Tokoin - Accelerating Growth of MSMEs in Emerging Markets
Hello friends! Welcom to my blog!
Blockchain has been a focus in recent years, with its decentralization and security, Blockchain will be applied in the future with the purpose of helping users.
The world is now seeing so many reasons why they just have to adopt this technology and little by little, we are beginning to experience little increase in global adoption. Cryptocurrency is here to revolutionize the world financial system just like the internet technology did, and sooner or later, the big picture will become clearer to everyone.
In this 4th industrial revolution, technology has become an important aspect of life which has brought convenience, including the business world. The industrial revolution has liberated human beings from dependency on animals’ power, and mass production is no longer a myth as digital capabilities are leveling up among billions of people.
The 4th industrial revolution, or commonly known as the Industry 4.0, represents a combination of cyber-physical systems, the Internet of things, and the Internet system itself. In brief, machines are integrated with the Web connectivity and systems which can visualize the entire production chain.
The blockchain technology makes SMEs able to reach top-tier producers and get the lowest manufacture prices possible. Simultaneously, manufacturers are able to spread products to their own market.
Introduce
Economic inclusion is very vital to create a healthy business ecosystem, especially for the MSMEs. It rules out the needs for intermediaries’ charges. Economic inclusion can also enhance the opportunities for MSMEs to thrive by becoming more competitive in the emerging market. Specifically, it will stimulate the economic activities of businesses and let them have convenient access to the banks and other business solution services.
In this digital era, almost every aspect of life is integrated with technology, and the industrial sectors are no exception. There are e-Commerce, fin-tech, and now blockchain. It is believed that blockchain will enlarge the opportunities for MSMEs even further.
Tokoin carries missions to help MSMEs in building a trusted profile with integrity, providing a virtual ledger for each user’s transaction, eliminating financial inclusion barriers, and increasing economic capabilities of the whole MSME ecosystem.
**WHAT IS TOKOIN?
**
Tokoin is a platform that establishes digital business identity and reputation of MSME as an acceptable credibility scoring for suppliers and financial institutions
Face the real market. Tokoin provide a platform to build valuable partnership which will bring you into the engaging ecosystem consists of collectible business profiles profitable for business expansion.
A key area of Tokoin’s work is to accelerate MSMEs by providing convenient access to finance and finding innovative solutions to unlock sources of capital. We make use of the blockchain technology on our platform, combining digital identity and digital ledger to build MSMEs’ credit scoring and to increase their economic scale. This technology has a similar function to a bank account for its transactional recording. However, the blockchain grants the users direct authority to share their assets to whoever they trust.
In the data exchange activities, MSMEs will act as data suppliers and benefit from:
- Creating a credible business profile by processing users’ non-financial data to build a credit scoring.
- Obtaining easy access to funding applications.
- Getting a lower price through aggregated buying.
- Earning points for carrying out transactions, which can be redeemed as discounts or services.
Tokoin facilitates MSMEs to have a better record of financial transactions as a form of credit history to build the credibility status of their business. The transaction history of the MSMEs can guarantee feasibility for them to access various business solutions.
TOKOIN ECOSYSTEM
These are the users involved in the business activity of Tokoin. MSME as the data provider, submit their transaction data activity through Tokoin dApp. Tokoin process and validate the data into valuable asset. Partners can acquire the data by staking TOKO tokens.
HOW TOKOIN WORKS
Buyer
TOKO tokens flow starts based on the valuability of data.
Reseller input informations: basic profile and product value demand.
Seller
Reseller's data will be valued to redeem appropriate discount
Producers earn benefits with the action of staking tokens
PARTNERS
TEAM
ADVISORS
See more:
Website: https://www.tokoin.io/
Whitepaper: https://www.tokoin.io/whitepaper/Whitepaper.pdf?id=05f5c9d62d22ae24ea82
Telegram Chat: http://t.me/tokoinglobal
Twitter: https://twitter.com/TokoinOfficial
Facebook: https://www.facebook.com/TokoinOfficial
Medium: https://medium.com/@tokoin
Instagram: https://www.instagram.com/tokoinofficial
Linkedin: https://www.linkedin.com/company/tokoinofficial/
Quora: https://www.quora.com/profile/Tokoin-Official-1
Author
Bitcointalk usname: The3max
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=455047
ERC20 wallet: 0x4D9eEBB5e87dFC964A8558e8b21e9F233adA71c6