TE-FOOD-The Best Decentralized Livestock and Production Tracing

Have you known a system that can trace the production? This is about it. Te-Food is a supply chain project which has been successfully implemented in Vietnam since 2016. The Te-Food ecosystem allows any party (businesses and consumers) in the food supply chain to accurately track the origin of each item, from farm to the table. Today TE-Food’s platform has:
6000+ business customers (3100 farms, 3400 livestock agents, 70 slaughterhouses, 35 food producers, 25 veterinary companies, 30 wholesale markets, 190 wholesale distributors, 2600 retailers)
400,000+ transactions daily
30 million users
Tracking 12,000 pigs, 200,000 chickens, and 2.5 million eggs daily.
This year the Te-Food ecosystem will be extended to track cattle, fish & seafood, and fruits & vegetables. Te-Food is starting to expand to other global markets, especially in emerging countries where food fraud is a real pressing issue.
Their Partnership
Unlike most ICO projects which abuse the meaning of the word “partnerships”, Te-Food has not overplayed this card. Hidden midway in their whitepaper you can find a sampling of the 6000+ businesses: many of these are large supermarkets operating in South-east Asia.
Auchan: French retail group with 338,000 employees in 15 countries
Japfa: Listed dairy farming company in Singapore
CJ Group: Listed South-Korean conglomerate (one of the largest chaebols — no need for introduction)
Big C: Thailand’s second-largest hypermarket operator
AEON: Listed Japanese retail chain with 500,000 employees, operates across South-east Asia
CP Group: Thailand’s largest conglomerate (revenue of US$45 billion)
Lotte Mart: Hypermarket chain in Korea (of the vast Lotte Group)
They appear to have cornered the market in Vietnam with partnerships with major distribution points like Vissan, Satra Foods, Mega Market, VinMart etc. Just 18 out of 6000+ businesses on the Te-Food ecosystem If you’re ever in Vietnam, it isn’t too difficult to perform your own due diligence. In this recent picture, on this pack of eggs found in Mega Market, you can clearly see the Te-Food QR code. The app can be downloaded at:
Try scanning this particular QR code
Te-Food app in order to trace the origin of their food products. This is what I call a real partnership, where the love actually goes both ways. It isn’t about paying an Big 4 audit some money and calling them “a partner”. This is the biggest scam I’ve seen in the “partnership story”. Based on their current market penetration, it would not be a stretch to say they can eventually onboard every single food supplier and supermarket in the South-east Asian region which is home to 650m people. Te-Food has a demonstrable track record with some of the top brands which consumers are familiar with.
Here’s the real killer: The Te-Food team was invited to present to the United Nations (FAO) and the European Parliament on separate occasions. For a company’s management to be able to access and present to the highest levels of international governing bodies, the team obviously checks the boxes of legitimacy & real-world impact.
FAO is an agency of the United Nations that leads efforts to eradicate hunger
Erik (CEO) presenting to Albert Dess
Those based in the US or Europe may fail to understand how big these partnerships are in Asia. Try asking anyone who lives in South-east Asia about Big-C, Japfa, CJ Group. A simple google search will also tell you how big these companies’ operations are. Having taken a closer look at the competition, I can confidently say that there is not a single supply chain project on the face of the planet, certainly not even VeChain, which has close to the adoption rates that Te-Food has already secured. Simply said, Te-Food is light-years ahead of VeChain, Walton, Modum, Ambrosus, Wabi as Te-Food has already begun creating that ecosystem and basically linking the entire supply chain together. The other supply chain projects are still mostly in trial mode! By my own estimates it would take a minimum of 3–5 years for competitors to scale to TeFood’s ecosystem size.
6000+ businesses connected in Te-Food’s ecosystem, need I say more?
A food trace-ability ecosystem benefits from a global network effect as much as any cryptocurrency does. With food supply chains increasingly cross-border in nature, Te-Food will benefit tremendously as it is already plugged deep into South-east Asia — one of the largest food producers and exporters in the world. No matter which part of the world you’re in, you can be fairly certain some of the food you’re eating now either came from a South-east Asian country.
This is why a lot the international governing bodies see Te-Food as a potential partner in the food safety revolution. Te-Food is also partnered with GS1, furthering their legitimacy. GS1 is an organization that sets standards for supply chain data.
The process is receives data from its sensor hardware, and the third party traceability / logistics solution of the customer. This means the system requires that the supply chain companies use a third party system to identify the animals/food products, and bind manual data to them. This structure predetermines that Ambrosus can be used in regions like Europe, where at least internal (within a supply chain company) traceability is commonly used. As TE-FOOD’s target markets are emerging countries, where traceability, and even logistics systems are rarely used, a top-to-bottom solution is a better fit. While it can provide solution for larger companies to interface the data from their own traceability / logistics solution, it also provides easy-to-use mobile client applications for those companies which don’t use any tracking software.It has to be noted, that the sensor hardware of Ambrosus is planned to be more cutting edge than the one of TE-FOOD. While both solution monitors and logs item movement, and environmental conditions of transported items, Ambrosus’ sensors assess and monitor the food’s physical attributes too.
I urge everyone to DYOR, rather than buying into the hype of “partnerships” surrounding other supply chain projects, most of whom do not deserve their existing the valuations. Do give the whitepaper a read: it’s far more detailed than most ICOs and covers competition, SWOT, business plan, token ecosystem, facial recognition for cattle in partnership with some Australian company, livestock management etc. New opportunities feed off itself in a virtuous cycle with its existing 6000+ clients.
Allocation of revenues
Allocation of revenues is detailed in the White Paper. Its existence serves informational purposes, and intended to ensure token sale contributors that the company will be sustainable, and able to provide the services they buy for a long term.
Release of revenues
As a ready solution, TFOOD tokens immediately usable after the token sale to buy services on TE-FOOD. Therefore, token sale revenues are not held in multi signature escrow wallet, and immediately accessible for TE-FOOD International.


Official Links for More Details
Official Web : https://ico.tefoodint.com/
Facebook : https://www.facebook.com/tefoodintl/
Twitter : https://twitter.com/TE_FOOD
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