what is tokoin
https://www.tokoin.io/ is a platform that is useful in establishing a digital business identity and the reputation of MSMEs as a way to deal with the real market. Tokoin provides a platform to build valuable partnerships that will bring you into an attractive ecosystem consisting of a collectible business profile that is profitable for business expansion for the future.
MSMEs functions and capital issues
MSMEs really need to advance the infrastructure for MSMEs to improve their business by making valuable data and digital assets to build a valid reputation. Most MSMEs do not produce enough to take advantage of economies of scale. They also have low order volumes, which means they have little influence on suppliers and do not receive volume discounts.
This results in higher production and transaction costs compared to large companies. Also, unlike companies that have entire departments dedicated to procurement and finance, MSMEs have fewer resources to find better suppliers or suitable financing. International expansion is also problematic. Large companies can utilize a rich global network and utilize low production costs to offer competitive products in whatever market they have included. On the other hand, MSMEs lack this valuable network and often struggle to compete with new markets.
Not a few indeed SMEs who were previously independent business actors. However, through the training of MSMEs, it is expected that these business actors can increase productivity by increasing skills in the production process and by increasing managerial skills.
A recurring problem for new or existing MSMEs is that they lack the capital needed to encourage productivity.
because the MSME system only compresses work but does not condense capital to create a work and business, of course there must be sufficient capital and costs to overcome an economic problem that makes business productivity so that it can increase and achieve glory, of course, everything is done with everyone's trust in order to make this system continues to evolve and become a solution for everyone involved.
tokoin solution
Tokoin creates a solution for everyone and the opportunity to create a trusted and reputable profile for MSMEs by gathering non-financial data from MSMEs, such as data submitted in the KYC protocol to be developed into a Digital Business ID. All business data from daily operations that were previously scattered will also be converted into Digital Ledgers to strengthen the digital profile of each business and provide a solid reputation of being safe and reliable.
The Tokoin platform provides opportunities for MSMEs to build a reputation profile that helps them build trust from banks, suppliers and other service providers. This is a solution that improves playing fields so that MSMEs can get access to services that were not previously available.
MSMEs making an example of the struggle to get a loan now will have a solution that allows them to approach the trust bank. Service providers, in turn, will be given access to the reputation profiles of a variety of trusted MSME networks. They will be able to examine the reputation data of these MSMEs to help them make more timely and informed decisions. In addition, with revenue generated from direct data requests to MSMEs, it will be a solution for both sides.
tokoin becomes a solution to make it easier for MSMEs to make it more reliable and make it more advanced and optimal for all people. all data will be proof that everyone has been recorded and is trusted to be safe and transparent for everyone.
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 partnership value to address inclusive growth. As a platform, Tokoin captures and processes business information from users as valuable assets, which, in this ecosystem, translate into markers for the trusted reputation of MSMEs as our users. This allows them to access previously inaccessible financial business services from providers, who act as tokoin partners. Because of that, Tokoin linked the business and financial sectors to launch a financial inclusion scheme. The partnership formed at Tokoin will further contribute to national economic growth.
tokoin makes a program to advance MSME so that it is better and more effective to make it modern and developing for businesses and businesses to move forward going forward tokoin will provide a tangible proof that tokoin will advance and make MSME more developed and advanced for many groups to have a more impact good for the economy in the future to provide direction and support for all people to move forward so that knowledge and insights get better.
token tokoin information
just enough discussion about tokoin for more info visit the link below:
website: https://www.tokoin.io/
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
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