TOKOIN : REVOLUTIONIZING MSMEs VIA BLOCKCHAIN TECHNOLOGY
Micro Small and Medium Enterprises ( MSMEs ) has been in existence over the years , different platforms and organization helping those indeed of funds to start up or develop their businesses . But there are several challenges faced by the existing traditional MSMEs both by the financial institutions and the beneficiaries who are mostly retail marketers. Lack of transparency is one of these challenges; couple with the fact that some financial institutions rendering these services do so on a CENTRALIZED platform where atimes people have to lobby to be able to benefit from the scheme. But TOKOIN has brought good news. https://www.tokoin.io/
THE AIM OF CREATING TOKOIN
TOKOIN is a Singapore based organization that is extending its tentacles around the world. The platform is designed as an innovative platform that is meant to create a digital business identity and outstanding reputations of MSMEs thereby making it suitable with great credibility that will be accepted by financial institutions involved as well as the suppliers.
However, with TOKOIN will offer a platform where users can create and develop great partnership with other businesses that might be of benefit to their business and help expand same to a global level. TOKOIN has also built an ecosystem that will help them in archiving their several goals including: Creating a virtual ledger for every transaction done by MSMEs.
OTHER UNIQUE MISSION OF TOKOIN
TOKOIN is not only designed to build MSMEs profile that will lead to data integrity, but they are also aimed at reducing the barriers of financial inclusion by offering a reputation scoring.
Also, TOKOIN will create a B2B and B2C relationships by creating partnership with other market places and helping MSMEs to expand to a larger scale in their different businesses globally. This will also assist in increasing the economic strength of the entire MSMEs ecosystem.
With the use of blockchain Technology and its unique characteristics, TOKOIN will be able to make a difference and effectively provide solutions to the numerous challenges facing the traditional MSMEs by building a unique ecosystem and enabling all users of the platform to create and build a profile that all stakeholders can trust and rely on. https://www.tokoin.io/
THE UNIQUE BENEFITS TOKOIN IS OFFERING TO MSMEs
Interestingly, MSMEs who are user of TOKOIN will benefit immensely from the innovative advantages of TOKOIN ecosystem which is not seen in the existing traditional financial institutions sponsoring MSMEs. With TOKOIN , MSMEs will be able to create a great business profile using the non financial data of the platform users to build a credit score for their businesses .
Apart from this, MSMEs will also be able to easily gain access to funding and apply for same without much stress. And with the existence of other retail marketers and market place on the platform, they will be able to enjoy a reduced rate using aggregate buying.
As if the above benefits are not enough, TOKOIN will also allow users to earn points for every transaction they make on the platform and will be able to redeem same by obtaining a discount on services they get from the platform. An MSMEs platform cannot be better than TOKOIN . The business Growth opportunity that will also be brought about by TOKOIN to MSMEs is outstanding by bringing business partners around the globe and showcasing their businesses to the world. https://www.tokoin.io/
HOW DOES TOKOIN WORK?
On TOKOIN platform, MSMEs will serve as the data provider who will be expected to submit the data for their transaction activity using TOKOIN Dapp ( Decentralized Application ) after which TOKOIN will process and validate the submitted data into a valuable asset . However, these data can be gotten by other partners through buying and staking TOKO tokens.
TOKOIN ECOSYSTEM
The Team has created a utility token called TOKO that will serve as the main driver of the TOKOIN ecosystem and will be used for several purposes within the ecosystem .
TOKEN DETAILS
Token name: TOKO
Token protocol: ERC20
Token total supply: 2billion TOKO
CONCLUSION
Looking at the emerging market and market places, we will realize the need for a standard and innovative platform that can adequately power MSMEs , TOKION is therefore taking up this challenge by transforming the existing MSMEs using the blockchain technology. There is a greater need for every business owner or those intending to obtain funding for a business start up to be part of TOKOIN community and stakeholder so as to enjoy the numerous benefits that only TOKOIN can offer.
With the creation of high integrity profile, I believe MSMEs won’t have to wait for ages to get their Application to receive funding approved , and the benefit of global business expansion via TOKOIN partnership is another great benefit that can’t be found in the traditional MSMEs sponsoring institutions.
I believe you do need more information concerning TOKOIN innovative project , please visit the website and join the social media for regular updates . Do not forget TOKOIN is already trading on KUKOIN Exchange while the IEO is ongoing.
Website: https://www.tokoin.io/
Telegram: http://t.me/tokoinglobal
Twitter: https://twitter.com/TokoinOfficial
Facebook: https://www.facebook.com/TokoinOfficial
Author’s btt url: https://bitcointalk.org/index.php?action=profile;u=1760015;sa=summarya8
Author’s name: nesbee2