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TE-FOOD | Hidden Gem with Huge potential

TE-FOOD is the world's largest publicly accessible, farm-to-table food traceability system. It's a ready product with live operation. Started in 2016, it serves more than 6000 business customers, and handles 400,000 transactions each day; with over 34M people served. TE-FOOD is the only fresh food ecosystem which integrates supply chain companies, consumers, and governments/authorities to improve food safety, eliminate food frauds, and decrease costs of the supply chain companies.

Two-token economy

Now, this is the one of the most interesting parts of TE-Food. In a medium article awhile back, they stated that they will implement a two-token economy in which there will be a TFD token, but also a TFS token; to be used as a transaction token. It is currently in concept.

Its own blockchain will launch in Q3. Masternodes and other node systems are being considered by the team. They are working closely with regulatory committees and governments to make sure their product abides with international trade laws.

PARTNERSHIPS-

Nongshim Data System

  • Sales and implementation partner of TE-FOOD in South Korea. The first step of the partnership is a pig and cattle pilot project, preferably including suppliers connected to** Nongshim’s Mega Mart retail chain**.
  • Strategic partnership provides the necessary food industry insights, supply chain and **governmental connections,**and IT implementation skills which help the implementation of TE-FOOD’s food traceability system in South Korea
  • NDS also worked on IT projects for several South Korean government bodies, including the Ministry of Food and Drug Safety, and the Korean Atomic Energy Research Institute.

BIG GROUP S.r.l

  • Will provide sales and implementation capacity towards potential Italian customers.
  • The CEO and founder Stefano Sermenghi graduated in Economics & Business at the University of Bologna, he has twenty-five years of experience in the food & beverages industry as international top manager, travelling in more than 100 countries worldwide, becaming a proud ambassador of the “Made in Italy!”.

Laurel

  • Laurel is the leading retail technology provider in Hungary. It provides POS Solutions, Store Management Systems, In-Store Marketing Tools, and Inventory Management systems since 1993.
  • Laurel will implement TE-FOOD’s traceability system in Hungary for retail companies, and will be the distribution partner of TE-FOOD pysical identification materials.
  • Laurel’s customers include companies like TESCO, Metro, Auchan, IKEA, SPAR, Adidas, Butlers, Coca Cola, Hervis, Bauhaus, Praktiker.
  • They are acclaimed partners of IBM, Fujitsu, NCR, Microsoft, Oracle, Toshiba, Symphony, LSRetail, etc.

TE-FOOD joins R&D project to develop AI based meat quality checker application

Sankofa

  • Sankofa will help TE-FOOD to enter the West African markets, consulting government authorities, negotiating with supply chain companies, and managing implementations / trainings.

GS1

  • GS1 is a not-for-profit organisation that develops and maintains global standards for business communication. The best known of these standards is the barcode, a symbol printed on products that can be scanned electronically. GS1 barcodes are scanned more than six billion times every day.
  • GS1 has 112 local member organisations and 1.5 million user companies.

Telenorma

  • Telenorma AG is a trusted solution provider in the German retail sector. Telenorma will implement TE-FOOD's traceability system in Germany for retail companies.

Other existing retail partners which are already using TE-FOOD supply chain tech includes Auchan, Big C, JAPFA, CITIMART, COCO MART, LOTTE MART. More partners can be seen in their website (te-food.com).

As confirmed by TFD Team, there will be more exciting announcements and partnerships to be ironed out.

With all these affiliations, I just don't know where we will TFD be in the coming months and years.

Website: https://te-food.com/

CMC: https://coinmarketcap.com/currencies/te-food/

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TE-FOOD | Hidden Gem with Huge potential TE-FOOD | Hidden Gem with Huge potential Reviewed by paksvideo on May 22, 2018 Rating: 5

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