planned to be released on the 2nd half of this year. Accordingly, if blockchain technology is commercialized through GUHADA, blockchain will not exist only as a concept, but it will be an evolution for daily life. TEMCO is currently developing the first blockchain based e-commerce platform, GUHADA, and the extraneous development procedure of the platform will be conducted before its release.TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.Please visit us to learn more about the blockchain and smart contract based supply chain data/e-commerce platform!▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.ioBlockchain and NFC Based SCM was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 04. 10
TEMCO Solution X Automotive...
Application of TEMCO solution in the automotive industry!Cases of blockchain adoption in diverse industries is increase, automotive industry is following the trend as well.Blockchain revolution in the automotive industryAs blockchain is becoming more and more commercialized in 2019, the heat is coming to the automotive industry as well. According to research from a statistics company, the application of blockchain technology in the automotive industry will increase by 30 percent per year by 2030.Cases of blockchain adoption in globally renowned automotive manufacturersIn 2017, BOSCH adopted blockchain technology to prevent odometer and driving mileage manipulation. Not only BOSCH, but BMW as well, have partnered with a startup and developed the actual driving mileage recording system through the use of blockchain technology.Blockchain can be applied in other areas than just the true driving mileage recording. Last year in February, Porsche has developed a blockchain based ownership verification system to prevent the hacking from inside and out from the centralized maintenance of data, by utilizing blockchain’s specialty. There are also companies that created their own cryptocurrencies. Last year in March, Mercedes Benz have introduced their own cryptocurrency called “MobiCoin” at the MWC (Mobile World Congress). The project was developed upon rewarding the drivers of the MobiCoin for their environment-friendly driving behavior. Blockchain can be applied to the taxi service as well. A blockchain based company in Singapore have made partnerships with a taxi company to release a service called “Tada Taxi”. Tada Taxi is expected to promote a transparent and reliable ecosystem by recording all the motor vehicle and its related traffic information through blockchain, increasing the reliability of the transportation systems.Influence of blockchain in used car marketsBlockchain may bring diverse changes to the automotive industry, however, more than the innovations in the automotive industry, great changes in the used vehicle markets. It is expected that application of the blockchain in the used markets may produce a high quantitative outcome. Unauthorized sale of used vehicles is common in the markets and consumers who purchase those vehicles are left to deal with the fault as well. To prevent such events from happening, the used car markets have to rejuvenate the security and the ownership measure and perhaps think about applying blockchain technology for verification of ownership and also the status and condition of the vehicles. It has been many years that recording of actual and truthful information of used vehicles have been enforced, however, it is very difficult to determine whether the information is true or accurate, since the upkeeping of the data is centralized. So the used car market is not so reliable since the information regarding the used vehicles is not transparently shared. Information such as whether the vehicle had been in an accident(s), drowning, or any malfunction, in general, is not completely shared with the customers by the used car dealerships, so the customers are left at a disadvantage. Just as these problems are persistent in the used vehicle market, there are high hopes that blockchain solves such problems. Accordingly, blockchain can most definitely be a solution to the problems that customers have about purchasing used vehicles.Applying TEMCO solution to the used vehicle marketTEMCO’s Blockchain technology presents enough capabilities for its application in the used vehicle market. If TEMCO’s blockchain technology is applied to the used vehicle transactions, the previous records of driving, accidents, vehicle maintenance, etc. One the data about the records are uploaded into the blockchain, the data cannot be changed, so customers are safe from viewing faulty information about the used vehicles in general, and the mutation of the data is prevented. This way, the customers can freely purchase the used vehicles without worries. Furthermore, if TEMCO’s solution is applied to the automotive parts manufacturing industry, the automotive companies can verify the information about the parts and identify the exact location of any problems regarding the parts, if any.TEMCO in diverse industries!This kind of System Integration business can be applied to other industries other than the automotive industry. As mentioned previously, TEMCO’s API system currently under the process of development is modulated, meaning that the companies can extract the needed portion of the API and apply it to their new or existing systems. Because of such flexibility of the API companies do not need extensive knowledge about blockchain technology to utilize the API system, conveniently. Through the API system, TEMCO can support the innovation of diverse industries.TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.Please visit us to learn more about the blockchain and smart contract based supply chain data/e-commerce platform!▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.ioTEMCO Solution X Automotive Industry! was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 04. 05
GUHADA Design Update: Water...
GUHADA Update:Design SectionHello, everyone!At this time, we would like to explain more updates about the design process of GUHADA.Please take your time and check out the update.The Agile Process:Every project involving the development of visualization and design follows specific guidelines. This process is needed for successfully developing every software-based design.First, we would like to explain about the advantages and disadvantages of the traditional “waterfall” method, and the introduction of the Agile software that TEMCO team chose for the design process.The “Waterfall” MethodTraditionally, SDL (Software Development Lifecycle) is made of the waterfall method. This model/method was first used in the construction and manufacturing industry and now is most often used for software engineering and IT industry.Waterfall method’s core principle is to proceed with strict planning and consistency.Waterfall: A step by step process1. Sharing ideas about the concept.2. Request analysis and planning3. Design4. Coding and Development5. Testing6. Product release7. Support and maintenance managementThe advantages of the waterfall method:-Easy operation, management, and configuration.-Developer and the manager follow clear planning. -This process makes the development process much organized and easily comprehensible. -The projects that employ the waterfall method, in general, have similar patterns, so there is no need for the extra learning session.Organized Documentation:Accurate node needs to be made at each step for the firm documentation basis of the waterfall method. This step is required in case of a new employee comes in, so that the person can easily understand the process and easily improve the software. It is a needed step, in case a report is required, so it can be delivered to the client about the details or applied to a different project. Results:Through the initial report, the client can recognize the program function and the structure. As a result, the client can find out about the expenses and schedule of the project. Through this step, there is a certainty for the budgeting and planning for the release. Convivence for meeting the deadline:Since all of the start and end of the development process must be justified and maintained, there is a low possibility of missing the deadlines. This approach requests strict and useful regulation for the client.Disadvantages of the waterfall methodRoom for errorsThere is still some room for errors in the waterfall method. The biggest disadvantage of the method is that once the model is finished, it can not be reversed. The process is one directional and set, so it can not be updated. On the completed portion, fixing of the bugs or unexpected changes cannot be made. So, if there are any changes that need to be made, the project must restart, producing more expenses and difficulty. Initial information is not always accurateThe requested material is confirmed and discussed in the beginning, however, the requested materials by the client are difficult to be described in detail. The client may not know exactly what they want. As the project progresses, the client may find out more and more about what they want, and through this, the client can think about requests without affecting the budgeting and planning process. The client cannot view the developmental software until then it is completed.The operational application program is provided at the last step of the process. The client cannot see the intermediate phase of the development process, so the project is not transparent. Lack of communicationThe project proceeds with each team’s step by step process. Each team focuses on their own tasks and do not affiliate themselves with other team’s tasks. So, the errors and misunderstanding in the communication process occur often. The final testThe final test is performed only at the end. If there is a serious bug found during the test, the entire project has to restart. So, let's find out about the Agile method.Agile methodThe agile method was made to solve the issue of the waterfall method. There are differences between the methods is flexibility. Agile process is focused on open changes and continuous improvement. The process is gradual and repetitive. Everything starts under consistently updatable wireframe method, following the progress of the project. The task sections are separated in a module format and execute in the sprint. Each sprint continues for 2 weeks and is based on the following step.Agile Sprint (bi-weekly basis)-Planning (breaking down the concept to smaller pieces)-Analysis of the requested information (acquiring detailed information through numerous discussions)-Design (creating UI/UX design based on the recent requests)-Development (creating a real function)-Test (Verify QA software bug)-Release (Providing the client the prepared product)If there is a problem after the release and the use of the product, the information is sent to “team review” and it is resolved after the review. Agile method is flexible, unlike the step by step process of the waterfall method, any issue that rises can be resolved by the entire project team at the same time. A developer can fix the bug issue through the hierarchy-based Sprint at the initial stage. The client reports the feedback after working through the sprint. The team updates the project infrastructure and then selects and priority of the sprints.Advantages and disadvantages of the agile methodThe advantages of the agile method:This method has a flexibility that allows convenience in adding new functions and its operation. Which means that the client does not influence the schedule or the budget of the project and create new ideas for the project at the same time. Also, the product can keep up with adding new technology. Powerful TeamworkThe project is built upon direct communication and interaction. Everyone participates and is responsible for the project. This kind of approach increases the quality of the product and improves the occupational environment. Client ParticipationThe significant difference between Agile and Waterfall software development is that for the agile method, the client can provide the feedback and check the intermediate development results, which means that client can give a great influence to the final product. This process maintains the reliability between the client and the project team. High QualityEach sprint becomes finalized by the final testing for increasing the product quality. The developer can find the bugs and fix them before the main part of the development process is finished, which is efficient and cost-effective.Disadvantages of the agile method:Lack of detailed planningThe initial planning is rough, and the sprint can be added during the core development process, at times it is difficult to set a completion date or finish the project on a specific time. Organic OutputThe anticipated goal is to complete the development of the software and the team recognizes that it is not the finalized product since there could be a major issue in the future if the comprehensive direction of the entire project is not clear. (e.g. In a case if deep analysis of the coding is required) Devoted participationThe agile process consumes a great deal of time since it requires devoted participation of the entire team. This is for the case if the developer needs to focus on the project and work on his or her part of the task for an extended period). Unexpected resultsThe client may be able to participate in the creation of the project results based on individual sprint level, however, the final results can be completely different. This can happen if there is no constant change, planning, and design.So what is the reason for choosing the agile method for the development process of GUHADA?There are 3 major reasons why we need to use the agile method.-Indicating quick results of the project-If there is a need for continuous change in the development-The professionalism of the entire participating “experienced” team members. So, we have decided that there is a need for continuous innovation and change for the quality final product. Also, we thought that there is a need to continuously innovate as we are in the development process. In addition, the developers who are participating in the development of the project are experienced professionals, so there was no waste of time for choosing the agile method.Since there are professional developers who have experience in agile development, the development team of TEMCO is proceeding with the development through a discussion from 10 to 30 minutes everyday, sharing about the status of individual tasks and issues of the development process.Thank you for following up with the development update. We will be back with more exciting news and announcements!Thank you for supporting TEMCO!TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.Please visit us to learn more about the blockchain and smart contract based supply chain data/e-commerce platform!▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.ioGUHADA Design Update: Waterfall VS Agile was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 04. 04
TEMCO VS Oracle Problem
The “Oracle Problem” still exists in the midst of the 4th Industrial Revolution. It is a problem that can be solved but need caution and deliberate companies to solve such problems and start with one step at a time.The Oracle problems that have not been solved in the blockchain space:Currently, many believe that blockchain can fully protect the data from mutation. However, the oracle problem exists that even for the blockchain, it may be difficult to avoid such a problem before the data are uploaded to the blockchain. Accordingly, there are efforts from all around the world to find a solution to the oracle problem.“The Oracle Problem”, refers to the mutation of data during the transfer from the outside network to the blockchain network. Once the data are in the blockchain, the data are protected from the mutation, however, the mutation may occur during the processing of data incoming from the outside source to the blockchain, causing a reliability issue.How are the existing supply chain data management systems?In the existing supply chain data management systems, the manufacturing and processing data about the products are entered into the system manually, so it consumes much more time and it is inefficient. Also, it is difficult to determine whether the manually entered data are accurate, so the accuracy of the data is not as reliable.TEMCO Solution 1 — RFIDTEMCO, on the other hand, to increase the accuracy and reliability, by providing RFID tags with recorded data about each individual product and further accurate recording. The products with RFID tags attached to them will represent as nodes in the system and if a node is registered with a different value, the error can be efficiently managed. Just as this, by attaching the RFID tags to each individual product, the system will be less prone to errors and mutation of data.TEMCO Solution 2 — Vendor Verification SystemThrough attaching hardware sensors as RFID to products, it is possible that a part of Oracle problem may be reduced, however, the problems may still occur, such as malfunction of the sensors, manufacturing defects or wrong measurements, in which the oracle problem persists. For such cases, TEMCO plans to use Vendor Verification System (VVS) as a solution. The system is to acquire verified vendors who are reliable and highly trustworthy, prior to the business agreement. The oracle problem may be reduced by uploading the data of previously verified reliable vendors.Continuous work to solve the oracle problem:TEMCO is continuously working to solve the oracle problem, other than the situations mentioned above. The QR codes are protected from mutation of data. If the QR codes are used, it can solve the cost issue of using RFID tags and perhaps provide more security overall. TEMCO is planning on employing such technology to its first commercialized platform called “GUHADA” an online open market platform for luxury goods items. In addition, TEMCO is currently at Singapore, attending the accelerating program provided by a government-backed, Tribe Accelerator, seeking to work with corporations to solve the oracle problem. Also, a discussion about how to improve the application of blockchain on GUHADA platform is undergoing.TEMCO: Developing a reliable integrated system that can be used in real life:Currently, there are no perfect solutions to solve the oracle problem. However, TEMCO is reducing the issues that may occur because of the oracle problem by RFID tags (sensor) and vendor verification system. Such innovation will allow TEMCO to collect accurate data and provide them transparently through the use of blockchain technology, increasing trust and reliability of the consumers. Furthermore, the integrated solution that TEMCO will provide consumers, a suitable solution for everyday problems. Through the solution, consumers will be able to experience improved daily life.TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.Please visit us to learn more about the blockchain and smart contract based supply chain data/e-commerce platform!▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.ioTEMCO VS Oracle Problem was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 04. 03
TEMCO: Recognized by Corpor...
As the interest in blockchain technology by the corporations and SMEs increases, there are large corporations such as SK-telecom, Samsung Electronics, and Kakao-Talk looking to make partnerships with blockchain-based startup companies, to actively support commercialization of the blockchain space.Recently, there had been many companies jumping into the blockchain space, regardless of their size. In some cases, large corporations themselves work on developing their own blockchain, however, there are more companies looking forward to work with companies that already have the exceptional technical skills of the blockchain technology. In a sense, corporations and small and mid-sized enterprises (SMEs) around the world are focused on technical aspects of the blockchain based startups to develop innovative solutions for their needs.As mentioned, not only the SMEs are looking to partner with blockchain startups, but globally renowned corporations are working with blockchain startup accelerators to discover blockchain-based startups. Recently, a government-backed blockchain accelerator in Singapore, known as Tribe Accelerator brought together globally renowned companies like BMW Group Asia, Intel, Nielsen, and more to meet with exceptional startups in diverse areas.Further note, leading the startup companies in the diverse sectors are interested in blockchain technology as well. Mightjaxx for example, is a leading startup that focuses on art collectibles that were recognized by Forbes for its influential uniqueness, is interested in the utilization of the blockchain technology. Just as Mightjaxx, SMEs, and corporations are looking forward to expanding their horizon into the blockchain space by working with blockchain startups.So, the reason why companies are increasingly interested in blockchain technology is that these startups already possess competitive technical skills. Also, according to a comment by the industry professional, to make a mark as a leading identity in the blockchain space, the companies need to work with exceptional startups to work on open innovation.Accordingly, at Beyond Blocks in Bangkok last year, blockchain professionals have mentioned that corporations have a conservative mindset rather than being open to innovations. Also, the corporations should be able to support and adapt technologies of the startups, moving onto the future. If the corporations partner up with uprising startups and share exceptional technical skills and innovations, there could be a situation where both the startups and corporations can grow at the same time.Following such hype and the focus on blockchain space, there are many startups who are developing their own blockchain and services (dApps), as TEMCO is working on developing flexible and a solid solution that corporations and companies can use. The functions of TEMCO’s solution provides flexibility in such a way that the companies can utilize the solution based on their needs.For example, companies who need blockchain based payment system can use the part of TEMCO’s API solution that is specifically designed for the payment system, and for companies that need insurance portion of the technology can do the same, using the developed insurance system from TEMCO’s API solution. The fact that TEMCO is working on developing a flexible solution for both corporations and SMEs can adapt, it differentiates itself from others who are working on developing blockchain based solutions.Just as mentioned, TEMCO’s solution is flexible so that SMEs and Corporations can adopt to their needs. Through this, corporations and SMEs have high expectations for TEMCO and looking forward to making partnerships.TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.Please visit us to learn more about the blockchain and smart contract based supply chain data/e-commerce platform!▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.ioTEMCO: Recognized by Corporations and SMEs was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 04. 01
TEMCO, selected for governm...
TEMCO, for government accelerated program in Singapore!BMW, Intel, IBM, Nelson, KIP and more, providing mentoring and partnerships to blockchain startupsBlockchain-based supply chain data management and e-commerce platform TEMCO, announced that the company was selected for the official government supported start-up acceleration program through Tribe Accelerator, on 29th of March.Tribe Accelerator came out of Tribe, well-known venture capital in Singapore. Tribe has supported over 800 start-up companies for the past 7 years and for the growth of the blockchain ecosystem, as Tribe has been continuously working with the Singapore government. Accordingly, Tribe Accelerator provides an excellent acceleration program that provides opportunities to globally renowned companies, governments and blockchain companies to meet and possibly make partnerships, the first accelerating program that is supported by the Singapore government for the growth of blockchain space.Tribe Accelerator selected the recruits for the program based on the plausibility of the blockchain based business model in the specific industries and the real use case examples in the supply chain, fintech, mobility, and data, etc.Especially, the program at this time includes BMW Group Asia, Intel, Johnson and Johnson, HSBC and more global companies attending the event supporting 10 blockchain based companies including TEMCO. On one hand, the masterclass event on 29th, TEMCO team is attending the Masterclass event that is supported by the UN and EU to discuss the commercialization of the blockchain technology.The program at this time, starting in April, will preside from Masterclass, a networking event, mentoring sessions until July, ending in Singapore. The events will be conducted in 4 countries including Seoul.TEMCO is currently developing an online open market platform, GUHADA, which is planned to be released in the 2nd half of 2019.GUHADA is a differentiated open market platform that is community-based, ensuring consumers to receive authentic luxury goods with Vendor Verification System (VVS) and recording of all transaction data through the use of blockchain and smart contract technology, providing everyone with transparent information.GUHADA also offers insurance for the purchase of the luxury goods products, making sure that consumers are protected from purchasing of counterfeits. The community based open market platform employs the rewarding system, in which, all users of the platform are rewarded for activities within the platform such as product reviews, authenticity appraisal, general comments about luxury goods in general, etc.Through such a business model, TEMCO is receiving heightened attention by globally renowned companies throughout the program that started on 27th. TEMCO’s technical ability to commercialize blockchain ecosystem has been approved by many, and GUHADA will be released this year, which is receiving heightened attention since it will be the first blockchain based e-commerce model in Korea.Tribe Accelerator’s managing partner Yi Ming Ng stated:“We are proving support for the startups to acquire exceptional skills,”“Especially, Through the partnerships with globally renowned companies, we are curious about what kind of benefits the companies will bring to the blockchain space.”Thank you for supporting TEMCO!We will be back with more exciting news and announcements!!Stay tuned!TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.Please visit us to learn more about the blockchain and smart contract based supply chain data/e-commerce platform!▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.ioTEMCO, selected for government accelerated program in Singapore! was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 03. 29
Cryptocurrency: Its value a...
TEMCO, commercializing cryptocurrency paymentsThe real value of the fiat currencyWhat is money? Money may be looked at as “trust”, “security”, and/or “reliability”. Money or fiat currency, in general, has its value because we “believe” its worth. In an island called “Yap” the currency there is a heavy piece of stone. So how did money come around to have its value? Perhaps it is because people believe in such cases as people of Yap believing a stone has a financial value.However, if we bring this stone from Yap to a developed country, could this “stone” be treated as currency? On the other hand, if we bring our currency to Yap, people of Yap may consider that as only a piece of paper. In the light, we must believe that something has to have a value, in order for us to believe it as currency.The value of the cryptocurrencyWhy is Bitcoin Pizza Day so important in cryptocurrency history? It is because of the fact that it was the first time ever that Bitcoin was used in a transaction for payment, and as this event spread out through social media, Bitcoin’s value as cryptocurrency became more prominent.Because of Bitcoin’s liquidity, people are skeptical about the cryptocurrency at times. However, could the fiat currency that each country prints out have all the same value? Well, that is not always the case. There are cases that value of the fiat currencies drops, the value of it not even worth more than a piece of paper.In Venezuela, there were times the market prices increased extremely due to the failure in the country’s economy, a price of coffee increased about 3000 times within a year in the past. So, Venezuela is more often found to be using Bitcoin as more of a realistic currency. In Argentina, Bitcoin has a much low liquidation rate than the Argentinian currency itself, and easier to convert them into dollars, also, it is not so much regulated by the government.To go further, Tokyo, as the country is planning on Olympics, is going to increase the use of cryptocurrency for international visitors, as they are working on maintenance of their cryptocurrency system. Accordingly, the Japanese government is planning on making guidelines for the use of cryptocurrency.As Tokyo plans to adopt the cryptocurrency payment system for the Tokyo Olympics next year, it seems that such action will fast forward the commercialization of cryptocurrency and the use of blockchain technology throughout the world.The advantages of the BitcoinSo, what are the reasons that the governments and companies around the world looking at cryptocurrency just as good as fiat currency? We all know that there is no need for a bank account to use Bitcoin. The advantage of the cryptocurrencies is that billions of people around the world can use cryptocurrency conveniently without having to create a bank account and use it as one of the major financial systems.Also, when Bitcoin is used for payments, there are no other fees besides the transfer fee for the Bitcoin. In addition, Bitcoin is produced based on a specific algorism and the amount can be predicted as well. Bitcoin has specific set production amount through programming and the amount reduces as the time passes. So, as the times passes by the Bitcoin’s value increases and the smaller and smaller amount is circulated since less and less amount is produced based on the algorism of the production. Bitcoin’s algorism sets a positive impact on the financial ecosystem.Commercialization of TEMCO tokensTEMCO is planning on launching GUHADA platform by the 2nd half of this year. Through the platform, TEMCO considers and presides the use of tokens in a realistic and practical way. Also, in the case of the SI business, tokens will be used to upload data to the blockchain.Through such implications, hopefully, the GUHADA users of the can understand the real value of TEMCO tokens. The practicality of the TEMCO token economy has been approved and verified by the institutional investors, and as the consumers and vendors utilize the tokens, they may trust and value the tokens as the realistic asset, in which leads to the creation of the healthy ecosystem.TEMCO is not only developing a blockchain based platform but applying blockchain technology to an online open market, GUHADA. TEMCO will lead the commercialization of the cryptocurrency payments through the use of tokens at an online open market as a form of payment.TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract Technology.Please visit us to learn more about the blockchain and smart contract based supply chain data/e-commerce platform!▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.ioCryptocurrency: Its value and usability was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 03. 28
GUHADA Update: Response Sta...
Welcome back again this week for another GUHADA development update!At this time, we would like to explain what is “Restful API” and the development of the “response” code of GUHADA platform.Please take your time reading through, since this may be an important aspect of GUHADA that you might want to know.First, let's find out about the “Restful” API before getting into the “Response Code”.So, what is “REST”?The REST is described as below:Representational State Transfer (REST)REST is a software architectural style that defines a set of constraints to be used for creating Web services. Web services that conform to the REST architectural style, termed RESTful Web services (RWS), provide interoperability between computer systems on the Internet. RESTful Web services allow the requesting systems to access and manipulate textual representations of Web resources by using a uniform and predefined set of stateless operations. Other kinds of Web services, such as SOAP Web services, expose their own arbitrary sets of operations. source: https://en.wikipedia.org/wiki/Representational_state_transfer The REST is used accordingly for certain resources, to perform an operation of CRUD (Create, Read, Update, Delete), requesting to URI resource using the method, and the resources needed for the request is formed as Representation of Resource.The specialty of the RESTUniform interfaceAs long as it follows the HTTP standard, the interface can be used in android or iOS platforms that are not limited to specific language or coding, it is an architecture style that allows the manipulation of the URI designated resource.StatelessThe server recognizes each request separately, and the previous one can not be the next request. So, the REST does not manage or save status information through cookies or session data. Due to the stateless nature of the REST, it has high service freedom, the development of it, is simple, since it does not manage the unnecessary information. This kind of statelessness grants aligning of the server processing method and reduces the burden on the server.CacheableThe REST uses HTTP which is a previous web standard, so it can use the web’s existing infrastructure. Accordingly, caching function can be applied in REST, and it is possible to use Last-modified or E-tag which is used in HTTP protocol standard to define caching, allowing efficient processing of a large number of requests.Client-Server Architecture While the REST supplies API, the client directly manages the user verification (session, login information etc.) and the role is specifically defined, so what needs to be developed is clearly distinguished and dependency of each other is reduced.Self-Descriptiveness REST is developed in a way that it can easily understand the nature of the request just by looking at the message. It is set up in such a way that Verb (Method) + Noun (URI), so it can define at which method is performing which activity.Hierarchal StructureAPI server purely executes the business logic, and beforehand, there is cryptographed user verification(ssl), load balancing etc. for setting up the hierarchy, producing flexibility of the structure. To simply put, through HA Proxy or Apache’s Reverse Proxy, the hierarchal structure goes further to create Micro Service Architecture through API gateway.Response DevelopmentSeveral images below show the programming structure of GUHADA’s API development.The response is set up with GuhadaApiResult enum object and “Java Generic” (T). The java generic (T), sets up the class that will be used from the outside of the class. It is a programming method that creates general coding for reuse of diverse object types. The generic collection is used often for libraries.Did not signal right away at the controller but justified by creating a BaseController. We have justified the framework by creating ExtendsBaseAbstractController, so that the developer can focus on content development.The use at the Controller (Example)By extending the BaseController, it is developed in a way that at the Controller, only the responseAPI needs to be justified and transferred.The Result value (example)Below shows the results of the post method call. First is without the parameter and the second is with the parameter. It is set up so that there is no need for the specific method to process at the client, by matching with response.Post Method Example 1 (w/o Parameter)Post Method Example 2 (w. Parameter)Below is the result value of the “Get” method. It is showing the example with the parameter.Get Method ExampleWe are continuously working to provide you with the updates and detail development process as we approach the launch of GUHADA in the second half of this year. For next week, we will be back with the update, regarding “Error module”. Please stay tuned for next week’s update!Thank you for supporting TEMCO!TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract technology.Please visit us to learn more about the blockchain and smart contract based supply chain data/e-commerce platform!▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.ioGUHADA Update: Response Status Code development was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 03. 26
Leading the development of ...
Hello, everyone!Just want to quickly introduce TEMCO’s development team leader, Choi Tae Hoon.Choi leads the development team at TEMCO, and he has been updating everyone about the development process of GUHADA in the past couple months.So let’s take a look at Choi’s work experience and see how he is a great fit for TEMCO development team.Choi’s employment experience:So, it seems that Mr. Daehoon Choi has a lot of experience in the development of the order and payment systems using modern programming techniques. has worked at:1. KOREA YAKULT CO., LTD (http://www.hyfresh.co.kr/main.do), the largest yogurt distribution company in South Korea.2. Devsisters (https://www.devsisters.com/ko), A popular mobile game company that developed “Oven Break”, “Cookie Run”, and more with over 100,000 downloads.3. Archbears (https://www.archbears.com/), another large mobile game developer in Korea.4. Shinhan SDS (https://www.shinhansys.co.kr/main.do), one of the largest banks in South Korea.5. Wemakeprice.com, an open market platform that provides consumers with direction to best prices for everyday products.So now, let’s hear what he has to say about his prior experience and TEMCO:So, do you have experience in the blockchain space before starting at TEMCO?Yes, I do. During my career as a developer, I have had concerns about changing the centralized system to a different one for the better. And as I was wondering about the change, one of my colleagues had informed me about blockchain, and I thought it was a great technology for the innovation of the centralized system. Through such interest, I have left my previous company to be part of the blockchain revolution.In the beginning, I was afraid and scared about approaching the industry, but as I have studied and learned little by little, an to understand the industry, worked with others in developing EOS related dApp.Currently, the market is limited and many blockchain companies are having difficult times, I believe that blockchain technology is developing self-sufficiency and covering the disadvantages. So, I would like to envision my future with blockchain. Especially, I would like to see that GUHADA is well developed and TEMCO tokens are well used as utility token very soon.So, what is the reason that you decided to work at TEMCO?I knew a headhunter previously, and this person introduced me about TEMCO, so I didn’t hesitate to request for an interview. The reason was that I had development experience from KOREA YAKULT CO., LTD, about the supply chain management system, Wemakeprice.com, an online shopping mall, and blockchain dApp, all these experiences can support TEMCO in the development process. Also, as I was thinking, it would be blockchain that is most applicable to the supply chain and the shopping mall. This kind of thinking and the project that TEMCO is working on lined up in a way that this was meant to be.As you think of it, what do you think is the biggest advantage of TEMCO’s GUHADA platform?I think GUHADA has a lot of advantages. The first combination of the online shopping mall and blockchain, a flexible API service after the release of the platform, and partnerships that TEMCO made for the use of the solution in the future. However, I think it is great that everyone in the TEMCO is working rigorously to finish the development of GUHADA.Another point to make, my goal is to inform everyone of the development updates so that together we can look forward to the release of GUHADA, an online open market for luxury goods products.Alright guys, there you have it!TEMCO is working continuously to provide the best blockchain based supply chain data / E-commerce platform.Thank you!TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract technology.Please visit us to learn more about the blockchain and smart contract based supply chain data/e-commerce platform!▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.ioLeading the development of GUHADA: Daehoon Choi was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 03. 26
GUHADA: A Solution For E-co...
GUHADA, providing solutions for fundamental problems of the e-commerce market.The e-commerce market shows amazing growth each year. According to statistics in 2018, the e-commerce market sales were 2.8 trillion in USD and it is projected to increase up to 4.8 trillion in USD by 2021.However, there’s still problems exist that consumers who shop online most of the time are not able to see the products in person, but they purchase the products based on the information and the facts online. So in the case of luxury goods, it is difficult to determine the authenticity of the goods without examining them in person. Especially, on the third-party online platforms, there had been lots of scams and fake products that have been sold. Accordingly, it is difficult for consumers to totally rely on online market platforms to provide completely genuine products.In a case of transactions for used cars, there are diverse illegal activities that are involved.Editing the records of vehicle status is common, a customer is often presented with a different vehicle than what had appeared online, and at the most situations, the purchaser has to know a bit more information about cars in general in order to purchase the right vehicle.Purchasing products from a third-party vendor or a platform can be difficult.There are many third-party websites that are known to be scam sites. Scamming methods has been diverse and are increasing. Through such incidents, consumers have to deal with the fact that they are taking a risk to purchase items/products at certain sites.The unreliability of the third-party websites has been getting worse and worse.In a case of used luxury goods products, it is difficult to determine whether the luxury product is authentic or not. So, the consumers at the time purchase such products without 100% knowing that the luxury goods items are real or fake. On existing platforms, the vendors sign contracts that they will compensate double the original price if the item(s) that they sold happened to be counterfeit, however, if the vendor discontinues contact, there isn’t a way to receive the compensation for the counterfeit items.Viewing from such point, there are not much of what the third-party online vendors can do for consumers about the compensation of purchasing counterfeit items. The reality is that the focus of the online platforms as with other retails, etc. is to increase sales. There is a need for online markets to increase their performance on protecting the consumers in such cases and increase the trust of the consumers, as the growth of the online market industry is in facilitated progress.A solution based on TEMCO’s blockchain technology.The GUHADA platform, which is expected to launch in the 2nd half of this year plans to solve such problems that the online markets/platforms have not been able to fix. Unlike the online platforms that focus on increasing the volume of sales of products, TEMCO focuses on the increasing trust between vendors and consumers, also filtering out the counterfeit items, focusing on validating the authenticity of the luxury goods products.GUHADA’s 6 security functions.There are 6 security functions that GUHADA employs. The functions are for increasing the trust between the consumers and the vendors, as well as preventing consumers from purchasing counterfeits or deal with financial loss. The 6 functions are 1) seller verification process, 2) smart contract-based authenticity validation, 3) product registration through blockchain for prevention of manipulation of data, 4) insurance for defective and counterfeit products, 5) operation of the community for sharing luxury goods knowledge, and 6) blockchain based ownership approval system.GUHADA embeds confidence in consumers through security functions to minimizes consumer loss. While most of the e-commerce platform may focus on increasing revenue, GUHADA focuses on increasing consumer trust and reliability as well as protecting them from loss.As the e-commerce market quickly accelerating in growth, there are many suggestions for solutions about consistent problems of the third-party online markets. TEMCO’s solution (GUHADA) is expected to fundamentally resolve many of the issues that the luxury market industry have been facing.TEMCO: Innovative Supply Chain Data and E-Commerce Solution through Blockchain and Smart Contract technology.Please visit us to learn more about the blockchain and smart contract based supply chain data/e-commerce platform!▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.ioGUHADA: A Solution For E-commerce Problems! was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 03. 25
Blockchain Smart City, Comm...
The rise of blockchain smart city and the commercialization, solidifying the future of blockchain technology.As blockchain smart city becomes the more and more interesting topic, there are companies looking forward to creating a smart city through the use of blockchain. One of the IT capitals in the world, South Korea, is a leading nation for the creation of the smart city, and their local governments are contributing to this aspect.It is still at the initial stage for the local governments in South Korea. However, Dubai has its smart city business in the facilitated process, a representative place for such technological advancements.Starting in 2020, it appears that Dubai may be a leading location for the smart city operation. When Dubai steps up as the leading nation for the blockchain based smart city, it seems that the change in everyday life will be prominent. With such change, the unnecessary paper works will be reduced, and more efficient processing of the tasks will happen, leading to preserving the environment with less waste and less use of hard documents. Also, since the records and transactions will be uploaded to the blockchain, the transparency of the data sharing will be secured.The utilization of the blockchain seems to be expandable to on a larger scale and limitless of what blockchain can do.In South Korea, a famous tourist Island “Jeju” is following along with Dubai’s progress. Recognizing the potential of the blockchain, the local government and South Korea is working diligently to create blockchain based smart city. Samsung, LG, Hyundai, KakaoTalk and other giant corporations in Korea recognizes the capability of the blockchain’s limitless potential, jumping into the blockchain space, securing the future of the blockchain based technological advancements.Recognizing the bright future of blockchain technology, companies all around the world entered the blockchain space and heating up the fire for the innovation of the technology. Even Forbes has chosen the word “commercialization” as the top word for blockchain space this year, meaning that year 2019 seems to be the time that blockchain will be most commercialized and continue on. Such expectations and the high hopes will bring the utilization of the blockchain technology to the next step, the adaption of the technology into everyday life.As many projects are increasing in the blockchain space, TEMCO differentiates itself by developing a solution that can be commercialized. Unlike the delayed roadmaps of other projects, TEMCO is expecting to officially launch the online open market platform for luxury goods, in September of 2019 and beta testing prior to the launch.TEMCO’s technological empowerment and the business model have been validated by Korea Investment Partners, a No.1 Venture Capital in South Korea. There are many companies and educational institutions as well for the cooperation and partnerships with TEMCO in South Korea and globally as well. After the development of the blockchain based online open market platform, GUHADA, TEMCO is planning on providing the open API service for the companies and enterprises that need the innovation of their existing systems through blockchain technology.TEMCO’s differentiated blockchain solution will greatly influence not only domestically, but also in the global blockchain market in general.TEMCO: World’s First Supply Chain Data and E-Commerce Solution through “Bitcoin Smart Contract (RSK)”Please visit us to learn more about the world’s first Bitcoin smart contract based supply chain data/e-commerce platform!▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.ioBlockchain Smart City, Commercialization, and TEMCO! was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 03. 21
The Technical Definitions
19. 03. 20
Benefits of TEMCO’s open API
Through TEMCO’s open API development, companies can conveniently utilize the interface!The importance of API is increasing in diverse sectors of IT related industries. API is a set of functions and procedures allowing the creation of applications that access the features or data of an operating system, application, or other services (Google definition). The APIs help in concise decisions and overall business procedures, also smooth integration of applications.In some cases, companies lack sufficiently suitable APIs to efficiently operate their systems. To aid such companies, an open API that is flexible for many to use can rise to the surface.There are 2 types of APIs, one is closed API and other is obviously open API:Open API: a publicly available application programming interface that provides developers with programmatic access to a proprietary software application or web service.Closed API: A closed API might be in your best interest if: The API is for business partners or other B2B uses.In case of the open API, even a third party can have access to the interface, but the closed API may only be available for those who have access to it.Advantages of open API:Open APIs are being used and developed in finance, supply chain, communications, and more areas.Commercialization of open API can reduce the transaction cost to 1/10th.Open APIs can be applied to blockchain and its related industries such as supply chain.Using already well-developed open API can reduce the hassle of companies, even some large corporations may find it easier to use the API that is well developed by other companies for efficient operation.Companies can use certain sections of the already well-developed open API that they need. Which is very convenient.To provide companies with such advantages as above, TEMCO is developing a supply chain data management and the open market platform for luxury goods that even a company with lack of professional resources. A company that lacks resources for such open API systems can apply certain parts of the developed TEMCO’s API to develop their platform.Such services as login, product details page, payment and others, companies without such API can use TEMCO’s API to develop their online shopping mall etc.TEMCO is developing such API service that is efficiently usable by many companies, especially uploading the data to the blockchain and the services that can fulfill the needs of companies in diverse industries. The team is currently under the development process of the API service that blockchain technology can be easily utilized by SMEs which focuses on easy access to the needed data of the supply chain network.The fact that TEMCO is developing such an open API is a great deal since it cannot be done without rigorous efforts. A lot of innovative solutions can be expected from the development of TEMCO’s API.Thank you for your support!TEMCO: World’s First Supply Chain Data and E-Commerce Solution through “Bitcoin Smart Contract (RSK)”Please visit us to learn more about the world’s first Bitcoin smart contract based supply chain data/e-commerce platform!▶TEMCO Official Website: https://temco.io ▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Twitter: https://twitter.com/TEMCOLABS▶TEMCO Reddit: https://www.reddit.com/r/temcolabs▶TEMCO Facebook:https://www.facebook.com/TEMCOLABSBenefits of TEMCO’s open API was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 03. 18
TEMCO received a “Value Man...
The Hankook Ilbo, most renowned and one of the oldest newspaper company in South Korea, selects a company every year that have successful value management, for Korea’s “Value Management Award”. Through analysis of the operation of recognized company’s business, under the support of Korea’s Ministry of Trade, Industry, and Energy, Ministry of Science and Technology Information and Communication, and Department of Small and Medium Venture Enterprise, Hankook Ilbo chooses a company for the “Value Management Award”.TEMCO team hopes that the “Value Management Award” this time makes an example for those companies that are striving to make a goal to successfully manage and through the yearly Value Management Award, hoping to share the management ambition with the audience and the public.TEMCO is consistently coming up with new ideas, applying to business through the creativity, supporting the innovation and growth of the companies. We believe that this motivation has allowed us to be selected for the “Value management Award”.So, let’s take a look at our CEO Scott Yoon’s Interview from Hankook Ilbo:The innovation of supply chain data management platform through Blockchain:TEMCO (CEO Scott Yoon, TEMCO) is a company that develops blockchain based supply chain data management system and e-commerce platform, planning to lead the revolution in the industry. TEMCO, through the specialized technical skills and business model, secured funding from Korea Investment Partners, and have made partnerships within Korea and globally.Currently, TEMCO is in the process of developing an open market platform for luxury items called “GUHADA”.“GUHADA” differentiates itself from other existing platforms by providing an independent method for the consumers so that they can trust the luxury goods’ authenticity that they purchase on the platform. To protect consumers from mishaps and troubles, the GUHADA platform uploads all the data such as product certifications, distribution records, and more information and shares them transparently, as well as provide insurance for in case of purchasing of counterfeit items. Other than performing as a third-party open market platform, “GUHADA” provides community service that sellers and buyers can actively share product information, authenticity evaluation, and sharing information about luxury items in general, and both buyers and sellers can receive rewards.Through the successful operation of “GUHADA”, TEMCO team will develop and operate integrated system business that applies blockchain technology to the supply chain data management service and provide business intelligence tool for SMEs to continue its innovation.TEMCO’s CEO Scott Yoon mentioned that“TEMCO will become a professional platform developer company through the independent and integrated supply chain data management system and Business Intelligence tool.”as his plans for the future.TEMCO is continuously developing GUHADA, and through the successful start of the GUHADA platform, TEMCO will be able to set up a stepping stone for the operation of integrated system business of the supply chain data management service. Also, by providing the Data analysis tool suitable for companies, continuing the innovation.TEMCO: World’s First Supply Chain Data and E-Commerce Solution through “Bitcoin Smart Contract (RSK)”Please visit us to learn more about the world’s first Bitcoin smart contract based supply chain data/e-commerce platform!▶TEMCO Official Website: https://temco.io ▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Twitter: https://twitter.com/TEMCOLABS▶TEMCO Reddit: https://www.reddit.com/r/temcolabs▶TEMCO Facebook:https://www.facebook.com/TEMCOLABSTEMCO received a “Value Management Award”! was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 03. 15
GUHADA Update: The Basic Co...
Hello, everyone!Another day for GUHADA’s update!We apologize in advance for all the difficult to understand programming-based terms (if any).Alright! With that being said, let’s go over GUHADA’s basic coding structure (Java).Out of all the modules for GUHADA, we will use the example of the “product” module to explain the development structure.For the development of the platform, the product module is one of the important parts of the platform, and as everyone knows that the first page of the website should show “products” in an open market platform. Also, the product page for the sellers, the registration of the products should be easily interactive. So, there is a lot of processes involved in the development of the product page and more.So, let’s talk about the development of GUHADA by using product page development as an example.GUHADA’s Overall Development Structure (java):The GUHADA’s basic coding structure is divided into 7 parts as you can see below and each part will be explained.1. Config: Swagger setting/base setting2. Controller: Client request/dispatcherServlet return3. Exception: Exception setting4. Model: A domain model in problem-solving and software engineering is a conceptual model of all the topics related to a specific problem. It describes the various entities, their attributes, roles, and relationships, plus the constraints that govern the problem domain.5. Utility: A helping function6. Service: Practical logic implementation.7. RepositoryConfigurationConfiguration works as a basic swagger/base setting. The programming of the “config” is shown below.ControllerThis is where the user enters and decides how to process the selection. The controller only makes decisions and the actual processing is done by Layered Architecture.ServiceIn the service application, many tasks are processed as the controller object and the Repository are connected.The service does not use unnecessary “Http” or the “HttpServlet” inheritance but uses java object itself.(because of it, it cannot receive service, request, and/or response converted as parameters. The use of such parameters has to be done at the controller)So, regardless of which type of signal, if only the necessary parameters are received, it can process at its own business logic. Which means that through the modulation, it is a class file that can be reused anywhere. So it is not simple Web-based, but afterward, used as the native app, even if the view unit changes, the service does not have subordinate code on view, which can be reused as it is.ModelThe model creates software for solving issues with computer programming, such as defining the requests, languages, functions, the base concept of the model for the academic domain.Domain ModelUtilityWe have defined the function that is required for technical development. The information below is about the function that converts data to Json. Depending on the need, it converts the object to either String or Json. Other than that, the String conversion option for Date-Time option is defined.So this wraps up the base coding structure for the currently developing GUHDA’s homepage of the product, order and the user section that are currently under development.Thank you for reading!Please stay tuned for the next development update of the GUHADA platform!TEMCO: World’s First Supply Chain Data and E-Commerce Solution through “Bitcoin Smart Contract (RSK)”Please visit us to learn more about the world’s first Bitcoin smart contract based supply chain data/e-commerce platform!▶TEMCO Official Website: https://temco.io ▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Twitter: https://twitter.com/TEMCOLABS▶TEMCO Reddit: https://www.reddit.com/r/temcolabs▶TEMCO Facebook:https://www.facebook.com/TEMCOLABSGUHADA Update: The Basic Coding Structure I was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 03. 14
The authenticity of luxury ...
Simplifying the insurance process with Blockchain. Applying GUHADA for the best results!There are many cases where we apply for the insurance to protect themselves of future disasters and mishaps; however, when we are planning on signing up for insurance, there are lots of documents and process involved. As clients, we must go through such hassle process if we want to request for the compensation for damage through an insurance company. But at the same time, losing the important documents that are needed to process the insurance claim can cause more hassle; may have to visit certain facilities more than once just to get the documents reissued. Due to such inconvenience, there are a lot of people who declined to receive the insurance payment, and according to the statistics, it is almost up to 20% in certain areas.Accordingly, there is a solution to shorten or simplify insurance claim processing. The blockchain technology may help in this situation. If blockchain is applied in the insurance industry, an automatic processing for the insurance claims can be developed. Corporations like Samsung SDS is planning on adapting the blockchain technology for resolution of insurance claim processes. In the case of the government facilities, the South Korean government is planning on applying blockchain technology for postal services. Through this, consumers will be able to file insurance claims for medical certificates, prescriptions, and others through the smartphone application without a need to request for the hard copies. It seems that adaption of blockchain technology will reduce the hassle of submitting insurance claims and this will reduce the number of people not willing to go through the pro the insurance claims because of the inconvenient processes.Not only such cases above, blockchain based insurance settlement processing system already passed the development stage and it is being commercialized. IBM is already prepared to launch the system for the insurance industry and in parts of Asia, there is a medical service center that is using the blockchain application with the mobile processing of the medical insurance, that takes only a few clicks and minutes to process.TEMCO’s GUHADA platform will simplify insurance processing as well. If there is a transaction of counterfeit items within the “GUHADA” platform, the purchasing party will be compensated through the insurance company that GUHADA is affiliated with. It is easy to assume that consumers who purchase luxury goods from a 3rd party or an open market platform may have doubts about the authenticity of the goods. So, the platforms employ a compensation contract in order to protect the consumers and provide authentic luxury goods.However, what if we find out that certain item was a counterfeit, how would we be compensated? First of all, in order to be compensated for the counterfeit product, we would have to contact the seller who signed the compensation contract. In such cases, there are sellers who are willing to settle, and others who block the contact. Also, the open market platform does not compensate for the item either, so it is difficult to say that it is an insurance.But in GUHADA’s case, it is different. By connecting with an insurance company, GUHADA platform will upload the entire process to the blockchain through the use of the smart contract. Not only that, entire transaction records of the insurance process, until the payment is issued are upload to the blockchain. Also, if it is found to be that the consumer’s product is a counterfeit, the consumer only has to report that the product is a counterfeit and the insurance company will verify all the data in the blockchain about the transaction, then the settlement will automatically be processed. Because of the blockchain’s transparency, such insurance process is possible.It is very rare to see that a 3rd party platform would employ such ensuring system. GUHADA platform differentiates itself from other open market platforms by the insurance system using blockchain technology. Also, GUHADA is a revolutionary open market luxury goods platform in such a way that it simplifies the insurance settlement process through the use of blockchain.It is expected that GUHADA platform will not only increase the trust of the consumers of luxury goods but also simplify the insurance claim processes. Also, from product registration to user login, product sales, delivery process, transfer of ownership, and applying of insurance, the entire transaction records of the supply chain process will be upload into the blockchain for the purchases and sales in GUHADA platform. The innovation of simplified insurance claim process and blockchain’s special characteristics applied to GUHADA platform will have a great influence on the 3rd party open market platform industry.The authenticity of luxury items insured through blockchain was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 03. 13
Adaption of Blockchain
Application of blockchain in unexpected areasAs the adaption of blockchain is increasing in diverse areas, and the blockchain is actively considered in some unexpected areas as well. This year, the blockchain technology seems to be actively commercialized and many companies are adapting blockchain technology. Blockchain technology is not only used in commonly known blockchain based payment systems but also the data for the organ donation, sharing of genetics data, renewable energy development and other industries as well. Recently, the blockchain based renewable energy project had been introduced as well. Also, a company in Swiss is developing a blockchain based medical platform to match the organ donors with the patients for efficient medical performance. From renewable energy to organ donation, blockchain can help humanity more than we can imagine in various sectors.Blockchain’s capability is receiving much attention from many industries, but the most important aspect of the blockchain is the immutable data technology. The specialty of the blockchain is receiving much attention from the industries that need the transparency of the data and determining the authenticity of the products. For example, blockchain technology can be applied in used car markets where the consumer must check the validity of whether the car has been flooded or not. Through the adaption of blockchain technology, verifying the records of the used motor vehicles by transparently sharing the information. Also, a blockchain based electronic document verification system had been developed to fundamentally prevent the unauthorized editing of the documents.Other than such, adaption of the blockchain is active in the art industry as well. Why should blockchain be adapted into managing art pieces? The reason is that the high-priced artworks are sensitive to temperature, humidity, and its environment, so any minor damage can drop the value of the art piece. Also, the investors of the art pieces are sensitive to the authenticity of the works since the art pieces are highly-priced items. When blockchain is adapted into the art industry, the authenticity of the art pieces will be transparently shared through utilization of the blockchain’s specialty of immutable and transparent data.Accordingly, artwork crowdfunding platform Art-Together made a partnership with TEMCO last year and made an announcement to integrate blockchain technology into their platform. Art-Together plans to transparently manage and share the records of the entire supply chain process, from purchase to delivery, storage, and transfer of ownership. Through TEMCO’s blockchain technology, the tracking and transparent management of the art works may become possible. Through this, Art-Together can prevent art-works from minor damages due to the environment. Also, investors of the art pieces can transparently view the information about the artworks that they are purchasing.Art-Together saw that TEMCO’s technology will add transparency to the infrastructure of transactions involving artworks and contribute to commercializing the artworks that are considered as exclusive relic items.CEO of Art-Together, Sang Jun Lee discussed the reasons why Art-Together made partnerships with TEMCO through a media. The CEO Sang Jun Lee mentioned that as he was stressing about managing and tracking the art-works transparently and share the information with the investors, he came to find out about TEMCO, a Bitcoin smart contract-based supply chain data management platform. TEMCO’s blockchain technology shares information transparently with all the supply chain participants, which is in line with the philosophy of Art-Together, who plans to commercialize the art industry.TEMCO’s Bitcoin smart contract-based supply chain data management technology is expected to contribute to accelerating the commercialization of the art industry. Other than that, TEMCO solution will be adapted into many other industries as well. TEMCO solution may be applied to the process during the Blood transfer, delivery of electronic parts, transporting emergency equipment, and reduction of waste and more, in which we can expect to happen soon.TEMCO: World’s First Supply Chain Data and E-Commerce Solution through “Bitcoin Smart Contract (RSK)”Please visit us to learn more about the world’s first Bitcoin smart contract based supply chain data/e-commerce platform!▶TEMCO Official Website: https://temco.io ▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Twitter: https://twitter.com/TEMCOLABS▶TEMCO Reddit: https://www.reddit.com/r/temcolabs▶TEMCO Facebook:https://www.facebook.com/TEMCOLABSAdaption of Blockchain was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 03. 11
TEMCO and Environment Prese...
Blockchain, stepping up for environment preservation; solving fundamental problems with TEMCO’s technology.There had been consistent problems of micro-dust particles in the air in parts of Asia and in Korea recently. Not only trying to solve micro-dust particle problems, but many industries are moving towards restoring the environment. Last year, in light of protecting the environment, many coffee shops in South Korea regulated the use of disposable cups in the cafés, and recently Starbucks had transitioned to using paper-made straws instead of plastic.On the other hand, as the awareness for environmental issues increase, blockchain technology is being presented as a solution for environmental problems. The application of blockchain technology can easily be found in such areas. The globally known IT company IBM developed a carbon emission management system to reduce the micro-dust particle problems in China. Also, Jeju, one of the states in South Korea, is planning on adapting the blockchain technology for waste battery management. Through blockchain, the state plans to manage the waste battery tests, separating and exporting of them during the supply chain process.Nowadays, blockchain especially rising as a revolutionary solution for waste management problem. The ed Arab Emirates announced that it plans to launch a blockchain based waste management permission system. Even a startup called “Gooder” from the United States has launched a blockchain based platform that can reduce food waste. Gooder uses blockchain technology to track the source of the food waste from local restaurants and then repacks and transfers the food waste to facilities that need them.The global IT company IBM came up with a suggestion for solving the problems of waste management as well. During the conference last month, “IBM Think 2019”, the company introduced 5 revolutionary technologies for solving the food shortage problem due to population increase. The technologies that IBM presented for the solution were along the lines of AI, blockchain, IoT etc.IBM expects that blockchain may reduce unnecessary food waste significantly in 5 years. Accordingly, through the use of blockchain, all the producers/distributors of the farmed goods in the supply chain are able to track distribution amount, ordered amount, exporting amount in detail. Through the utilization of blockchain technology, a farmer can find out the number of crops that need to be harvested, and the manufacturer can find out exactly how much they need to order and distribute. Such as this, the blockchain technology will partake in significantly reducing the food waste in the next 5 years.The solution above may be the fundamental method for minimizing the waste prior hand. Also, for this process, it would be best to utilize the blockchain based supply chain data management system to track the logistics process of the waste. However, SMEs do not have the capabilities of the larger corporations that independently operates supply chain data management. But, TEMCO’s supply chain data management platform has the infrastructure that SMEs can utilize for accomplishing the minimization of such waste, by covering just the usage of the smart contract fee that TEMCO’s platform is operated upon.TEMCO connects the entire supply chain process data from the manufacturer to the final consumer through the use of Bitcoin smart contract-based supply chain data management platform. Since TEMCO’s solution uploads entire supply chain process data to the blockchain so that anyone can transparently track consumer purchase information, inventory, and more in an accurate and quick manner. Accordingly, the SMEs that use TEMCO’s blockchain based supply chain data management platform can detect the unnecessary inventory through the saved data on the blockchain and solve the issue of the increased amount of excess materials or the waste.As our environment gets worse and worse everyday, TEMCO is leading to solving such issues about the environment and rising as the fundamental solution for these kinds of problems. It is expected that TEMCO’s blockchain based supply chain data management technology will not only restore the trust that was lost from the consumers but also support the preservation of the environment.TEMCO: World’s First Supply Chain Data and E-Commerce Solution through “Bitcoin Smart Contract (RSK)”Please visit us to learn more about the world’s first Bitcoin smart contract based supply chain data/e-commerce platform!▶TEMCO Official Website: https://temco.io ▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Twitter: https://twitter.com/TEMCOLABS▶TEMCO Reddit: https://www.reddit.com/r/temcolabs▶TEMCO Facebook:https://www.facebook.com/TEMCOLABSTEMCO and Environment Preservation was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 03. 08
GUHADA’s order and payment ...
GUHADA’s Development Process: The Order and Payment ModuleHello, everyone!Another update about GUHADA is here!We are back again to explain about the development process of the GUHADA!This week, let us explain about one of the most important functions of the platform:The payment module!First of all, let’s find out about the overall flow of the module. Just to give you a heads up, you can view the overall process on the blockchain, once the GUHADA is online in the 2nd half of this year!GUHADA’s overall module:1. Product — Register Product/Display/Content Module2. Order — Order/Payment Module3. Shipping — Delivery Policy Module4. User — Seller/Buyer Module5. Board — Community Forum Module6. Point — Points Module7. Claim — Claim Module8. Benefit — Discount/Coupon ModuleCurrently, 1. Product, 2. Order, 4. User, are under the process of development. However, out of all, it is believed to be that the most important part is the Order/Payment module. This process explains the usage of TEMCO token, so it is being developed first.So, let’s find out about the payment module. It will be easier to understand the concept by looking at the image below:First, you would have to select a product that you want to purchase after login into GUHADA, right?After that, you can place the item in the shopping basket and fill out the order form!Then, select the discounts available and make the payment so that the product is ready for shipment. During this period, you might change your mind or because of other issues, you may put in a claim. We are developing such processes in an orderly fashion as well.Order Infrastructure:The above flow chart explains the schematic drawing of the contents from the developer’s point of view.GUHADA Payment ProcessNow that we’ve finished ordering, let’s move onto the most important part, the ‘payment’ process.The flow of the payment system:First of all, we need to use the desktop browser and/or the mobile app to create the order form.After that, we can check the payment method.At this time, GUHADA’s acceptable payments are a credit card, mobile payment, real-time transfer, points, and TEMCO tokens. TEMCO is working on an overall integrated payment system, currently working with Payment Gateway (called “PG”) system companies. After selecting a payment method, we ask the PG company to verify the payment information. When we receive the confirmation from the PG Company, then we process over to the verification process. After this procedure, the payment process is completed.So, let’s take a look at the payment configuration.Payment ConfigurationBefore the next flow, the above diagram is the schematic configuration from the developer’s perspective.The Payment StructureLet’s take a look at the details of the confirmation process in the payment section.1. GUHADA creates immutable payment data through SHA256 hash.2. From the payment page, it converts the form data to produce PG standard for HTTPS (SSL) Post action, then send the material as the payment request data.3. The PG company receives the request and initiates a payment window on the user’s device so that the user can proceed with the payment process.4. After the confirmation of the payment, the returned payment results are posted on GUHADA.Please take a look at the schematic drawing for a better understanding.At this point, the flow is different than the virtual account and other payment methods. [Confirmation/Verification Separate Flow: credit card, mobile, transfer][Confirmation/Verification Integrated Flow, Virtual Account]That’s it for now of the GUHADA’s update!For next time, we will be back with information about the other modules, and the current technology that our developer team is using from the payment module.TEMCO is working diligently on developing the GUHADA platform.Thank you for your support!TEMCO: World’s First Supply Chain Data and E-Commerce Solution through “Bitcoin Smart Contract (RSK)”Please visit us to learn more about the world’s first Bitcoin smart contract based supply chain data/e-commerce platform!▶TEMCO Official Website: https://temco.io ▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Twitter: https://twitter.com/TEMCOLABS▶TEMCO Reddit: https://www.reddit.com/r/temcolabs▶TEMCO Facebook:https://www.facebook.com/TEMCOLABSGUHADA’s order and payment module! was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 03. 07
TEMCO x RFID Technology
TEMCO, increasing reliability and efficiency by use of RFID technology.The cases of using RFID technology to improve reliability and efficiency are increasing around the world. RFID (Radio Frequency Identification), uses electromagnetic waves that is unseen by the naked eye, which sends important data without contact. RFID known as the wireless frequency transmission sends radio waves to transmit data between multiple devices for obtaining data. The RFID technology is being adapted in diverse industries, validating its capabilities and soon, it will expand to various sectors of many industries.Cases of RFID utilization can be easily found in South Korea and other locations in the world. One of the internationally known airlines, Korean Air stated that it has increased the work efficiency by using Zebra Technologies’ RFID technology. Using the RFID technology, Korean Air has reduced the lifejacket management times about 90%, efficiently and accurately completing the tasks. In another case, the NH Nonghyup life insurance has simplified the task completion by adopting RFID based IoT devices.One advantage of using RFID technology is that the products can be created efficiently based on consumer’s needs, through the effective use of the related information stored in the RFID tag. Other than the cases mentioned above, it is being used in areas such as automotive management facilities, harbor containers, and supply chain processes. When RFID technology is used, the return processing time, in general, is reduced about 10 times, import and export processes can be managed efficiently, and the labor cost can be reduced as well. Not only that, the increase in reliability of the supply chain process can be reached by using the RFID to check the information on blockchain quickly and accurately.TEMCO is using RFID for the utilization of blockchain and smart contract technology to transparently share the information during the supply chain process. TEMCO’s vendor verification system uses QR code or RFID technology for the smart tagging process during the product transition between the manufacturer to the warehouse, and from the warehouse to the transporter. The participants of such process can verify the temperature, humidity, and the general environment of the products. All the information can be easily verified through the QR code or the RFID technology so that the products are transitioned safely.Since blockchain connects the isolated supply chain data among the manufacturers, warehouses, and transporters, consumers can receive detailed supply chain data in real-time. RFID technology aids accurate data verification during the process where blockchain connects all the data from manufacture to the final consumer.Also, TEMCO’s passive temperature tagging and RFID temperature sensor technology do not activate regularly, however, when the signal is sent from a scanner, the sensor sends back the temperature in real time. Accordingly, the data obtained from such a process can be view on a mobile app. Through TEMCO’s RFID sensor technology companies can develop cost-effective and efficient inventory management system.On the other hand, for the temperature and inventory management, TEMCO is using Liot’s Technology. Realistic application capabilities of the Liot technology that TEMCO is using was highly valued by RSK when TEMCO and RSK were making an official partnership. Through innovative RFID technology, TEMCO is promoting improvements in the task efficiency for the supply chain data management processes. It is expected that TEMCO will retrieve the reliability and trust that were lost in the existing supply chain data management system and add efficiency to the inventory management process.TEMCO: World’s First Supply Chain Data and E-Commerce Solution through “Bitcoin Smart Contract (RSK)”Please visit us to learn more about the world’s first Bitcoin smart contract based supply chain data/e-commerce platform!▶TEMCO Official Website: https://temco.io ▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Twitter: https://twitter.com/TEMCOLABS▶TEMCO Reddit: https://www.reddit.com/r/temcolabs▶TEMCO Facebook:https://www.facebook.com/TEMCOLABSTEMCO x RFID Technology was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 03. 05
TEMCO’s potential validated...
Recently, the VC capital investments on blockchain industry are attracting a lot of attention since one of the largest investment venture capital institutions in South Korea, the “Korean Investment Partners” have made investments and other large venture capital institutions have been following the trend, realizing the great potential of the blockchain technology.In 2016, KIP invested in Korbit, one of the largest exchanges in Korea, gaining almost 5 times the original investment as profit, confirming the potential of the blockchain industry. During 2017, KIP invested about 5 million in BTC Korea, which runs exchanged called “Bithumb”. Other than that, venture capital institutions such as SBI Investment, Atinum Investment, and more, have invested in the blockchain industry previously.https://cointelegraph.com/news/koreas-largest-vc-firm-makes-first-investment-in-enterprise-blockchain-startupDuring the time, there had been an increase of venture capital investments in cryptocurrency exchanges, influenced by the popularity of the crypto-investing trend, however, KIP invested in blockchain space for the potential of its growth. KIP expected to profit from long term growth of the industry, disregarding the negative news about the crypto-exchanges. Also, KIP has drawn the line for investing in the crypto-based projects themselves by having bases on the analysis of potential impact and growth, in which they will continue to invest in companies with an impactful potential in the society.On one hand, TEMCO became the first blockchain company to be invested by KIP, receiving heightened attention around the world. KIP invested in the largest Korean and international corporations such as KakaoTalk, Naver, DOUBLEU GAMES, Market Kurly, and more, at their initial stages. KIP has been investing basis on the potential success of the companies in the past.https://www.coindesk.com/south-koreas-largest-venture-firm-backs-first-blockchain-startupKIP’s Director of Investments, Kim Jong Hyun have explained previously the reasons for investing in TEMCO through TEMCO’s first meet-up. Kim explained that the reasons why KIP decided to invest in TEMCO were the applicable technical skills and the business model.First, TEMCO’s technology was the major importance of making the decision to invest. The fact that TEMCO will operate upon the smart contract on bitcoin and as the first company in Asia to become a partner of RSK, knowing that the technical aspects of the company are outstanding compared to other competitors.Secondly, Kim approved TEMCO’s business model. TEMCO was approved for the details of utilizing blockchain to develop a business, rather than a blockchain business itself. KIP’s directors thought that many startups and blockchain companies do not have a capability to transform the information in the whitepaper to reality, however, TEMCO is developed upon the solid business model that can produce a profitable outcome.Third, KIP approved of applicability the blockchain. KIP’s Kim Jong Hyun analyzed the applicability of the blockchain and the business model, then found that TEMCO has the potential, knowing that KIP does not make investments in projects that do not have realistic usability capability of the blockchain.https://cointelegraph.com/press-releases/temco-secures-investment-from-no-1-korean-venture-capital-korea-investment-partnersTo summarize, Korea Investment Partners highly valued and invested in TEMCO, because of the business model that TEMCO possesses; connecting blockchain based supply chain data platform, a consumer application, market platform, and the BI-tool all together. Also, TEMCO possesses the technology to make the business model into reality, with the ability to apply blockchain in plausible areas.TEMCO’s securing of the investment from KIP marks a significance in the blockchain space. TEMCO was the first blockchain company ever to be invested by KIP, which is the first time in 30 years of their investment history. Through the securing of the investment, TEMCO proved that existing venture capital may invest in a blockchain company. KIP sees the bright future of TEMCO and the success of the business model just as the many investors and supporters in around the world.TEMCO: World’s First Supply Chain Data and E-Commerce Solution through “Bitcoin Smart Contract (RSK)”Please visit us to learn more about the world’s first Bitcoin smart contract based supply chain data/e-commerce platform!▶TEMCO Official Website: https://temco.io ▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Twitter: https://twitter.com/TEMCOLABS▶TEMCO Reddit: https://www.reddit.com/r/temcolabs▶TEMCO Facebook:https://www.facebook.com/TEMCOLABSTEMCO’s potential validated by KIP was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 03. 04
TEMCO’s E-commerce Luxury Market Platform GUHADA’s BI-colorHello, everyone!Just want to quickly mention about our design update!At this time, we would like to explain the details about TEMCO’s open market platform, GUHADA’s BI-color scheme.The color for GUHADA’s branding design through the psychology of color.We are surrounded by color every day and everywhere.If you take a closer look at what is near, you can tell that the objects are made of many colors and shadows.Many people are not sure of how diverse certain objects are. However, color greatly influences our actions and feelings. It is based on the psychological research of color scheme.Enough with the meaning of the colors, let’s talk about GUHADA’s brand design color.What is psychology of color?The psychology of color is part of the discipline that focuses on the influence of color on human beings. The important fact is that without us knowing, color influences us. When we acknowledge the colors with our eyes, that is when the color changes our behavior and chemicals. Color relates to the hormones in the brain that influences our feelings and thoughts.Recently many researchers have researched such concepts of color, and there are lots of logical explanations that you can obtain. Psychology of color is used in industries including business, marketing, design and many more.A successfulness of a product depends on the color of it. The carefully selected color makes the user commit certain actions. Based on Colorcom’s research, judging on a product without careful consideration takes less than 90 seconds, and the judging is about 62% to 90% based on the product’s color. So, the base knowledge about the psychology of color will be useful for product re-iteration. In addition, a carefully selected color increases the usability of the product.Meaning of GUHADA’s colors“Main Color- Purple”The color purple represents royalty and luxurious feeling. The reason for that is because many Kings have worn purple, and it is a great representation of luxurious products. The color purple is also known as a mysterious color and as a magical color with the energy of blue and balance of power and safety.“A combination of Red and Blue: the meaning of purple”GUHADA is Coming SoonTEMCO: World’s First Supply Chain Data and E-Commerce Solution through “Bitcoin Smart Contract (RSK)”Please visit us to learn more about the world’s first Bitcoin smart contract based supply chain data/e-commerce platform!▶TEMCO Official Website: https://temco.io ▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Twitter: https://twitter.com/TEMCOLABS▶TEMCO Reddit: https://www.reddit.com/r/temcolabs▶TEMCO Facebook:https://www.facebook.com/TEMCOLABSGUHADA’s BI-color was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 02. 27
Increasing consumer trust: ...
The credibility of GUHADA’s authenticity verificationIncreasing consumer trust through the performance of GUHADA’s luxury item authentication, as part of the blockchain verification system.Companies around the world are currently focused on developing various blockchain based verification systems. Recently, many large corporations in Korea and around the world are focusing on the integration of blockchain technology and as part of this movement, they are developing Blockchain Identification systems.Accordingly, LG CNS from South Korea joined the world’s 3 largest blockchain consortiums and is active in the blockchain related developments. Last year in June, LG CNS with Korean Minting & Security Corporation ordered development of blockchain-based platform businesses and is working on providing such services as mobile coupons, document certification, digital identifications and more.Last week, SK telecom gained a lot of attention through their introduction of mobile identification that can be used across borders. Also, SK Telecom has a history of partnering with Deutsche Telekom. SK Telecom is planning on commercializing the blockchain-based mobile identification in the future.On the other hand, Chain Partners have partnered with Sovrin Foundation and they are currently developing blockchain-based verification system, “Sovrin Network”. Previously, during the personal verification process through the mobile application, the personal information had to be verified by a third party; and during this process, the personal information was vulnerable for exposure. However, Sorvin Network reduces the vulnerability of the risk of hacking and personal information exposure, also increase security through the blockchain-based verification system which will get rid of the third-party access to the information.Not only that, Samsung SDS last year had finished the development of blockchain-based verification system for BankSign. BankSign seems to be moving towards simplifying the complication that involved the extension of the verification forms and bank registration process through the developed technology. Also, based on the specialty of the blockchain, manipulation of the data is inevitable, so there is an advantage in the fact any modification of the verification form is prevented.At this point, TEMCO applies blockchain technology at the significant part of the GUHADA platform, the luxury item authentication. Of course, the storing of product information and payment system are important as well, however, it is best to solve the issue of luxury item authentication with the blockchain technology, which is the most applicable solution. In TEMCO’s GUHADA platform, authenticity certification form, the unique registration number, and others in the blockchain. In a case of storing hard copy of the authenticity certification information into the blockchain, it will be more convenient to manage the certification information and easy to use when it is needed. As such, TEMCO is applying the blockchain verification system in a realistic situation (GUHADA) and through this, TEMCO is making one step closer to becoming a leader of the luxury market industry.Not only using such system above but also, GUHADA is planning on providing the GUHADA certification. With GUHADA certification, there is no need for another authenticity verification, so anyone can purchase luxury goods with reliability. Also, the purchase records are stored in the blockchain, making it easy to find out the number of transactions and how many possessed the goods before purchasing.GUHADA will go further than just part of the luxury market industry by developing a platform that consumers can trust. Also, consumers can gain knowledge about the luxury goods in general, through the active participation in the community within the GUHADA platform. GUHADA platform will become the innovative platform in the luxury market industry by providing a practical solution for filtering out products so-called “counterfeits”.TEMCO: World’s First Supply Chain Data and E-Commerce Solution through “Bitcoin Smart Contract (RSK)”Please visit us to learn more about the world’s first Bitcoin smart contract based supply chain data/e-commerce platform!▶TEMCO Official Website: https://temco.io ▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Twitter: https://twitter.com/TEMCOLABS▶TEMCO Reddit: https://www.reddit.com/r/temcolabs▶TEMCO Facebook:https://www.facebook.com/TEMCOLABSIncreasing consumer trust: GUHADA was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 02. 27
The Innovation of TEMCO and...
The ‘hot wallet’ feature in Galaxy S10: How will it influence the blockchain space?Samsung’s smartphone galaxy S10 which is planned to be released this year has been gaining much of positive attraction since it comes with the blockchain’s keystore feature.There are many hot wallets currently at existence, however, the Knox platform that already is in the Samsung smartphones will have the highest quality of the security and usability.According to Jay Park of Lambda 256 research,“we have to focus that you can save the personal key in TEE which is the secure location within the Samsung Galaxy, and the signature functions that is based on it. Through this, we can develop a highly usable and secure cryptocurrency-based Apps.”TEE (Trusted Execution Environment), that is Samsung Knox utilize, is a processor that is separated between the normal and secure processing areas. Accordingly, the secure area stores transaction information, confidential documents, and biological data; also, the data exchange between the normal area is prohibited. Since Samsung Galaxy S10 is one of the widely known smartphones, the adaption of cryptocurrency wallet may lead the commercialization of cryptocurrency to the public.Especially, as the convenience of cryptocurrency payment system increases, it may have a positive influence on various cryptocurrency-based projects that placed the token economy as their main part of the projects.https://medium.com/temcolabs/temcos-e-commerce-platform-guhada-bf806373c3ceSimilarly, TEMCO is in process of developing a token economy within supply chain data management platform that uses TEMCO tokens to pay for the service fees. Also, the e-commerce open market platform that TEMCO is developing, ‘GUHADA’ will use TEMCO token payment feature. Other than that, TEMCO will provide the payment feature on GUHADA platform that will be on IOS and Android OS, for easy use of the tokens in Galaxy S10. This function will provide convenience to the users of the smartphones that have built-in cryptocurrency wallet features, allowing easy payment system. The previously limited to the number of users in the cryptocurrency market will now be opened to the normal everyday users, proceeding with the commercialization of the cryptocurrency.Even with such great innovation of the ‘hot wallets’, it is difficult not to raise the fact that it may have some security issues since it is connected online. Recently, there were MEW (My Ether Wallet) emails that circulated around to steal cryptocurrencies through hacking, also the cases of hacking of hot wallets in exchange platforms. Because of such incidents, many tend to keep their crypto assets in cold wallets. A cold wallet keeps the crypto assets in hardware that is disconnected from online, which is opposite of the hot wallet concept, and there are few cold wallets that feature such functions, such as D’CENT, Nano-Ledger S, and more.https://journal.com.ph/technology/gadgets-and-apps/crypto-hardware-wallet-dcent-announces-wallet-development-updates-iosAccordingly, the D’CENT cold wallet from IOTrust supports not only the ERC-20 based tokens but also the tokens that are RRC-20 based, meaning that TEMCO tokens can be stored in D’CENT’s cold wallet as well. The fact that you can manage different cryptocurrencies from one hard wallet, the wide range use of the cold wallets is expected. Also, the various chip-based construction of the wallet and the OS within the cold wallet prevents the access of the wallet features and the assets without the appropriate verification. Also, through the release of D’CENT’s IOS compatible cold wallets, the widespread cold wallet innovations are expected.After the speculation of investment storm as passed, the realistic use and user-friendliness of the technology are increasing; the Galaxy S10’s cryptocurrency wallet leads as a symbol for commercialization of the cryptocurrency payment system.However, to prevent the security issues raised about the hot wallets, the cold wallets as well need to work on improving its security. It would be interesting to focus on how such cold wallets as the D’CENT cold wallet from IOTrust that supports IOS will do, to expand to more users in the future.TEMCO: World’s First Supply Chain Data and E-Commerce Solution through “Bitcoin Smart Contract (RSK)”Please visit us to learn more about the world’s first Bitcoin smart contract based supply chain data/e-commerce platform!▶TEMCO Official Website: https://temco.io ▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Twitter: https://twitter.com/TEMCOLABS▶TEMCO Reddit: https://www.reddit.com/r/temcolabs▶TEMCO Facebook:https://www.facebook.com/TEMCOLABSThe Innovation of TEMCO and Samsung was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 02. 25
TEMCO’s journey in 2018!
Hello, TEMCO here!Today, we would love to share the journey in all around the world of TEMCO last year.The first stop of NEW YORK and it was the Consensus 2018!New York Consensus 2018TEMCO x RSK the first meeting @ New York Consensus!Consensus 2018 was held for the fourth time by the CoinDesk, the most influential crypto currency media, and received more attention than ever before.It was one of the largest conferences held in 2018.From New York Consensus, TEMCO team met with RSK, ICON and more, most importantly, TEMCO team met RSK for the first time!Also, it was a place where our TEMCO New York based members could participate together with members from Korea.It seemed that most of the influential projects, investors and blockchain related companies have gathered together, shared business insight.Next up is the conference from Korea which was also one of the biggest in 2018!Korean Blockchain Week (Beyond Blocks)Korean Blockchain Week hosted by Beyond BlocksBlock Chain Week is a global blockchain conference usually held in the financial hub cities of New York, Bangkok, Tokyo and more. And this time, Korea hosted the Block Chain Week where blockchainers were able to share business insights with experts!It was a such big conference about the size of the New York Consensus. TEMCO team also participated in the overall event and met the TLDR team for the first time! During the week, there were so many blockchain related events, parties and so on!It was a place where TEMCO team could see the influence of Korea’s blockchain market, and TEMCO’s popularity started grow.And at the event, TLDR team had more than 30 meetings with different projects, but decided to work with TEMCO since TEMCO’s solution was the most impressive and with this opportunity, TEMCO has started to work with the most influential and passionate advisory group in the blockchain industry!Now, let’s see what happened in India!International Blockchain Conference in IndiaIBC (International Blockchain Conference)As a major conference held in India,the center of tech, TEMCO team headed for Hyderabad in India.There are so many tech related projects and the Indian blockchain fever was hotter than the hot weather in India.In the future, TEMCO is expected to collaborate with many tech-related geniuses in India.Big investment institution of Russia, Crypto Bazar was also collaborated with TEMCO and as well as many interesting companies had interacted with TEMCO. And the blockchain conference in India was enough to feel the heat of India’s blockchain and sought to collaborate with successful projects such as Nucleus Vision!Now, let’s check what happened at Marina Bay in Singapore!Singapore consensusTEMCO x TLDR meetingTEMCO has also been to the Singapore consensus, the second consensus conference of 2018, by CoinDesk. the most influential crypto channel in the blockchain space! TEMCO has been able to hear industry advice from various companies by individual meetings.First, TEMCO had a meeting with QCP Capital, a Singapore-based investment company, to advise on industry-wide issues. Secondly, TEMCO was able to get so much advice on the business from innovated supply chain protocol company, VeChain, which already has a similar business like TEMCO.Finally, TEMCO also had a meeting with a global investment and advisory firm who has partnered with TEMCO, the TLDR.Also, TEMCO created a GSLA (Global Supply and Logistics Alliance) and welcomed the Logistics X, the Singaporean blockchain based logistic project into the first alliance member and promised to solve the localization problem for supply chain space.The next stop is Bangkok.Bangkok Beyond BlocksGSLA’s (Global Supply Chain and Logistics Alliance) first private party in BangkokAs you all know, TEMCO’s parner D’Cent demonstrated their first RRC-20 supportive cold wallet with TEMCO at Beyond Blocks in Bangkok, Thailand.TEMCO was official sponsor of Beyond Blocks in Bangkok, held private parties with TLDR and GSLA members and met influential blockchainers throughout.Especially, the GSLA private party was very successful, Home Platform company from Thailand joined the GSLA as the fifth member.The next time is Las Vegas!Las Vegas Block showThe Block Show in Las VegasThe Block Show Las Vegas exchanged the latest updates on the impact of the blockchain on key industries and the latest technical and legal aspects.TEMCO participated the Block Show with Blockchain I who has been working with TEMCO from the beginning of the project and discussed the direction of the project with global advisors like Jaron Lukasiewicz, TLDR, and more.TEMCO received a lot of attention and hospitality from industry in U.S.A. and people around the world who attended the Block Show.Now, let’s go to Dubai!World Blockchain Summit in DubaiWorld Blockchain Summit in Dubai, TEMCO sponsored.Dubai is just around the corner from the beginning of blockchain era, so TEMCO team visited to spread the technology. Dubai has announced that they will build a blockchain based government by 2020.TEMCO team joined the conference as an official sponsor and felt the TEMCO’s reputation was gone higher since the beginning of the project.Also, TEMCO has met promising projects like Healthdex, and promised the future collaboration.Finally, let’s go to Chile where TEMCO team spent 30 hours on flight!Chile LabitconfLaBitConf, hosted by RSK. TEMCO joined as an official sponsor.LaBitConf is the TOP conference when you look at the scale of the world’s best blockchain conferences. TEMCO participated with RSK and D’Cent as a official sponsor of LaBitConf, and everyone from Latin America was interested in TEMCO’s technology.TEMCO team showcased about the supply chain blockchain solution to each and every single person who stopped by the booth.Moreover, TEMCO had met with such influential blockchain companies like KoiBanx, BitMain, Slush Pool, and more and discussed for future collaborations.The heat of the conference was as hot as the passion of South Americans!▶TEMCO Official Website: https://temco.io ▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Twitter: https://twitter.com/TEMCOLABS▶TEMCO Reddit: https://www.reddit.com/r/temcolabs▶TEMCO Facebook:https://www.facebook.com/TEMCOLABSTEMCO’s journey in 2018! was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 02. 24
TEMCO, applying blockchain ...
Entering Vietnam food market with 2 Korean companies through the application of distribution tracking and verification using blockchain.There is a great increase in the number of Korean food companies who plan to adapt blockchain technology to manage food distribution records.HANMIRAE FOOD CO. LTD (Seasoned Seaweed products) and DONGUI-CHOSUKJAM (spring water) announced that they plan to make exportable seaweed and spring water with the application of TEMCO’s blockchain technology.The reason both companies plans to apply blockchain technology to exporting of seaweed and spring water is that they want to increase the transparency in their manufacturing and the distribution process as well as to show they can produce high-quality products.The related industry personnel mentioned that:“By manufacturing exportable seasoned seaweed and spring water products, both companies are planning on challenging the Vietnam seasoned seaweed and spring water market.” Also, “Through the blockchain’s verification technology, plans to expand not only the high product quality, but also create an image of competitiveness of food products made in Korea.”CEO of TEMCO, Scott Yoon, stated that:“I feel glad that TEMCO can contribute to increase reliability of the products by product record management that utilizes blockchain technology.” And “Blockchain’s product verification system may become the standard for reliability of the product hygiene and safety.”Both companies are also planning on increasing product reputation and entering into Vietnam market by increasing reliability of the products through star marketing, also planning on marketing for exporting at the same time. Keeping up with the fast-changing exporting trend, application of blockchain technology and continuous Vietnam marketing, both with international competitiveness.Original Content (KR): http://gametoc.hankyung.com/news/articleView.html?idxno=50849About HANMIRAE CO. LTD:HANMIRAE FOOD CO. LTD is a manufacturer that hit the goal of 100 million in revenue for the exporting of seasoned seaweed products. It is a professional exporting company that exports 99% of its products. Through the dedicated staffing in international locations, overcoming the basic market management but making the taste of the seasoned seaweed domestically and adjusting the development of the exporting countries, leading the globalization of the Korean Seasoned Seaweed.About DONGUI-CHOSUKJAM:DONGUI-CHOSUKJAM, is a distributor of Jiri-san (a popular mountain known for clean spring water) spring water, exports spring water to China, US, Australia etc. that is based on the “Chosukjam” which a location is where the spring water is pumped that is not well known to many average persons. The company has been approved for exploitation of high quality and distribution outlet, have been selected as Jiri-San spring water exporter for Vietnam. Currently being circulated in Korea as well, the Jiri-San spring water, with its release, has been loved by the consumers for high quality.TEMCO: World’s First Supply Chain Data and E-Commerce Solution through “Bitcoin Smart Contract (RSK)”Please visit us to learn more about the world’s first Bitcoin smart contract based supply chain data/e-commerce platform!▶TEMCO Twitter: https://twitter.com/TEMCOLABS▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.ioTEMCO, applying blockchain to expand exports in the Vietnam food market! was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 02. 22
GUHADA, solving luxury mark...
The authenticity of luxury items is solved through blockchain based e-commerce platform, GUHADA!As blockchain is being utilized by diverse industries, it seems that blockchain will affect greatly to the luxury market industry as well. The reason why blockchain may affect greatly in the luxury market industry is that through blockchain, all the information that is uploaded can be shared and viewed transparently, which reduces the possibility of forgery from the source. Because of this specialty, blockchain technology can be applied to many industries, such as supply chain industry where it needs transparency of the distribution records, food industry where it needs the verification of the origin of ingredients, insurance industry, where it has difficulties in organizing documents, and luxury market industry where it needs authenticity of the luxury goods and more diverse industries.It is expected that the blockchain technology will shine in the luxury market industry, which had been dealing with “counterfeit” items for many years. When someone purchases or sells used luxury items, the authenticity certification or genuine material certification plays a significant role. It is the luxury market that many “counterfeits” appear can cause problems, without the genuine material certification, it is very difficult for anyone to trust the luxury goods. Because of such issues, the online community that transacts used items often asks for authenticity certification as a requirement at the point of transaction. However, loss of the certification happens from time to time. So, what can you do when you lose or can’t find genuine material certification?GUHADA, the open market e-commerce platform that TEMCO is developing will solve such problems. The problem can be solved by GUHADA because the product and certification numbers are uploaded into the blockchain. Blockchain has its immutability of the data that once the data is upload to the blockchain it cannot be manipulated and you don’t have to worry about losing the hardcopy of the genuine material certification. Also, when the users are authenticating their products, they can utilize such information and use it when it is needed conveniently. To repeat, in a position of selling used luxury goods, it is easy to manage authenticity certification of the luxury goods, consumers can feel safe and use trustworthy information.Also, most of the luxury market platforms make refund promissory note or a contract in order to seek responsibility for selling counterfeit items. However, this kind of contract is in a simple format online, and there is a possibility that authenticity data can be changed, also an issue of having a strictness of the refund contract, which leads to reliability issue. However, in GUHADA, if all the requirements are satisfied, it creates a contract that proceeds to the transaction that uses smart contract. In ‘GUHADA’ the sale of counterfeit items is strictly managed, and it is more forceful so that consumers can purchase products safely, and it is much more reliable than other luxury market platform.In addition, GUHADA issues a ‘GUHADA’ certification when the product goes through all the verification process of authenticity certification and purchase receipt and more. After that, when you are selling the product as used, there is no need for the re-verification process since GUHADA certification can be used, which make it convenient. Also, you can easily register the product using recorded information that was uploaded through the smart contract. The consumers can assume that it is a reliable product when they notice that it has GUHADA certification.GUHADA plans to solve the problems that luxury market platforms have, which is verifying the authenticity of the products through the blockchain technology. GUHADA may play a big role in the Korean luxury market industry, which is the 4th largest in the world.TEMCO: World’s First Supply Chain Data and E-Commerce Solution through “Bitcoin Smart Contract (RSK)”Please visit us to learn more about the world’s first Bitcoin smart contract based supply chain data/e-commerce platform!▶TEMCO Twitter: https://twitter.com/TEMCOLABS▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.ioGUHADA, solving luxury market problems was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 02. 21
Reward based SNS: TEMCO Poi...
Increasing of Reward based SNS: TEMCO Point System ReviewRecently, there had been a lot of attention from the public towards social networking sites, since these sites are preparing to utilize blockchain technology. As various social networking sites are looking to utilize blockchain and cryptocurrency technology, the era of earning money through content creation and activities in social networking sites is starting.One of the representative cases is “Steemit”. The platform rewards its users with ‘STEEM’ for their activities on the Steemit platform, such as creating or reacting to contents, etc. The ‘STEEM’ that they earn through the activities on the platform can be converted into ‘Steem dollar’ or ‘Steem Power’, and the ‘Steem Dollar’ can be exchanged with fiat currencies.In Korea, a social networking platform called ‘Cyworld’ is in a process of adapting blockchain technology to show its second primetime since its popular start in the early 2000s. At the point of going downhill due to the rise of Instagram and other SNS from around the world, Cyworld will reborn as reward-based SNS. Activities such as writing and liking the contents will be rewarded with ‘Coconut’ points. Also, you can convert ‘Coconut’ points to ‘Cling’ and trade in the exchanges.Also, the world’s largest social media such as Facebook plans to enter the blockchain industry, gaining much attraction around the world. Facebook was spotted on acquiring a blockchain startup called “Chainspace”. In addition, Facebook currently is recruiting for blockchain related positions through their official website. As Facebook shows the blockchain industry-related activities, predictions about “Facebook coin” is carefully being spread out.As major SNSs in Korea and around the world are adopting the method of reward-type tokens, TEMCO platform’s point rewarding system is receiving heightened attention as well.Accordingly, TEMCO platform is under the development stage, at a similar pace. The TEMCO market platform’s community expected to be under development based on the token and point concept of the token economy. On TEMCO’s blockchain based market platform, vendors and consumers will be rewarded with points. The users are rewarded with TEMCO points, through the participation activity of content creation, replying to comments, general review, product review, authenticity verification and more; these points are converted into TEMCO tokens for purchasing products etc. In addition, when the points are used, users can take advantage of the benefit in the platform and increase of revenue for the vendors.TEMCO tokens are used for Smart Contract usage, purchasing of the products within the platform, and other various ways. TEMCO’s e-commerce market platform will develop a professional level of community through the token economy and TEMCO point policy, attracting active and voluntary participation of the users. Moreover, development of the token payment method of GUHADA platform is in progress, other than that, payment through a credit card, bank account, coupon, and points are being developed as well. When the token payment system is developed, GUHADA will be the first generation of platforms in the e-commerce market that utilizes cryptocurrency for payments, which will contribute to the commercialization of the cryptocurrency payments, which is very significant.The goal of TEMCO team is to launch TEMCO’s market platform in the 2nd half of this year, so the development is in progress. Currently, there are 16 developers, each of them working full-time on login, search, community, blockchain, cryptocurrency, keyword search sectors of the backend, with the completion of the planning. TEMCO’s market platform is expected to have much influence in the field of e-commerce market as well as the cryptocurrency markets.Thank You for supporting TEMCO!TEMCO: World’s First Supply Chain Data and E-Commerce Solution through “Bitcoin Smart Contract (RSK)”Please visit us to learn more about the world’s first Bitcoin smart contract based supply chain data/e-commerce platform!▶TEMCO Twitter: https://twitter.com/TEMCOLABS▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.ioReward based SNS: TEMCO Point System Review was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 02. 20
TEMCO Luxury Market Platfor...
At this time, we would like to explain about GUHADA’s brand design progress.Through the hard work of TEMCO’s design team, the design concept and details below are made.First of all, the brand justification was selected!The secure and verified luxury market:→ Through the professional community, verifying the authenticity of the luxury items. (The Vendor Verification System (VVS) The brand justification of GUHADA→ If you look closely, you can see the idea bank of the design team in the background for the branding.Next, we’ve selected the Keywords for the branding:→ Harmonious → Essential → Refined→ Through the brand design keywords, we decided to select the design essence.→ Based on this background, we have several options for directions of the BI design concept.We’ll continue next time for the updates on branding selection process!Thank You for supporting TEMCO!TEMCO: World’s First Supply Chain Data and E-Commerce Solution through “Bitcoin Smart Contract (RSK)”Please visit us to learn more about the world’s first Bitcoin smart contract based supply chain data/e-commerce platform!▶TEMCO Chatroom: https://t.me/temcolabs▶TEMCO Official Website: https://temco.ioTEMCO Luxury Market Platform: GUHADA’s BI Branding was originally published in TEMCO on Medium, where people are continuing the conversation by highlighting and responding to this story.
19. 02. 20
유통의 탈중앙화 '템코(TEMCO)'
By 최강막내 | Feb 06. 2019 | 623 read
안녕하세요 블록체인 분석 블로거 최강막내입니다. 오늘 소개해드릴 블록체인 프로젝트는 템코입니다. 최근에 프리세일을 진행하고,캐셔레스트와 코인베네에 상장한 ICO입니다. 먼저 간단한 템코 소개영상 보실까요? https://vimeo.com/269160110템코 프로젝트 계기 최근 소비자와 기업은 먹거리 안전 등 발생하는 유통 문제에 대해서 업체가 어떤식으로 물품을 유통하는지 과정에 대해투명하게 알고 싶어하고 기업은 이러한 공급망 정보를 활용하여 현재의 문제점을 파악하고 기업의 경쟁력을 키우고 싶어합니다 그러나 지금의 서플라이체인은 자본이 많은 대기업 많이 대규모 투자를 통해 물류 정보를 한정된 공간에서 특정한 몇몇 사람만이 기록하고 열람할 수 있었습니다. 하지만, 블록체인을 이용한 서플라이체인 시스템을 이용하게 되면 그 한계를 대규모 인프라 투자를 하지 않아도데이터 업로드 비용만으로 누구나 물류 정보를 연결하고 공유할 수 있게 됩니다.이러한 인프라를 구축할 수 있는 프로젝트가 '템코' 입니다. 템코 프로젝트 목표 템코(TEMCO)는 제품이 유통되는 모든 과정과 정보를 기업과 소비자 등 밸류체인에 참여하는 모두가 공유하거나 연결할 수 있는 혁신적인 비트코인 기반의 블록체인 플랫폼입니다. 템코(TEMCO) 플랫폼을 통해 기업은 물류 과정에서 기록되는 모든 데이터를 제공받으며 이를 기업 가치를 높이는 데에 활용할 수 있고, 소비자도 물류 정보를 확인함으로써 안심하고 제품을 구매할 수 있습니다. 템코의 통합 서플라이 블록체인데이터 중심의 스마트 공급망 솔루션템코는 블록체인 기반 스마트 컨트렉을 통해서 제품이 유통되는 구조마다 정확한 물류 정보가 블록체인에 담길 수 있도록 합니다.즉 제조업체, 창고업체, 운송업체, 유통업체, 최종 소비자를 하나로 연결해서 물류 정보고 실시간으로 공유될 수 있도록 합니다. 사용자간의 높은 연결성QR 코드 등 스마트 태깅을 통해 제조업체부터 소비자까지 이어지는 제품의 물류 정보를블록체인 프로토콜을 통해 장부로 저장합니다.모든 참여자가 템코 플랫폼에 접속할 수 있는 생태계를 구성하여 모든 물류정보를 하나로 묶습니다. 물류정보의 신뢰성최종소비자를 제외한 모든 유통 생태계 참여자는 템코 프로젝트가 이행하는벤더 검증 프로그램을 거쳐서 물류/유통 가이드를 준수하도록 합니다.이 정보를 통해 소비자의 신뢰를 받을 수 있게됩니다. 물류정보의 투명성 및 안정성네트워크 기반 블록체인을 통해 저장되는 물류정보는 사용자에 의해 분산, 공유되며시스템 내에서 불특정한 노드들을 통해서 검증됩니다. 템코 플랫폼내에 발생하는 정보는 분산화된 서버에 저장해서제 3자에 의해 악용되거나 트래젝션이 변경되는일이 없도록 합니다. 템코는 대부분이 물류업체가 정보화의 필요성을 인지하지만 높은 비용 문제로 투자에 소극적인 부분을 개선하려는 프로젝트 입니다. 벤더검증 시스템템코는 제조업체 창고업체 유통업체를 대상으로 벤더 검증 시스템을 운영한다고 합니다. 벤더 어플리케이션을 통해서 공급사들은 업체이 따라 사업자 등록증, 공장등록원, 인증 정보(유기농, 친환경 등) 등을 통해서 검증을 거쳐야한다고 합니다.이렇게 검증된 공급사만이 템고에서 제공하는 물류 솔루션 서비스를 이용하여 소비자와 소통할 수 있게 됩니다. 소비자는 공급사들의 정확한 정보를 소비자 애플리케이션을 통해 확인하고, 소비자가 구매한 제품이 어떤 공급사를 통해서 유통했는지 알 수 있습니다. 루크스탁과 템코 세계 최초 비트코인(RSK) 기반의 서플라이 체인 데이터 플랫폼 템코(TEMCO) RSK(루트스탁)는 템코의 어드바이저인 가브리엘 컬만이 공동설립을 하였습니다. RSK는 비트코인 위에 분산화된 프로그래밍의 핵심 기술인 ‘스마트컨트랙’을 적용해 프로그램을 주고받으며 다양한 앱을 운용할 수 있는 최초의 ‘비트코인 댑(dApp) 플랫폼’이다. 비트코인 위에 다양한 형태의 사업이나 서비스를 탈중앙화 앱으로 제공할 수 있는 환경을 만들었습니다. 이러한 RSK의 첫 공식 아시아 파트너사인 템코는 블록체인 기술을 통해 기존의 단절된 공급망을 연결하고 데이터를 활용할 수 있는 서비스를 개발하는 스타트업입니다. 블록체인에 축적되는 데이터를 효율적으로 활용할 수 있도록 돕는 분석 툴인 BI (Business Intelligence) 툴을 기업들에게 제공합니다. 또한, 소비자들이 더욱 투명한 유통과정을 실시간으로 모니터링할 수 있도록 소비자 전용 애플리케이션을 개발합니다. 쉽게 설명하자면 RSK는 비트코인이 스마트컨트렉트기능을 이용할 수 있게 만들어 줍니다.. 즉 템코는 비트코인의 댑이 되는것이라고 정리할 수 있습니다.이것은 비트코인이 단순 가치저장수단이아닌, 기존 1세대 코인으로 불리던 문제를 해결함으로써, 이더리움, 이오스, 에이다와 경쟁할 수 있는 2세대 3세대 코인으로 발전할 수 있게 됩니다.템코 토큰 이코노미 템코(TEMCO) 토큰은 스마트 컨트랙 이행 비용 지불, 제품 구매 등에 사용할 수 있는 핵심 지불수단으로서 외부 거래소와 연결되는 경제활동의 주요 매개체입니다. 이와 더불어 선순환하는 생태계를 위해 소비자들은 템코(TEMCO) 에서 제공하는 스마트 스캔을 통해 제품의 생산에서 판매에 이르는 유통 이력을 투명하게 확인하고, 제품구매 후에는 리뷰 및 공감 등으로 커뮤니티에 참여할 수 있으며, 포인트로 보상을 받게 됩니다. 이때 지급받은 포인트는 토큰으로 변환 가능합니다.이와 더불어 템코의 서비스를 100% 활용하기 위해서는 참여자들이 일정 토큰을 스테이킹 해야합니다. 이러한 템코의 토큰 스테이킹 모델은 향후 유통되는 총 유통량의 25%까지 락인 시키는 효과가 있어서 토큰 보유자들의 가치를 높여주고 안정적인 가격을 형성하는데 도움을 줍니다.이 외에도 국내 VC(벤처캐피탈) 1위인 한국투자파트너스로부터 블록체인 프로젝트 최초로 투자를 유치했습니다.‘템코’ 블록체인 물류 SCM 플랫폼 개발 착수[교통신문 이재인 기자] 물류 솔루션 dApp 개발사 TEMCO(템코)가 블록체인 물류 SCM 플랫폼 개발에 착수한다.이는 한국투자파트너스로부터...www.gyotongn.com한국투자파트너스 김종현 이사는“템코가 구상한 블록체인 기반의 공급망 플랫폼은 Business Intelligence (BI) 툴, 마켓 플랫폼, 모바일 앱 등이 상호 긴밀히연결된 견고한 비즈니스 모델”이라면서 “템코가 상용화할 수 있는 기술력을 보유한 것으로 평가됨에 따라 이번 투자를 결정하게 됐고, 향후 한국투자파트너스가 보유한 다수의 비즈니스 파트너들과의 협업을 통해 활성화되길 바란다”고 설명했습니다.국내에서 블록체인 투자 탑으로 불리는 파운데이션 X와 파트너십과 투자 유치까지 성공해서 상당히 기대할만한 국내 블록체인 프로젝트라고 생각합니다.템코, 파운데이션엑스와 파트너십 맺고 투자 유치까지 성공비트코인(RSK) 기반의 서플라이 체인 플랫폼 스타트업 템코(TEMCO, 대표 윤재섭)는 암호화폐 벤처캐피탈(VC) 겸 액셀러레이터인 파운데이션엑스(Foundation X)와 파트너십을 맺고 투자 유치에 성공했다고 18일 밝혔www.etnews.com퓨처플레이의 파트너이자 파운데이션엑스의 황성재 대표이사는 “이번 파트너십 결성을 통해 파운데이션엑스와 템코는 국내 최초의 비트코인 기반 dApp을 개발할 뿐만 아니라 블록체인으로 물류 시장에 혁신을 불러올 것”이라며 “블록체인에 저장된 데이터를 기업들에게 BI(Business Intelligence) 툴로 제공하여 많은 양의 데이터를 효율적으로 사용할 수 있는 기반을 마련할 것”이라고 기대감을 드러냈습니다.. “템코가 RSK와 같은 훌륭한 기술 파트너가 함께하고 있고, 그 외에도 글로벌한 파트너십을 꾸준히 쌓아온 것 같아 투자를 결정했다” 파운데이션엑스는 템코의 투자자이자 액셀러레이터의 역할까지 할 파트너로 다양한 방면에 걸쳐 ‘특급 지원’을 할 것으로 예상됩니다. 템코의 기술을 발굴하여 이에 대한 투자를 하고, 템코의 암호화폐공개 관련 자문 및 지원, 비즈니스 모델 개발 자문 등을 통해 템코가 성장하는데 큰 도움이 될 것입니다. 템코 최근 소식템코, 헥슬란트와 MOU…블록체인 기술 공동 연구데이터 플랫폼 템코는 블록체인 기술 연구소인 '헥슬란트'와 MOU를 맺었다고 14일 밝혔다.이번 MOU를 통해 템코와 헥슬란트는 비트코인 스마트컨트랙(www.etoday.co.kr템코, 헥슬란트와 MOU…블록체인 기술 공동 연구이번 MOU를 통해 템코와 헥슬란트는 비트코인 스마트컨트랙(RSK)을 지원하는 지갑을 지원하며, SK플래닛의 시럽 월렛 토큰뱅크와RSK 기술을 협업하고, 기타 양사에서 필요한 블록체인 기술과 관련해 연구를 진행할 것이라고 설명했습니다.템코, 블록체인 투자 기관 '넥서스 원'으로부터 투자 유치 - 'Startup's Story Platform’세계 최초 비트코인(RSK) 기반의 공급망 플랫폼 스타트업 템코(TEMCO)는 한국 탑티어 블록체인 전문 엑셀러레이터인 NEXUS ONE(넥서스원)으로부터 투자를 유치했다고 25일 밝혔다. NEXUS ONE이 투자를 결정한 템코는 퍼블릭 블록체인인 비트코인 기반의 공급망 플랫폼 솔루션 개발 스타트업이다. 기존의 단절된 공급망을 연결하여 데이터가 블록체인에 축적되고 …platum.kr템코, 블록체인 투자 기관 ‘넥서스 원’으로부터 투자 유치 NEXUS ONE의 김성구 대표는 “템코팀은 팀원이 하나가 되어 비전과 열정을 갖고 짧은 시간안에 빠른 속도로 사업을 디벨롭해가고 있을 뿐만 아니라 높은 사업 모델 실현 가능성을 갖고 있다”며 투자배경에 대해 설명했습니다.국내 블록체인 물류 기업 템코, 싱가포르 업체와 MOU 체결비트코인 블록체인 기반의 공급망 플랫폼 템코(TEMCO)가 싱가포르 물류 기업 로지스틱스X(LogisticsX)와 업무협약(MOU)을 체결했다...it.chosun.com국내 블록체인 물류 기업 템코, 싱가포르 업체와 MOU 체결로 해외 진출을 위한 발판을 마련했다고 합니다. 템코는 또한 로지스틱스X와 '글로벌 공급망 물류협회(Global Supply Chain & Logistics Alliance GSLA)를 발족했다고 지난 7일 발표했습니다. GSLA에는 스위스 비트나우틱(BitNautic), 싱가포르 드롭체인(DropChain) 등이 참여한다고 합니다 템코 토큰분배 안내 탄탄한 투자유치와 파트너쉽으로 앞으로의 성장 가능성이 큰 프로젝트라고 생각합니다.블록체인이 정말 필요하고, 쓰여야 하는분야에 사용함으로써수요와 공급이 적절하게 이루어짐으로써 코인의 가치는 형성되고 시세가 만들어집니다. 투자자라면 한번쯤 생각해볼만한 프로젝트가 아닐지 !! ㅎㅎ 자세한 토큰이코노미와 심층분석은 추후에 포스팅해보도록하겠습니다. ‘모든글은 기사, 백서, 공식 홈페이지를 참고해서 작성했습니다.’투자자의 이해를 돕기 위한 분석글임으로 대략적인 기술만 첨부하였습니다템코 공식 사이트 : https://temco.io/#/블로그에 포스팅하고 스크랩해서 가져오는데 자료가 많이 깨지네요 ㅠㅠ 글을 추가적으로 올리면 엔터할때마다 어마어마한 줄이 내려가버려서 댓글로 추가적인 정보 적으려고 합니다. 템코는 공구방에서 한참전에 개당 14원에 팔렸다구 합니다. 그부분이 오피셜이 없는 단계지만 실제로 14원에 구매하신분들이 공식방에서 피드백을 요구하고 있습니다. 실제 ICO 에서는 개당 7원 정도에 형성되었구요. 캐셔레스트 캡마켓 상장문제와 상장시간 미정으로 템코회사와 투자자간의 소통문제가 현재 대두되어지고 있습니다. 현재 캐셔레스트에서는 개당 2.5원에 거래되고 있습니다. 저는 템코 프로젝트를 긍정적으로 생각하고 매수를 하려고 생각중이었으나, 현재 이와같은 변수들도 존재하고, 로드맵상으로 템코의 이코노미가 돌아가려면 19년 3분기 인것 같더라구요. 개인적으로는 7월부터 매수하지 않을까 생각중입니다. 템코 투자하신분들이 이 댓글을 보면 욕을 하실수도 있겠지만, ㅠㅠ 저는 어느정도 리스크가 해소되고 템코의 제품이 나오는 시점에 맞춰서 투자하고 싶다는... 하핫 !
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