[ANN] TEMCO and Klaytn Partnership

TEMCO
TEMCO
3 min readMay 30, 2019

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Dear TEMCO community,

We are pleased to announce the official partnership of TEMCO and Klaytn as of 30 May 2019. Klaytn is blockchain platform company from South Korea’s №1 mobile messenger application provider “Kakao”.

“Kakao” is the largest mobile messaging application company that provides various services throughout numerous different countries. Kakao’s main service, the messaging application known as “KakaoTalk”, serves over 50 million monthly active users across 130 different countries. Kakao also provides services in a variety of business sectors, including shopping, banking, transportation and more.

“Klaytn” is a public blockchain platform that plans to provide the best UX for all users, thus maximizes DX for developers providing services to the end-users. Klaytn’s UX eliminates the traditional inconveniences such as wallets, private keys, and cryptographic addresses thereby lowering the barriers to blockchain technology for the end-users. Including its enhanced performance of 1,500 TPS, Klaytn also provides stable network operation, having the nodes separated into specific layers of functions, such as consensus mechanism and network audit.

Klaytn makes partnerships with leading enterprises in various industry domains. With its focus on mainstream adoption of blockchain-empowered services, Klaytn selects top companies with high potential for success, as TEMCO being one of them.

TEMCO’s main objective is to create a perfect solution for blockchain based supply chain data management system and an e-commerce platform, GUHADA, and TEMCO will contribute to the popularization of Klaytn blockchain through the partnership. The business model and the concept of both companies line up with each other by developing services that provide the best DX and UX for developers and end-users.

The CEO of Ground X, Jaesun Han mentioned,

“I’m glad to acquire TEMCO as a partner company, whose skills and abilities have been approved by Korea Investment Partners. We will develop Klaytn for users and developers so that they can conveniently access blockchain’s features and functions.

“By working with various partners similar to TEMCO, we will focus on the improvement of the user experience, facilitating the development of the blockchain space.”

Scott Yoon, CEO of TEMCO stated,

“Through the partnership, we are expecting to add fuel to the commercialization of the blockchain based services. I agree with the vision of Klaytn about reducing the barriers on usability difficulties of blockchain based services.

Also noted that,

“As TEMCO continues to develop a convenient and trustworthy e-commerce platform, “GUHADA” for vendors and consumers of luxury and high-end brand products, Klaytn will continue on its development of blockchain service that provides the convenient user interface for developers and end users.”

TEMCO is klaytn’s initial blockchain service partner, expecting mass user adoption of blockchain based e-commerce platform, “GUHADA”, through the partnership.

About TEMCO

TEMCO is a company developing a blockchain based supply chain data management and an e-commerce platform for luxury goods; working to provide blockchain based API services to companies for efficient supply chain data management and e-commerce platform businesses. Additionally, TEMCO is developing a BI tool (Business Intelligence tool), planning on becoming a total IT solution company.

About Klaytn

Klaytn is a blockchain platform providing an easy development environment and friendly end-user experience. It is built upon solid reliability and significant stability with substantial service development for mass adoption. The platform allows real-world applications of large scale to be produced right away so that our end-users can make full use of services without much expertise in blockchain or cryptocurrency. Klaytn seeks to convey the value and potential of blockchain technology to people.

TEMCO: Innovative Supply Chain Data Management and E-Commerce platform through Blockchain and Smart Contract Technology.

▶TEMCO Chatroom: https://t.me/temcolabs
▶TEMCO Official Website: https://temco.io

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TEMCO
TEMCO
Writer for

Blockchain-based Supply Chain Data Management and E-commerce Open Market Platform, GUHADA.