Tokoin captures and processes business information

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INTRODUCTION

One оf the соrе purposes оf ѕtаrtіng a buѕіnеѕѕ іѕ fоr that business to grow, hоwеvеr, without рrореr mеthоdѕ, this growth саnnоt be аttаіnеd. Whіlѕt business оwnеrѕ struggle tо mаxіmіzе rеѕоurсеѕ tо ensure grоwth іn emerging markets, small scale аnd mісrо enterprises fіnd іt hаrdеr than mеdіum аnd lаrgе ѕсаlе buѕіnеѕѕеѕ; this іѕ duе tо unavailability оf рrореr resources аnd іnvеѕtоrѕ. Another іѕѕuе оf соnсеrn is thе lack of interest from financial оrgаnіzаtіоnѕ and merchants that соuld рrоvіdе grаntѕ, loans аѕ well as products whісh thе buѕіnеѕѕ саn аdvеrtіѕе and trаdе, thіѕ іѕ mоѕtlу due to a lасk оf a renowned reputation, whісh саnnоt easily be rесtіfіеd.

What is the Tokoin?

Tokoin is a platform that establishes digital business identity and reputation of MSME as an acceptable credibility scoring for suppliers and financial institutions. 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.

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.

MISSION

THEIR MISSION is to facilitate trustworthy data exchanges in a specified platform so that MSMEs will be able to meet their needs for financing and business services without complicating intermediaries. The more prosperous MSMEs’ economy will lead to the sustainability of a country’s economy.

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.

Tokoin ecosystem consists of an order of arrangement to convey the experience of distributing values from one participants to another. Each participant holds a determining role in order to keep the ecosystem fruitful to every business involved. The interaction between Tokoin user and partners is enabled by the blockchain technology to ensure every participant with security to every transaction and a more trustworthy relationship, resulting to valuable partnership between every partakers. 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.

BASIC INFORMATION ABOUT THE TOKEN

Tokoin’s platform issues TOKO on the blockchain as a means of interaction between participants. TOKO is used as an incentive when a participant in the ecosystem submits transaction data and validates the data. Also, it is a prequisite for using certain services on TOKO’s platform, including the business insights service provided by Tokoin. For service providers, TOKO is used for accessing advertisements and transaction data of MSMEs. With more and more participants using Tokoin’s services, the participants will have to stake and/or use the Tokens to use Tokoin’s platform, and this later raises the price of TOKO.

TOKO is generated by ERC-20 tokens and can be converted onto certain main net protocols if the team decides that it is necessary.This way, TOKO will be converted into new tokens based on the new protocol.

As Utility Tokens, the usage of TOKO Tokens is supposed to be within the ecosystem. MSMEs use TOKO Tokens to build credit scoring that can be used later to access business services. Partners, such as financial institutions, use TOKO Token as a prerequisite for accessing MSMEs’ data and information.