Hello guys!

In Korea, its gotten cold during past couple of weeks. Not sure how the other side of the world is like but hopefully, this winter won’t be as cold it was last year.

Today, as I have announced on previous article, I’ve talked with my CEO and one of the TEMCO co-founders, Scott Yoon.

Scott received bachelor’s degree in business administration and economics from Stony Brook University, New York and master’s degree in accounting at UIUC. Then he worked as an FX trader, equity manager, financial analysist, IR Group manager at POSCO, which is one of the biggest steel manufacturers in the world. He became interested in blockchain while working as an IR manager and founded TEMCO with 10 year long friends. Currently he is working hard as CEO of TEMCO and he makes many executive decisions about direction of the business.

Since he led the foundation of TEMCO, he would like to share how the TEMCO project was born and vision for TEMCO in the future.

Q) Before getting started, we want to hear some things about ‘Singapore Consensus’, Do you have anything you want to share?

A) I can summarize ‘Singapore Consensus’ with just one word, ‘segmentation’. There were different businesses such as capitals that are investing, advisory firms, token matrix, smart contract services, exchanges, community managing service, hedging service, etc. These businesses were mingled into one so coherently at Consensus.

I personally think that the reason for diversification of businesses is the passions of people in the market. People who are enthusiastic and interested in blockchain are forming the market and eventually, I believe this is how market making is done successfully.

Q) How did you come up with the idea of TEMCO project?

A) In 2012, I got a chance to know about blockchain for the first time. Since I was an FX dealer, I got interested in cryptocurrency naturally. Also, I was always interested in platform business model in general. Recently, there have been so many business models using blockchain technology and I thought that most ideal form of business model would be a platform using supply chain data.

Accordingly I was also interested in contribution to the society. I once questioned, ‘do the consumers trust the sellers and the products that they consume?’ Through this process, TEMCO team and I had come up with the idea of business intelligence tool, consumer application and blockchain based supply chain management system.

Q) What is the future expectation for TEMCO? Maybe 10 years from now, what do you want TEMCO to be?

A) After 10 years, I believe that TEMCO can be one of the worldwide supply chain platform company that utilizes large amount of data, perhaps in size, similar to Bloomberg. Also, I want TEMCO to be a company that everyone wants to work for.

We have talked about the past and the future of TEMCO with Scott. In the next article, I would like to share the current status of TEMCO with our chief operations officer!

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[Quick View of Upcoming Contents]

Preface. Introducing the Members of TEMCO!

1. Founding Fathers of TEMCO ①, Brian Lee

2. Founding Fathers of TEMCO ②, Scott Yoon

3. Founding Fathers of TEMCO ③, Hongsub Lim (Up next!)

4. TEMCO’s Self-sufficient Marketing Manager, Saerom Hong

5. TEMCO’s Developer Who Loves to Write on Blogs, Kyungchul Kim

6. TEMCO’s Top Tier Designer, Sunasuna

7. TEMCO’s Marketing Manager from US, Jon Kim

8. TEMCO’s №1 Business Manager, Joey Cho

9. TEMCO’s Developer who is Omnipresent, Chris Hong

Epilogue. Defining TEMCO in a Different Way

[About TEMCO]

TEMCO is developing a supply chain platform based on RSK bitcoin network. Using blockchain technology, we connect isolated supply chain systems and offer data services. Companies can obtain business intelligence tool for business insights. Consumers may track supply chain data in real time and there will be an online market platform of TEMCO for cryptocurrency.

[About RSK]

RSK Labs is the first smart contract platform that is pegged with bitcoin. It is a blockchain powered by bitcoin with the advantage in fast transaction speed and low transaction cost.