TOKOIN : LEVERAGING ON BLOKCHAIN TECHNOLOGY TO POWER MSMEs GLOBALLY.

Hi my dear readers. It has been a long time since I felt so excited because right now I have found myself an inspiration to live and work. I have found a project that gives us super profits and can help us become more aware of MSMEs technology. that is Tokoin project (TOKO).

About Tokoin ( TOKO )

Tokoinis a platform that establishes the identity of MSMEs as an acceptable reputation in the business ecosystem. Tokoin presents a better and modern business ecosystem that offers valuable partnerships to address inclusive growth. As a platform, Tokoin captures and processes business information from the users as a valuable asset, which, in our ecosystem, translates into a marker for trusted reputation of the MSMEs as our users. This enables them to access previously inaccessible financial business services from providers, which act as our partners. Therefore, Tokoin links the business and financial sectors to launch a scheme of financial inclusion. The partnerships formed in Tokoin will subsequently contribute to the national economic growth.
Tokoin offers a reliable solution that can help MSMEs solve the problems they are having .

Solutions :

1. Scaling Up through Access to Expansion Opportunities :

Through a blockchain network, information data containing business transactions can be verified in the ecosystem. Tokoinutilizes data recorded in the blockchain network as a valid metric for building a business reputation. In other words, this reputation will be built based on a client’s buying behavior in trading activities, and this information will become an important part of the client’s profile. With this mindset, Tokoin is able to transform an accurate record of data into a valuable asset that MSMEs can use as a leverage to make up for their lack of conditions that can satisfy lending requirements, such as credibility scoring. This will let MSMEs as users get access to the financial services needed to achieve business growth.

2. Establishment of Business Profiles :

Tokoinplatform gives MSMEs the opportunity to establish a reputation profile that helps them build trust from banks, suppliers, and other service providers. It is a solution that levels up the playing field so that MSMEs can get access to services that were previously unavailable. MSMEs which, for example, struggle to secure loans will now have a solution that allows them to approach banks with confidence. Service providers, in turn, will be given access to the reputation profiles of a diverse network of trusted MSMEs. They will be able to check these MSMEs’ reputation data at the tap of a button to help them make more timely and informed decisions. Additionally, with the revenue generated from data requests going directly to the MSMEs, it will be a win-win solution for both sides.

3. Provision of Access to Funding :

One of the main barriers that most MSMEs face to survive in today’s economy is funding, while it is actually the power source for MSMEs to enable better productivity and answer the call for business expansion. Apparently, there are several terms and conditions set by the banks which MSMEs, in most cases, are not able to fulfill. One of them is credibility. MSMEs with lack of business profiles have been neglected in the emerging markets. To illustrate, start-ups are one of the business sectors that sprout recently in the society, and most of them were established just recently. Thus, they commonly have less than 5 years of operation and experience.

However, the only way to gain access to these encrypted data of users is by getting permission from the Data owner. This is the only way data Exchange can be done on Tokoin platform. And with this, users can earn some TOKO token from their data. More benefits can be found on Tokoin website: https://www.tokoin.io/

BENEFIT OF TOKO TOKEN FOLDERS

TOKO is created for numerous reasons and benefits, but the first benefit of holding TOKO token that I will mention here is for those who stake TOKO . TOKO can be staked to earn dividend depending on the amount of TOKO such user’s stake per time. Being a partner of Tokoin and holding TOKO will allow users such as owners of MSMEs to enjoy more partners and customers to their market places as a lot of users are expected on Tokoin platform. And a lot of other use cases of TOKO that are not mentioned in this article can be found on their website https://www.tokoin.io/

You can get more information from the links below:
Website: https://www.tokoin.io/
Telegram: http://t.me/tokoinglobal
Twitter: https://twitter.com/TokoinOfficial
Facebook: https://www.facebook.com/TokoinOfficial
Author:

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