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Supply Chain Resolution and Partnerships – TEMCO – Medium

Supply Chain Resolution and Partnerships – TEMCO – Medium

Supply Chain and Logistics Innovation Through Partnerships

TEMCO

Contemporary society has more and more demands as the technological advancement is prominent. There are many products and services out in the world that can boost quality of life through the use of technology. Through the technological advancements, we expect higher quality products without thinking about how and where the products come from. As many of us know, blockchain can connect isolated data and make them more sensible. It is a phenomenal technology that can change the world. From this, we can expect higher quality products and find out how and where the products come from.

As blockchain becomes more and more popular, it is evident that the technology is enhancing as a practical application for the real world.

So, what can we do with this great technology?

To support the integration of blockchain into existing systems, TEMCO made many partnerships, working to elevate the quality of life through this renowned technology.

Based on TEMCO’s potential, and so many appraising the integration of TEMCO solution into current supply chain management, there are partners who truly believe that TEMCO can aid their business planning and increase revenue, at the same time deliver quality products to consumers.

Check out TEMCO’s partners and how TEMCO solution can be applied to the operation of each individual partnership:

  1. 6gram — a company that started in 2017, dedicated to the development of high-quality online meat market that everyone can trust. The startup introduced same-day delivery for the meat, “Meatquick”, a service that delivers freshest meat products on the same day from the slaughterhouse to small restaurants and consumers. “Ma-Jang-Dong Cow Thieves (Ma-Jang-Dong So-Do-Dok-Don)”.
  2. Home Platform — a company that is developed on “Homeprise” technology (where individuals who are passionate about technology and home decoration get together to build a platform which has never seen in Asia). “Home Platform” is the first to incorporate blockchain technology in the interior design industry by utilizing Homeprise’s existing database, users, and technology of.
  3. Art-Together — the first crowdfunding platform that specializes in shared-art. Art Together raises funds in the form of crowdfunding and transfers all the ownership of the artwork to the crowdfunding participants. Then, the profit made from exhibiting artworks is distributed to the investors.
  4. Logistics X — a last-mile logistics company, envisions that the trustless nature of the platform will provide the foundation for a harmonized ecosystem, between the different stakeholders involved in the last-mile process such as the third-party logistics companies, e-commerce retailers, logistics couriers and end recipients. Logistics X is a proud member of GSLA, a Global Supply Chain and Logistics Alliance created by TEMCO, an alliance of companies to overcome the barriers of localization in the supply chain and logistics industry.
  5. Nenia — an eco-friendly food distribution company. Founded in 2004, Nenia produces safe and clean food products from eco-friendly ingredients. Nenia creates around 20M USD in revenue, it has more than 100K active users
  6. Balky — a medical IT company that specializes in delivering innovative and user-focused, partnership ecosystem-based IT solution that combines social medical knowledge platform with information about medical products and pharmaceutical medicine operating system.
  7. Blusis — a company that provides the most optimized solutions for suppliers of food ingredients and public schools meals, also a data service technology for the distribution of food ingredients.

All the partners mentioned above have significant influence in the supply chain industry since they all provide consumer products and services. However, it isn’t always easy for everyone to verify the quality and information of the products.

TEMCO, at an initial stage, wondered how blockchain technology can fit into improve such difficulties in product authenticity and reliability. Also, TEMCO thought that in order to deliver quality products, a transparency in the distribution process is required.

So we found a solution. Through blockchain and smart contract, we can provide ways to share the supply chain information with everyone; Bitcoin Smart Contract based Supply Chain Data Platform by TEMCO.

Discovering the higher value of the blockchain other than its use for cryptocurrency, integration of the technology can bolster the quality of everyday life. As the partners decided to cooperate with TEMCO to improve the current supply chain systems and quality of the products, TEMCO is in process of developing a solution for everyone’s needs.

With the partnerships and the real use case in mind, TEMCO team understands specific needs of consumers, vendors, and small to mid-sized business (Enterprises) for the public blockchain, rather than private, as those large corporations are working on.

Let’s make the quality solution together and increase the standard of living!

Thank you for supporting TEMCO!!

Please stay tuned for announcements and exciting news!!

Published at Tue, 29 Jan 2019 04:18:04 +0000

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Ether Price Analysis: Bears Chasing Back a Bullish Price Rally

Ether Price Analysis

Following a devastating bear market last week, several major market players saw a reversal pattern called a Double Bottom Reversal.  For reference, please check out the previous BTC-USD market analysis where an in-depth description of Double Bottom Reversals is outlined.

ETHUSD Double Bottom.pngFigure 1:  ETH-USD, 4HR Candles, Gemini, Double Bottom Reversal

The buy-back volume seemed very promising on the reversal pattern and it even saw textbook characteristics of a healthy bull rally.  However, if we take a closer look at the market move, we can see something slightly concerning regarding the health of the bull trend.  To gain some insight, let’s examine the finer points of the reversal pattern:

ETHUSD Failed Retracement.pngFigure 2:  ETH-USD, 30Min Candles, Gemini, Failed 100% Retracement

The most immediately concerning aspect of this bull run is the failed test of the 100% Fibonacci Retracement.  Typically, a healthy Double Bottom Reversal that leads to a prolonged bull run will test the 100% retracement value (sometimes several tests are required) and ultimately yield higher values as the volume supports market interest.  However, in our case, not only did this market move see a rejection of the 100% retracement line, but it also continued a trend of decreasing volume.  Decreasing volume shows the declining market interest in these high values, and it doesn’t offer much in the way of support for the bullish trend.

The second concerning element of this bull run is the retracement it is currently seeing:  The market is testing the 61% Fibonacci Retracement values which coincide with a significant level of support for this run (shown in orange).  At the time of this article, this run tested the support level three times and is now moving on to test the 61% value.  These lower values are paired with increasing spikes in sell volume.  

On the higher timescales, the MACD (an indicator of market momentum) still remains on the bullish side but is beginning to head toward bearish values.  The 4-hour MACD has flipped to bearish, and the current market doesn’t show any indication in the near future of slowing its downward climb.

In order to maintain the support at the 61% value, we will need to see an increase in buy volume to stymie the slowly descending trend we are currently witnessing.   In the coming hours/days, if the market fails the test of the 61% line, we can expect the following support levels:

ETHUSD Next supports.pngFigure 3:  ETH-USD, 30Min Candles, GDAX, Expected Support Levels Following 61% Failure

During both the previous bear run and the formation of the Double Bottom Reversal pattern, we saw levels of support/resistance at the 50% retracement values (shown in pink) and the 38% retracement values (shown in green).  A further test of those values will prove crucial if the ETH-USD markets are to remain in this pseudo-bullish trend.  Failure to see a significant increase in volume will undoubtedly lead to another bear market situation.  Given the declining volume throughout this entire reversal, at this moment I’m inclined to lean more toward a bearish outlook in the near future.  Until volume begins to pick up, the market will continue to slowly hemorrhage as market sentiment declines.

Summary:

  1. Double Bottom Reversal failed the test of the 100% retracement from the previous bear trend.

  2. Until a significant increase in volume is seen, the market will most likely continue this descending trend.

Trading and investing in digital assets like bitcoin and ether is highly speculative and comes with many risks. This analysis is for informational purposes and should not be considered investment advice. Statements and financial information on bitcoin Magazine and BTCMedia related sites do not necessarily reflect the opinion of BTCMedia and should not be construed as an endorsement or recommendation to buy, sell or hold. Past performance is not necessarily indicative of future results.

The post Ether Price Analysis: Bears Chasing Back a Bullish Price Rally appeared first on Bitcoin Magazine.

Goldman Sachs Still Not Ready to Hold Crypto Assets

BTCMANAGER Goldman Sachs Still Not Ready to Hold Crypto Assets Goldman Sachs digital assets market head brushed off the possibility of the bank holding crypto assets for their customers, saying that it’s still unviable from […]

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