TE-FOOD

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Ico logo te-food.jpg We Have The Right to Know What We Eat!
Rating 3.8
Team Vision Product
3.9 3.9 3.8


Summary[edit]

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

Token TFOOD
Price 1 TFOOD = 0.05 USD
Bonus Available
Platform Ethereum
Type ERC20
Accepting ETH, BTC, USD, EUR
Distributed in ICO 40%
Tokens for sale 400000000
Country Switzerland
Restricted areas China
preICO start preICO end ICO start ICO end
n/a n/a 2018-02-22 00:00:00 2018-03-22 00:00:00


About[edit]

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 TE-FOOD solution, TE-FOOD tracks the items through the whole supply chain (farm, slaughterhouse, wholesaler, retailer) and provides tools to consumers, supply chain companies, and authorities to

gain food history and food quality insights.

TE-FOOD has grown to over 6000+ business customers, tracking 12,000 pigs, 200,000 chickens, and 2.5 million eggs daily. In 2018, it will be extended to track cattle, fish & seafood, and fruits & vegetables.

Foodborne diseases around the world are accountable for the hospitalization of 700 million people and 400,000 deaths annually. The global food traceability solution market will reach $15.1 Billion by 2021. Compound Annual Growth Rate is highest in Asia-Pacific (CAGR: 16.7%) vs. rest of the world (5.5-8.7%). Effects of traceability are medical (fewer foodborne illnesses and deaths), social (consumer demand, need for trust), and economical (decreased product recall costs, supporting export, transparency, increased VAT revenue).

TE-FOOD provides physical identification tools, mobile and web based software solutions in a PPP model (low or no upfront fee, and long term contract). TE-FOOD charges for the identification tools, the data transactions made in the system, and custom services. Our customers are governments, private companies, and professional organizations.

TE-FOOD is optimized for emerging markets. Despite it uses modern technology, it’s the cheapest solution available, with no need for special equipment. The business model fits emerging countries, 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 30 people. For international expansion, all rights and activities will be incorporated into a new single company: TE-FOOD International Ltd. Leaders of the new company have over 20 years of business and IT experience.

To pre-sell tokens which can be exchanged for services within the system. Our main plan for 2018 is international market expansion. We have detailed roadmap to launch TE-FOOD in 17 countries within 5 years. Blockchain provides transparent trust based solution for international operation. Tokenization with smart contracts eliminates volatility as a unified financial transaction ledger solution.


Team[edit]

Team photo 1715-17566.jpg
Trung Dao Ha
CEO / Chairman / Co-Founder
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Erik Arokszallasi
CEO / Chairman / Co-Founder
Team photo 1715-17568.jpg
Marton Ven
CMO


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Gergely Koves
Project Manager
Team photo 1715-17570.jpg
Katalin Vereczkey
Food Industry Expert
Team photo 1715-17571.jpg
Gabor Pajor
Food Industry Expert


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Endre Jobbagy
Blockchain and Business Advisor
Team photo 1715-17573.jpg
Michael Patching
Independent Animal Welfare and Husbandry Advisor
Team photo 1715-17574.jpg
Gabor Nagymajtenyi
BDO Leader, Blockchain Team


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Istvan Szukacs
DevOps, Blockchain Team
Team photo 1715-17576.jpg
Attila Szabo
Lead Developer, Blockchain Team
Team photo 1715-17577.jpg
Daniel Csendes
Blockchain Technology Consultant


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Tamas Biro
Mobile App Developer
Team photo 1715-17579.jpg
Miklos Csaszar
Senior Software Engineer
Team photo 1715-17580.jpg
Gergely Mate
Software Developer


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Zoltan Vadovics
Software Developer
Team photo 1715-17582.jpg
Laszlo Szentmiklosi
Hardware/Software Developer
Team photo 1715-17583.jpg
Gyorgy Varga
Senior IT Infrastructure Engineer


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Jozsef Tatar
IT Infrastructure Engineer



Milestones[edit]

  1. Quarter 2, 2015
    Development of TE-FOOD started by TE Ltd., Vietnam, in cooperation with Erba Ltd. Hungary
  1. Quarter 2, 2016
    Agreement is reached with the government of Ho Chi Minh City to implement TE-FOOD. Preparations of the implementation started immediately.
  1. Quarter 4, 2016
    TE-FOOD launched in 12.16.2016 for pig and pork tracking in HCMC region.
  1. Quarter 2, 2017
    Training of chicken farms and egg producers starts. In total, more than 10,000 people is trained.
  1. Quarter 3, 2017
    On 01.09.2017, chicken and egg traceability started in 22 vietnamese regions.
    National livestock registry contract is signed with the Ministry of Agriculture in Vietnam, Livestock Production Department.
  1. Quarter 4, 2017
    In the pilot phase, the system is used in 4 provinces in Vietnam to regularly report about the status of the livestock.
  1. Quarter 1, 2018
    TE-FOOD International Ltd. is founded. All TE-FOOD rights and contracts are transfered to TE-FOOD International.
    Token based operation of TE-FOOD starts before the Token Sale.
    TE-FOOD token sale starts in February, 2018.
  1. Quarter 2, 2018
    Cattle tracking will be implemented in TE-FOOD.
    Tracking of fruits and vegetables will be implemented in TE-FOOD.
    TE-FOOD offices are established in 2 target countries.
  1. Quarter 3, 2018
    Blockchain as a traceability transaction ledger is implemented in the system.
    Fish and seafood tracking will be implemented in TE-FOOD.
    Animal antibiotics traceability
    AI based smart pandemic forecasting and alarm modules for the National Livestock Registration system
  1. Quarter 4, 2018
    TE-FOOD Marketplace extends logistical and food safety data, with trading possibilities with conditional smart contracting possibility.
  1. Quarter 1, 2019
    The sensor equipped tools log directly to blockchain, and contain smart locks which can be opened only by specific users, and log their status.
    Extending the existing functions (inventory, feeding, vaccination), new modules are available, according to the G.A.P. standards.
  1. Quarter 2, 2019
    Identification tools are extended by a facial recognition system for cattles. The R&D project starts in Q1, 2018.
    Two new TE-FOOD offices are opened in target countries.

Ratings[edit]

Expert photo karavaev-1512904655.jpg

Igor Karavaev - ico advisor and investor
Rated on 2018-04-27

Rating
Team Vision Product
4 3 3

Expert photo tarek-roustom-1511731578.jpg

Tarek Roustom - M.D. and Venture capitalist
Rated on 2018-01-25

Rating
Team Vision Product
3 3 3

Expert photo conston-taylor-1516902830.jpg

Conston Taylor - ICO Advisor | ICO Analyst | Blockchain Researcher
Rated on 2018-02-11

Tracking the food supply through the blockchain has a strong use case for the blockchain. They whitepaper is very thorough and their timeline is attainable. The livestock and tractability product solution could be a valued addition to the blockchain.

Rating
Team Vision Product
4 5 5

Expert photo mofassair-hossain-1524759413.jpg

Mofassair Hossain - CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert
Rated on 2018-02-12

I think it can be solved in centralized way

Rating
Team Vision Product
4 3 3

Expert photo vlad-skakun-1521917812.jpg

Vlad Skakun - Cryptocurrency Enthusiast | Senior Analyst at Venture Fund
Rated on 2018-03-24

Rating
Team Vision Product
5 4 5

Expert photo tyler-sanford-1516319943.jpg

Tyler Sanford - Blockchain & Marketing Consultant | Community Management
Rated on 2018-02-22

Food supply chains is an industry that can really benefit from the transparency blockchain offers. I'll be watching TE-FOOD closely.

Rating
Team Vision Product
4 4 4

Expert photo mauro-presicce-1518542231.jpg

Mauro Presicce - Chartered Accountant, Marketing and Operational Advisor, Community Manager, Investor, Blockchain Manager
Rated on 2018-03-10

Team is really diversificate with various and different nationalities. The blockchain used for tracking food is a good idea, especially in the emerging markets where in my opinion the controls are not really accurate. There is already a product that has to been updated and empowered with the blockchain technology. ICO is already concluded, and when I am writing this review the price is below the ICO price. No KYC reported, It would be a good idea to do that in order to give more confidence to potential investors.

Rating
Team Vision Product
4 5 4

Expert photo vladimir-nikitin-1530028867.jpg

Vladimir Nikitin - ADVISOR | CONSULTANT | EXCHANGES Listing
Rated on 2018-04-19

Rating
Team Vision Product
3 4 3

Expert photo reinhard-berger-1517467650.jpg

Reinhard Berger - CEO Pecunio Blockchain Technologies
Rated on 2018-03-22

Rating
Team Vision Product
3 3 3

Expert photo benchy.jpg

Benchy - ICO Analyzer Bot
Rated on 2018-10-17

Rating
Team Vision Product
0 0 0