In order to grow a business, exposure and partnerships is a must so does linking connections throughout the market. Generally, MSME (Micro, Small, and Medium Enterprises) is having trouble because of the lack of transparency that restricts them on creating partnerships or to scale financially and improve their business.
Introducing Tokoin
Tokoin is 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.
The Problem
Most of us are working on our younger years and plans to put up business when we acquire the experience and the funding to build one before we retire. Before going as big as Nike or McDonald’s, a “Large” company like those also experience being an MSME also known as Micro, Small and Medium Enterprises.
With the demand for MSMEs at the very least, problems like high barriers to funding and absence of reputation still exist making it hard for small entrepreneurs and business owners to leverage their business.
The Solution
With Tokoin’s Digital Business ID that would act as a public profile for MSME allowing for every user on the Tokoin Ecosystem to check and trace every registered business.
Thus, could create reputation and other business opportunities whether it is via funding from banks that comes in the form of loans, advertisements from other businesses that could generate new income and potential suppliers that could bring higher leverage by giving volume discounts.
MSME vs Large Corporations
Unlike MSME, Large corporations tends to have more potential of growth. With the reputation they have built through their developing period, they could easily get new partnerships and acquire and expand in new emerging markets creating more income and getting larger over time.
Even large companies have the most profits out of it’s activities and hires the most numbered employees compared to MSME, the quantity of MSMEs still exceeds and collectively outnumbers the population of employees/workforce (mostly in developing countries) acquiring 60% of the manpower compared to 40% from large companies, collectively.
MSME helps the economy by creating more jobs compared to larger companies and with the help of Tokoin giving them funding opportunities with the help of banks and other financial institutions, MSME could sustain and improve their businesses.
Tokoin ecosystem
Tokoin is a trading ecosystem highway of data distribution. By recording transactions on Tokoin, participants are all ensured a secure ecosystem of blockchain and tokens are used as a sign of credibility scoring. The partners will get the appropriate data, while users(as the downstream participants) benefit from access to business expansion and funding opportunities. The usefulness and reliability of Tokoin come in where the pathway provides a permanent record of information and transactions. Accuracy is guaranteed as every record is traceable and unchangeable. Tokoin looks to elevate economic growth by providing leverage and sustenance to MSMEs as the infrastructure of a country’s economy in the upcoming markets. Everyone of us, at a point in time, wants to be successful business owners and grow exponentially. Tokoin is definitely a trusted solution to most of MSMEs problems through establishing their reputation in the business ecosystem. Tokoin as a platform captures and processes business information from the user as a crucial asset which is a marker for the trusted reputation of the MSMEs. Users are hence able to get to inaccessible financial business services from providers that act as our partners. Tokoin bridges the gap between business and financial sectors to enable a scheme of financial incorporation. These partnerships will contribute to national economic growth.
The Tokoin medium has so many packages which can help in the development of the Micro, Small, and Medium Enterprises thereby giving then the required confidence in the retailer marketplace.
These packages are:
Creating A Digital Identity For The MSMEs
This digital identity will stand in place of a business profile with a valid reputation when funding is needed.
Introducing To Institutions For Business Partnership
The Tokoin has partnered with several institutions which will give them access to any needed services and as this institution discovered the MSMEs of their choice, they through the medium can desire to partner with such business by granting the business necessary support.
Their MSMEs Owner, forget how many times you have tried getting fund to expand your business but proof abortive. Now, the needed help is here. Why not join the tokoin medium and see the development that your business needed.
How Tokoin works
Value Proposition:
· Building a Digital Identity for MSME that represents a valid reputation.
· Accommodate MSME to utilize their data to create more funding opportunity.
· Provide growth opportunities for MSME by bringing business partnership.
Features of Tokoin
Holding MSMEs by the hand, helping them create a Digital Identity through assembling of transaction, buying patterns data that Represents a Valid Reputation to the public.
These businesses will leverage on tokoins link with financial institutions and accessing them for their own needs. While tokoin is saddled with helping them build enough reputation as needed.
Helping these MSMES exploit data to churn more funding prospects through a technology that records and manages transaction data and adding value to them.
Tokoin token details:
Token Name: TOKO
ICO Token Type: ERC-20
Total Token Supply: 2,000,000,000 TOKO
Token Sale: 700,000,000 TOKO (35% Token Supply)
Soft Cap: $ 8,000,000
Hard Cap: $ 25,000,000
Road map
Team
Conclusion
Using the blockchain to store immutable data, Tokoin’s platform would create a trust system between Merchants, Loan Providers, Suppliers, Service Providers and Advertisers. Tokoin’s goal is achievable, they only aim to store Merchant data and let them business information and transactions to do the talking. With all of that being said, Tokoin is a user centric, B2B platform that would be used by most MSME merchants at the current time whether they have blockchain knowledge or none.
For more information:
Website: https://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/
Author's Bitcointalk Username: lmhvn
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2632356
Telegram Username: @vuhavn
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