Tokoin - Accelerating Growth of Micro, Small, and Medium Enterprises in Emerging Markets

in #tokoin5 years ago (edited)

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About 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

Tokoin is a platform that leverages blockchain technology to establish valid identities and reputations of MSME’s (Micro, small and medium enterprises). Tokoin uses blockchain-based solutions that allow Tokoin users to build a trustable profile for all stakeholders in the ecosystem.


INDUSTRY OVERVIEW/PROBLEM

MSME's (Micro, Small and Medium Enterprises) are the driving forces of the economies in emerging markets contributing to 60% of total employment and 40% of the GDP while 70% of them have unmet financial needs to support business growth and operation due to a lack of collateral, accurate financial records, verification and credit score.

TOKOIN OVERVIEW/ SOLUTION

Tokoin establishes a digital identity and reputation for MSMEs that acts as an acceptable form of background verification in the bu siness ecosystem. Tokoin presents a modern and better business ecosystem that facilitates collective growth through valuable partnerships. As a platform, Tokoin captures, records and processes business information from MSME users which is seen as a valuable asset. Within the Tokoin ecosystem, this asset becomes a trusted reputation for MSMEs and our users will be able to access financial business services from our partnered providers, which was unavailable to them earlier. Tokoin serves as a link between MSMEs and financial/banking sectors, providing financial inclusion and contributing to economic growth in emerging markets.

MISSION 

Building MSMEs profile to guarantee their data integrity

  • Creating virtual ledger for each MSMEs transaction
  • Lower financial inclusion barriers by providing reputation scoring
  • A sustainable business model that enable MSMEs to perform in higher scale
  • Increasing the economic capability of the whole MSMEs ecosystem


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.

  These three circles consist with Tokoin partners classification, chart showing  the interaction for each participant inside tokoin platform,

 Financial intermediaries:

  ● Banks

  ● Multifinance

  Supplier:

  ● Brands

  ● Companies

  ● Logistics partners

 Service Provider:

  ● Consulting

  ● Property Agent

  ● Advertiser


TOKOIN PLATFORM

1. Tokoin’s Platform

  Tokoin is an autonomous system that manages data distribution and provides rewards for data 

contribution within the Tokoin’s ecosystem. Tokoin is also an incentive tool that determines the 

value regarding to an activity.

2. Buyers

  MSMEs as product buyers contribute as data providers by submitting transaction information into 

Tokoin’s platform. Data that they provide include KYC information, transaction details, and 

business operation details. 

3. Financial intermediaries

  As one of the main actors on Tokoin’s platform, financial intermediaries will be able to capture 

reputable MSMEs’ digital identity to perfectly tap the real market by sorting MSMEs’ personal 

rating and type of services they are looking for from financial intermediaries, e.g. amount of loan. 

4. Sellers

  They are recognized as product sellers and distributors that market their products to MSMEs. By 

paying for TOKO Tokens, sellers obtain targeted advertising on Tokoin’s platform.

5. Service Providers

  Providing business facilities for MSMEs, service providers can also place their advertisements and 

offers on Tokoin’s platform, specifically targeting the MSMEs that meet their criteria.



Tokoin Use Blockchain ?

MSMEs indeed face one of the problems regarding building digital business profiles and credit scoring. Therefore, MSMEs need to be bridged to get access to financial institutions, banks, suppliers and others. Blockchain technology is believed to be the way out and 

The Indonesian Chamber of Commerce and Industry (KADIN) encourages increasing the role of MSMEs in the business world through blockchain technology. This technology is believed to be able to improve the ability of MSMEs to register and manage finances and transactions

Tokoin is the №1 project blockchain in Indonesia and is supported directly by the Indonesian Chamber of Commerce and Industry (KADIN) in the field of MSMEs to provide solutions to deep problems.

People should use Tokoin ?

The MSMEs they are the ones who will use Tokoin Platform to build their credibility scoring. Other people who will use the platform are suppliers, financial institutions, and service providers.  if you're one of the MSMEs then you are lucky to be onboard of Tokoin platform.


TOKOIN IEO in KUCOIN :

Tokoin (TOKO) Spotlight Launch on KuCoin

 The Spotlight token sale with Tokoin (TOKO) on 23rd August. 

The SPOTLIGHT was completed within seconds, reaching the hardcap target of $1,000,000.

Tokoin reaches ATH 9x after trading

After successfully completing the SPOTLIGHT Tokoin, the TOKO token has just started trading on the KuCoin exchange. That being said, the TOKO has reached an all-time high of $ 0.18 At the moment, TOKO is trading in the range of 0.0835–0.07 USD, with current standing at 0.085765 USD at the time of writing. The initial Spotlight price was 0.02 USD.

IEO's success in Kucoin is the result of the team's hard work from doing AMA in the kucoin chat group telegram and having an outstanding marketing team not only because Tokoin has a good platform concept to serve and improve the MSME business reputation


FUTURE TOKOIN :

Tokoin Aims to Grow MSMEs, especially in Indonesia Facilitating Transactions, Improving the Community's Economy, Enlivening the Market, and helping Tokoin users have a credible business reputation, supported by the Government (KADIN), Tokoin relies on blockchain technology that can provide new hope in developing business models of the Future , and made the Best Company with the No. 1 Blokchain Technology in Indonesia With a Great CEO  @reinerrahardja

BUSINESS PARTNERS

Block Crafters Capital is a professional group of experts in the field of blockchain, start-ups, and finance. This group is our bridge to reach the largest possibilities and opportunities in the crypto-currencies world. Based on their experience, Tokoin can project a bigger adoption in the larger market. The strategies that we build with Block Crafters Capital are technology, investment, blockchain market and adoption, infrastructure utilisation, and business partnership. Partnering with Block Crafters Capital also accelerates our practice in the aspect of ideation of our market adapta


We are also partnering with dstreet.io, a Korean blockchain media platform, to support our international coverage. As a joint-venture of three industry leaders in South Korea, MK Media Goup, DAYLI Financial Group, and Block Crafters, D.Street provides Tokoin with media contents and strategies with wide coverage to news readers, blockchain influencers, and marketing channels to increase awareness and feedback from public and blockchain enthusiasts.


Known as a blockchain-based platform that aims to reward influencers (such as streamers, youtubers) who help advertise video games, Refereum is now assisting Tokoin with its growth engine to grow our community by giving incentives for participants’ engagement. During our campaigns, Refereum’s widget is available on the homepage of tokoin.io


Ralali.com is the current largest business platform in Indonesia, helping MSMEs to source, scale up, and sustain their operations digitally. In its 5 years of operation, Ralali.com has successfully managed to connect more than 250.000 small and medium businesses with 15.000 suppliers across 34 provinces in Indonesia. By being plugged in to Ralali.com’s business experience and thriving ecosystem, TOKOIN can accelerate the adoption and use while simultaneously enabling the most important segment of a developing country to better compete and join a global marketplace.

PT PasarPolis Indonesia is the first insurance marketplace in Indonesia. As a partner of Tokoin, PasarPolis aspires to provide MSMEs with business insurance that is affordable yet helpful to cover their business operations. With PasarPolis on Tokoin’s platform, MSMEs


To optimize the strength of the ecosystem, Tokoin equips MSMEs with the power of fellowship approach to one another. Sahabat UMKM is a community of Indonesian MSMEs which facilitates MSMEs in gaining beneficial access to networks, leading to fruitful partnerships and their boosted confidence when entering the bigger business ecosystem. With Sahabat UMKM on Tokoin’s platform, Indonesian MSME actors will be able to explore their capabilities and opportunities to cultivate their business potentials by means of the blockchain technology.


Tokoin is partnering with Tomochain to support the infrastructure on the Tokoin’s decentralized application. For Tokoin dApp, Tomochain provides scalable blockchain infrastructure, which is trustworthy in terms of transparency and auditability, and a fast and easy token integration. Tomochain is compatible with Ethereum Virtual Machine-based protocol, enabling public chains and private chains, as well as cross-chain token transfers.

TEAM :

REINER RAHARDJA. CEO, CO-Founder 

https://www.linkedin.com/in/lordreiner

WELLY SALIM , CTO 

https://www.linkedin.com/in/wellysalim/

Eddy Christian Ng , COO 

https://www.linkedin.com/in/eddy-christian-ng-74593520/

Niko Tanadi , project Manager

https://www.linkedin.com/in/nikotanadi/

Adi Darda Gaudiamo , Head of Creative

https://www.linkedin.com/in/adi-darda-gaudiamo-10382545/

Ignasius Michael , Generalist Manager

https://www.linkedin.com/in/ignasiusmichael

Oktavia Putri , Community Manager

https://www.linkedin.com/in/oktafiaputri

Mutia Anisa , Graphic Designer

https://www.linkedin.com/in/mutiaanisarahma/

Syifa Mutiara Putri , Event Cordinator

https://www.linkedin.com/in/syifamutiaraputri/

Stephanus Andreas, Operation Execuitve

https://www.linkedin.com/in/stephanusng/

ADVISORS :

Dahlan Iskan , Advisor

https://www.linkedin.com/in/dahlaniskan

Tiago Alves , Advisor

https://www.linkedin.com/in/tiagoalves/

Richard Yoon, Advisor

https://www.linkedin.com/in/richard-yun-15a82864/

HongZhuang Lim , Project Consultant

https://www.linkedin.com/in/hongzhuang-lim-2032a0150/

Suyong Park , Project Consultant

https://www.linkedin.com/in/suyongpark/


Conclusion of this article Tokoin wants to help micro, small and medium enterprises (MSMEs) that do not have funds and develop product businesses in developing countries and help MSMEs in good condition


Website : https://www.tokoin.io/

Whitepaper : https://www.tokoin.io/whitepaper/Whitepaper.pdf?id=93463cf8ec8457c6c862

Medium : https://medium.com/@tokoin

Facebook : https://www.facebook.com/TokoinOfficial

Twitter : https://www.twitter.com/TokoinOfficial

Instagram : https://www.instagram.com/tokoinofficial/

Youtube : https://www.youtube.com/channel/UCOncpHAzRWWjx6HBp4wAhbg

Reddit : https://www.reddit.com/user/TokoinOfficial/

Telegram : https://t.me/TokTokoinGlobal


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