TEMCO wallet

What is TEMCO (TEMCO)?

TEMCO was built around supply chain data: connecting records that normally sit in separate company systems, giving businesses a way to analyze them, and giving buyers a way to trace a product back through the chain that produced it. The project came out of the Korean startup scene and its technical pitch leaned on RSK, the Bitcoin sidechain, as the smart contract layer for that data.

For a holder, the important thing is that the token you hold is not on that sidechain. TEMCO circulates as a standard ERC-20 on Ethereum, which is the form exchanges listed and the form sitting in your wallet. So the rules that apply are Ethereum's: any Ethereum address can receive it, the balance is a contract entry rather than a coin on the chain itself, and ETH in the same wallet pays for every transfer. Sending TEMCO to an address you do not control ETH for leaves it visible but immobile.

It is also worth being deliberate about which TEMCO you are receiving. "Temco" is a name several ordinary companies use, and the ticker has turned up on tokens with no connection to this one - the contract address is the only thing that settles it, and your wallet or explorer will show it.

This is a token people tend to hold for years rather than move around. The private key that will eventually sign that transfer is created inside the Tangem card's chip and stays there, with a second identical card kept elsewhere as the way back in and a seed phrase available only if you want one. A key that spends years untouched is better off in something that has no screen to phish and no file to copy. Supported networks in Tangem (1): Ethereum.