[NEWS] TEMCO, applying blockchain to expand exports in the Vietnam food market!

Entering Vietnam food market with 2 Korean companies through the application of distribution tracking and verification using blockchain.

TEMCO
TEMCO
Published in
3 min readFeb 22, 2019

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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=50849

About 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.

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