[ANN][ICO] TE-FOOD: World's largest fresh food supply ecosystem on blockchain

[TOM47]

TE-FOOD progress report 2.




Token economy
We announced the token economy we have been working in the past period. The two-token economy will provide possibilities for a lot of use cases for the future. We know that a lot of details are missing about the second token, but we already see foundations and we can build on it.

Business strategy for Q2, 2018
We published the strategy we will follow in Q2.

TL;DR:

Roll outs and new implementations in Vietnam
Seeking for implementation partners internationally
Seeking for cooperation partners to provide value added services
Keeping ourselves to the roadmap
Increasing marketing efforts

Meat qualiy checker R&D project
We joined a consortium to develop a mobile app based meat quality checker application for consumers. The consortium won more than 1 million USD national R&D grant. As technology evolves, it provides possibility to develop applications using mobile phones, artificial intelligence, and blockchain, which formerly were not available to the public.

Although this is an R&D project, therefore the output is uncertain, we believe such application can get TE-FOOD a lot of publicity and a new revenue source.

Partnership with Laurel

We partnered with Laurel, the leading retail technology provider in Hungary.
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.
The partnership aims to sell and implement TE-FOOD in Hungary, utilizing Laurel’s food industry connections as well as their 25 years of retail experience.

Seed & Chips
TE-FOOD will participate on the Seed & Chips Global Food Innovation Summit 2018 in Milan, Italy, as an exhibitor.
If you attend, we would be glad if you visit us for a chat.

Roll out in Vietnam
We have so many progress in Vietnam, that it would be a long read itself, so let the photos speak.

New web site
We finished our new web site.

https://medium.com/te-food/te-food-status-report-2-7d27d2bf7ce9

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[Steals84]

Looks interesting! I’m waiting for more details about project

And im waiting for a new good exchange. Gate and IDEX are too small

[nicole74859]

Invested in your project, it looks amazing and I can’t wait for the creators to reveal more about this

[opium]

Work is on, the market has grown a little, the price has also grown. If this continues, it is more likely that more liquid (centralized) exchanges will appear and, accordingly, the price will be even higher. I wish that the team would succeed.)

[2012]

Work is on, the market has grown a little, the price has also grown. If this continues, it is more likely that more liquid (centralized) exchanges will appear and, accordingly, the price will be even higher. I wish that the team would succeed.)

This project is already operational providing their services this is big difference which attract more people to invest into this token. I have very strong believe in future this will be among top projects because of professional team.

[89shaky]

Every day more and more people try to adhere to proper nutrition and I think that this platform, which is aimed at ensuring safety in the food industry, can become quite popular

[satrum]

"TE-FOOD improve farms with deep data analysis and suggestions"  added for voting, proof and forecast on YEENOT TODAY https://yeenot.today/catalog/news/235
6000+ business customers, 400000+ transactions per day, 34M people served.

[TE-FOOD]

Work is on, the market has grown a little, the price has also grown. If this continues, it is more likely that more liquid (centralized) exchanges will appear and, accordingly, the price will be even higher. I wish that the team would succeed.)

Thank you for the support!

[mcfom]

Project has strong use case and such project's presence is necessary in this field. It is little bit longer than technical projects but once it is reaches at significant progress all the gains will last more. Market was showing good reaction to its price after the small updates were released on social media. I am among long term holder to wait where it takes me it with.

[trader_999]

The company has a strong footprint in Vietnam, but their ability to replicate the success to other countries is unproven because the food and agriculture industry in each country is very different.

[abonarea]

They have very attractive targets on roadmap to acquire and project is moving well. It is the nature of this kind of business that it requires more time. Let's say in couple of years from now it will have become well established and globally recognized business seeing the current work and pace can be predicted. This latest progress report contains plenty of interesting facts and plans for coming weeks.

[Emilytran]

This is a very promising project because the food industry is very key to we humans. But how do you hope to impact other developing countries especially African countries with your project? I wish you guys luck.
egretia

[filsid]

TE-FOOD technology brings halal food chains on blockchain
https://medium.com/te-food/te-food-technology-brings-halal-food-chains-on-blockchain-f26fbee05b6b

TE-FOOD’s technology will be utilised on two pilot projects in June 2018 with HALAL TRAIL™️, a UK based company, to track chickens and lambs from farm to table, through the halal food chain.

The pilots will be implemented through a new collaboration with HALAL TRAIL who have developed innovative halal traceability solutions with TE-FOOD. HALAL TRAIL will be the first solution to expand to all global halal food markets, and provide food traceability and quality verification services for the sector.

From the 7.6 billion people in the world, almost 2 billion are Muslims. The halal method in the food industry refers to the permissible or lawful way of preparing food and drinks according to Islamic law. Due to religious reasons, this enormous market of Muslims consciously seeks trusted, halal certified sources when they buy food. Their motivation to check the source is very strong.

According to industry estimations, the global halal food market will reach USD 2.55 trillion by 2024.

Food traceability combined with blockchain technology is the solution which can give Muslims peace of mind that their food was prepared according to Islamic law.

TE-FOOD’s traceability processes were specifically developed for HALAL TRAIL to trace halal food. The solution is under testing before the pilots start in June 2018.

TE-FOOD and HALAL TRAIL will create the pilots in Lancaster, Tunbridge Wells & Manchester, U.K. as a reference to be implemented globally.

[barto123]

Another 2 reasons TFD worth hodling apparently a dual token like NEO is coming, TFS.
and....Masternodes! (Haven't heard the required amount though)

Can anyone confirm?

[sergeygusev69]

Tell me, how is the project now? the platform is already running? How is it going? Is it possible to work and in what countries does the platform work?

[mcfom]

These two pilot projects planned for next month are going to take Te-Food at new advanced level of recognition and let the world know about its effectiveness from tracking to keep record of food related everything. Now tokens are very cheap and that's why not everyone is aware pf this but future holds good value for these.

[CORNEL]

There are so many wonderful reasons to hold this token for long term it seems upcoming releases will push this to the mainstream. This project is backed so many professional who have great experience into this field that is why it looking promising tech.

[barto123]

There are so many wonderful reasons to hold this token for long term it seems upcoming releases will push this to the mainstream. This project is backed so many professional who have great experience into this field that is why it looking promising tech.

As soon as the bulls return to bitcoin again this will go with it.

TFD has so many good reasons to hodl

Patience, always

[tsedor]

As everyone knows that food supply business is a very lucrative business and emerging countries are indeed in dire need of food traceability system. So, TE-FOOD is a very promising project. 

[jackmuu]

Check out this TE-FOOD (TFD) review & price prediction by Cryptolite:

https://bestcrypto.tv/1675/te-food-tfd-review-price-prediction-2018/