South Korea’s Biggest VC Firm Chooses EOS-Based Project

[kreslik.news]

The biggest investment company in South Korea has invested money in an EOS-based blockchain project.

Specifically, Korea Investment Partners of Seoul invested in TEMCO. The amount of money has not yet been disclosed.

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Block/supply chain

According to its website, TEMCO offers a blockchain that will support business supply chains. Retailers benefit from the system because product vendors will be verified, data accessible at all times, and smart contracts will enforce transparency. The system also offers data analysis/business intelligence. It is powered by the Bitcoin Network and RSK, the latter being ... (read more)