ICO listing: TE-Food ico

tffood ico
ICO TE-FOOD

TE-FOOD

Ended ICO : 08/01/18 – 15/02/18

TE-FOOD, the world’s largest publicly accessible, farm-to-table food traceability system is moving to blockchain and tokenization.

TE-FOOD is a successful farm-to-table livestock and fresh food traceability solution, focusing on emerging markets. Since 2016, TE-FOOD has been implemented in Vietnam. As a farm-to-table solution, TE-FOOD tracks the items through the whole supply chain (farm, slaughterhouse, wholesaler, retailer) and provides tools to both consumers and authorities to gain food history and food quality insights. TE-FOOD has grown to over 6000+ business customers, tracking 10,000 pigs, 200,000 chickens, and 2.5 million eggs daily. In 2018, it will expand to track cattle, fish & seafood, and fruits & vegetables.

TE-FOOD provides physical identification tools, mobile and web based software solutions in a PPP model (low upfront fee, and long term contract). TE-FOOD charges for the identification tools, and the transactions in the system. Our customers are governments, private companies, and professional organizations.

TE-FOOD is a traceability solution optimized for emerging markets. It’s the cheapest solution on the market, with no need for special equipment. Business model fits local markets, making it a profitable business. Our detailed, practical implementation guide ensures scalability in other countries.

TE-FOOD is a joint project of a Hungarian and a Vietnamese company, currently employing 25 people. For international expansion, all rights and activities will be incorporated into a new single company: TE-FOOD International GmbH in Switzerland. Leaders of the new company have over 20 years of business and IT experience.

To raise funds for international expansion and development of blockchain transaction ledger. Blockchain provides transparent trust based solution for international operation. Tokenization with smart contracts eliminates volatility as a unified financial transaction management solution.