You are interested in joining the project, your Tokoin must read information that will help you get information that can help you see your vision and mission
MSMEs as we all know it stands for Micro, Small and Medium Enterprises and we cannot just underestimate their existence and importance in the global economy. Although faced with so many challenges that threaten, the extinction of this aspect of the world economy will be strikingly catastrophic because they are responsible for occupying 90% of the world's registered businesses, so when speaking in terms of production, exports, work making advertisements bridging the income gap, we clearly cannot underestimate the importance of this industry.
Problem
Lack of financial support for new companies: Because this is a common feature of all MSMEs that they do not have strong financial support, guarantees and sufficient cash inflows, this makes them ineligible to get loans from banks and
Inability to maximize effective use of data: Data generated by most MSMEs should be used effectively for business development, but most MSMEs do not even understand this data, there is no need to maximize their effective use.
Introducing the Solution: Tokoin
This is a blockchain based platform dedicated to creating a trusted and reputable profile for MSMEs that will be made possible by collecting business non-financial data into digital identities
Also, the problem of financial support by starting us. MSMEs will be eliminated by building a business reputation by utilizing information data recorded in a blockchain network that has been verified, this valuable data can be used by businesses as leverage to meet loan requirements, thereby gaining access to financial services needed for business growth.
Finally, Tokoin plans to bring business partnerships to MSMEs through partnerships with various institutions. With this, MSMEs can easily build their reputation and credibility because their behavior is monitored by a platform to provide conditions for their partnership with financial institutions.
Operandi Mode for Obtaining Digital Identity on Tokoin
Business accounts are created on the Tokoin Application by MSMEs
KYC is conducted by the Tokoin team to verify profiles submitted by MSMEs
Official business identity is obtained from Tokoin immediately, KYC succeeds
This business identity can then be used to make transactions by SMEs in the market affiliated with Tokoin
Digital ledgers can therefore be managed by MSMEs and also make transaction records by making transactions with their digital business IDs.
What's in it for Brands and service providers?
They can easily access user profiles
They can see real-time business transactions
They can see the reputation of the business and
They can also see the affiliate network.
The store utility token will function as an original token on this platform and will be used as a form of interaction between participants.
Initially, tokens must be based on ERC-20, which will be converted if the team decides to move to another main net.
Some other use cases of tokens include;
Form incentives every time a participant in the platform sends and validates transaction data
Serves as a prerequisite for using multiple services on platforms such as business insights, access to advertisements and transaction data for service providers among several others.
The total supply of tokens is 2,000,000,000 STORES with 700,000,000 STORES budgeted for the sale of tokens where the funds raised will be used to start the platform.
Reassuringly, the enthusiasm to increase the rate of growth of micro, small and medium enterprises is the only reason behind the establishment of the Tokoin platform, the professionalism and team experience with the carefully developed modus operandi have shown the fact that the platform will eventually succeed in bringing about external developments. it is common for MSMEs in developing markets, therefore platforms cannot be left behind for anything.
Information
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
By: The.ojodumeh
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2638115
ETH: 0xdEC485bb3C3265A4CD296E132A59068eba3eD951
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