Small and medium business is extremely unprofitable in many countries of the world, as it does not receive official funding, and the economy as a whole suffers from this. In order to solve this problem, an innovative platform Tokoin was created. It is this project that will be discussed today.
About the project
Tokoin intends to create a public register of data of all strata so that every investor could understand how profitable it is to invest in this or that project, what problems it solves, what it has already done in the time it exists and how it can be earned.
This is a big step forward for the MSME group, as it will create additional jobs and reduce the number of people involved in the chain, which will benefit both buyers and service providers.
Tokoin is developing its own Tokoin dApp, which will carefully select proven and reliable projects that will form the ecosystem of the site.
This will allow the company to build long-term partnerships with enterprises and to increase and scale up production as a whole.
How can this be made a reality?
Every perfect operation on the platform will be publicly available and transparent, and can be tracked by anyone on the platform. Each project will have its own rating and expert evaluation from the community. The goods and services that will be presented at Tokoin dApp will be available for purchase at the best prices by agreeing on terms with the supplier.
An important functional role on the platform is played by the internal token of the platform - TOKO.
This token has a total emission of 700 million tokens. The project is based in Indonesia. This country has been chosen as the center of conception of the project because small and medium business has been developing especially actively in this country recently. According to statistics in Indonesia, about 60% of the population is involved in MSME groups. And even in such a country, these figures are growing every year.
But there are also a number of problems in this sector. Banks do not have a definite idea from the applicant who wants to get a loan for the development or scalability of their own enterprise. Therefore, 70% of the existing business cannot fully realize the potential of its companies. In addition, the market is saturated with monopolists who have a high level of financial support and therefore a marketing company operates in all spheres.
That is why a large number of businessmen choose a more well-known large enterprises, which have already formed a large client base. Small business can not afford to provide the investor with larger discounts and deliveries of goods, because of this there are higher costs in terms of delivery and implementation of the project.
Since governments support the development of large companies more than small ones and the presence of high competition in the market, the MSME group is squeezed on both sides of the state structures.
Advantages of using the Tokoin site
Tokoin removes the barrier between small and large businesses and allows them to collaborate on mutually beneficial terms and create additional jobs and provide previously unavailable services in ecommerce.
The rating of the start-up business is very important for financial companies - this factor can be tracked in the public register of Tokoin, it will increase confidence in the small company and form a trustworthy long-term relationship.
Blockchain technology will allow transparent accounting and logistics, as it will be possible to track all the activities on the platform, see the company's income, average check, delivery of goods, unloading of goods and much more.
Summing up:
Tokoin intends to turn the relationship in MSME business and make cooperation between the two parties mutually beneficial for all. As it will allow to develop the country's economy and increase the number of jobs.
Official resources of Tokoin project:
WEBSITE: https://www.tokoin.io
TELEGRAM: http://t.me/tokoinglobal
WHITEPAPER: https://www.tokoin.io/whitepaper/Whitepaper.pdf?id=05f5c9d62d22ae24ea82
FACEBOOK: https://www.facebook.com/TokoinOfficial
TWITTER: https://twitter.com/TokoinOfficial
MEDIUM: https://medium.com/@tokoin
REDDIT: https://www.reddit.com/user/TokoinOfficial
INSTAGRAM: https://www.instagram.com/tokoinofficial
YOUTUBE: https://www.youtube.com/channel/UCOncpHAzRWWjx6HBp4wAhbg/featured
My profile - https://bitcointalk.org/index.php?action=profile;u=2373024
0xcED7Fc52EF2BF0cd4FC551369110dC949DF2e308
Nice Article.
Thank bro
Great job, read the whole article))
Good jhob, tokocoin. Go to buming indonesia.
We support you. Congrate
Excellent article. Write more, and the project is top.